Which returned more over the last year, USMV or VDE?

In the year to Oct 28, 2026, with distributions reinvested, USMV returned +10.8% and VDE +58.8%.

Which is cheaper, USMV or VDE?

VDE is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do USMV and VDE overlap with the S&P 500?

By their latest filed holdings, 93% of USMV and 81% of VDE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

USMV vs VDE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, USMV returned +10.8% to VDE's +58.8%; 4% of their weight is in the same names.

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Net assets: $24.1bn on Oct 27, 2026 for iShares MSCI USA Min Vol Factor ETF, and $10.4bn on Sep 30, 2026 for Vanguard Energy ETF.

USMV on its own →VDE on its own →

At a glance

+10.8%

USMV total return, 1 year

+58.8%

VDE total return, 1 year

0.15%

USMV expense ratio

0.09%

VDE expense ratio

Pair scorecard

VDE costs 0.06 points a year less; their one-year returns differ by 48.0 points; USMV is 2.2 times larger.

USMV vs VDE: Differences, Returns & Fees
Measure	USMV	VDE
Return
Measure	USMV	VDE
Total return, 1 year	+10.8%	+58.8%
Benchmark
Measure	USMV	VDE
What it tracks	MSCI USA Minimum Volatility (USD) Index	MSCI US Investable Market Index (IMI)/Energy 25/50
Cost and size
Measure	USMV	VDE
Expense ratio	0.15%	0.09%
Net assets, as of Sep 30, 2026	$23.2bn	$10.4bn
Holdings
Measure	USMV	VDE
Holdings in common	4%
Top ten holdings, share of the fund	14.8%	67.1%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Oct 28, 2011 to Oct 23, 2026 · 782 weekly returns

USMV VDE

Return

Total return edge USMV +423.5% +188.5%

Annualized edge USMV +11.6% +7.3%

Price return edge USMV +295.7% +80.5%

Risk

Volatility edge USMV 13.4% 27.1%

Max drawdown edge USMV −30.6% −72.2%

Risk-adjusted

Sharpe edge USMV 0.76 0.33

Sortino edge USMV 1.09 0.47

Calmar edge USMV 0.38 0.10

Reading

USMV returned more: +423.5% to +188.5%. USMV swung less: 13.4% to 27.1%. USMV fell less at its worst: −30.6% to −72.2%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: USMV vs VDE: Differences, Returns & Fees
Measure	USMV	VDE	Edge	How it is measured
Return
Total return	+423.5%	+188.5%	USMV	Price change plus distributions, reinvested.
Annualized	+11.6%	+7.3%	USMV	Total return as a yearly rate.
Price return	+295.7%	+80.5%	USMV	Price change alone, distributions left out.
Risk
Volatility	13.4%	27.1%	USMV	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	9.3%	19.3%	USMV	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−30.6%	−72.2%	USMV	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.76	0.33	USMV	Return above Treasury bills per unit of volatility.
Sortino	1.09	0.47	USMV	Return above Treasury bills per unit of downside deviation.
Calmar	0.38	0.10	USMV	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 782 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, USMV and VDE hold 4% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first USMV VDE

EXXONMOBIL HOLDINGS CORP 1.54% 22.88%

CONOCOPHILLIPS 0.66% 5.87%

CHEVRON 0.64% 14.42%

WILLIAMS 0.44% 3.16%

EXPAND ENERGY 0.24% 0.78%

CHENIERE ENERGY 0.21% 2.15%

EOG RESOURCES 0.19% 2.85%

MARATHON PETROLEUM 0.13% 4.46%

PHILLIPS 66 0.12% 3.94%

Only in one fund ↓

Only in USMV

MICROSOFT 1.61%

BERKSHIRE HATHAWAY INC CLASS B 1.50%

CHUBB 1.50%

MOTOROLA SOLUTIONS INC 1.48%

AMPHENOL CORP CLASS A 1.47%

NVIDIA 1.47%

JOHNSON & JOHNSON 1.44%

MCKESSON CORP 1.43%

Only in VDE

Valero Energy Corp 4.45%

SLB Ltd 2.83%

Kinder Morgan Inc 2.23%

Targa Resources Corp 2.21%

Baker Hughes Co 2.07%

ONEOK Inc 2.05%

Devon Energy Corp 1.99%

Occidental Petroleum Corp 1.58%

Check overlap with more funds →

Side by side

USMV iShares MSCI USA Min Vol Factor ETF VDE Vanguard Energy ETF

Where it sits Stock ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks the MSCI USA Min Vol Factor Tracks an index of Energy

Total return, 1 year +10.8% +58.8%

Its benchmark over the same days not measured +59.0% (FENY)

Gap to its benchmark not measured −0.2 pts vs FENY

Expense ratio 0.15% 0.09%

Already in the S&P 500 93.0% 81.2%

Holdings 176 113

Net assets, USMV as of Oct 27, 2026 and VDE as of Sep 30, 2026 $24.1bn $10.4bn

USMV and VDE on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-A521078254

USMV and VDE do different jobs. What does each one do in a portfolio?

What each follows. USMV follows MSCI USA Minimum Volatility (USD) Index and VDE follows MSCI US Investable Market Index (IMI)/Energy 25/50.
Holdings in common. 4% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
One-year total return. Over 1 year to Oct 28, 2026 USMV returned +10.8% and VDE +58.8% with distributions reinvested, a gap of 48.0 points.

Data as of Oct 28, 2026.

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About each fund

USMV

USMV tracks the MSCI USA Min Vol Factor. Over the year to Oct 28, 2026 it returned +10.8% with distributions reinvested. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 176 positions, with the top ten at 14.8%.

VDE

VDE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +58.8% with distributions reinvested, against +59.0% for its benchmark, the MSCI US Investable Market Index (IMI)/Energy 25/50. The prospectus expense ratio is 0.09% a year. By its holdings published by its issuer as of Sep 30, 2026, 81% of the fund by weight is stocks the S&P 500 also holds, across 113 positions, with the top ten at 67.1%.

Questions people ask

Which returned more over the last year, USMV or VDE?: In the year to Oct 28, 2026, with distributions reinvested, USMV returned +10.8% and VDE +58.8%.
Which is cheaper, USMV or VDE?: VDE is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do USMV and VDE overlap with the S&P 500?: By their latest filed holdings, 93% of USMV and 81% of VDE by weight is stocks the S&P 500 already holds.

Other comparisons

IYE vs USMV USMV vs XOP USMV vs XLE USMV vs VDC GRNY vs VDE CGGR vs VDE DFUS vs VDE DGRW vs VDE

Where to next

USMV on its own →VDE on its own →Hold both: look the portfolio through →Rankings →USMV dividend history →USMV holdings →VDE dividend history →VDE holdings →Standards and sources →

Sources and dates

USMV filings on SEC EDGAR ↗

USMV prospectus with the expense ratio (SEC) ↗

iShares page for USMV ↗

VDE filings on SEC EDGAR ↗

VDE prospectus with the expense ratio (SEC) ↗

Vanguard page for VDE ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, USMV against VDE, data as of Oct 28, 2026. https://etfiq.com/compare/any/usmv-vs-vde

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