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

In the year to Sep 13, 2026, with distributions reinvested, USMV returned +6.6% and VGSH returned +1.8%, so USMV returned more. One year is one year; the longer windows are in the table.

Which is cheaper, USMV or VGSH?

USMV charges 0.15% a year and VGSH charges 0.03%, so VGSH is cheaper. Fees come from each fund's prospectus.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

USMV vs VGSH: how they differ

USMV and VGSH hold 0% of their weight in the same names, and USMV returned more over the year.

iShares MSCI USA Min Vol Factor ETF and Vanguard Short-Term Treasury Index Fund.

What they hold in common

By the books each fund has filed, USMV and VGSH hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in USMV	Only in VGSH
AMPHENOL CORP CLASS A 1.58%	United States Treasury Note/Bond 2.26%
MICROSOFT 1.56%	United States Treasury Note/Bond 1.41%
NVIDIA 1.54%	United States Treasury Note/Bond 1.36%
WELLTOWER 1.53%	United States Treasury Note/Bond 1.32%
CHUBB 1.49%	United States Treasury Note/Bond 1.31%
JOHNSON & JOHNSON 1.49%	United States Treasury Note/Bond 1.30%
VERIZON COMMUNICATIONS INC 1.49%	United States Treasury Note/Bond 1.27%
EXXONMOBIL HOLDINGS CORP 1.48%	United States Treasury Note/Bond 1.27%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 10, 2026.

USMV and VGSH on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	USMV iShares MSCI USA Min Vol Factor ETF	VGSH Vanguard Short-Term Treasury Index Fund
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	MSCI USA Min Vol Factor	Short-Term Treasury
Total return, 1 year	+6.6%	+1.8%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−10.9 pts	−15.7 pts
Expense ratio	0.15%	0.03%
Holdings	175	91

USMV in plain words

USMV is an index equity fund tracking the MSCI USA Min Vol Factor. Over the year to Sep 11, 2026 it returned +6.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 175 positions, with the top ten at 15.1%.

VGSH in plain words

VGSH is a bond fund tracking the Short-Term Treasury. Over the year to Sep 11, 2026 it returned +1.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, USMV or VGSH?: In the year to Sep 13, 2026, with distributions reinvested, USMV returned +6.6% and VGSH returned +1.8%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or VGSH?: USMV charges 0.15% a year and VGSH charges 0.03%, so VGSH is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

USMV against VGSH, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, USMV against VGSH, data as of Sep 13, 2026. https://etfiq.com/compare/any/usmv-vs-vgsh Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources