Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
USMV vs VLUE: how they differ
USMV and VLUE hold 14% of their weight in the same names, and VLUE returned more over the year.
iShares MSCI USA Min Vol Factor ETF and iShares MSCI USA Value Factor ETF.
What they hold in common
By the books each fund has filed, USMV and VLUE hold 14% of their money in the same securities at the same weight.
| Holding | USMV | VLUE |
|---|---|---|
| VERIZON COMMUNICATIONS INC | 1.49% | 3.05% |
| CISCO SYSTEMS INC | 1.36% | 4.14% |
| SALESFORCE | 1.17% | 1.26% |
| AT&T | 0.93% | 2.69% |
| MICRON TECHNOLOGY | 0.76% | 21.65% |
| ACCENTURE PLC CLASS A | 0.72% | 0.97% |
| ADOBE INC | 0.55% | 0.62% |
| TE CONNECTIVITY PLC | 0.55% | 0.66% |
| KROGER | 0.57% | 0.54% |
| CENTENE CORP | 0.46% | 0.51% |
| NEWMONT | 0.45% | 0.72% |
| COGNIZANT TECHNOLOGY SOLUTIONS CLA | 0.41% | 0.52% |
| Only in USMV | Only in VLUE |
|---|---|
| AMPHENOL CORP CLASS A 1.58% | GENERAL MOTORS 3.72% |
| MICROSOFT 1.56% | BANK OF AMERICA 2.15% |
| NVIDIA 1.54% | FORD MOTOR CO 1.94% |
| WELLTOWER 1.53% | COMCAST CLASS A 1.79% |
| CHUBB 1.49% | HEWLETT PACKARD ENTERPRISE 1.74% |
| JOHNSON & JOHNSON 1.49% | DELL TECHNOLOGIES INC CLASS C 1.71% |
| EXXONMOBIL HOLDINGS CORP 1.48% | PFIZER 1.70% |
| MOTOROLA SOLUTIONS INC 1.48% | CITIGROUP 1.63% |
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 Sep 10, 2026.
| USMV iShares MSCI USA Min Vol Factor ETF | VLUE iShares MSCI USA Value Factor ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | MSCI USA Min Vol Factor | MSCI USA Value Factor |
| Total return, 1 year | +6.6% | +69.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.9 pts | +51.9 pts |
| Expense ratio | 0.15% | 0.15% |
| Already in the S&P 500 | 94.8% | 96.9% |
| Holdings | 175 | 148 |
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%.
VLUE in plain words
VLUE is an index equity fund tracking the MSCI USA Value Factor. Over the year to Sep 11, 2026 it returned +69.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 148 positions, with the top ten at 44.6%.
Questions people ask
- Which returned more over the last year, USMV or VLUE?
- In the year to Sep 13, 2026, with distributions reinvested, USMV returned +6.6% and VLUE returned +69.4%, so VLUE returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, USMV or VLUE?
- USMV charges 0.15% a year and VLUE charges 0.15%, so USMV is cheaper. Fees come from each fund's prospectus.
- How much do USMV and VLUE overlap with the S&P 500?
- By their latest filed holdings, 95% of USMV and 97% of VLUE by weight is stocks the S&P 500 already holds. Between the two funds, 14% of their books are the same securities at the same weight.
Other comparisons
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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.
Cite this page. ETFIQ, USMV against VLUE, data as of Sep 13, 2026. https://etfiq.com/compare/any/usmv-vs-vlue Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources