Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
USMV vs VYM: how they differ
USMV and VYM hold 0% of their weight in the same names, and VYM returned more over the year.
iShares MSCI USA Min Vol Factor ETF and Vanguard High Dividend Yield Index Fund.
What they hold in common
By the books each fund has filed, USMV and VYM hold 0% of their money in the same securities at the same weight.
| Only in USMV | Only in VYM |
|---|---|
| AMPHENOL CORP CLASS A 1.58% | Broadcom Inc 8.07% |
| MICROSOFT 1.56% | JPMorgan Chase & Co 3.36% |
| NVIDIA 1.54% | Exxon Mobil Corp 2.73% |
| WELLTOWER 1.53% | Johnson & Johnson 2.31% |
| CHUBB 1.49% | Caterpillar Inc 1.73% |
| JOHNSON & JOHNSON 1.49% | AbbVie Inc 1.57% |
| VERIZON COMMUNICATIONS INC 1.49% | Cisco Systems Inc 1.52% |
| EXXONMOBIL HOLDINGS CORP 1.48% | Chevron Corp 1.51% |
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 Apr 30, 2026 and Sep 10, 2026.
| USMV iShares MSCI USA Min Vol Factor ETF | VYM Vanguard High Dividend Yield Index Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Vanguard |
| What it is | MSCI USA Min Vol Factor | US high dividend |
| Total return, 1 year | +6.6% | +17.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.9 pts | +0.1 pts |
| Expense ratio | 0.15% | 0.04% |
| Already in the S&P 500 | 94.8% | 92.2% |
| Holdings | 175 | 608 |
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%.
VYM in plain words
VYM is an index equity fund tracking the US high dividend. Over the year to Sep 11, 2026 it returned +17.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.04% a year. By its holdings filed for Apr 30, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 608 positions, with the top ten at 25.7%.
Questions people ask
- Which returned more over the last year, USMV or VYM?
- In the year to Sep 13, 2026, with distributions reinvested, USMV returned +6.6% and VYM returned +17.6%, so VYM returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, USMV or VYM?
- USMV charges 0.15% a year and VYM charges 0.04%, so VYM is cheaper. Fees come from each fund's prospectus.
- How much do USMV and VYM overlap with the S&P 500?
- By their latest filed holdings, 95% of USMV and 92% of VYM by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
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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 VYM, data as of Sep 13, 2026. https://etfiq.com/compare/any/usmv-vs-vym Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources