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

In the year to Oct 28, 2026, with distributions reinvested, USMV returned +10.8% and XLE +61.2%.

Which is cheaper, USMV or XLE?

XLE is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 93% of USMV and 100% of XLE by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

USMV vs XLE: Differences, Returns & Fees

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Over the year to Oct 28, 2026, USMV returned +10.8% to XLE's +61.2%; 4% of their weight is in the same names.

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Net assets on Oct 27, 2026: $24.1bn for iShares MSCI USA Min Vol Factor ETF and $45.2bn for State Street Energy Select Sector SPDR ETF.

USMV on its own →XLE on its own →

At a glance

+10.8%

USMV total return, 1 year

+61.2%

XLE total return, 1 year

0.15%

USMV expense ratio

0.08%

XLE expense ratio

Pair scorecard

XLE costs 0.07 points a year less; their one-year returns differ by 50.4 points; XLE is 1.9 times larger.

USMV vs XLE: Differences, Returns & Fees
Measure	USMV	XLE
Return
Measure	USMV	XLE
Total return, 1 year	+10.8%	+61.2%
Benchmark
Measure	USMV	XLE
What it tracks	MSCI USA Minimum Volatility (USD) Index	Energy Select Sector Index
Cost and size
Measure	USMV	XLE
Expense ratio	0.15%	0.08%
Net assets, as of Oct 27, 2026	$24.1bn	$45.2bn
Holdings
Measure	USMV	XLE
Holdings in common	4%
Top ten holdings, share of the fund	14.8%	78.1%

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

What they share

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

50%

0 half 100%

half

4% in common

Positions both hold · largest shared weight first USMV XLE

EXXONMOBIL HOLDINGS CORP 1.54% 23.98%

CONOCOPHILLIPS 0.66% 7.18%

CHEVRON 0.64% 18.21%

WILLIAMS 0.44% 4.22%

EXPAND ENERGY 0.24% 1.05%

EOG RESOURCES 0.19% 4.07%

MARATHON PETROLEUM 0.13% 4.67%

PHILLIPS 66 0.12% 4.41%

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 XLE

VALERO ENERGY CORP 4.26%

SLB LTD 3.86%

KINDER MORGAN INC 3.19%

TARGA RESOURCES CORP 3.12%

ONEOK INC 2.91%

BAKER HUGHES CO 2.82%

DEVON ENERGY CORP 2.71%

OCCIDENTAL PETROLEUM CORP 2.20%

Check overlap with more funds →

Side by side

USMV iShares MSCI USA Min Vol Factor ETF XLE State Street Energy Select Sector SPDR ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

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

Total return, 1 year +10.8% +61.2%

Expense ratio 0.15% 0.08%

Already in the S&P 500 93.0% 99.8%

Holdings 176 22

Net assets, as of Oct 27, 2026 $24.1bn $45.2bn

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

Alert

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%.

XLE

XLE tracks an index of Energy. Over the year to Oct 28, 2026 it returned +61.2% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 22 positions, with the top ten at 78.1%.

Questions people ask

Which returned more over the last year, USMV or XLE?: In the year to Oct 28, 2026, with distributions reinvested, USMV returned +10.8% and XLE +61.2%.
Which is cheaper, USMV or XLE?: XLE is cheaper, by 0.07 percentage points a year. That is about $7 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do USMV and XLE overlap with the S&P 500?: By their latest filed holdings, 93% of USMV and 100% of XLE by weight is stocks the S&P 500 already holds.

Other comparisons

USMV vs VDE USMV vs XOP IYE vs USMV USMV vs XLV CGGR vs XLE DFUS vs XLE DGRW vs XLE AVUS vs XLE

Where to next

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

Sources and dates

USMV filings on SEC EDGAR ↗

USMV prospectus with the expense ratio (SEC) ↗

iShares page for USMV ↗

XLE filings on SEC EDGAR ↗

XLE prospectus with the expense ratio (SEC) ↗

State Street website ↗

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 XLE, data as of Oct 28, 2026. https://etfiq.com/compare/any/usmv-vs-xle

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.