Get the weekly note

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 XLRE: how they differ

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

iShares MSCI USA Min Vol Factor ETF and State Street(R) Real Estate Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, USMV and XLRE 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 USMVOnly in XLRE
AMPHENOL CORP CLASS A 1.58%WELLTOWER INC 11.71%
MICROSOFT 1.56%PROLOGIS INC 8.96%
NVIDIA 1.54%EQUINIX INC 7.10%
WELLTOWER 1.53%AMERICAN TOWER CORP 5.67%
CHUBB 1.49%VIVMARK RESIDENTIAL 5.06%
JOHNSON & JOHNSON 1.49%DIGITAL REALTY TRUST INC 5.04%
VERIZON COMMUNICATIONS INC 1.49%SIMON PROPERTY GROUP INC 4.67%
EXXONMOBIL HOLDINGS CORP 1.48%VENTAS INC 4.66%

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 and XLRE on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
USMV
iShares MSCI USA Min Vol Factor ETF
XLRE
State Street(R) Real Estate Select Sector SPDR(R) ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isMSCI USA Min Vol FactorReal estate
Total return, 1 year+6.6%+5.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−10.9 pts−11.9 pts
Expense ratio0.15%0.08%
Already in the S&P 50094.8%100.0%
Holdings17532

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%.

XLRE in plain words

XLRE is an index equity fund tracking the Real estate. Over the year to Sep 11, 2026 it returned +5.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 32 positions, with the top ten at 61.9%. It sat 5.6% below its high of Jul 28, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, USMV or XLRE?
In the year to Sep 13, 2026, with distributions reinvested, USMV returned +6.6% and XLRE returned +5.6%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or XLRE?
USMV charges 0.15% a year and XLRE charges 0.08%, so XLRE is cheaper. Fees come from each fund's prospectus.
How much do USMV and XLRE overlap with the S&P 500?
By their latest filed holdings, 95% of USMV and 100% of XLRE 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.

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 XLRE, 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 XLRE, data as of Sep 13, 2026. https://etfiq.com/compare/any/usmv-vs-xlre Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources