Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
USMV vs XLY: how they differ
USMV and XLY 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) Consumer Discretionary Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, USMV and XLY hold 0% of their money in the same securities at the same weight.
| Only in USMV | Only in XLY |
|---|---|
| AMPHENOL CORP CLASS A 1.58% | AMAZON.COM INC 24.68% |
| MICROSOFT 1.56% | TESLA INC 17.84% |
| NVIDIA 1.54% | HOME DEPOT INC 5.31% |
| WELLTOWER 1.53% | MCDONALD S CORP 4.09% |
| CHUBB 1.49% | BOOKING HOLDINGS INC 3.52% |
| JOHNSON & JOHNSON 1.49% | TJX COMPANIES INC 3.44% |
| VERIZON COMMUNICATIONS INC 1.49% | STARBUCKS CORP 2.96% |
| EXXONMOBIL HOLDINGS CORP 1.48% | LOWE S COS INC 2.88% |
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 | XLY State Street(R) Consumer Discretionary Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | MSCI USA Min Vol Factor | Consumer discretionary |
| Total return, 1 year | +6.6% | −4.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −10.9 pts | −21.6 pts |
| Expense ratio | 0.15% | 0.08% |
| Already in the S&P 500 | 94.8% | 100.0% |
| Holdings | 175 | 49 |
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%.
XLY in plain words
XLY is an index equity fund tracking the Consumer discretionary. Over the year to Sep 11, 2026 it returned −4.1% 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 49 positions, with the top ten at 68.7%. It sat 8.9% below its high of Jan 12, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, USMV or XLY?
- In the year to Sep 13, 2026, with distributions reinvested, USMV returned +6.6% and XLY returned −4.1%, so USMV returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, USMV or XLY?
- USMV charges 0.15% a year and XLY charges 0.08%, so XLY is cheaper. Fees come from each fund's prospectus.
- How much do USMV and XLY overlap with the S&P 500?
- By their latest filed holdings, 95% of USMV and 100% of XLY 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 XLY, data as of Sep 13, 2026. https://etfiq.com/compare/any/usmv-vs-xly Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources