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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 XRT: how they differ

USMV and XRT 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) SPDR(R) S&P(R) Retail ETF.

What they hold in common

By the books each fund has filed, USMV and XRT 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 XRT
AMPHENOL CORP CLASS A 1.58%ABERCROMBIE + FITCH CO CL A 2.37%
MICROSOFT 1.56%MARINEMAX INC 2.27%
NVIDIA 1.54%CARMAX INC 1.77%
WELLTOWER 1.53%FIVE BELOW 1.75%
CHUBB 1.49%TARGET CORP 1.73%
JOHNSON & JOHNSON 1.49%PENSKE AUTOMOTIVE GROUP INC 1.72%
VERIZON COMMUNICATIONS INC 1.49%SALLY BEAUTY HOLDINGS INC 1.71%
EXXONMOBIL HOLDINGS CORP 1.48%LITHIA MOTORS INC 1.70%

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 XRT on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
USMV
iShares MSCI USA Min Vol Factor ETF
XRT
State Street(R) SPDR(R) S&P(R) Retail ETF
Where it sitsCore index fundCore index fund
IssueriSharesState Street
What it isMSCI USA Min Vol FactorSPDR S&P Retail
Total return, 1 year+6.6%−3.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−10.9 pts−20.6 pts
Expense ratio0.15%0.35%
Already in the S&P 50094.8%22.5%
Holdings17577

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%.

XRT in plain words

XRT is an index equity fund tracking the SPDR S&P Retail. Over the year to Sep 11, 2026 it returned −3.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.35% a year. By its holdings filed for Sep 10, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 77 positions, with the top ten at 18.4%. It sat 12.2% below its high of Nov 16, 2021 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, USMV or XRT?
In the year to Sep 13, 2026, with distributions reinvested, USMV returned +6.6% and XRT returned −3.0%, so USMV returned more. One year is one year; the longer windows are in the table.
Which is cheaper, USMV or XRT?
USMV charges 0.15% a year and XRT charges 0.35%, so USMV is cheaper. Fees come from each fund's prospectus.
How much do USMV and XRT overlap with the S&P 500?
By their latest filed holdings, 95% of USMV and 22% of XRT 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.

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

A comparison is not a recommendation. Standards and sources