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

In the year to Oct 28, 2026, with distributions reinvested, USMV returned +10.8% and XRT +2.4%.

Which is cheaper, USMV or XRT?

USMV is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.

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

By their latest filed holdings, 93% of USMV and 22% of XRT by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

USMV vs XRT: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, USMV returned +10.8% to XRT's +2.4%; 4% of their weight is in the same names.

askIQ about this page

askIQ about USMV and XRT

Net assets on Oct 27, 2026: $24.1bn for iShares MSCI USA Min Vol Factor ETF and $362m for State Street SPDR S&P Retail ETF.

USMV on its own →XRT on its own →

At a glance

+10.8%

USMV total return, 1 year

+2.4%

XRT total return, 1 year

0.15%

USMV expense ratio

0.35%

XRT expense ratio

Pair scorecard

USMV costs 0.20 points a year less; their one-year returns differ by 8.4 points; USMV is far larger, $24.1bn against $362m.

USMV vs XRT: Differences, Returns & Fees
Measure	USMV	XRT
Return
Measure	USMV	XRT
Total return, 1 year	+10.8%	+2.4%
Drawdown
Measure	USMV	XRT
Below its high		9.9%, high on Nov 16, 2021
Benchmark
Measure	USMV	XRT
What it tracks	MSCI USA Minimum Volatility (USD) Index	S&P Retail Select Industry Index
Cost and size
Measure	USMV	XRT
Expense ratio	0.15%	0.35%
Net assets, as of Oct 27, 2026	$24.1bn	$362m
Holdings
Measure	USMV	XRT
Holdings in common	4%
Top ten holdings, share of the fund	14.8%	16.6%

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

What they share

By the books each fund has filed, USMV and XRT 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 XRT

TJX 0.95% 1.52%

AUTOZONE 0.74% 1.47%

WALMART 0.73% 1.54%

OREILLY AUTOMOTIVE INC 0.69% 1.42%

KROGER 0.63% 1.59%

COSTCO WHOLESALE CORP 0.50% 1.50%

AMAZON.COM INC 0.13% 1.37%

Only in one fund ↓

Only in USMV

MICROSOFT 1.61%

EXXONMOBIL HOLDINGS CORP 1.54%

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%

Only in XRT

KOHLS CORP 1.85%

MAPLEBEAR INC 1.76%

BATH + BODY WORKS INC 1.69%

ETSY INC 1.68%

VICTORIA S SECRET + CO 1.66%

BJ S WHOLESALE CLUB HOLDINGS 1.62%

GAMESTOP CORP CLASS A 1.60%

OLLIE S BARGAIN OUTLET HOLDI 1.60%

Check overlap with more funds →

Side by side

USMV iShares MSCI USA Min Vol Factor ETF XRT State Street SPDR S&P Retail ETF

Where it sits Stock ETF Stock ETF

Issuer iShares State Street

What it is Tracks the MSCI USA Min Vol Factor Tracks the S&P Retail

Total return, 1 year +10.8% +2.4%

Expense ratio 0.15% 0.35%

Already in the S&P 500 93.0% 22.5%

Holdings 176 74

Net assets, as of Oct 27, 2026 $24.1bn $362m

USMV and XRT 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%.

XRT

XRT tracks the S&P Retail. Over the year to Oct 28, 2026 it returned +2.4% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 74 positions, with the top ten at 16.6%. It sat 9.9% below its high of Nov 16, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, USMV or XRT?: In the year to Oct 28, 2026, with distributions reinvested, USMV returned +10.8% and XRT +2.4%.
Which is cheaper, USMV or XRT?: USMV is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do USMV and XRT overlap with the S&P 500?: By their latest filed holdings, 93% of USMV and 22% of XRT by weight is stocks the S&P 500 already holds.

Other comparisons

USMV vs XHB USMV vs XLY USMV vs XOP USMV vs VOX CGGR vs XRT DFUS vs XRT DGRW vs XRT AVUS vs XRT

Where to next

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

Sources and dates

USMV filings on SEC EDGAR ↗

USMV prospectus with the expense ratio (SEC) ↗

iShares page for USMV ↗

XRT filings on SEC EDGAR ↗

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

Open data →

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