Data as of Oct 28, 2026.
USVM vs VIOV: Differences, Returns & Fees
Over the year to Oct 28, 2026, USVM returned +19.6% to VIOV's +19.4%; 24% of their weight is in the same names.
askIQ about this page
askIQ about USVM and VIOV
Net assets: $1.7bn on Jun 30, 2026 for VictoryShares US Small Mid Cap Value Momentum ETF, and $1.7bn on Sep 30, 2026 for Vanguard S&P Small-Cap 600 Value ETF.
Pair scorecard
VIOV costs 0.19 points a year less; their one-year returns differ by 0.2 points.
| Measure | USVM | VIOV |
|---|---|---|
| Return | ||
| Total return, 1 year | +19.6% | +19.4% |
| Drawdown | ||
| Below its high | 5.3%, high on Aug 4, 2026 | 5.6%, high on Aug 14, 2026 |
| Benchmark | ||
| What it tracks | Nasdaq Victory US Small Mid Cap Value Momentum Index | S&P SmallCap 600 Value Index |
| Cost and size | ||
| Expense ratio | 0.29% | 0.10% |
| Net assets, USVM as of Jun 30, 2026 and VIOV as of Sep 30, 2026 | $1.7bn | $1.7bn |
| Holdings | ||
| Holdings in common | 24% | |
| Top ten holdings, share of the fund | 6.9% | 8.4% |
Holdings in common uses holdings dated Jun 30, 2026 and Sep 30, 2026. Method
Risk and return
Nov 3, 2017 to Oct 23, 2026 · 468 weekly returnsUSVM returned more: +142.9% to +108.2%. USVM swung slightly less: 22.3% to 24.6%. USVM fell less at its worst: −41.3% to −46.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | USVM | VIOV | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +142.9% | +108.2% | USVM | Price change plus distributions, reinvested. |
| Annualized | +10.4% | +8.5% | USVM | Total return as a yearly rate. |
| Price return | +110.2% | +77.3% | USVM | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 22.3% | 24.6% | USVM (slight) | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 15.7% | 17.1% | USVM (slight) | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −41.3% | −46.3% | USVM | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.43 | 0.34 | USVM | Return above Treasury bills per unit of volatility. |
| Sortino | 0.62 | 0.50 | USVM | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.25 | 0.18 | USVM | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 468 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, USVM and VIOV hold 24% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Sep 30, 2026.
half
24% in common
Only in one fund ↓
Side by side
USVM and VIOV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
USVM and VIOV are built for the same job. How do they differ in cost, holdings and results?
- What each follows. USVM follows Nasdaq Victory US Small Mid Cap Value Momentum Index and VIOV follows S&P SmallCap 600 Value Index.
- Holdings in common. 24% of the weight is in the same securities (holdings dated Jun 30, 2026 and Sep 30, 2026).
- Cost. USVM charges 0.29% of assets a year and VIOV 0.10%, a gap of 0.19 points.
Data as of Oct 28, 2026.
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
USVM
USVM tracks an index. Over the year to Oct 28, 2026 it returned +19.6% with distributions reinvested. The prospectus expense ratio is 0.29% a year. By its holdings filed for Jun 30, 2026, 5% of the fund by weight is stocks the S&P 500 also holds, across 288 positions, with the top ten at 6.9%. It sat 5.3% below its high of Aug 4, 2026 on Oct 28, 2026.
VIOV
VIOV tracks an index. Over the year to Oct 28, 2026 it returned +19.4% with distributions reinvested, against +19.3% for its benchmark, the S&P SmallCap 600 Value Index. The prospectus expense ratio is 0.10% a year. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 465 positions, with the top ten at 8.4%. It sat 5.6% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, USVM or VIOV?
- In the year to Oct 28, 2026, with distributions reinvested, USVM returned +19.6% and VIOV +19.4%.
- Which is cheaper, USVM or VIOV?
- VIOV is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
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, USVM against VIOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/usvm-vs-viov
ETFIQ. (Oct 28, 2026). USVM against VIOV. Retrieved from https://etfiq.com/compare/any/usvm-vs-viov
[USVM against VIOV (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/usvm-vs-viov)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.