USMV vs VOO

iShares MSCI USA Min Vol Factor ETF vs Vanguard S&P 500 ETF

Quick take
  • VOO has the lower expense ratio at 0.03% vs 0.15% for USMV.
  • USMV pays a higher dividend yield (1.50%).

Side-by-side metrics

MetricUSMVVOO
Expense ratio
Annual fee. Lower is better.
0.15%0.03%
Dividend yield
Trailing 12-month yield.
1.50%1.07%
AUM
Assets under management — bigger funds are typically more liquid.
$23.01B$1.67T
YTD return
4.46%9.94%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.481.00
P/E ratio
24.2026.96
Last price
$97.70$690.84
Inception
Issuer
iSharesVanguard

USMV top holdings

Top holdings · USMV
APHAmphenol Corp Class A1.76%
JNJJohnson & Johnson1.55%
VRTXVertex Pharmaceuticals Inc1.54%
WELLWelltower Inc1.54%
CBChubb Ltd1.52%
CSCOCisco Systems Inc1.50%
SOSouthern Co1.48%
DUKDuke Energy Corp1.48%
BRK-BBerkshire Hathaway Inc Class B1.46%
WMWaste Management Inc1.38%
Sector breakdown · USMV
Real Estate2.6%
Consumer Cyclical5.8%
Basic Materials2.2%
Consumer Defensive9.3%
Technology33.0%
Communication Services5.7%
Financial Services11.8%
Utilities7.2%
Industrials6.4%
Energy2.6%
Healthcare13.4%

VOO top holdings

Top holdings · VOO
NVDANVIDIA Corp7.89%
AAPLApple Inc7.04%
MSFTMicrosoft Corp5.14%
AMZNAmazon.com Inc4.06%
GOOGLAlphabet Inc Class A3.40%
AVGOBroadcom Inc3.26%
GOOGAlphabet Inc Class C2.71%
METAMeta Platforms Inc Class A2.13%
TSLATesla Inc1.88%
MUMicron Technology Inc1.68%
Sector breakdown · VOO
Real Estate1.8%
Consumer Cyclical9.9%
Basic Materials1.7%
Consumer Defensive4.5%
Technology39.1%
Communication Services10.7%
Financial Services10.9%
Utilities2.1%
Industrials7.8%
Energy3.1%
Healthcare8.3%

About USMV

USMV (iShares MSCI USA Min Vol Factor ETF) is US stocks selected for lower volatility. Managed by iShares, the fund carries $23.0B in assets under management, an expense ratio of 0.15%, a dividend yield of 1.50%. Its largest holding is Amphenol Corp Class A (APH), which represents 1.8% of the portfolio. Real Estate is the fund's largest sector exposure at 2.6%.

About VOO

VOO (Vanguard S&P 500 ETF) is Tracks the S&P 500 index of 500 large US companies. Managed by Vanguard, the fund carries $1.7T in assets under management, an expense ratio of 0.03%, a dividend yield of 1.07%. Its largest holding is NVIDIA Corp (NVDA), which represents 7.9% of the portfolio. Real Estate is the fund's largest sector exposure at 1.8%.