ETF comparison
IWD vs USMV
US Value vs Low Volatility Factor.
iShares Russell 1000 Value ETF · iShares MSCI USA Min Vol Factor ETF
Holdings overlap
120 positions appear in both funds. Buying equal dollars of IWD and USMV would leave roughly 30.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
USMV is 3 bps cheaper than IWD. On a $100,000 position that's about $30/yr more in fees for IWD.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with IWD vs USMV.
Top shared holdings
120 shared in total| # | Holding | In IWD | In USMV | Overlap |
|---|---|---|---|---|
| 1 | MICROSOFT CORPORATION | 3.88% | 1.62% | 1.62% |
| 2 | JOHNSON & JOHNSON | 1.71% | 1.54% | 1.54% |
| 3 | BERKSHIRE HATHAWAY INC. | 2.61% | 1.47% | 1.47% |
| 4 | CISCO SYSTEMS, INC. | 1.30% | 1.46% | 1.30% |
| 5 | THE PROCTER & GAMBLE COMPANY | 0.96% | 1.04% | 0.96% |
| 6 | APPLE INC. | 5.37% | 0.90% | 0.90% |
| 7 | MERCK & CO., INC. | 0.89% | 1.35% | 0.89% |
| 8 | THE COCA-COLA COMPANY | 0.78% | 1.28% | 0.78% |
| 9 | INTERNATIONAL BUSINESS MACHINES CORPORATION | 0.74% | 1.03% | 0.74% |
| 10 | ABBVIE INC. | 1.15% | 0.72% | 0.72% |
| 11 | WALMART INC. | 1.27% | 0.71% | 0.71% |
| 12 | LINDE PUBLIC LIMITED COMPANY | 0.67% | 0.63% | 0.63% |
Only in IWD
750 total- JPMORGAN CHASE & CO. 2.45%
- INTEL CORPORATION 1.72%
- EXXON MOBIL CORPORATION 1.59%
- BANK OF AMERICA CORPORATION 0.98%
- THE GOLDMAN SACHS GROUP, INC. 0.82%
- WELLS FARGO & COMPANY 0.71%
- MORGAN STANLEY 0.66%
- CITIGROUP INC. 0.56%
- THERMO FISHER SCIENTIFIC INCORPORATED 0.52%
- THE WALT DISNEY COMPANY 0.48%
Only in USMV
45 total- AMPHENOL CORPORATION 1.58%
- EXXONMOBIL HOLDINGS CORPORATION 1.39%
- NVIDIA CORPORATION 1.32%
- MASTERCARD INCORPORATED 1.26%
- WASTE CONNECTIONS, INC. 1.25%
- CENCORA, INC. 1.25%
- BROADCOM INC. 1.02%
- VISA INC. 1.00%
- PALO ALTO NETWORKS, INC. 0.95%
- LOCKHEED MARTIN CORPORATION 0.86%
Related comparisons
More comparisons with IWD
- IWD vs SPYG · State Street SPDR Portfolio S&P 500 Growth ETF 30.0%
- IWD vs IVW · iShares S&P 500 Growth ETF 30.0%
- IWD vs AVLV · Avantis US Large Cap Value ETF 29.8%
- IWD vs VOOG · Vanguard S&P 500 Growth Index Fund ETF Shares 29.5%
- IWD vs FDVV · Fidelity High Dividend ETF 29.4%
- IWD vs IWR · iShares Russell Mid-Cap ETF 28.5%
More comparisons with USMV
- USMV vs VYM · Vanguard High Dividend Yield Index Fund ETF Shares 29.5%
- USMV vs QQQ · Invesco QQQ Trust 24.0%
- USMV vs VUG · Vanguard Morningstar Growth ETF 22.5%
- USMV vs IWF · iShares Russell 1000 Growth ETF 22.3%
- USMV vs VO · Vanguard Morningstar Mid-Cap ETF 17.8%
- USMV vs SCHD · Schwab U.S. Dividend Equity ETF 10.9%
Percentages are holdings overlap with the named fund.
Open IWD or USMV at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.