ETF comparison
IWF vs USMV
US Large Cap Growth vs Low Volatility Factor.
iShares Russell 1000 Growth ETF · iShares MSCI USA Min Vol Factor ETF
Holdings overlap
73 positions appear in both funds. Buying equal dollars of IWF and USMV would leave roughly 22.3% 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 IWF. On a $100,000 position that's about $30/yr more in fees for IWF.
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 IWF vs USMV.
Top shared holdings
73 shared in total| # | Holding | In IWF | In USMV | Overlap |
|---|---|---|---|---|
| 1 | MICROSOFT CORPORATION | 4.11% | 1.62% | 1.62% |
| 2 | NVIDIA CORPORATION | 13.83% | 1.32% | 1.32% |
| 3 | MASTERCARD INCORPORATED | 1.23% | 1.26% | 1.23% |
| 4 | BROADCOM INC. | 5.21% | 1.02% | 1.02% |
| 5 | VISA INC. | 1.68% | 1.00% | 1.00% |
| 6 | APPLE INC. | 6.72% | 0.90% | 0.90% |
| 7 | PALO ALTO NETWORKS, INC. | 0.81% | 0.95% | 0.81% |
| 8 | ELI LILLY AND COMPANY | 2.84% | 0.78% | 0.78% |
| 9 | PALANTIR TECHNOLOGIES INC. | 0.77% | 0.85% | 0.77% |
| 10 | TEXAS INSTRUMENTS INCORPORATED | 0.80% | 0.73% | 0.73% |
| 11 | ADVANCED MICRO DEVICES, INC. | 2.80% | 0.69% | 0.69% |
| 12 | APPLIED MATERIALS, INC. | 1.70% | 0.65% | 0.65% |
Only in IWF
295 total- ALPHABET INC. 6.17%
- TESLA, INC. 3.64%
- LAM RESEARCH CORPORATION 1.60%
- CATERPILLAR INC. 1.43%
- KLA CORPORATION 1.17%
- GENERAL ELECTRIC COMPANY 1.14%
- SANDISK CORPORATION 0.98%
- INTUITIVE SURGICAL, INC. 0.42%
- BOOKING HOLDINGS INC. 0.41%
- VERTIV HOLDINGS CO 0.38%
Only in USMV
92 total- WELLTOWER INC. 1.57%
- Chubb Limited 1.54%
- JOHNSON & JOHNSON 1.54%
- BERKSHIRE HATHAWAY INC. 1.47%
- CISCO SYSTEMS, INC. 1.46%
- VERTEX PHARMACEUTICALS INCORPORATED 1.46%
- DUKE ENERGY CORPORATION 1.45%
- THE SOUTHERN COMPANY 1.44%
- VERIZON COMMUNICATIONS INC. 1.40%
- EXXONMOBIL HOLDINGS CORPORATION 1.39%
Related comparisons
More comparisons with IWF
- IWF vs VONV · Vanguard Russell 1000 Value Index Fund ETF Shares 21.4%
- IWF vs AVLV · Avantis US Large Cap Value ETF 21.3%
- IWF vs SCHV · Schwab U.S. Large-Cap Value ETF 20.4%
- IWF vs DIA · State Street SPDR Dow Jones Industrial Average ETF Trust 20.4%
- IWF vs DGRO · iShares Core Dividend Growth ETF 20.2%
- IWF vs RSP · Invesco S&P 500 Equal Weight ETF 19.1%
More comparisons with USMV
- USMV vs VO · Vanguard Morningstar Mid-Cap ETF 17.8%
- USMV vs SCHD · Schwab U.S. Dividend Equity ETF 10.9%
- USMV vs VB · Vanguard Morningstar Small-Cap ETF 2.9%
- USMV vs IJH · iShares Core S&P Mid-Cap ETF 0.6%
- USMV vs EEMV · iShares MSCI Emerging Markets Min Vol Factor ETF 0.0%
- USMV vs EFAV · iShares MSCI EAFE Min Vol Factor ETF 0.0%
Percentages are holdings overlap with the named fund.
Open IWF 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.