ETF comparison

SPLVvsUSMV

Both Low Volatility Factor.

Invesco S&P 500 Low Volatility ETF · iShares MSCI USA Min Vol Factor ETF

Holdings overlap

Weighted by ISIN/CUSIP
34.6%

52 positions appear in both funds. Buying equal dollars of SPLV and USMV would leave roughly34.6%of each dollar exposed to the same underlying securities.

SPLV only 65.2%Shared 34.6%USMV only 65.1%
In SPLV only
49 positions
Shared
52 positions
In USMV only
118 positions

Side by side

SPLV

Invesco S&P 500 Low Volatility ETF

Invesco · Low Volatility Factor

84composite / 100
Expense ratio
0.25%
Net assets
$7.09B
TTM yield
2.22%
Top-10 conc.
13.5%
USMV

iShares MSCI USA Min Vol Factor ETF

iShares · Low Volatility Factor

90composite / 100
Expense ratio
0.15%
Net assets
$24.23B
TTM yield
1.46%
Top-10 conc.
15.6%

Sub-score comparison

75
Cost
85
84
Tax efficiency
85
93
Liquidity
100
95
Concentration
92
Tracking quality
SPLVsub-scoreUSMV

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

USMV is 10 bps cheaper than SPLV. On a $100,000 position that's about $100/yr more in fees for SPLV.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with SPLV vs USMV.

Top shared holdings

52 shared in total
#HoldingIn SPLVIn USMVOverlap
1Berkshire Hathaway Inc.1.28%1.41%1.28%
2Duke Energy Corp.1.25%1.55%1.25%
3Coca-Cola Co. (The)1.18%1.19%1.18%
4McDonald's Corp.1.16%1.24%1.16%
5Southern Co. (The)1.16%1.53%1.16%
6Johnson & Johnson1.15%1.43%1.15%
7TJX Cos., Inc. (The)1.13%1.15%1.13%
8Republic Services, Inc.1.09%1.26%1.09%
9Consolidated Edison, Inc.1.08%1.34%1.08%
10Procter & Gamble Co. (The)1.07%1.10%1.07%
11Chubb Ltd.1.06%1.49%1.06%
12Travelers Cos., Inc. (The)1.01%1.09%1.01%

Only in SPLV

49 total
  • FirstEnergy Corp.1.34%
  • CenterPoint Energy, Inc.1.23%
  • Evergy, Inc.1.22%
  • Pinnacle West Capital Corp.1.19%
  • Regency Centers Corp.1.18%
  • VICI Properties Inc.1.18%
  • Aflac Inc.1.10%
  • Federal Realty Investment Trust1.09%
  • Exelon Corp.1.06%
  • Cintas Corp.1.05%

Only in USMV

118 total
  • CISCO SYSTEMS, INC.1.80%
  • NVIDIA CORPORATION1.63%
  • EXXON MOBIL CORPORATION1.60%
  • MICROSOFT CORPORATION1.56%
  • AMPHENOL CORPORATION1.50%
  • VERIZON COMMUNICATIONS INC.1.49%
  • VERTEX PHARMACEUTICALS INCORPORATED1.36%
  • MCKESSON CORPORATION1.30%
  • CENCORA, INC.1.28%
  • WASTE CONNECTIONS, INC.1.28%

Open SPLV 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 methodologyand 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.