ETF comparison
USMV vs VO
Low Volatility Factor vs US Mid Cap.
iShares MSCI USA Min Vol Factor ETF · Vanguard Morningstar Mid-Cap ETF
Holdings overlap
61 positions appear in both funds. Buying equal dollars of USMV and VO would leave roughly 17.8% 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
VO is 12 bps cheaper than USMV. On a $100,000 position that's about $120/yr more in fees for USMV.
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 USMV vs VO.
Top shared holdings
61 shared in total| # | Holding | In USMV | In VO | Overlap |
|---|---|---|---|---|
| 1 | MOTOROLA SOLUTIONS, INC. | 1.39% | 0.67% | 0.67% |
| 2 | THE ALLSTATE CORPORATION | 0.59% | 0.59% | 0.59% |
| 3 | REALTY INCOME CORPORATION | 0.69% | 0.56% | 0.56% |
| 4 | TE CONNECTIVITY PUBLIC LIMITED COMPANY | 0.55% | 0.57% | 0.55% |
| 5 | AUTOZONE, INC. | 0.74% | 0.51% | 0.51% |
| 6 | CENCORA, INC. | 1.25% | 0.51% | 0.51% |
| 7 | ELECTRONIC ARTS INC. | 0.85% | 0.50% | 0.50% |
| 8 | Xcel Energy Inc. | 0.49% | 0.48% | 0.48% |
| 9 | NEWMONT CORPORATION | 1.21% | 0.48% | 0.48% |
| 10 | FORTINET, INC. | 0.80% | 0.46% | 0.46% |
| 11 | THE WILLIAMS COMPANIES, INC. | 0.44% | 0.44% | 0.44% |
| 12 | YUM! Brands, Inc. | 0.90% | 0.43% | 0.43% |
Only in USMV
104 total- MICROSOFT CORPORATION 1.62%
- AMPHENOL CORPORATION 1.58%
- 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%
Only in VO
221 total- Vertiv Holdings Co 1.22%
- Quanta Services Inc 1.04%
- Howmet Aerospace Inc 1.04%
- Cummins Inc 0.95%
- Bloom Energy Corp 0.79%
- Constellation Energy Corp 0.78%
- Robinhood Markets Inc 0.77%
- Valero Energy Corp 0.75%
- Coherent Corp 0.75%
- Royal Caribbean Cruises Ltd 0.74%
Related comparisons
More comparisons with USMV
- 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%
- USMV vs IJR · iShares Core S&P Small-Cap ETF 0.0%
More comparisons with VO
- VO vs VV · Vanguard Morningstar Large-Cap ETF 17.7%
- VO vs BBUS · JPMorgan BetaBuilders U.S. Equity ETF 17.5%
- VO vs COWZ · Pacer US Cash Cows 100 ETF 17.3%
- VO vs DUHP · DFA U.S. High Relative Profitability Portfolio – ETF Class Shares 17.2%
- VO vs SPHQ · Invesco S&P 500 Quality ETF 17.0%
- VO vs SCHX · Schwab U.S. Large-Cap ETF 16.5%
Percentages are holdings overlap with the named fund.
Open USMV or VO 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.