ETF comparison
USMV vs VOO
Low Volatility Factor vs US Large Cap.
Holdings overlap
148 positions appear in both funds. Buying equal dollars of USMV and VOO would leave roughly 34.0% 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
VOO 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 VOO.
Top shared holdings
148 shared in total| # | Holding | In USMV | In VOO | Overlap |
|---|---|---|---|---|
| 1 | MICROSOFT CORPORATION | 1.62% | 4.30% | 1.62% |
| 2 | BERKSHIRE HATHAWAY INC. | 1.47% | 1.42% | 1.42% |
| 3 | NVIDIA CORPORATION | 1.32% | 7.51% | 1.32% |
| 4 | BROADCOM INC. | 1.02% | 2.77% | 1.02% |
| 5 | JOHNSON & JOHNSON | 1.54% | 0.95% | 0.95% |
| 6 | APPLE INC. | 0.90% | 6.59% | 0.90% |
| 7 | VISA INC. | 1.00% | 0.87% | 0.87% |
| 8 | ELI LILLY AND COMPANY | 0.78% | 1.47% | 0.78% |
| 9 | CISCO SYSTEMS, INC. | 1.46% | 0.72% | 0.72% |
| 10 | WALMART INC. | 0.71% | 0.77% | 0.71% |
| 11 | ABBVIE INC. | 0.72% | 0.69% | 0.69% |
| 12 | ADVANCED MICRO DEVICES, INC. | 0.69% | 1.47% | 0.69% |
Only in USMV
17 total- EXXONMOBIL HOLDINGS CORPORATION 1.39%
- WASTE CONNECTIONS, INC. 1.25%
- SNOWFLAKE INC. 0.51%
- LIBERTY MEDIA CORP - FORMULA ONE GROUP 0.50%
- ALNYLAM PHARMACEUTICALS, INC. 0.45%
- NEUROCRINE BIOSCIENCES, INC. 0.37%
- MercadoLibre, Inc. 0.36%
- FIRST CITIZENS BANCSHARES, INC. 0.34%
- CLOUDFLARE, INC. 0.28%
- ZOOM COMMUNICATIONS, INC. 0.24%
Only in VOO
356 total- Alphabet Inc 3.25%
- Tesla Inc 1.84%
- JPMorgan Chase & Co 1.26%
- Intel Corp 1.02%
- Exxon Mobil Corp 0.88%
- Lam Research Corp 0.84%
- Caterpillar Inc 0.76%
- KLA Corp 0.61%
- General Electric Co 0.60%
- Bank of America Corp 0.58%
Related comparisons
More comparisons with USMV
- USMV vs VIG · Vanguard Dividend Appreciation Index Fund ETF Shares 33.5%
- USMV vs SPLV · Invesco S&P 500 Low Volatility ETF 33.0%
- USMV vs VTI · Vanguard Morningstar Total Stock Market ETF 32.2%
- USMV vs ITOT · iShares Core S&P Total U.S. Stock Market ETF 32.0%
- USMV vs SCHB · Schwab U.S. Broad Market ETF 31.6%
- USMV vs VTV · Vanguard Morningstar Value ETF 31.1%
More comparisons with VOO
- VOO vs VYM · Vanguard High Dividend Yield Index Fund ETF Shares 33.5%
- VOO vs DFLV · Dimensional US Large Cap Value ETF 33.2%
- VOO vs DFUV · Dimensional US Marketwide Value ETF 33.1%
- VOO vs MTUM · iShares MSCI USA Momentum Factor ETF 29.9%
- VOO vs AVLV · Avantis US Large Cap Value ETF 28.5%
- VOO vs DIA · State Street SPDR Dow Jones Industrial Average ETF Trust 28.5%
Percentages are holdings overlap with the named fund.
Open USMV or VOO 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.