ETF comparison

ACWV vs USMV

Both Low Volatility Factor.

iShares MSCI Global Min Vol Factor ETF · iShares MSCI USA Min Vol Factor ETF

Holdings overlap

Weighted by ISIN/CUSIP
53.3 %

123 positions appear in both funds. Buying equal dollars of ACWV and USMV would leave roughly 53.3% of each dollar exposed to the same underlying securities.

ACWV only 46.7% Shared 53.3% USMV only 46.5%
In ACWV only
258 positions
Shared
123 positions
In USMV only
47 positions

Side by side

ACWV

iShares MSCI Global Min Vol Factor ETF

iShares · Low Volatility Factor

83 composite / 100
Expense ratio
0.20%
Net assets
$3.24B
TTM yield
1.95%
Top-10 conc.
13.1%
USMV

iShares MSCI USA Min Vol Factor ETF

iShares · Low Volatility Factor

90 composite / 100
Expense ratio
0.15%
Net assets
$23.01B
TTM yield
1.50%
Top-10 conc.
15.6%

Sub-score comparison

80
Cost
85
84
Tax efficiency
85
79
Liquidity
100
96
Concentration
92
Tracking quality
ACWV sub-score USMV

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

USMV is 5 bps cheaper than ACWV. On a $100,000 position that's about $50/yr more in fees for ACWV.

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 ACWV vs USMV.

Top shared holdings

123 shared in total
# Holding In ACWV In USMV Overlap
1 Cisco Systems Inc 1.56% 1.80% 1.56%
2 Johnson & Johnson 1.76% 1.43% 1.43%
3 Motorola Solutions Inc 1.34% 1.45% 1.34%
4 McKesson Corp 1.40% 1.30% 1.30%
5 Cencora Inc 1.42% 1.28% 1.28%
6 Duke Energy Corp 1.25% 1.55% 1.25%
7 Southern Co/The 1.11% 1.53% 1.11%
8 McDonald's Corp 1.07% 1.24% 1.07%
9 Waste Management Inc 1.07% 1.47% 1.07%
10 Republic Services Inc 1.04% 1.26% 1.04%
11 T-Mobile US Inc 1.02% 1.16% 1.02%
12 PepsiCo Inc 1.01% 1.01% 1.01%

Only in ACWV

258 total
  • Deutsche Telekom AG 1.10%
  • Novartis AG 1.00%
  • Taiwan Semiconductor Manufacturing Co Ltd 1.00%
  • KDDI Corp 0.98%
  • Orange SA 0.83%
  • SoftBank Corp 0.82%
  • Bank of China Ltd 0.63%
  • Singapore Telecommunications Ltd 0.62%
  • NTT Inc 0.61%
  • Takeda Pharmaceutical Co Ltd 0.56%

Only in USMV

47 total
  • TEXAS INSTRUMENTS INCORPORATED 0.77%
  • REALTY INCOME CORPORATION 0.72%
  • SUN COMMUNITIES, INC. 0.54%
  • ADVANCED MICRO DEVICES, INC. 0.53%
  • ARISTA NETWORKS, INC. 0.52%
  • Philip Morris International Inc. 0.52%
  • BROADCOM INC. 0.50%
  • PALANTIR TECHNOLOGIES INC. 0.49%
  • THE WILLIAMS COMPANIES, INC. 0.49%
  • ANALOG DEVICES, INC. 0.43%

Open ACWV 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.