ETF comparison
SPLV vs USMV
Both Low Volatility Factor.
Invesco S&P 500 Low Volatility ETF · iShares MSCI USA Min Vol Factor ETF
Holdings overlap
59 positions appear in both funds. Buying equal dollars of SPLV and USMV would leave roughly 37.8% of each dollar exposed to the same underlying securities.
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 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 the cost calculator pre-filled with SPLV vs USMV.
Top shared holdings
59 shared in total| # | Holding | In SPLV | In USMV | Overlap |
|---|---|---|---|---|
| 1 | Southern Co. (The) | 1.31% | 1.53% | 1.31% |
| 2 | Duke Energy Corp. | 1.27% | 1.55% | 1.27% |
| 3 | Coca-Cola Co. (The) | 1.17% | 1.19% | 1.17% |
| 4 | TJX Cos., Inc. (The) | 1.18% | 1.15% | 1.15% |
| 5 | McDonald's Corp. | 1.14% | 1.24% | 1.14% |
| 6 | Procter & Gamble Co. (The) | 1.11% | 1.10% | 1.10% |
| 7 | Berkshire Hathaway Inc. | 1.10% | 1.41% | 1.10% |
| 8 | Republic Services, Inc. | 1.09% | 1.26% | 1.09% |
| 9 | Johnson & Johnson | 1.08% | 1.43% | 1.08% |
| 10 | Waste Management, Inc. | 1.07% | 1.47% | 1.07% |
| 11 | Consolidated Edison, Inc. | 1.06% | 1.34% | 1.06% |
| 12 | Chubb Ltd. | 1.05% | 1.49% | 1.05% |
Only in SPLV
41 total- CenterPoint Energy, Inc. 1.30%
- Evergy, Inc. 1.29%
- Pinnacle West Capital Corp. 1.26%
- Exelon Corp. 1.24%
- VICI Properties Inc. 1.18%
- FirstEnergy Corp. 1.09%
- Regency Centers Corp. 1.08%
- NiSource Inc. 1.07%
- Public Service Enterprise Group Inc. 1.03%
- Entergy Corp. 1.02%
Only in USMV
111 total- CISCO SYSTEMS, INC. 1.80%
- NVIDIA CORPORATION 1.63%
- EXXON MOBIL CORPORATION 1.60%
- MICROSOFT CORPORATION 1.56%
- AMPHENOL CORPORATION 1.50%
- VERIZON COMMUNICATIONS INC. 1.49%
- VERTEX PHARMACEUTICALS INCORPORATED 1.36%
- WASTE CONNECTIONS, INC. 1.28%
- NEWMONT CORPORATION 1.18%
- MERCK & CO., INC. 1.17%
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 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.