ILCVvsUSMVETF Comparison
VS
iShares Morningstar Value ETF (ILCV) belongs to the US Large Cap Value segment. iShares MSCI USA Min Vol Factor ETF (USMV) is part of the US Low Volatility segment. Both ETFs have the same top 3 sector exposures: Technology, Finance and Healthcare. ILCV is less expensive with a Total Expense Ratio (TER) of 0.04%, versus 0.15% for USMV. ILCV is up 17.01% year-to-date (YTD) with +$10M in YTD flows. USMV performs worse with 10.51% YTD performance, and -$776M in YTD flows. Run a side-by-side ETF comparison of ILCV and USMV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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ILCV vs USMV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 11/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | ILCV USMV | +3.17%+4.93% | +2.91%+5.23% | +17.01%+10.51% | +21.03%+12.69% | +79.68%+47.75% | +79.50%+43.58% |
| Flows | ILCV USMV | +$5M-$383M | -$176K-$724M | +$10M-$776M | +$23M-$776M | +$12M-$11.85B | +$59M-$11.96B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | ILCV USMV | +8.06%+8.19% | +9.85%+8.36% | +12.24%+10.01% | +14.23%+12.17% |
| Max drawdown | ILCV USMV | -3.43%-4.20% | -6.57%-6.41% | -15.16%-9.29% | -18.56%-17.91% |
| Max drawdown duration | ILCV USMV | 41d53d | 67d122d | 132d75d | 561d713d |
Trading data
ILCV | USMV | |
Last sale 11/3/2026 at 2:30 PM | $108.92 | $102.72 |
| Previous close 11/02/2026 | $109.24 | $103.06 |
| Consolidated volume 11/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 30, 2026
1-year trailing difference
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ILCV | USMV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 11/3/2026 at 2:30 PM
Live
Closed
ILCV | USMV | |
|---|---|---|
| Last price | $108.92 | $102.72 |
| 1D performance | -0.30% | -0.33% |
| AuM | $1.37 B | $24.11 B |
| E/R | 0.04% | 0.15% |
Characteristics
ILCV | USMV | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | iShares |
| Benchmark | Morningstar US Large-Mid Cap Broad Value Index | MSCI USA Minimum Volatility Index |
| N° of holdings | 367 | 174 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 28, 2004 | October 18, 2011 |
| ESG | No | No |
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Exposure
Countries
ILCV
USA
96.97%
Other
3.03%
USMV
USA
93.52%
Other
6.48%
Sectors
ILCV
Technology
31.81%
Finance
19.04%
Healthcare
12.82%
Consumer Non-Cycl.
10.93%
Other
25.39%
USMV
Technology
31.42%
Finance
14.51%
Healthcare
14.25%
Consumer Non-Cycl.
10.67%
Other
29.15%
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Diversification
ILCV
Total weight of top 15 holdings out of 15
42.27%
USMV
Total weight of top 15 holdings out of 15
22.15%
Top 15 holdings
Data as of September 30, 2026
ILCV
Microsoft Corp.
8.50%
Apple, Inc.
7.18%
Amazon.com, Inc.
3.27%
Meta Platforms, Inc.
3.01%
Berkshire Hathaway, Inc.
2.71%
JPMorgan Chase & Co.
2.60%
Alphabet, Inc.
2.57%
Alphabet, Inc.
2.07%
ExxonMobil Holdings Corp.
1.98%
Johnson & Johnson
1.89%
Micron Technology, Inc.
1.61%
AbbVie, Inc.
1.37%
Cisco Systems, Inc.
1.25%
Tesla, Inc.
1.13%
Chevron Corp.
1.13%
USMV
Amphenol Corp.
1.68%
Microsoft Corp.
1.65%
NVIDIA Corp.
1.63%
Welltower, Inc.
1.52%
Johnson & Johnson
1.51%
Merck & Co., Inc.
1.48%
ExxonMobil Holdings Corp.
1.48%
Berkshire Hathaway, Inc.
1.45%
Chubb Ltd.
1.45%
Motorola Solutions, Inc.
1.44%
Vertex Pharmaceuticals, Inc.
1.43%
Verizon Communications, Inc.
1.39%
Cisco Systems, Inc.
1.38%
McKesson Corp.
1.34%
Duke Energy Corp.
1.33%
Frequently asked questions about ILCV and USMV
How have the ILCV and USMV ETFs performed in 2026?
As of November 2, 2026, ILCV is up 17.01% year-to-date (YTD), while USMV has returned 10.51%. That puts ILCV better performer ahead so far this year.
Which ETF is attracting more investor money: ILCV or USMV?
Year-to-date, the ILCV ETF saw +$10M in flows, compared to -$776M for USMV.
Which ETF is more volatile: ILCV or USMV?
Over the past year, ILCV had a volatility of 9.85%, while USMV experienced 8.36%.
Which ETF is bigger: ILCV or USMV?
As of November 2, 2026, ILCV holds $1.37 B in assets under management (AUM), while USMV manages $24.11 B.
What sectors do the ILCV and USMV ETFs invest in?
ILCV leans toward sectors like Technology, Finance and Healthcare. Meanwhile, USMV focuses on Technology, Finance and Healthcare.
What are the top holdings of the ILCV ETF and USMV ETF?
ILCV top holdings include Microsoft Corp., Apple, Inc. and Amazon.com, Inc.. USMV holds in its top three: Amphenol Corp., Microsoft Corp. and NVIDIA Corp..
Which ETF is more diversified: ILCV or USMV?
ILCV holds 373 securities with 42.27% of its assets in the top 15. USMV has 174 securities and a top 15 weight of 22.15%.
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