ESGU vs USMV: Holdings Overlap
ESGUiShares ESG Aware MSCI USA ETF
iShares · 287 holdings · $18.3B · as of 2026-05-31
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
Holdings snapshots are 31 days apart (ESGU: 2026-05-31, USMV: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ESGU and USMV?
iShares ESG Aware MSCI USA ETF (ESGU, by iShares) holds 287 positions; iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170. They have 110 holdings in common, and by portfolio weight the two funds are 30.0% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 30.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 110ESGU holds 287 · USMV holds 170
- Weight in Shared Holdings
- ESGU 64%·USMV 70%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ESGU
177 of 287 positions (35.3% of the fund) are not held by USMV. Showing the top 30 by weight.
Only in USMV
60 of 170 positions (29.6% of the fund) are not held by ESGU. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGU | USMV |
|---|---|---|
| Information Technology | 38.9% | 29.2% |
| Financials | 11.4% | 13.7% |
| Health Care | 8.5% | 12.7% |
| Consumer Staples | 4.1% | 9.9% |
| Communication Services | 9.8% | 5.9% |
| Other Sectors | 27.1% | 28.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts.
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGU | +3.3% | +14.3% | +23.8% | +20.9% | +12.2% | — | 0.90% |
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ESGU vs USMV →
Shared Holdings(110)
The top 10 shared positions account for 30% of the overlap, led by NVDA, MSFT and V.
 NVDANVIDIA Corp. COM | 7.77% | 1.63% | 1.63% |
|---|---|---|---|
 MSFTMicrosoft Corp. COM | 4.73% | 1.56% | 1.56% |
 VVisa, Inc., Class A | 0.95% | 0.94% | 0.94% |
 AAPLApple Inc. COM | 6.83% | 0.82% | 0.82% |
 CSCOCisco Systems, Inc. COM | 0.75% | 1.80% | 0.75% |
 XOMExxon Mobil Corp. COM | 0.69% | 1.60% | 0.69% |
 LLYEli Lilly & Co. COM | 1.33% | 0.66% | 0.66% |
 BRK-BBerkshire Hathaway, Inc., Class B | 0.63% | 1.41% | 0.63% |
 ABBVAbbVie Inc. COM | 0.65% | 0.63% | 0.63% |
 MAMasterCard Incorporated CL A | 0.63% | 1.15% | 0.63% |
 JNJJohnson & Johnson COM | 0.61% | 1.43% | 0.61% |
 PANWPalo Alto Networks Inc COM | 0.54% | 0.53% | 0.53% |
 AMDAdvanced Micro Devices Inc. COM | 1.33% | 0.53% | 0.53% |
 PGThe Procter & Gamble Co. COM | 0.52% | 1.10% | 0.52% |
 AVGOBroadcom Inc COM | 3.07% | 0.50% | 0.50% |
 IBMInternational Business Machines Corp. COM | 0.49% | 1.11% | 0.49% |
 KOCoca-Cola Co (The) COM | 0.48% | 1.19% | 0.48% |
 PLTRPalantir Technologies, Inc., Class A | 0.47% | 0.49% | 0.47% |
 GOOGAlphabet Inc. CAP STK CL C | 4.72% | 0.45% | 0.45% |
 TXNTexas Instruments Inc. COM | 0.45% | 0.77% | 0.45% |
 MRKMerck & Co., Inc COM | 0.44% | 1.17% | 0.44% |
 MUMicron Technology Inc. COM | 1.66% | 0.42% | 0.42% |
 ADIAnalog Devices Inc. COM | 0.39% | 0.43% | 0.39% |
 UNHUnitedHealth Group Inc. COM | 0.43% | 0.39% | 0.39% |
 PGRThe Progressive Corporation COM | 0.38% | 1.07% | 0.38% |
Frequently Asked Questions
How much do ESGU and USMV overlap?
ESGU and USMV overlap by 30.0% of portfolio weight. They share 110 holdings (ESGU holds 287 positions and USMV holds 170), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGU and USMV?
The two portfolios are 30.0% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ESGU and USMV?
The largest positions held by both funds are NVDA, MSFT, V, AAPL and CSCO. Together the top 10 shared positions account for 30% of the total overlap.
What does ESGU own that USMV doesn't?
177 positions (35.3% of ESGU) are unique to ESGU, led by TSLA, GOOGL and JPM. In the other direction, 60 positions (29.6% of USMV) are unique to USMV.