USMV vs VNLA: Holdings Overlap
USMViShares MSCI USA Min Vol Factor ETF
iShares · 170 holdings · $24.1B · as of 2026-04-30
VNLAJanus Henderson Short Duration Income ETF
Janus Henderson · 314 holdings · $3.4B · as of 2026-04-30
How similar are USMV and VNLA?
iShares MSCI USA Min Vol Factor ETF (USMV, by iShares) holds 170 positions; Janus Henderson Short Duration Income ETF (VNLA, by Janus Henderson) holds 314. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0USMV holds 170 · VNLA holds 314
- Weight in Shared Holdings
- USMV 0%·VNLA 0%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 USMV
170 of 170 positions (99.7% of the fund) are not held by VNLA. Showing the top 30 by weight.
Only in VNLA
314 of 314 positions (89.8% of the fund) are not held by USMV. Showing the top 30 by weight.
- Morgan Stanley Bank NA1.36%
- Oracle Corp.1.02%
- Bank Australia Ltd.0.86%
- Atlas Warehouse Lending Co. LP0.81%
- Molex Electronic Technologies LLC0.79%
- Goldman Sachs Group, Inc. (The)0.78%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| USMV | +2.3% | +7.6% | +10.3% | +12.2% | +7.4% | +9.9% | 1.44% |
| VNLA | +0.4% | +2.2% | +4.4% | +5.5% | +3.9% | — | 4.74% |
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 USMV vs VNLA →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do USMV and VNLA overlap?
USMV and VNLA overlap by 0.0% of portfolio weight. They share 0 holdings (USMV holds 170 positions and VNLA holds 314), based on each fund's latest SEC-reported holdings.
Is it redundant to own both USMV and VNLA?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does USMV own that VNLA doesn't?
170 positions (99.7% of USMV) are unique to USMV, led by CSCO, NVDA and XOM. In the other direction, 314 positions (89.8% of VNLA) are unique to VNLA.