IUSV vs VFVA: Grades, Fees and Holdings Compared

iShares Core S&P U.S. Value ETF

IUSVANasdaq

Vanguard U.S. Value Factor ETF

VFVACCboe

Overlap

28.2%by weight

Expense ratio

IUSV −0.09pt a year

IUSV0.04%VFVA0.13%

Avg volume · 30D

IUSV 34.8×the volume

IUSV575KVFVA16.5K

5Y return · a year

VFVA +0.6pt

IUSV+11.5%VFVA+12.1%

IUSV vs VFVA Performance

Oct 29, 2021 – Oct 30, 2026

+72.6%IUSV+76.8%VFVA

Expense ratio: IUSV 0.04%, better; VFVA 0.13%
Fund size: IUSV $28.5B; VFVA $897M
1Y total return: IUSV +16.6%; VFVA +30.8%, better
Yield (12M): IUSV 1.63%; VFVA 1.77%, better
Holdings: IUSV 734; VFVA 692
Avg volume (30D): IUSV 575K sh, better; VFVA 16.5K sh
NAV per share: IUSV $115.73; VFVA $161.14
52W range

ETF.net Grade

Pillar letters and Scores for IUSV, VFVA, with each pillar’s weight
Pillar	IUSV	VFVA
Cost30% weight	A96Higher	A72
Mission25% weight	A88Higher	F22
Risk15% weight	B64Higher	C49
Tradability15% weight	A82Higher	D31
Holdings10% weight	C48	A79Higher
Durability5% weight	A79Higher	C50

Rank among US Value Index funds

How we build Categories ›

Same Category. IUSV and VFVA are both graded against the same 40 US Value Index funds, so their Grades compare head to head.

US Value Index⁠

Category · 40 funds

See all 40 ›

IUSV ranks 3rd and VFVA 28th of 40 funds in the US Value Index Category.

Rank 1ASCHVSchwab U.S. Large-Cap Value ETFScore 84
Rank 2AVTVVanguard Morningstar Value ETFScore 83
Rank 3AIUSViShares Core S&P U.S. Value ETFScore 81
Rank 4AIWDiShares Russell 1000 Value ETFScore 77
Rank 28CCOWZPacer US Cash Cows 100 ETFScore 49
Rank 28CVFVAVanguard U.S. Value Factor ETFScore 49
Rank 30CPWVInvesco Large Cap Value ETFScore 48

Our read on each fund

ETF.net Research

IUSVAiShares Core S&P U.S. Value ETF

VFVACVanguard U.S. Value Factor ETF

In short

IUSV A value fund with a wider net: it tracks the S&P 900 Value Index, which screens S&P 500 and MidCap 400 stocks on book value, earnings and sales versus price. Roughly 700 names, 0.04% a year, running since 2000.

VFVA Most value ETFs slice the cheap half off a large-cap index. VFVA scores the whole US market, large caps down to small, for stocks trading low against their fundamentals, then holds roughly 600 of them for 0.13% a year.

Stated mandate

IUSV The fund seeks to track the S&P 900 Value Index, which represents large- and mid-capitalization U.S. value equities. Value characteristics are identified using book value, earnings, and sales relative to price.

VFVA Seeks long-term capital appreciation by primarily investing in U.S. common stocks selected for relatively low valuations compared with fundamentals.

Why people hold it

IUSV Costs 0.04% a year, a fraction of the typical US value ETF, and level with the cheapest of its large peers like SCHV.
The index reaches past the S&P 500 into the S&P MidCap 400, so mid-cap value names come along. Large-cap-only rivals such as SCHV stop short of them.spindices.com
A 2000 vintage and now a multi-billion-dollar iShares Core holding: it trades actively, tracks its index closely, and pays quarterly.

VFVA The value screen runs across the full US market (its reference is the Russell 3000), so cheap small and mid caps sit beside the usual large-cap bargains.
0.13% a year, below the 0.18% median for US value factor funds.
Roughly 600 holdings, so no single name carries the thesis. Distributions land quarterly.

Worth knowing

IUSV S&P's style system splits the parent index by formula, and stocks with both value and growth traits can sit in each. This is the cheap half of the market, not a deep-value sleeve.spglobal.com spglobal.com 2
The screen is pure price ratios (book value, earnings, sales), with no profitability or quality filter, so cheap-for-a-reason names are part of the deal.spglobal.com
Holdings are float-market-cap weighted, so the biggest value names drive most of the movement.spglobal.com

VFVA It hunts cheap valuations rather than mirroring a value index, and the small and mid caps in the mix can swing harder than a large-cap-only value fund.
Cheap for a factor fund, not the cheapest thing on the value shelf: VTV charges 0.03% and SCHV 0.04% for plain large-cap value.
Trades lightly next to the giant value ETFs, so the spread is worth a look and limit orders earn their keep.

Full IUSV profile⁠

Full VFVA profile⁠

IUSV vs VFVA Holdings

How IUSV and VFVA differ

Overlap by weight

28.2%

Shared holdings make up 58.8% of VFVA and 43.8% of IUSV.

Level by level

Holdings284 in both28.2%
Sector11 Sectors78.6%
Countryby domicile99.2%
Asset classEquity100%

Sector

Sector weights in IUSV and VFVA, widest gap first
Sector	More in IUSVMore in VFVA	IUSV	VFVA
Financials	VFVA +10.9 points	15.5%	26.4%
Technology	IUSV +7.4 points	20.2%	12.8%
Industrials	IUSV +4.4 points	11.2%	6.8%
Utilities	IUSV +4.0 points	4.0%	0.0%
Consumer Discretionary	VFVA +3.8 points	9.9%	13.7%
Communication	VFVA +3.3 points	2.4%	5.7%
Health Care	VFVA +3.2 points	12.8%	16.0%
Real Estate	IUSV +2.9 points	3.3%	0.4%
Consumer Staples	IUSV +1.9 points	8.8%	6.9%
Materials	IUSV +0.8 points	3.5%	2.7%
Energy	VFVA +0.3 points	8.2%	8.5%

Country, concentration and asset class

Country by domicile

Country weights in IUSV and VFVA, widest gap first
Country	More in IUSVMore in VFVA	IUSV	VFVA
United States	VFVA +0.8 points	99.2%	100.0%
Switzerland	IUSV +0.5 points	0.5%	0.0%
Other countries (5)	IUSV +0.2 points	0.2%	0.0%

Concentration

Weight in the 10 largest Holdings

IUSV23.0%
VFVA7.5%

Securities held

IUSV731
VFVA690

Asset class

IUSV: Equity
VFVA: Equity

Holdings

Only in IUSV447
In both284
Only in VFVA406

Only in IUSV

447 securities, 56.0% of IUSV by weight

Apple7.81%
Walmart1.71%
Costco Wholesale Corp1.39%
Tesla Inc1.33%
Procter & Gamble1.17%
Home Depot1.02%
Intel Corporation1.01%
Visa Class A0.98%
Texas Instrument0.85%
Johnson & Johnson0.84%
Thermo Fisher Scientific0.80%
Linde PLC0.74%
Coca-Cola0.66%
Analog Devices0.63%
Cisco Systems Inc0.60%
Union Pacific0.56%
Nextera Energy0.54%
Mastercard Class A0.53%
Deere0.53%
Ge Aerospace0.47%
Eaton PLC0.45%
Philip Morris International0.44%
Vertex Pharmaceuticals0.44%
Western Digital Corp0.41%
Palo Alto Networks0.41%
Lockheed Martin0.40%
Dell Technologies Inc Class C0.40%
Prologis Reit0.38%
Starbucks Corp0.37%
Automatic Data Processing Inc0.36%
Southern0.33%
Mcdonalds Corp0.32%
Equinix Reit0.31%
Duke Energy Corp0.31%
Csx0.30%
Emerson Electric0.29%
Goldman Sachs Group0.28%
Marvell Technology0.28%
Williams0.28%
3M0.28%
Freeport Mcmoran Inc0.28%
Synopsys0.28%
Blackstone0.28%
American Tower Reit0.27%
Waste Management Inc0.27%
Moderna0.26%
Motorola Solutions Inc0.25%
S&P Global0.25%
Norfolk Southern Corp0.24%
Ecolab0.24%

Only in VFVA

406 securities, 41.0% of VFVA by weight

HCA Healthcare Inc0.58%
Newmont Corp0.56%
Booking Holdings Inc0.45%
Jackson Financial Inc0.41%
Celanese Corp0.28%
Meta Platforms Inc0.28%
Uber Technologies Inc0.27%
Berkshire Hathaway Inc0.27%
PagerDuty Inc0.27%
CarMax Inc0.26%
Mohawk Industries Inc0.25%
Royal Caribbean Cruises Ltd0.24%
ManpowerGroup Inc0.24%
LKQ Corp0.23%
First Financial Bancorp0.23%
Conagra Brands Inc0.22%
Builders FirstSource Inc0.22%
Carnival Corp Ltd0.22%
Sprout Social Inc0.22%
ADT Inc0.21%
ICF International Inc0.21%
DXC Technology Co0.21%
Koppers Holdings Inc0.21%
Perrigo Co PLC0.21%
Herbalife Ltd0.21%
S&T Bancorp Inc0.21%
Liberty Capital Corp0.20%
Match Group Inc0.20%
Eastman Chemical Co0.20%
ZoomInfo Technologies Inc0.20%
Helen of Troy Ltd0.20%
Caleres Inc0.20%
Capri Holdings Ltd0.20%
Dropbox Inc0.19%
Axis Capital Holdings Ltd0.19%
Ingles Markets Inc0.19%
Asbury Automotive Group Inc0.19%
Kelly Services Inc0.19%
XP Inc0.19%
Coty Inc0.18%
Travel + Leisure Co0.18%
Amentum Holdings Inc0.18%
Jbs NV0.18%
Newell Brands Inc0.18%
Janus International Group Inc0.18%
Signet Jewelers Ltd0.18%
Embecta Corp0.18%
Ingram Micro Holding Corp0.17%
American Eagle Outfitters Inc0.17%
Everforth Inc0.17%

Weight gaps

The 100 widest of 284 Holdings in both funds.

Holding weights in IUSV and VFVA, widest gap first
Holding	More in IUSVMore in VFVA	IUSV	VFVA
Amazon.com IncAMZN	IUSV +3.38 points	3.44%	0.06%
Exxonmobil Holdings CorpXOM	IUSV +2.08 points	2.39%	0.31%
ChevronCVX	IUSV +0.87 points	1.44%	0.57%
UnitedHealth GroupUNH	IUSV +0.81 points	1.13%	0.32%
Bank of AmericaBAC	IUSV +0.77 points	1.01%	0.24%
JPMorgan Chase & CoJPM	IUSV +0.75 points	0.89%	0.14%
Merck & Co IncMRK	IUSV +0.64 points	1.15%	0.51%
Boston ScientificBSX	VFVA +0.57 points	0.06%	0.63%
Eog ResourcesEOG	VFVA +0.54 points	0.27%	0.81%
AbbVieABBV	IUSV +0.52 points	0.87%	0.35%
CignaCI	VFVA +0.51 points	0.24%	0.75%
BlackRockBLK	IUSV +0.49 points	0.51%	0.02%
General MotorsGM	VFVA +0.46 points	0.24%	0.70%
Bristol Myers SquibbBMY	VFVA +0.46 points	0.40%	0.86%
QualcommQCOM	IUSV +0.42 points	0.55%	0.13%
Crh Public Limited PLCCRH	VFVA +0.41 points	0.19%	0.60%
Truist FinancialTFC	VFVA +0.41 points	0.19%	0.60%
Us BancorpUSB	VFVA +0.37 points	0.29%	0.66%
Wells FargoWFC	IUSV +0.34 points	0.78%	0.44%
Elevance Health IncELV	VFVA +0.35 points	0.28%	0.63%
IntuitINTU	VFVA +0.34 points	0.13%	0.47%
Charles SchwabSCHW	IUSV +0.33 points	0.44%	0.11%
Regeneron PharmaceuticalsREGN	VFVA +0.33 points	0.28%	0.61%
Fedex CorpFDX	VFVA +0.33 points	0.21%	0.54%
Marathon PetroleumMPC	VFVA +0.32 points	0.39%	0.71%
AT&TT	VFVA +0.30 points	0.46%	0.76%
Comcast Class ACMCSA	VFVA +0.29 points	0.26%	0.55%
DanaherDHR	IUSV +0.29 points	0.45%	0.16%
GapGAP	VFVA +0.29 points	0.02%	0.31%
Kkr and Co IncKKR	VFVA +0.28 points	0.09%	0.37%
PepsicoPEP	IUSV +0.28 points	0.58%	0.30%
PfizerPFE	VFVA +0.28 points	0.54%	0.82%
BorgwarnerBWA	VFVA +0.28 points	0.03%	0.31%
Nike Class BNKE	VFVA +0.28 points	0.14%	0.42%
Vf CorpVFC	VFVA +0.27 points	0.02%	0.29%
LearLEA	VFVA +0.26 points	0.02%	0.28%
CitigroupC	IUSV +0.26 points	0.64%	0.38%
DocusignDOCU	VFVA +0.26 points	0.02%	0.28%
Arrow ElectronicsARW	VFVA +0.26 points	0.03%	0.29%
Alaska Air Group IncALK	VFVA +0.26 points	0.01%	0.27%
American Airlines GroupAAL	VFVA +0.25 points	0.03%	0.28%
AvnetAVT	VFVA +0.25 points	0.02%	0.27%
Cvs HealthCVS	VFVA +0.25 points	0.36%	0.61%
Columbia Banking System IncCOLB	VFVA +0.24 points	0.03%	0.27%
Aptiv PLCAPTV	VFVA +0.23 points	0.03%	0.26%
AgcoAGCO	VFVA +0.23 points	0.02%	0.25%
ViatrisVTRS	VFVA +0.23 points	0.07%	0.30%
MarshMRSH	IUSV +0.23 points	0.30%	0.07%
T Mobile Us IncTMUS	VFVA +0.23 points	0.23%	0.46%
Travelers CompaniesTRV	VFVA +0.22 points	0.26%	0.48%
Morgan StanleyMS	IUSV +0.22 points	0.27%	0.05%
AutozoneAZO	VFVA +0.21 points	0.06%	0.27%
OvintivOVV	VFVA +0.22 points	0.06%	0.28%
Bank of New York Mellon CorpBNY	VFVA +0.21 points	0.12%	0.33%
AvantorAVTR	VFVA +0.22 points	0.03%	0.24%
Kyndryl HoldingsKD	VFVA +0.21 points	<0.01%	0.22%
MacysM	VFVA +0.21 points	0.02%	0.23%
Southwest AirlinesLUV	VFVA +0.21 points	0.06%	0.27%
Northrop Grumman CorpNOC	IUSV +0.20 points	0.23%	0.03%
Becton DickinsonBDX	VFVA +0.20 points	0.17%	0.37%
Fnb CorpFNB	VFVA +0.20 points	0.02%	0.22%
Mattel IncMAT	VFVA +0.20 points	<0.01%	0.21%
Graphic Packaging HoldingGPK	VFVA +0.20 points	<0.01%	0.21%
Pinterest Class APINS	VFVA +0.20 points	<0.01%	0.21%
AutonationAN	VFVA +0.20 points	0.01%	0.21%
Lululemon AthleticaLULU	VFVA +0.20 points	0.03%	0.23%
United Airlines HoldingsUAL	VFVA +0.19 points	0.10%	0.30%
Nexstar Media Group IncNXST	VFVA +0.19 points	<0.01%	0.20%
Hp IncHPQ	VFVA +0.19 points	0.08%	0.27%
Intercontinental Exchange IncICE	IUSV +0.19 points	0.29%	0.10%
Ingredion IncINGR	VFVA +0.19 points	0.02%	0.21%
Medtronic PLCMDT	VFVA +0.19 points	0.37%	0.56%
Ally Financial IncALLY	VFVA +0.19 points	0.03%	0.22%
Kinder MorganKMI	VFVA +0.18 points	0.21%	0.39%
MetlifeMET	VFVA +0.18 points	0.17%	0.35%
Best BuyBBY	VFVA +0.18 points	0.06%	0.24%
Commercial MetalsCMC	VFVA +0.19 points	0.02%	0.21%
NovNOV	VFVA +0.18 points	0.02%	0.20%
Western AllianceWAL	VFVA +0.18 points	0.02%	0.20%
Valley NationalVLY	VFVA +0.18 points	0.02%	0.20%
Matador ResourcesMTDR	VFVA +0.18 points	0.02%	0.20%
American International GroupAIG	VFVA +0.18 points	0.13%	0.31%
SlbSLB	IUSV +0.18 points	0.25%	0.07%
Invesco LtdIVZ	VFVA +0.17 points	0.04%	0.21%
Sensata Technologies Holding PLCST	VFVA +0.17 points	0.02%	0.19%
Apollo Global ManagementAPO	VFVA +0.18 points	0.08%	0.26%
Verizon Communications IncVZ	VFVA +0.17 points	0.58%	0.75%
Universal Health Services Class BUHS	VFVA +0.17 points	0.03%	0.20%
MaximusMMS	VFVA +0.17 points	<0.01%	0.18%
Pilgrims Pride CorpPPC	VFVA +0.18 points	<0.01%	0.18%
Bank OzkOZK	VFVA +0.17 points	0.02%	0.19%
Davita IncDVA	VFVA +0.17 points	0.02%	0.19%
Renaissancere HoldingRNR	VFVA +0.17 points	0.02%	0.19%
AflacAFL	VFVA +0.17 points	0.17%	0.34%
Genuine PartsGPC	VFVA +0.17 points	0.05%	0.22%
Allstate CorpALL	IUSV +0.16 points	0.20%	0.04%
Franklin TempletonBEN	VFVA +0.16 points	0.03%	0.19%
Cognizant Technology Solutions ClaCTSH	VFVA +0.16 points	0.09%	0.25%
H&R Block IncHRB	VFVA +0.16 points	<0.01%	0.17%
Capital One Financial CorpCOF	VFVA +0.16 points	0.39%	0.55%

All 732 IUSV holdings⁠All 637 VFVA holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IUSV vs VFVA Cost

Overpaying VFVA vs IUSV

$1,877

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

IUSV 0.04%
$849
VFVA 0.13%
$2,726

Amount$10,000

Years30 years

Cost over time

IUSV 0.04%
VFVA 0.13%
Overpaying

Year by year

Year	IUSV	VFVA	Overpaying
10	$73	$238	$165
20	$288	$930	$642
30	$849	$2,726	$1,877

Expense ratio

0.04%IUSV, cheaper
0.13%VFVA

IUSV0.04%VFVA0.13%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

IUSV 3rd cheapest of 40 funds

VFVA 12th cheapest of 40 funds

IUSV vs VFVA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IUSV 1.63%; VFVA 1.77%, better
Payout (12M): IUSV $1.89; VFVA $2.85
Last payment: IUSV $0.49; VFVA $0.68
Ex-dividend: IUSV Sep 15, 2026; VFVA Sep 23, 2026
Paid on: IUSV Sep 18, 2026; VFVA Sep 25, 2026
Frequency: IUSV Quarterly; VFVA Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IUSVQuarterly · 39 paymentsAll IUSV payments⁠

VFVAQuarterly · 34 paymentsAll VFVA payments⁠

IUSV vs VFVA Risk

Fall from peak · 5 years

IUSV
VFVA

Risk facts

VolatilityStd dev, 3 years: IUSV 11.9%, betterVFVA 16.5%
Return per unit of riskSharpe ratio, 3 years: IUSV 1.15, betterVFVA 1.02
Worst fallMax drawdown, 5 years: IUSV −17.9%, betterVFVA −24.1%
Market sensitivityBeta, 5 years: IUSV 0.85VFVA 0.96; Market = 1

IUSV and VFVA in the news

All news⁠

Category Review
One US value fund returned 68% with Micron at 22.5%. The median returned 22%
Updated Sep 23, 2026IUSV

Popular comparisons

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IUSV vs VFVA

In short

Stated mandate

Why people hold it

Worth knowing

How IUSV and VFVA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IUSV

Only in VFVA

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

One US value fund returned 68% with Micron at 22.5%. The median returned 22%

How IUSV and VFVA differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IUSV

Only in VFVA

Weight gaps