IUSV vs VLUE: Grades, Fees and Holdings Compared

iShares Core S&P U.S. Value ETF

IUSVANasdaq

iShares MSCI USA Value Factor ETF

VLUEBCboe

Overlap

21.5%by weight

Expense ratio

IUSV −0.11pt a year

IUSV0.04%VLUE0.15%

Avg volume · 30D

VLUE 1.3×the volume

IUSV575KVLUE756K

10Y return · a year

VLUE +2.3pt

IUSV+12.3%VLUE+14.6%

IUSV vs VLUE Performance

Oct 29, 2021 – Oct 30, 2026

+72.6%IUSV+114.7%VLUE

Expense ratio: IUSV 0.04%, better; VLUE 0.15%
Fund size: IUSV $28.5B; VLUE $9.43B
1Y total return: IUSV +16.6%; VLUE +51.8%, better
Yield (12M): IUSV 1.63%, better; VLUE 1.59%
Holdings: IUSV 734; VLUE 148
Avg volume (30D): IUSV 575K sh; VLUE 756K sh, better
NAV per share: IUSV $115.73; VLUE $194.45
52W range

ETF.net Grade

Pillar letters and Scores for IUSV, VLUE, with each pillar’s weight
Pillar	IUSV	VLUE
Cost30% weight	A96Higher	B67
Mission25% weight	A88Higher	D36
Risk15% weight	B64Higher	C49
Tradability15% weight	A82	A86Higher
Holdings10% weight	C48Higher	F23
Durability5% weight	A79Higher	A77

Rank among US Value Index funds

How we build Categories ›

Same Category. IUSV and VLUE 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 VLUE 24th 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 23BRPVInvesco S&P 500 Pure Value ETFScore 56
Rank 24BVLUEiShares MSCI USA Value Factor ETFScore 55
Rank 25CPRXVPraxis Impact Large Cap Value ETFScore 53

Our read on each fund

ETF.net Research

IUSVAiShares Core S&P U.S. Value ETF

VLUEBiShares MSCI USA 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.

VLUE Most value funds cast a wide net and call whatever's slightly cheap a bargain. VLUE follows MSCI's Enhanced Value index and narrows US stocks to about 150 of the cheapest-looking names, for 0.15% a year. A sharper, more concentrated take on value.

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.

VLUE The fund aims to follow an index selecting U.S. stocks with value characteristics, providing exposure to undervalued companies with potential for long-term growth.

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.

VLUE Deep screen, not a wide net: about 150 stocks picked by the MSCI USA Enhanced Value Index, so the value tilt actually shows up instead of getting diluted across half the market.ishares.com
0.15% a year, below the 0.18% median for its value-factor peer group. Modest toll for a rules-based screen rather than a plain cap-weighted slice.
A multi-billion-dollar fund that has been running since 2013, trades actively, and pays 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

VLUE Concentration cuts both ways. About 150 names means chunkier single-stock and sector positions than the broadest value funds carry.
Plain broad-market value costs less: VTV, IUSV and SCHV all charge under 0.06%.
This is a value tilt, not the whole market. The screen can keep it out of step with a standard US index for long stretches.

Full IUSV profile⁠

Full VLUE profile⁠

IUSV vs VLUE Holdings

How IUSV and VLUE differ

Overlap by weight

21.5%

Shared holdings make up 74.8% of VLUE and 21.5% of IUSV.

Level by level

Holdings131 in both21.5%
Sector11 Sectors72.7%
Countryby domicile98.9%
Asset classEquity100%

Sector

Sector weights in IUSV and VLUE, widest gap first
Sector	More in IUSVMore in VLUE	IUSV	VLUE
Technology	VLUE +20.8 points	20.2%	41.0%
Communication	VLUE +6.6 points	2.4%	9.0%
Energy	IUSV +4.6 points	8.2%	3.6%
Financials	IUSV +4.5 points	15.5%	11.0%
Consumer Staples	IUSV +4.3 points	8.8%	4.5%
Health Care	IUSV +4.2 points	12.8%	8.6%
Industrials	IUSV +3.0 points	11.2%	8.2%
Utilities	IUSV +2.2 points	4.0%	1.8%
Real Estate	IUSV +1.8 points	3.3%	1.5%
Materials	IUSV +1.7 points	3.5%	1.8%
Consumer Discretionary	IUSV +0.6 points	9.9%	9.3%

Country, concentration and asset class

Country by domicile

Country weights in IUSV and VLUE, widest gap first
Country	More in IUSVMore in VLUE	IUSV	VLUE
China	VLUE +0.6 points	0.1%	0.7%
Switzerland	IUSV +0.5 points	0.5%	0.0%
United States	IUSV +0.5 points	99.2%	98.7%
Other countries (5)	VLUE +0.4 points	0.2%	0.6%

Concentration

Weight in the 10 largest Holdings

IUSV23.0%
VLUE42.4%

Securities held

IUSV731
VLUE146

Asset class

IUSV: Equity
VLUE: Equity

Holdings

Only in IUSV600
In both131
Only in VLUE15

Only in IUSV

600 securities, 78.4% of IUSV by weight

Apple7.81%
Amazon.com Inc3.44%
Exxonmobil Holdings Corp2.39%
Walmart1.71%
Chevron1.44%
Costco Wholesale Corp1.39%
Tesla Inc1.33%
Procter & Gamble1.17%
Merck & Co Inc1.15%
UnitedHealth Group1.13%
Home Depot1.02%
Intel Corporation1.01%
Visa Class A0.98%
JPMorgan Chase & Co0.89%
AbbVie0.87%
Texas Instrument0.85%
Johnson & Johnson0.84%
Thermo Fisher Scientific0.80%
Linde PLC0.74%
Coca-Cola0.66%
Analog Devices0.63%
Pepsico0.58%
Conocophillips0.57%
Abbott Laboratories0.57%
Union Pacific0.56%
Nextera Energy0.54%
Mastercard Class A0.53%
Deere0.53%
BlackRock0.51%
Ge Aerospace0.47%
Danaher0.45%
Eaton PLC0.45%
Philip Morris International0.44%
Charles Schwab0.44%
Vertex Pharmaceuticals0.44%
Western Digital Corp0.41%
Palo Alto Networks0.41%
Altria Group Inc0.40%
Lockheed Martin0.40%
Chubb0.40%
Marathon Petroleum0.39%
Prologis Reit0.38%
Medtronic PLC0.37%
Starbucks Corp0.37%
Lowes Companies Inc0.36%
Automatic Data Processing Inc0.36%
International Business Machines Co0.36%
Mckesson Corp0.36%
Phillips 660.35%
Oracle0.34%

Only in VLUE

15 securities, 25.2% of VLUE by weight

Micron Technology20.21%
Expedia Group0.64%
Newmont0.63%
Carnival Corp Ltd0.59%
Strategy Inc Class A0.51%
Zoom Communications Class A0.40%
Twilio Class A0.34%
First Solar0.34%
Ss and C Technologies Holdings0.33%
Okta Class A0.32%
Royalty Pharma PLC Class A0.31%
Flex Ltd0.26%
United Therapeutics0.17%
First Citizens Bancshares Class A0.12%
Coeur Mining0.06%

Weight gaps

The 100 widest of 131 Holdings in both funds.

Holding weights in IUSV and VLUE, widest gap first
Holding	More in IUSVMore in VLUE	IUSV	VLUE
General MotorsGM	VLUE +3.65 points	0.24%	3.89%
Cisco Systems IncCSCO	VLUE +3.55 points	0.60%	4.15%
Verizon Communications IncVZ	VLUE +2.23 points	0.58%	2.81%
AT&TT	VLUE +1.86 points	0.46%	2.32%
Ford Motor CoF	VLUE +1.62 points	0.15%	1.77%
Hewlett Packard EnterpriseHPE	VLUE +1.56 points	0.23%	1.79%
Comcast Class ACMCSA	VLUE +1.44 points	0.26%	1.70%
PfizerPFE	VLUE +1.39 points	0.54%	1.93%
Walt DisneyDIS	VLUE +1.16 points	0.59%	1.75%
Dell Technologies Inc Class CDELL	VLUE +1.07 points	0.40%	1.47%
Fedex CorpFDX	VLUE +1.07 points	0.21%	1.28%
QualcommQCOM	VLUE +1.02 points	0.55%	1.57%
Accenture PLC Class AACN	VLUE +0.97 points	0.49%	1.46%
Cvs HealthCVS	VLUE +0.96 points	0.36%	1.32%
CitigroupC	VLUE +0.84 points	0.64%	1.48%
Archer Daniels MidlandADM	VLUE +0.81 points	0.12%	0.93%
United Parcel Service Inc Class BUPS	VLUE +0.80 points	0.25%	1.05%
D R HortonDHI	VLUE +0.78 points	0.12%	0.90%
United RentalsURI	VLUE +0.78 points	0.10%	0.88%
Bristol Myers SquibbBMY	VLUE +0.77 points	0.40%	1.17%
Bank of AmericaBAC	VLUE +0.76 points	1.01%	1.77%
CignaCI	VLUE +0.75 points	0.24%	0.99%
Kraft HeinzKHC	VLUE +0.68 points	0.07%	0.75%
Devon EnergyDVN	VLUE +0.68 points	0.18%	0.86%
SalesforceCRM	VLUE +0.65 points	0.58%	1.23%
Te Connectivity PLCTEL	VLUE +0.64 points	0.06%	0.70%
Paccar IncPCAR	VLUE +0.63 points	0.17%	0.80%
Target CorpTGT	VLUE +0.62 points	0.22%	0.84%
Eog ResourcesEOG	VLUE +0.62 points	0.27%	0.89%
PultegroupPHM	VLUE +0.58 points	0.07%	0.65%
KrogerKR	VLUE +0.53 points	0.12%	0.65%
Cognizant Technology Solutions ClaCTSH	VLUE +0.51 points	0.09%	0.60%
Valero Energy CorpVLO	VLUE +0.50 points	0.36%	0.86%
CsxCSX	VLUE +0.48 points	0.30%	0.78%
Capital One Financial CorpCOF	VLUE +0.46 points	0.39%	0.85%
Elevance Health IncELV	VLUE +0.46 points	0.28%	0.74%
Lennar A Class ALEN	VLUE +0.45 points	0.05%	0.50%
Centene CorpCNC	VLUE +0.45 points	0.10%	0.55%
Hp IncHPQ	VLUE +0.44 points	0.08%	0.52%
Wells FargoWFC	VLUE +0.42 points	0.78%	1.20%
Nxp Semiconductors NVNXPI	VLUE +0.41 points	0.20%	0.61%
Netapp IncNTAP	VLUE +0.38 points	0.12%	0.50%
L3HARRIS TechnologiesLHX	VLUE +0.38 points	0.16%	0.54%
Best BuyBBY	VLUE +0.36 points	0.06%	0.42%
Adobe IncADBE	VLUE +0.33 points	0.31%	0.64%
Tyson Foods Inc Class ATSN	VLUE +0.33 points	0.05%	0.38%
PG&E CorpPCG	VLUE +0.32 points	0.09%	0.41%
Simon Property Group Reit IncSPG	VLUE +0.31 points	0.13%	0.44%
Diamondback EnergyFANG	VLUE +0.32 points	0.13%	0.45%
Prudential Financial IncPRU	VLUE +0.31 points	0.12%	0.43%
BiogenBIIB	VLUE +0.29 points	0.12%	0.41%
Westinghouse Air Brake TechnologieWAB	VLUE +0.28 points	0.15%	0.43%
Roper TechnologiesROP	VLUE +0.28 points	0.14%	0.42%
On Semiconductor CorpON	VLUE +0.27 points	0.09%	0.36%
Bunge Global SABG	VLUE +0.27 points	0.05%	0.32%
Textron IncTXT	VLUE +0.25 points	0.05%	0.30%
Becton DickinsonBDX	VLUE +0.24 points	0.17%	0.41%
MetlifeMET	VLUE +0.24 points	0.17%	0.41%
Truist FinancialTFC	VLUE +0.24 points	0.19%	0.43%
Delta Air LinesDAL	VLUE +0.22 points	0.15%	0.37%
Gen DigitalGEN	VLUE +0.22 points	0.05%	0.27%
Us BancorpUSB	VLUE +0.21 points	0.29%	0.50%
American International GroupAIG	VLUE +0.22 points	0.13%	0.35%
Fedex Freight Holding Company IncFDXF	VLUE +0.21 points	0.05%	0.26%
Workday Class AWDAY	VLUE +0.20 points	0.07%	0.27%
Omnicom Group IncOMC	VLUE +0.19 points	0.07%	0.26%
Snap On IncSNA	VLUE +0.19 points	0.06%	0.25%
Leidos HoldingsLDOS	VLUE +0.18 points	0.06%	0.24%
Occidental Petroleum CorpOXY	VLUE +0.19 points	0.14%	0.33%
Edison InternationalEIX	VLUE +0.19 points	0.07%	0.26%
Dollar Tree IncDLTR	VLUE +0.19 points	0.08%	0.27%
Pnc Financial Services GroupPNC	VLUE +0.19 points	0.28%	0.47%
FortiveFTV	VLUE +0.19 points	0.06%	0.24%
Global Payments IncGPN	VLUE +0.17 points	0.07%	0.24%
Keurig Dr Pepper IncKDP	VLUE +0.17 points	0.15%	0.32%
Exelon CorpEXC	VLUE +0.17 points	0.15%	0.32%
F5FFIV	VLUE +0.16 points	0.06%	0.22%
Fox Class AFOXA	VLUE +0.16 points	0.01%	0.17%
Teledyne TechnologiesTDY	VLUE +0.15 points	0.10%	0.25%
Charter Communications Class ACHTR	VLUE +0.15 points	0.04%	0.19%
Zimmer Biomet HoldingsZBH	VLUE +0.13 points	0.06%	0.19%
Everest GroupEG	VLUE +0.13 points	0.05%	0.18%
Realty Income ReitO	VLUE +0.12 points	0.17%	0.29%
HumanaHUM	VLUE +0.13 points	0.15%	0.28%
W. P. Carey ReitWPC	VLUE +0.13 points	0.02%	0.15%
Consolidated EdisonED	VLUE +0.13 points	0.13%	0.26%
Eversource EnergyES	VLUE +0.12 points	0.08%	0.20%
Super Micro Computer IncSMCI	VLUE +0.12 points	0.06%	0.18%
Labcorp HoldingsLH	VLUE +0.12 points	0.09%	0.21%
Smurfit Westrock PLCSW	VLUE +0.11 points	0.07%	0.18%
United Airlines HoldingsUAL	VLUE +0.10 points	0.10%	0.21%
Fiserv IncFISV	VLUE +0.11 points	0.08%	0.19%
NucorNUE	VLUE +0.10 points	0.19%	0.29%
M&T BankMTB	VLUE +0.10 points	0.10%	0.20%
Dominion EnergyD	VLUE +0.10 points	0.18%	0.28%
Citizens Financial Group IncCFG	VLUE +0.10 points	0.08%	0.18%
Jb Hunt Transport ServicesJBHT	VLUE +0.10 points	0.05%	0.15%
Expand EnergyEXE	VLUE +0.10 points	0.06%	0.16%
Fox Class BFOX	VLUE +0.10 points	<0.01%	0.11%
Synchrony FinancialSYF	VLUE +0.09 points	0.08%	0.17%

All 732 IUSV holdings⁠All 146 VLUE 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 VLUE Cost

Overpaying VLUE vs IUSV

$2,288

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

IUSV 0.04%
$849
VLUE 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

IUSV 0.04%
VLUE 0.15%
Overpaying

Year by year

Year	IUSV	VLUE	Overpaying
10	$73	$274	$201
20	$288	$1,071	$783
30	$849	$3,137	$2,288

Expense ratio

0.04%IUSV, cheaper
0.15%VLUE

IUSV0.04%VLUE0.15%

0.03%0.80%

Middle half of US Value Index funds
Median 0.20%

IUSV 3rd cheapest of 40 funds

VLUE 13th cheapest of 40 funds

IUSV vs VLUE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IUSV 1.63%, better; VLUE 1.59%
Payout (12M): IUSV $1.89; VLUE $3.09
Last payment: IUSV $0.49; VLUE $0.95
Ex-dividend: IUSV Sep 15, 2026; VLUE Sep 15, 2026
Paid on: IUSV Sep 18, 2026; VLUE Sep 18, 2026
Frequency: IUSV Quarterly; VLUE Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

IUSVQuarterly · 39 paymentsAll IUSV payments⁠

VLUEQuarterly · 39 paymentsAll VLUE payments⁠

IUSV vs VLUE Risk

Fall from peak · 5 years

IUSV
VLUE

Risk facts

VolatilityStd dev, 3 years: IUSV 11.9%, betterVLUE 19.4%
Return per unit of riskSharpe ratio, 3 years: IUSV 1.15VLUE 1.37, better
Worst fallMax drawdown, 5 years: IUSV −17.9%, betterVLUE −27.1%
Market sensitivityBeta, 5 years: IUSV 0.85VLUE 1.09; Market = 1

IUSV and VLUE 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, 2026IUSVVLUE
Category Review
U.S. value funds beat the S&P 500 over the past year, but the funds did not move together
Updated Oct 21, 2026VLUE

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IUSV vs VLUE

In short

Stated mandate

Why people hold it

Worth knowing

How IUSV and VLUE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IUSV

Only in VLUE

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%

U.S. value funds beat the S&P 500 over the past year, but the funds did not move together

How IUSV and VLUE differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in IUSV

Only in VLUE

Weight gaps