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DURA vs. USMV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

DURA vs. USMV

Last updated Jul 14, 2026
Documentation

DURA (VanEck Vectors Morningstar Durable Dividend ETF) and USMV (iShares MSCI USA Min Vol Factor ETF) are both Large Cap Blend Equities funds - DURA tracks the Morningstar US Dividend Valuation Index while USMV tracks the MSCI USA Minimum Volatility Index. Both are passively managed. Over the past 5 years, DURA returned 7.38%/yr vs 7.16%/yr for USMV. Their correlation of 0.82 suggests significant overlap in exposure. DURA charges 0.29%/yr vs 0.15%/yr for USMV.

Performance

DURA vs. USMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors Morningstar Durable Dividend ETF (DURA) and iShares MSCI USA Min Vol Factor ETF (USMV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, DURA achieves a 13.45% return, which is significantly higher than USMV's 4.64% return.

DURA

1D
0.29%
1M
-0.32%
6M
11.39%
YTD
13.45%
1Y
16.66%
3Y*
9.70%
5Y*
7.38%
10Y*
—

USMV

1D
0.06%
1M
2.16%
6M
3.87%
YTD
4.64%
1Y
7.10%
3Y*
11.43%
5Y*
7.16%
10Y*
9.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

DURA vs. USMV - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
DURA
VanEck Vectors Morningstar Durable Dividend ETF		13.45%7.61%8.51%0.82%2.41%15.53%0.04%27.55%-3.77%
USMV
iShares MSCI USA Min Vol Factor ETF		4.64%7.65%15.74%10.33%-9.43%20.85%5.64%27.69%-3.48%

Correlation

The correlation between DURA and USMV is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.61

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (5Y)
Calculated over the trailing 5-year period

0.80

Correlation (All Time)
Calculated using the full available price history since Oct 31, 2018

0.82

Over the past year, the correlation between DURA and USMV has dropped to 0.61 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.

DURA vs. USMV - Sectors Allocation Comparison

Sectors
DURA
USMV

Consumer Defensive

22.1%
9.4%

Healthcare

14.3%
12.6%

Energy

13.8%
2.7%

Technology

11.2%
33.9%

Financial Services

9.0%
11.7%

Communication Services

8.8%
6.2%

Utilities

6.6%
6.9%

Consumer Cyclical

6.3%
5.7%

Industrials

6.0%
6.1%

Basic Materials

1.9%
2.4%

Real Estate

-

2.5%

Consumer Defensive

DURA
22.1%
USMV
9.4%

Healthcare

DURA
14.3%
USMV
12.6%

Energy

DURA
13.8%
USMV
2.7%

Technology

DURA
11.2%
USMV
33.9%

Financial Services

DURA
9.0%
USMV
11.7%

Communication Services

DURA
8.8%
USMV
6.2%

Utilities

DURA
6.6%
USMV
6.9%

Consumer Cyclical

DURA
6.3%
USMV
5.7%

Industrials

DURA
6.0%
USMV
6.1%

Basic Materials

DURA
1.9%
USMV
2.4%

Real Estate

DURA

-

USMV
2.5%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

VanEck Vectors Morningstar Durable Dividend ETF

iShares MSCI USA Min Vol Factor ETF

Often compared with DURA:
DURA vs. SCHDDURA vs. SNPDDURA vs. JEPQDURA vs. VOODURA vs. SMHDURA vs. QQQDURA vs. FXAIX
Often compared with USMV:
USMV vs. SPLVUSMV vs. SPYUSMV vs. VOOUSMV vs. QUALUSMV vs. VFMVUSMV vs. ACWVUSMV vs. VTI

Return for Risk

DURA vs. USMV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
DURA
DURA Risk / Return Rank: 4747
Overall Rank
DURA Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
DURA Sortino Ratio Rank: 4242
Sortino Ratio Rank
DURA Omega Ratio Rank: 5050
Omega Ratio Rank
DURA Calmar Ratio Rank: 4949
Calmar Ratio Rank
DURA Martin Ratio Rank: 5656
Martin Ratio Rank
USMV
USMV Risk / Return Rank: 2828
Overall Rank
USMV Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
USMV Sortino Ratio Rank: 2626
Sortino Ratio Rank
USMV Omega Ratio Rank: 2525
Omega Ratio Rank
USMV Calmar Ratio Rank: 2828
Calmar Ratio Rank
USMV Martin Ratio Rank: 3131
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DURA vs. USMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Morningstar Durable Dividend ETF (DURA) and iShares MSCI USA Min Vol Factor ETF (USMV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

DURAUSMVDifference
Sharpe ratioReturn per unit of total volatility
1.13
0.84

+0.29

Sortino ratioReturn per unit of downside risk
1.74
1.23

+0.51

Omega ratioGain probability vs. loss probability

1.25

1.15

+0.11

Calmar ratioReturn relative to maximum drawdown

1.96

1.10

+0.86

Martin ratioReturn relative to average drawdown

7.68

3.61

+4.07

DURA vs. USMV - Sharpe Ratio Comparison

The current DURA Sharpe Ratio is 1.13, which is higher than the USMV Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of DURA and USMV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

DURA vs. USMV - Drawdown Comparison

The maximum DURA drawdown since its inception was -33.15%, roughly equal to the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for DURA and USMV.

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Drawdown Indicators

DURAUSMVDifference

Max Drawdown

Largest peak-to-trough decline

-33.15%

-33.10%

-0.05%

Max Drawdown (1Y)

Largest decline over 1 year

-8.53%

-6.46%

-2.07%

Max Drawdown (3Y)

Largest decline over 3 years

-14.27%

-9.36%

-4.91%

Max Drawdown (5Y)

Largest decline over 5 years

-15.80%

-17.93%

+2.13%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.10%

—

Current Drawdown

Current decline from peak

-1.71%

-0.54%

-1.17%

Average Drawdown

Average peak-to-trough decline

-3.90%

-2.87%

-1.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.18%

1.97%

+0.21%

Volatility

DURA vs. USMV - Volatility Comparison

VanEck Vectors Morningstar Durable Dividend ETF (DURA) has a higher volatility of 3.32% compared to iShares MSCI USA Min Vol Factor ETF (USMV) at 2.54%. This indicates that DURA's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

DURAUSMVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.32%

2.54%

+0.78%

Volatility (6M)

Calculated over the trailing 6-month period

7.87%

6.22%

+1.65%

Volatility (1Y)

Calculated over the trailing 1-year period

14.77%

8.48%

+6.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.64%

12.36%

+1.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.92%

14.49%

+2.43%

DURA vs. USMV - Expense Ratio Comparison

DURA has a 0.29% expense ratio, which is higher than USMV's 0.15% expense ratio.

Dividends

DURA vs. USMV - Dividend Comparison

DURA's dividend yield for the trailing twelve months is around 3.20%, more than USMV's 1.48% yield.

PositionTTM20252024202320222021202020192018201720162015
DURA
VanEck Vectors Morningstar Durable Dividend ETF		3.20%3.59%3.33%3.58%3.01%2.89%3.49%3.83%0.66%0.00%0.00%0.00%
USMV
iShares MSCI USA Min Vol Factor ETF		1.48%1.49%1.67%1.82%1.62%1.26%1.81%1.88%2.12%1.77%2.22%2.02%

Frequently Asked Questions

DURA and USMV have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

DURA has higher volatility (3.32%) compared to USMV (2.54%). In terms of maximum drawdown, DURA dropped -33.15% vs USMV's -33.10%.

On 5-year performance, DURA leads with 7.38% vs 7.16% for USMV. On fees, USMV is cheaper at 0.15% per year. On volatility, USMV has been the lower-risk option at 2.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, DURA has performed better with a 7.38% return vs 7.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

USMV is cheaper with a 0.15% expense ratio, compared with 0.29% for DURA.

DURA has the higher dividend yield at 3.20%, compared with 1.48% for USMV.

DURA tracks Morningstar US Dividend Valuation Index, while USMV tracks MSCI USA Minimum Volatility Index. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.29% for DURA and 0.15% for USMV.

DURA currently has the higher Sharpe Ratio (1.13 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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