iShares MSCI USA Value Factor ETF
Tracks MSCI USA Value
The four numbers that price an ETF.
What the ETF actually owns.
From the most recent SEC N-PORT filing. The top-10 weight tells you how concentrated the fund is — broad-market trackers run 25-30%, single-theme funds often 50-70%.
| # | Holding | Weight | Value (USD) | Asset class |
|---|---|---|---|---|
| 1 | MICRON TECHNOLOGY, INC. | 10.51% | $1.01 B | EC |
| 2 | CISCO SYSTEMS, INC. | 5.17% | $498 M | EC |
| 3 | INTEL CORPORATION | 5.15% | $495 M | EC |
| 4 | GENERAL MOTORS COMPANY | 3.89% | $374 M | EC |
| 5 | APPLIED MATERIALS, INC. | 3.37% | $324 M | EC |
| 6 | AT&T INC. | 2.85% | $275 M | EC |
| 7 | VERIZON COMMUNICATIONS INC. | 2.77% | $267 M | EC |
| 8 | BANK OF AMERICA CORPORATION | 2.11% | $203 M | EC |
| 9 | CITIGROUP INC. | 1.98% | $190 M | EC |
| 10 | FORD MOTOR COMPANY | 1.93% | $186 M | EC |
| 11 | COMCAST CORPORATION | 1.86% | $179 M | EC |
| 12 | MERCK & CO., INC. | 1.78% | $172 M | EC |
| 13 | QUALCOMM INCORPORATED | 1.71% | $165 M | EC |
| 14 | PFIZER INC. | 1.66% | $160 M | EC |
| 15 | FEDEX CORPORATION | 1.52% | $146 M | EC |
| 16 | WELLS FARGO & COMPANY | 1.38% | $133 M | EC |
| 17 | THE WALT DISNEY COMPANY | 1.33% | $128 M | EC |
| 18 | WESTERN DIGITAL CORPORATION | 1.22% | $117 M | EC |
| 19 | CVS HEALTH CORPORATION | 1.11% | $107 M | EC |
| 20 | BRISTOL-MYERS SQUIBB COMPANY | 1.10% | $106 M | EC |
| 21 | HEWLETT PACKARD ENTERPRISE COMPANY | 1.09% | $105 M | EC |
| 22 | TE CONNECTIVITY PUBLIC LIMITED COMPANY | 1.09% | $105 M | EC |
| 23 | ACCENTURE PUBLIC LIMITED COMPANY | 1.08% | $104 M | EC |
| 24 | PACCAR INC | 1.05% | $101 M | EC |
| 25 | D.R. HORTON, INC. | 0.95% | $91 M | EC |
What we measure and what we leave out.
Data sources: SEC EDGAR N-PORT filings (holdings + filing-date timestamp); issuer fact sheets for expense ratio + AUM + inception; Yahoo Finance for daily NAV.
Expense ratio is the single biggest forward predictor of long-horizon performance. A 0.03% expense ratio compounds to a fundamentally different outcome than a 0.95% expense ratio over 25 years — even if the underlying index is identical.
Concentration risk lives in the top-10 weight. For broad-market trackers (VOO, VTI, SPY) the top-10 sits around 28-32%. For thematic funds — semiconductors, AI, cannabis — top-10 often crosses 60%. A "sector tilt" with 60% in 10 names is closer to active stock-picking than passive index exposure.
LRS + tax for Indian investors: US-listed ETFs are securities for Indian-tax purposes — held > 24 months = LTCG @ 12.5%, ≤ 24 months = slab-rate STCG. Distributions are dividends taxed at slab rates (US withholds 25%, creditable via DTAA). LRS USD 250,000 / FY cap applies to each remittance.
India-listed alternative: for S&P 500 / NASDAQ-100 exposure without LRS friction, see India-listed ETFs at /etfs/ (Motilal Oswal, Mirae, Nippon, etc. variants). Higher TER but no LRS hassle and INR-settled.
What this page does not model: tracking error vs underlying index, premium/discount to NAV, bid-ask spread on-exchange, currency-hedged variants (e.g. JPST-hedged), securities lending revenue (which subsidises some expense ratios).
ETF NAVs, tracking error and AUM are computed from AMFI disclosures. ETFs are subject to market risk and tracking-error risk. MintByte is an AMFI-registered mutual fund distributor (ARN-314872). MintByte does not issue buy/sell recommendations on specific securities — the site is an educational data and analytics platform. Not investment advice. Methodology · How we earn.