First-Year Review
Cambria Global EW ETF's largest holding is another fund, about 25 times an equal share
iShares ESG Optimized MSCI USA Min Vol Factor ETF
$31.68−0.05 (−0.14%)
- 0.18%
- $8M
- +12.0%
- 1.37%
- 0M sh
- $31.71
- low $27.68high $32.19
The ETF.net ESMV Grade
C
Score 49 out of 100
- 11 of 16
Score 49 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B60 out of 100Rank 7 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.B63 out of 100Rank 15 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 6 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.F7 out of 100Rank 16 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B55 out of 100Rank 9 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 13 of 16
Our read on ESMV
CMinimum volatility with an ESG conscience. ESMV runs MSCI's low-vol optimizer across US large and mid caps, then pushes the result toward better ESG characteristics and lower carbon than the parent index, for 0.18% a year.
The Fund seeks to track an index of U.S. large- and mid-capitalization equities designed to have lower volatility, reduced carbon exposure, and improved environmental, social, and governance characteristics relative to the parent index.
Why people hold it
- 0.18% a year, which undercuts what the typical US factor fund in its peer group charges.
- Two mandates in one ticker: MSCI's minimum volatility optimization plus ESG and reduced-carbon constraints measured against the MSCI USA parent index.ishares.com
- Roughly 160 US large and mid caps, chosen by published index rules rather than a manager's hunch, with cash paid out quarterly.
- Lands in the upper half of the US factor funds we grade, on the strength of its cheap fee and broad, diversified book.
Worth knowing
- One of the lighter-traded names in its factor cohort, so bid-ask spreads can run wider than at the category's household-name funds.
- Minimum volatility aims to dampen swings, not to prevent losses, and stacking an ESG and carbon screen on top pulls the portfolio further from plain US beta.
- Launched in 2021, so its live record covers a shorter stretch than the older min-vol funds it competes with.
ESMV Holdings
- Stocks
- 162
- 15%
- NOW
Geography
- United States93.81%
- Ireland2.48%
- Switzerland1.23%
- Uruguay1.22%
- United Kingdom0.63%
- Netherlands0.30%
- Bermuda0.22%
- Cayman Islands0.05%
- 0.05%
ESMV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
ESMV$11,201
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | ESMV |
|---|---|
| Year to date | +11.2% |
| 1 month | +1.9% |
| 3 months | +3.4% |
| 1 year | +12.0% |
| 3 years | +13.0% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ESMV |
|---|---|---|
| 2026 YTD | +11.2% | |
| 2025 | +5.3% | |
| 2024 | +13.0% | |
| 2023 | +12.2% | |
| 2022 | −11.1% | |
| 2021 | +3.2% |
ESMV in the news
ESMV Dividends
- 1.37%
- $0.44
- $0.11 per share
- Quarterly
Distribution history
ESMV Risk
- 10.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.73
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −19.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.61
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
ESMV Cost
0.18%
ESMV0.18%
- The middle half of US Low Volatility Index funds
- Median 0.20%
6 of the 16 US Low Volatility Index funds charge less.
Other funds in US Low Volatility Index
- CCFAVictoryShares US 500 Volatility Wtd ETFExpense ratio 0.39%1 year return +12.0%
- CCFOVictoryShares US 500 Enhanced Volatility Wtd ETFExpense ratio 0.39%1 year return +12.1%
- CXMLVInvesco S&P MidCap Low Volatility ETFExpense ratio 0.25%1 year return +6.2%
- CXSLVInvesco S&P SmallCap Low Volatility ETFExpense ratio 0.25%1 year return +12.3%
- CQQLVInvesco Exchange-Traded Fund Trust II - Invesco QQQ Low Volatility ETFExpense ratio 0.25%1 year return +2.8%