iShares MSCI USA Small-Cap Min Vol Factor ETF
$46.89−0.96 (−2.01%)
- 0.20%
- $285M
- +12.7%
- 1.57%
- 8.49K sh
- low $41.90high $47.99
The ETF.net SMMV Grade
B
Score 60 out of 100
- 7 of 16
Score 60 of 100 falls in the B 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.C50 out of 100Rank 8 of 16Mission
Whether the fund did what it promised, tested against its stated mandate.A95 out of 100Rank 2 of 16Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 7 of 16Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 14 of 16Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B68 out of 100Rank 5 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 9 of 16
Our read on SMMV
In short
BBlackRock's minimum-volatility playbook aimed at the jumpiest corner of the US market. Instead of picking the calmest stocks one by one, SMMV tracks an index that optimizes an entire small-cap portfolio for the lowest expected risk.
Stated mandate
The fund seeks to track a small-cap U.S. equity index designed around lower-volatility characteristics.
Why people hold it
Worth knowing
SMMV Holdings
- Stocks
- 358
- 12%
- PNW
Sectors
- Health Care17.2%
- Financials13.3%
- Industrials12.9%
- Real Estate10.4%
- Technology10.0%
- Consumer Staples8.5%
- Utilities7.9%
- Energy7.1%
- Consumer Discretionary5.4%
- Communication5.1%
- Materials2.2%
Geography
- United States98.97%
- Canada0.35%
- India0.34%
- Belgium0.34%
SMMV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
SMMV$11,274
Returns run to the Nov 5, 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 | SMMV |
|---|---|
| Year to date | +9.6% |
| 1 month | +4.3% |
| 3 months | −0.5% |
| 1 year | +12.7% |
| 3 years | +13.7% |
| 5 years | +5.4% |
| 10 years | +8.9% |
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 | SMMV |
|---|---|---|
| 2026 YTD | +9.6% | |
| 2025 | +6.4% | |
| 2024 | +18.3% | |
| 2023 | +5.1% | |
| 2022 | −10.0% | |
| 2021 | +16.6% | |
| 2020 | −2.9% |
SMMV in the news
SMMV Dividends
- 1.57%
- $0.74
- $0.18 per share
- Quarterly
SMMV Risk
- 11.6%
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.
- 0.88
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.
- −18.0%
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.
- 0.50
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
SMMV Cost
Overpaying vs QLV, cheapest in US Low Volatility Index
$2,466
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
SMMV 0.20%
$4,155
QLV 0.08% Cheapest
$1,689
Cost over time
Year by year
| Year | SMMV | QLV | Overpaying |
|---|---|---|---|
| 10 | $365 | $147 | $218 |
| 20 | $1,421 | $575 | $846 |
| 30 | $4,155 | $1,689 | $2,466 |
Other funds in US Low Volatility Index
- BONEVState Street SPDR Russell 1000 Low Volatility Focus ETFExpense ratio 0.20%1 year return +19.3%
- BFDLOFidelity Low Volatility Factor ETF Expense ratio 0.15%1 year return +14.9%
- BSPLVInvesco S&P 500 Low Volatility ETFExpense ratio 0.25%1 year return +12.1%
- BVFMVVanguard U.S. Minimum Volatility ETFExpense ratio 0.13%1 year return +14.8%
- CCFAVictoryShares US 500 Volatility Wtd ETFExpense ratio 0.35%1 year return +13.5%
