iShares MSCI USA Min Vol Factor ETF
$98.75−0.16 (−0.16%)
- Expense ratio
- 0.15%
- Fund size
- $23.7B
- 1Y return
- +6.8%
- Yield · Last 12 months
- 1.43%
- Holdings
- 173
- Volume · 30D
- 2M sh
- NAV per share
- $99.03
- 52W range
The ETF.net USMV Grade
Score 73 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 70Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 85Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 81Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 56Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 87Category rank
Our read on USMV
AThe household name in low-volatility investing. Since 2011 USMV has tracked an MSCI index built around U.S. stocks with calmer price behavior, holding roughly 160 names for 0.15% a year.
The fund seeks to track an index targeting U.S. stocks with lower-volatility characteristics.
Why people hold it
- Costs 0.15% a year, below the typical fee in its low-volatility peer group.
- A multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
- Running since 2011 on a published MSCI rulebook, with one of the stronger implementations among U.S. low-vol funds.ishares.com
- Straightforward plumbing: index-tracked U.S. stocks, quarterly distributions, no derivatives layer to decode.
Worth knowing
- Not the cheapest ticket in the aisle. QLV and LGLV both undercut it on fee.
- "Minimum volatility" describes how the index picks and weights stocks, not a floor under losses. This is still a fully invested equity fund.
- Roughly 160 holdings is a far narrower slice than a total-market fund, so results can drift from the broad U.S. index in either direction.
USMV Holdings
- Stocks
- 173
- 15%
- NVDA
Sectors
- Technology32.8%
- Health Care14.1%
- Financials13.2%
- Cons. Staples9.3%
- Utilities6.5%
- Industrials5.8%
- Consumer Discr.5.4%
- Communication5.0%
- Energy3.9%
- Real Estate2.7%
- Materials1.4%
Geography
- United States93.99%
- Ireland1.82%
- Switzerland1.50%
- Canada1.16%
- United Kingdom0.97%
- Uruguay0.36%
- Cayman Islands0.14%
- Bermuda0.05%
USMV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | USMV |
|---|---|
| Year to date | +6.2% |
| 1 month | −2.0% |
| 3 months | +5.3% |
| 1 year | +6.8% |
| 3 years | +12.1% |
| 5 years | +7.4% |
| 10 years | +9.9% |
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 | USMV |
|---|---|---|
| 2026 YTD | +6.2% | |
| 2025 | +7.7% | |
| 2024 | +15.7% | |
| 2023 | +10.3% | |
| 2022 | −9.4% | |
| 2021 | +20.8% | |
| 2020 | +5.6% |
USMV in the news
ETF.net Research hasn’t filed on USMV yet — coverage lands here as it’s written.
USMV Dividends
- 1.43%
- $1.41
- $0.33 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 15, 2026 | Sep 18, 2026 | $0.33 |
| Jun 15, 2026 | Jun 18, 2026 | $0.30 |
| Mar 17, 2026 | Mar 20, 2026 | $0.39 |
| Dec 16, 2025 | Dec 19, 2025 | $0.39 |
| Sep 16, 2025 | Sep 19, 2025 | $0.36 |
| Jun 16, 2025 | Jun 20, 2025 | $0.33 |
| Mar 18, 2025 | Mar 21, 2025 | $0.32 |
| Dec 17, 2024 | Dec 20, 2024 | $0.42 |
| Sep 25, 2024 | Sep 30, 2024 | $0.41 |
| Jun 11, 2024 | Jun 17, 2024 | $0.30 |
| Mar 21, 2024 | Mar 27, 2024 | $0.36 |
| Dec 20, 2023 | Dec 27, 2023 | $0.43 |
USMV Risk
- 9.4%
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.
- 0.83
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.
- −17.9%
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.
- 0.48
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
USMV Cost
- The middle half of US Low Volatility Index funds
- Median 0.20%
4 of the 16 US Low Volatility Index funds charge less.