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IMCV vs THLV

iShares Morningstar Mid-Cap Value ETF

IMCVANasdaq

THOR Equal Weight Low Volatility ETF

THLVDNYSE

Overlap

Expense ratio

IMCV −0.58pt a year

IMCV0.06%THLV0.64%

Avg volume · 30D

IMCV 5.0×the volume

IMCV38.9KTHLV7.7K

3Y return · a year

IMCV +10.5pt

IMCV+22.2%THLV+11.7%

IMCV vs THLV Performance

Oct 31, 2025 – Oct 30, 2026

+27.0%IMCV+6.9%THLV

Oct 31, 2025 to Oct 30, 2026. IMCV +27.0%. THLV +6.9%. Use the arrow keys to read each point.0%15%20%Oct 2025Apr 2026Oct 2026
Expense ratio
IMCV 0.06%, better
THLV 0.64%
Fund size
IMCV $1.27B
THLV $55M
1Y total return
IMCV +27.0%, better
THLV +6.9%
Yield (12M)
IMCV 1.84%, better
THLV 1.67%
Holdings
IMCV 271
THLV 4
Avg volume (30D)
IMCV 38.9K sh, better
THLV 7.7K sh
NAV per share
IMCV $99.16
THLV $31.62
52W range

ETF.net Grade

IMCV: Cost 96, Risk 77, Mission 76, Tradability 69, Holdings 69, Durability 77. THLV: Cost 10, Risk 61, Mission 64, Tradability 22, Holdings 19, Durability 29.
Pillar letters and Scores for IMCV, THLV, with each pillar’s weight
PillarIMCVTHLV
Cost30% weightA96HigherF10
Mission25% weightA76HigherB64
Risk15% weightA77HigherB61
Tradability15% weightB69HigherF22
Holdings10% weightB69HigherF19
Durability5% weightA77HigherD29

Rank among US Multifactor funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. IMCV and THLV are both graded against the same 99 US Multifactor funds, so their Grades compare head to head.

US Multifactor⁠

Category · 99 funds
See all 99 ›

IMCV ranks 4th and THLV 89th of 99 funds in the US Multifactor Category.

  1. Rank 1AVONVVanguard Russell 1000 Value ETFScore 85
  2. Rank 2AILCViShares Morningstar Value ETFScore 81
  3. Rank 2AVYMVanguard High Dividend Yield ETFScore 81
  4. Rank 4AIMCViShares Morningstar Mid-Cap Value ETFScore 80
  5. Rank 5ADCORU.S. Core Equity 1 Portfolio ETF Class SharesScore 79
  6. Rank 88DPSAIPacer S&P 500 3AI Top 100 ETFScore 37
  7. Rank 89DTHLVTHOR Equal Weight Low Volatility ETFScore 34
  8. Rank 90DSHRYFirst Trust Bloomberg Shareholder Yield ETFScore 33

Our read on each fund

ETF.net Research

IMCVAiShares Morningstar Mid-Cap Value ETF

THLVDTHOR Equal Weight Low Volatility ETF

In short

IMCV No data

THLV Most low-volatility funds screen individual stocks. THLV works a level up: it holds U.S. equity ETFs in equal weight and rotates them by rule, tilting toward calmer corners of the market.

Stated mandate

IMCV No data

THLV The Fund seeks results corresponding to the THOR Equal Weight Low Volatility Index. It invests at least 80% of assets in index securities, which are U.S. equity ETFs selected through a rules-based sector rotation process.

Why people hold it

IMCV No data

  • THLV A fund of funds by design. It owns U.S. equity ETFs rather than single names, so no one company can dominate the portfolio.
  • Rules all the way down: sector rotation follows THOR's own low-volatility and momentum index, not a manager's gut call.
  • Purely domestic, with at least 80% of assets in the index's U.S. equity ETFs. No currency layer to untangle.
  • Risk behavior is where it stands up best inside its multifactor peer group, which is the point of a low-vol mandate.

Worth knowing

IMCV No data

  • THLV Cost is the trade-off: 0.64% a year, well above what most funds in this multifactor group charge.
  • Thinly traded. Spreads can run wider than at heavily traded peers, and limit orders matter more here.
  • Launched in 2022 with a modest asset base, so the track record is shorter than most of its peer group's.

Full IMCV profile⁠

Full THLV profile⁠

IMCV vs THLV Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

IMCV vs THLV Cost

Overpaying THLV vs IMCV

$11,268

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • IMCV 0.06%

    $1,270

  • THLV 0.64%

    $12,538

$10,000
30 years

Cost over time

  • IMCV 0.06%
  • THLV 0.64%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530THLV $12,538IMCV $1,270

Year by year

YearIMCVTHLVOverpaying
10$110$1,145$1,035
20$432$4,375$3,943
30$1,270$12,538$11,268

Expense ratio

  • 0.06%IMCV, cheaper
  • 0.64%THLV
  • Middle half of US Multifactor funds
  • Median 0.29%

IMCV 4th cheapest of 99 funds

THLV 90th cheapest of 99 funds

IMCV vs THLV Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
IMCV 1.84%, better
THLV 1.67%
Payout (12M)
IMCV $1.83
THLV $0.53
Last payment
IMCV $0.52
THLV $0.53
Ex-dividend
IMCV Sep 15, 2026
THLV Dec 12, 2025
Paid on
IMCV Sep 18, 2026
THLV Dec 17, 2025
Frequency
IMCV Quarterly
THLV Annual

Distribution history

Per share, 2017 to 2026, same scale for both

IMCVQuarterly · 39 paymentsAll IMCV payments⁠
One bar per payment. 39 payments from 2017 to 2026 YTD. Mar 24, 2017 $0.22; Jun 27, 2017 $0.24; Sep 26, 2017 $0.26; Dec 19, 2017 $0.27; Mar 22, 2018 $0.27; Jun 26, 2018 $0.27; Sep 26, 2018 $0.31; Dec 17, 2018 $0.35; Mar 20, 2019 $0.30; Jun 17, 2019 $0.33; Sep 24, 2019 $0.34; Dec 16, 2019 $0.41; Mar 25, 2020 $0.49; Jun 15, 2020 $0.27; Sep 23, 2020 $0.33; Dec 14, 2020 $0.27; Mar 25, 2021 $0.31; Jun 10, 2021 $0.24; Sep 24, 2021 $0.36; Dec 13, 2021 $0.36; Mar 24, 2022 $0.33; Jun 9, 2022 $0.27; Sep 26, 2022 $0.42; Dec 13, 2022 $0.44; Mar 23, 2023 $0.37; Jun 7, 2023 $0.28; Sep 26, 2023 $0.44; Dec 20, 2023 $0.47; Mar 21, 2024 $0.33; Jun 11, 2024 $0.37; Sep 25, 2024 $0.55; Dec 17, 2024 $0.52; Mar 18, 2025 $0.44; Jun 16, 2025 $0.44; Sep 16, 2025 $0.42; Dec 16, 2025 $0.54; Mar 17, 2026 $0.35; Jun 15, 2026 $0.42; Sep 15, 2026 $0.52. Use the arrow keys to read each point.$0$0.502017202020232026YTD
THLVAnnual · 4 paymentsAll THLV payments⁠
One bar per payment. 4 payments from 2017 to 2026 YTD. Dec 15, 2022 $0.15; Dec 14, 2023 $0.69; Dec 12, 2024 $0.35; Dec 12, 2025 $0.53. Use the arrow keys to read each point.$0$0.502017202020232026YTD

IMCV vs THLV Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
IMCV 13.6%THLV 10.3%, better
Return per unit of riskSharpe ratio, 3 years
IMCV 1.22, betterTHLV 0.70
Worst fallMax drawdown, 5 years
IMCV −19.9%THLV −13.4%since Sep 2022
Market sensitivityBeta, 5 years
IMCV 0.88THLV 0.89

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