USMV — iShares MSCI USA Min Vol Factor ETF
US Quality / Factor Ranked #73 of 120 tracked ETFs · Issued by iShares
Overview
The iShares MSCI USA Min Vol Factor ETF (USMV) operates within the US Quality / Factor category, which currently contains five ETFs tracked by ETFValuer. Issued by iShares, this fund has accumulated assets under management of $23.0 billion and trades at a price of $97.65. It holds an overall rank of #73 out of 120 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 58.9 out of 100. The fund charges an expense ratio of 0.15% while offering a dividend yield of 1.50%. The substantial asset size and trading price suggest significant investor adoption relative to the small number of peers in its specific category. This combination of metrics positions the fund as a widely held option within its niche despite its mid-tier overall ranking.
Over the most recent trading day, the fund posted a return of -0.71%, followed by a weekly gain of +1.23%. Monthly performance shows a +2.42% return, which accelerates to +5.09% over the three-month period. The six-month return stands at +4.64%, while year-to-date gains are recorded at +5.03%. Annual returns have reached +5.66%, and the three-year return totals +38.04%. This trajectory indicates a pattern where short-term fluctuations have given way to stronger cumulative gains over the longer three-year horizon.
USMV carries a volatility label of Low and a beta of 0.48, indicating that the fund generally experiences less price movement than the broader market. The Sharpe ratio of 0.08 suggests that the risk-adjusted returns have been relatively modest relative to the volatility incurred. During market downturns, the fund experienced a maximum drawdown of -9.36%. This combination of a low beta and a defined maximum drawdown implies a defensive behavior that limits downside severity compared to higher-volatility assets, even as the low Sharpe ratio reflects the trade-off of potentially lower upside capture in rising markets.
AI-generated summary based on the data on this page.
USMV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | CISCO SYSTEMS, INC. | 1.80% | $412M |
| 2 | NVIDIA CORPORATION | 1.63% | $374M |
| 3 | EXXON MOBIL CORPORATION | 1.60% | $366M |
| 4 | MICROSOFT CORPORATION | 1.56% | $356M |
| 5 | DUKE ENERGY CORPORATION | 1.55% | $354M |
| 6 | THE SOUTHERN COMPANY | 1.53% | $350M |
| 7 | AMPHENOL CORPORATION | 1.50% | $343M |
| 8 | Chubb Limited | 1.49% | $341M |
| 9 | VERIZON COMMUNICATIONS INC. | 1.49% | $340M |
| 10 | WASTE MANAGEMENT, INC. | 1.47% | $337M |
Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing.
Market Backdrop
10-Year Treasury Yield: 4.55% (as of 2026-07-07) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 16.13 (as of 2026-07-07) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
USMV Performance History
| Period | Return |
|---|---|
| 1-Day | -0.71% |
| 1-Week | +1.23% |
| 1-Month | +2.42% |
| 3-Month | +5.09% |
| 6-Month | +4.64% |
| YTD | +5.03% |
| 1-Year | +5.66% |
| 3-Year | +38.04% |
How USMV Compares to Other US Quality / Factor ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #5 | B+ |
VLUE | iShares MSCI USA Value Factor ETF | +70.58% | 0.15% | $10.6B |
| #35 | B |
MTUM | iShares MSCI USA Momentum Factor ETF | +32.91% | 0.15% | $29.0B |
| #45 | B |
QUAL | iShares MSCI USA Quality Factor ETF | +19.27% | 0.15% | $45.9B |
| #73 | C |
USMV | iShares MSCI USA Min Vol Factor ETF | +5.66% | 0.15% | $23.0B |
| #102 | C |
COWZ | Pacer US Cash Cows 100 ETF | +15.33% | 0.49% | $17.6B |