USMV

iShares MSCI USA Min Vol Factor ETF

Tracks the MSCI USA Minimum Volatility Index, constructing a portfolio of US stocks optimized for the lowest total portfolio volatility. Defensive equity allocation that aims to deliver equity-like returns with significantly lower risk.

Backtest X-Ray Correlation Risk Map Compare vs ACWV

EquityTER 0.15%Dist.

TER

0.15%

AUM

$27B

CAGR

11.4%

Volatility

11.5%

Sharpe

0.73

Max Drawdown

-19.6%

Data Range

2011-10 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD-2.6%

Worst DD-19.6%

Worst date2020-03

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return11.2%

Best18.4%

Worst2.8%

% positive100%

139 periods

Key Facts

ISIN

US46429B6974

Issuer

BlackRock

Benchmark

MSCI USA Minimum Volatility Index

Total Expense Ratio (TER)

0.15%

Assets Under Management

$27B approx.

Inception Date

2011-10-18

Domicile

United States

Legal Structure

Open-Ended Fund

Dividend Policy

Distributing (pays dividends)

Replication Method

Physical (Full Replication)

UCITS Status

✗ Not UCITS

Fund Currency

USD

Primary Exchange

NYSE Arca

Number of Holdings

~180

Top 10 Holdings

Top 10 represent 14.9% of the fund.

MSFTMicrosoft Corp.

1.80%

Technology

WMTWalmart Inc.

1.70%

Consumer Staples

TAT&T Inc.

1.60%

Communication Services

PGProcter & Gamble Co.

1.55%

Consumer Staples

JNJJohnson & Johnson

1.50%

Healthcare

VZVerizon Communications

1.45%

Communication Services

KOCoca-Cola Co.

1.40%

Consumer Staples

PEPPepsiCo Inc.

1.35%

Consumer Staples

CLColgate-Palmolive Co.

1.30%

Consumer Staples

WMWaste Management Inc.

1.25%

Industrials

Sector Breakdown

Consumer Staples

18%

Healthcare

16%

Technology

14%

Financials

12%

Industrials

11%

Communication Services

Utilities

Consumer Discretionary

Source: Official issuer data · Last updated: 2026-04-17

Equivalent ETFs

These ETFs track the same or very similar underlying index:

ACWViShares MSCI Global Min Vol Factor ETF

Backtest this ETF Official Fund Page

Who Is This ETF For?

✓General portfolio building block for the asset class it covers.

Key Risks to Consider

• Market risk: equity values can drop 30-50% in severe bear markets.

• Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

VTI0.03% TER

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VOO0.03% TER

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QQQ0.20% TER

Invesco QQQ Trust

US Large Cap Tech-Heavy · Invesco

IWM0.19% TER

iShares Russell 2000 ETF

US Small Cap · BlackRock

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Correlation Matrix

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Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), BlackRock (metadata)Last verified: 2026-04-17

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UCITS Equivalent

ACWV

iShares MSCI Global Min Vol Factor ETF

TER 0.20%$5B AUM

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💬 Frequently Asked Questions

USMV has a total expense ratio (TER) of 0.15%, which means you pay $15 per year for every $10,000 invested.

Yes, USMV is a distributing ETF that pays dividends to shareholders. The frequency depends on the fund's schedule.

USMV is a US-domiciled ETF (not UCITS). Non-US investors should consider the US estate tax implications (40% on US assets above $60,000) and the 30% dividend withholding tax (reduced by treaty in some countries).

USMV uses full physical replication, meaning it holds all (or nearly all) securities in the MSCI USA Minimum Volatility Index index directly.

Similar ETFs tracking the same or a very similar index include: ACWV. These may differ in domicile, currency, dividend policy, or expense ratio.