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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.

TER
0.15%
AUM
$27B
CAGR
11.4%
Volatility
11.5%
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.

1
MSFTMicrosoft Corp.
1.80%
2
WMTWalmart Inc.
1.70%
3
TAT&T Inc.
1.60%
4
PGProcter & Gamble Co.
1.55%
5
JNJJohnson & Johnson
1.50%
6
VZVerizon Communications
1.45%
7
KOCoca-Cola Co.
1.40%
8
PEPPepsiCo Inc.
1.35%
9
CLColgate-Palmolive Co.
1.30%
10
WMWaste Management Inc.
1.25%

Sector Breakdown

Consumer Staples
18%
Healthcare
16%
Technology
14%
Financials
12%
Industrials
11%
Communication Services
8%
Utilities
7%
Consumer Discretionary
6%

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

Equivalent ETFs

These ETFs track the same or very similar underlying index:

Backtest this ETFOfficial 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).

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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