iShares MSCI USA Small-Cap Min Vol Factor ETF

Frequently Asked Questions About SMMV

What does SMMV invest in?

The iShares MSCI USA Small-Cap Min Vol Factor ETF aims to replicate the returns of an index that invests in U.S. small-capitalization stocks, specifically selected because their collective price movements are less volatile than the overall U.S. small-cap equity market.

What is the expense ratio of SMMV?

iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) charges an expense ratio of 0.20%. This is the annual fee deducted from fund assets to cover management and operations.

How big is SMMV?

iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) manages $287.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is SMMV actively managed or an index fund?

SMMV is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SMMV's is 0.20%) because there's no security selection cost.

When was SMMV launched?

iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) launched in September 2016 and is managed by IShares.

How has SMMV performed?

SMMV's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.