iShares MSCI USA Min Vol Factor ETF

Frequently Asked Questions About USMV

What does USMV invest in?

The iShares MSCI USA Min Vol Factor ETF is designed to mirror the returns of an underlying index. This index comprises a selection of U.S. stocks chosen for their collectively lower price fluctuations when compared against the overall U.S. equity market.

What is the expense ratio of USMV?

iShares MSCI USA Min Vol Factor ETF (USMV) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is USMV?

iShares MSCI USA Min Vol Factor ETF (USMV) manages $23.21B 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 USMV actively managed or an index fund?

USMV 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 (USMV's is 0.15%) because there's no security selection cost.

When was USMV launched?

iShares MSCI USA Min Vol Factor ETF (USMV) launched in October 2011 and is managed by IShares.

How has USMV performed?

USMV'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.