USMViShares Edge MSCI Min Vol U.S.A. ETF
USMV Fund Description
The iShares Edge MSCI Min Vol USA ETF tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints.
USMV Factset Analytics Insight
USMV offers a minimum-volatility portfolio of US stocks at low total cost. The fund's index uses an optimization algorithm to build a "minimum variance" portfolio—one that considers correlation between stocks—rather than simply holding a basket of low-vol stocks like archrival SPLV. While USMV applies sector constraints in its optimizer, sector bets can be substantial, if unsurprising: The fund typically overweights defensive, dividend-paying sectors relative to our cap-weighted benchmark. USMV’s optimizer also aims to keep other risk factors marketlike as it dials back on volatility. The ETF takes substantially less risk than the market portfolio as shown by low beta. USMV charges a low fee, tracks its index well, and trades briskly.
USMV MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 21, 2018 the iShares Edge MSCI Min Vol U.S.A. ETF MSCI ESG Fund Quality Score is 5.12 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. USMV ranks in the 47th percentile within its peer group and in the 39th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
USMV CHARTS AND PERFORMANCE
USMV Top 10 Countries
USMV Top 10 Sectors
USMV Top 10 Holdings [View All]
USMV Portfolio Management
USMV Tax Exposures
USMV Fund Structure
USMV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of USMV. USMV is rated a 5 out of 5.
USMV Sector/Industry Breakdown
USMV TOP 10 HOLDINGS[View All]
USMV Economic Development
USMV Performance Statistics
USMV MSCI ESG Ratings
USMV BENCHMARK COMPARISON SUMMARY
USMV BENCHMARK COMPARISON MARKET CAP SIZE
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.