SMMViShares MSCI USA Small-Cap Min Vol Factor ETF
SMMV Fund Description
SMMV tracks an index of US-listed small capitalization stocks selected and weighted to create a low volatility portfolio, subject to constraints.
SMMV Factset Analytics Insight
SMMV is a potential fit for investors looking to capture the small-cap size factor but trying to avoid interim volatility. Starting with the US small-cap universe, SMMV’s underlying index uses a volatility-based optimization approach including correlation between stocks within the index, to build a minimum variance portfolio of small-cap stocks. This semi-annual optimization process is applied within a given set of constraints (minimum and maximum constituent weight, sector, and factor constraints) to help maintain index investability and replicability. By design, SMMV will have lower market risk (beta) than a typical market-cap-selected and -weighted small-cap portfolio.
SMMV MSCI ESG Analytics Insight
iShares MSCI USA Small-Cap Min Vol Factor ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.50 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
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. iShares MSCI USA Small-Cap Min Vol Factor ETF ranks in the 33th percentile within its peer group and in the 39th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SMMV MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
SMMV Summary Data
SMMV Portfolio Data
SMMV Index Data
SMMV Portfolio Management
SMMV Tax Exposures
SMMV Fund Structure
SMMV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SMMV. SMMV is rated a 5 out of 5.
SMMV Sector/Industry Breakdown
SMMV Economic Development
SMMV Performance Statistics
SMMV MSCI ESG Ratings
SMMV Benchmark Comparison Summary
SMMV Benchmark Comparison Market Cap Size