What is USMV?

USMV tracks an index of US-listed firms selected and weighted to create a low-volatility portfolio subject to various constraints.

PERFORMANCE [as of 03/29/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
USMV -- -- -- -- -- -- --
USMV (NAV) 1.74% -0.77% -0.31% -6.92% 11.83% 8.59% 10.27%
MSCI USA Minimum Volatility Index 1.76% -0.75% -0.29% -6.76% 12.01% 8.77% 10.44%
MSCI USA IMI 0.62% 4.88% 5.15% -12.40% 18.55% 10.16% 11.61%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

USMV Factset Analytics Insight

USMV offers a minimum-volatility portfolio of US stocks. 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. While USMV applies sector constraints in its optimizer, sector bets can be substantial, if unsurprising. The fund typically overweights defensive, dividend-paying sectors. 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 Summary Data

Blackrock
10/18/11
0.15%
$28.00B
MSCI USA IMI
Open-Ended Fund

Peers

MSCI USA IMI

Fund Flows

+$0.07B 5 Days
-$0.96B 30 Days
-$1.52B 90 Days

USMV Portfolio Data

$163.43B
20.40
4.26
1.71%
N/A
167

USMV Index Data

Multi-Factor
Multi-Factor
MSCI USA IMI

USMV Portfolio Management

0.15%
-0.16%
-0.15%
-0.21%

USMV Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

USMV Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 03/30/23

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 Tradability

3,270,896
$233.83M
2,856,853
$201.48M
0.01%
$0.01
0.01%
0.11% / -0.06%
None
100.00%
100,000
28.57
0.00%
0.02%
419
$71.58
5

USMV Sector/Industry Breakdown

USMV Segment
Benchmark
16.54% --
14.80% --
11.70% --
9.81% --
8.88% --
7.93% --
5.81% --
4.56% --
3.72% --
2.99% --

USMV Performance Statistics

0.87
0.69
0.69
0.74
0.63%
MSCI USA IMI

USMV Countries

USMV Segment
Benchmark
98.40% 99.91%
1.48% 0.09%

USMV Regions

USMV Segment
Benchmark
99.87% 100.00%

USMV Economic Development

USMV Segment
Benchmark
99.87% 100.00%
0.00% 0.00%

USMV Benchmark Comparison Holdings

167
2550
165
31.20%

USMV Benchmark Comparison Summary

USMV Segment
Benchmark
167 2550
$163.43B $396.16B
20.40 20.60
4.26 3.58
1.96% 1.59%
Low Low

USMV Benchmark Comparison Market Cap Size

USMV Segment
Benchmark
93.27% 86.37%
6.59% 10.70%
0.00% 2.70%
0.00% 0.22%