Independent, Unsponsored
Educational, Not Financial Advice
Data from Public Sources
No Fund Sponsorships

USMV

iShares MSCI USA Min Vol Factor ETF (USMV)

Expense Ratio 0.15%
AUM $23.0B
Dividend Yield 1.50%
Holdings
Risk Level
Quick Answer

USMV (iShares MSCI USA Min Vol Factor ETF) charges a 0.15% expense ratio. On a $10,000 investment that is about $15.00 per year in fund fees, or about $150 per year on $100,000. The fee is deducted automatically from the fund's value, not billed separately. See how expense ratios work →

Performance (data as of Jul 17, 2026): YTD +3.1% · 1-year +3.3% · 3-year +10.8% annualized · 5-year +6.8% annualized. Dividend yield 1.50%. $23.0B in assets. Past performance does not guarantee future results.

BFF Take BFF Take is our editorial summary based on expense ratio, holdings concentration, historical volatility, dividend yield profile, and category fit. It is an educational overview, not a suitability assessment or financial advice. Whether any fund fits your situation depends on your goals, time horizon, and full financial picture. ETF BFF is not a registered investment advisor.

iShares MSCI USA Min Vol Factor ETF: about 180 US stocks with historically lower volatility, at 0.15%. Heavy in utilities, healthcare, and consumer staples. Falls less in drawdowns and rises less in rallies. For investors who want equity exposure with reduced peak-to-trough drops, USMV is the standard choice. The trade-off is meaningful: it trailed the S&P 500 significantly in 2023 and 2024 when growth stocks led.

✓ Who it's actually for

    ! Know this before you buy

      Editorial opinion based on documented fund characteristics, not personalized investment advice. ETF BFF is not a registered investment advisor.

      📖 New to ETF fact sheets? Here's how to use this page:

      1Scan key stats in the sidebar (fees, yield, risk)
      2Check performance history and top holdings below
      3Expand the FAQs for common questions about this fund

      📈 Performance history

      Annualized where noted

      Returns are price-based and exclude dividend reinvestment. Total return will typically be higher by approximately the fund's annual yield. Past performance does not guarantee future results.

      How does this ETF stack up against the competition?

      ⚖️ Compare side by side →

      🛡️ Risk and volatility

      ✅ Before you buy this ETF

      Check these boxes before buying. Good investing habits matter more than picking the right fund.

      ❓ Questions people actually ask about this ETF

      • USMV's expense ratio is 0.15% per year. On a $10,000 investment, that is roughly $15.00 per year in fund fees, automatically deducted from the fund's NAV, not billed separately. What expense ratios cover, and what a good one looks like →

      • iShares MSCI USA Min Vol Factor ETF: about 180 US stocks with historically lower volatility, at 0.15%. Heavy in utilities, healthcare, and consumer staples. Falls less in drawdowns and rises less in rallies. For investors who want equity exposure with reduced peak-to-trough drops, USMV is the standard choice. The trade-off is meaningful: it trailed the S&P 500 significantly in 2023 and 2024 when growth stocks led. Past performance does not guarantee future results. Educational only, not personalized investment advice. ETF BFF is not a registered investment advisor.

      • USMV returned +3.3% over the trailing 12 months. Past performance does not guarantee future results. ETF returns fluctuate with market conditions. Educational only, not personalized investment advice.

      • USMV (iShares MSCI USA Min Vol Factor ETF) has $23.0B in assets under management. AUM is a measure of fund size and liquidity. Larger funds generally have tighter bid-ask spreads and are less likely to close. It is not a measure of quality or expected returns.

      • USMV has a trailing 12-month dividend yield of 1.50%. ETF dividends are paid to shareholders based on distributions collected from the underlying holdings. Dividend payments are not guaranteed and can vary each quarter based on fund holdings and market conditions. Educational only, not personalized investment advice.

      • Use the ETF BFF comparison tool at etfbff.com/research/compare/ to run a side-by-side analysis of USMV against similar ETFs, covering expense ratios, holdings overlap, performance history, and our plain-English verdict on which one fits your goals.

      All answers are educational and general in nature, not personal financial advice. Always verify data with the fund issuer and do your own research before investing.

      📧 Free Weekly Newsletter

      Still figuring out USMV? Get a plain-English breakdown every week.

      One ETF concept per week: clear, jargon-free, and actually useful. No sales pitches, no filler. Join thousands of investors who finally get it.

      📚 Deep Dive Guide
      Factor Investing: Value, Growth & Quality ETFs
      Everything you need to know about factor investing: comparisons, costs, and when it makes sense.
      Read the Guide →
      SCHB Schwab U.S. Broad Market ETF 0.03% DFAC Dimensional U.S. Core Equity 2 ETF 0.19% IWB iShares Russell 1000 ETF 0.15% MDY State Street SPDR S&P MIDCAP 400 ETF Trust 0.24% QUAL iShares MSCI USA Quality Factor ETF 0.15% SCHA Schwab U.S. Small-Cap ETF 0.04%