USMV Performance — iShares MSCI USA Min Vol Factor ETF
Data updated: 2026-10-13
USMV returned +4.69% year to date and +7.31% over one year to Jul 2026. Annualised returns are +10.96% over 3 years and +6.87% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $137, against $153 for the category, and to $107 over one year, against $116. Volatility over the past three years was 9.31% a year. In the 12 months to Jul 2026 the fund lost a net $1.1B, and assets reached $23.62B.
USMV Growth of $100
What $100 invested in iShares MSCI USA Min Vol Factor ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | USMV | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $107 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $137 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $139 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $176 | $226 |
USMV Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.69% |
| 1 year | +7.31% |
| 3 years (annualised) | +10.96% |
| 5 years (annualised) | +6.87% |
USMV Annual Returns
Calendar-year total returns of iShares MSCI USA Min Vol Factor ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +4.69% |
| 2025 | +7.68% |
| 2024 | +15.81% |
| 2023 | +10.20% |
| 2022 | −9.36% |
| 2021 | +20.80% |
| 2020 | +5.59% |
| 2019 (Aug–Dec) | +5.68% |
USMV Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.9% | +3.0% | −4.9% | +2.1% | +2.0% | +0.2% | +1.5% | — | — | — | — | — |
| 2025 | +3.6% | +2.8% | −0.6% | −1.2% | +1.1% | +0.7% | −1.3% | +1.7% | +1.4% | −2.0% | +2.3% | −0.8% |
| 2024 | +2.2% | +2.1% | +3.1% | −3.7% | +2.8% | +1.8% | +3.7% | +4.9% | +0.4% | −1.5% | +5.0% | −5.6% |
| 2023 | +1.5% | −3.4% | +3.4% | +1.5% | −3.2% | +4.5% | +1.4% | −0.6% | −2.8% | −0.9% | +6.4% | +2.7% |
| 2022 | −5.9% | −3.1% | +5.5% | −5.3% | 0.0% | −4.1% | +5.1% | −3.1% | −7.2% | +7.8% | +5.8% | −3.8% |
| 2021 | −2.7% | −0.4% | +5.5% | +4.0% | +0.8% | +1.8% | +3.5% | +1.9% | −5.0% | +5.5% | −2.0% | +6.8% |
| 2020 | +2.3% | −8.1% | −11.9% | +9.3% | +4.3% | −1.1% | +4.5% | +2.9% | −1.6% | −3.5% | +8.2% | +2.3% |
| 2019 | — | — | — | — | — | — | — | +1.7% | +0.9% | −0.2% | +1.3% | +1.9% |
USMV Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.31%
- 3-year Sharpe ratio: 0.69 (vs 4.5% risk-free rate)
- Best month: +6.40% (Nov 2023)
- Worst month: −5.59% (Dec 2024)
USMV Fund Flows
Monthly money in and out of iShares MSCI USA Min Vol Factor ETF, from SEC Form N-PORT.
- 12-month net flow: −$1.1B
- 12-month gross sales (incl. reinvestments): $5.4B
- Sales ÷ redemptions: 0.83×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $622.8M | $359.4M | $263.4M |
| Jun 2026 | $383.0M | $440.1M | −$57.1M |
| May 2026 | $209.1M | $446.2M | −$237.2M |
| Apr 2026 | $544.1M | $704.0M | −$159.9M |
| Mar 2026 | $612.5M | $375.2M | $237.3M |
| Feb 2026 | $830.1M | $1.0B | −$183.8M |
| Jan 2026 | $471.6M | $387.3M | $84.3M |
| Dec 2025 | $538.6M | $474.5M | $64.1M |
| Nov 2025 | $383.0M | $447.5M | −$64.6M |
| Oct 2025 | $303.4M | $727.8M | −$424.4M |
| Sep 2025 | $300.9M | $470.1M | −$169.2M |
| Aug 2025 | $225.1M | $654.1M | −$429.0M |
USMV Assets Under Management
Net assets of iShares MSCI USA Min Vol Factor ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $23.62B |
| 2026-04-30 | $22.86B |
| 2026-01-31 | $23.07B |
| 2025-10-31 | $22.54B |
| 2025-07-31 | $23.42B |
| 2025-04-30 | $23.80B |
| 2025-01-31 | $23.47B |
| 2024-10-31 | $23.88B |
| 2024-07-31 | $24.83B |
| 2024-04-30 | $23.59B |
| 2024-01-31 | $26.25B |
| 2023-10-31 | $26.80B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.