This ETF is one of several products available to investors looking to achieve targeted exposure to a specific “factor,” which in the case of USMV is low volatility. The underlying index consists of stocks that have historically exhibited relatively low volatility, a unique methodology that makes USMV potentially useful in a number of different ways. This fund can be used as an alternative to broad-based domestic equity funds, though the shallow nature of the underlying portfolio may be a concern. Perhaps a better use would be as a way to dial down the overall risk of an equity portfolio, essentially allowing investors to scale back their downside loss potential while still maintaining some up side.
USMV is appealing in the sense that it allows investors to achieve cheap, easy exposure to a strategy that would be difficult and time consuming to implement under the “do it yourself” methodology the expense ratio is extremely low given the methodology employed, and the strategy offered can be a simple but effective way to fine tune the overall risk of a portfolio.
We might be hesitant to achieve all of a portfolio’s domestic equity exposure through this one ticker—there are only about 125 components in total—but acknowledge that USMV can be a very useful complementary holding.
| Segment | Equity: U.S. - Total Market |
| Category | Size and Style |
| Focus | Total Market |
| Niche | Broad-based |
| Strategy | Low Volatility |
| Weighting Scheme | Multi-Factor |
This section compares how balanced and deep this ETF is relative to its peers.
| USMV | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Number of Holdings | 169 | 46 | 427 |
| % of Assets in Top 10 | 17.08% | 79.18% | 36.69% |
| % of Assets in Top 15 | 24.42% | 81.46% | 45.91% |
| % of Assets in Top 50 | 61.64% | 89.89% | 80.21% |
| USMV | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Large (>12.9B) | 93.90% | 15.91% | 72.28% |
| Mid (>2.7B) | 5.25% | 4.58% | 13.41% |
| Small (>600M) | 0.00% | 2.23% | 2.88% |
| Micro (<600M) | 0.00% | 0.30% | 0.98% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| USMV | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.39 | $ 0.10 | $ 0.23 |
| Dividend Date | 2023-09-26 | N/A | N/A |
| Annual Dividend Rate | $ 1.33 | $ 0.32 | $ 0.72 |
| Annual Dividend Yield | 1.77% | 0.97% | 1.40% |
View charts featuring USMV price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: -3.71 B 1 Month Net Flows: -192.98 M 3 Month Net Flows: -1.56 B 6 Month Net Flows: -2.13 B 1 Year Net Flows: -3.79 B 3 Year Net Flows: -2.65 B 5 Year Net Flows: -2.65 B 10 Year Net Flows: -2.65 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: -3.59 BThe adjacent table gives investors an individual Realtime Rating for USMV on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Volatility Hedged Equity with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Qualified dividends |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| USMV |
ETF Database
Category Average |
Factset Segment
Average |
|
|---|---|---|---|
| 1 Month Return | 8.21% | 7.10% | 8.49% |
| 3 Month Return | 2.04% | 1.19% | 0.94% |
| YTD Return | 7.35% | 11.17% | 10.09% |
| 1 Year Return | 3.32% | 7.97% | 5.56% |
| 3 Year Return | 6.24% | 3.83% | 3.35% |
| 5 Year Return | 8.24% | 1.34% | 3.86% |
The following charts reflect the geographic spread of USMV's underlying holdings.
| Region | Percentage |
|---|---|
| North, Central and South America | 99.93% |
| Other | 0.06% |
| Country | Percentage |
|---|---|
| United States | 94.28% |
| Ireland | 2.14% |
| Canada | 1.4% |
| United Kingdom | 0.87% |
| Other | 0.78% |
| Switzerland | 0.47% |
| Bermuda | 0.05% |
The following charts reflect the allocation of USMV's underlying holdings.
| Sector | Percentage |
|---|---|
| Technology Services | 16.97% |
| Health Technology | 13.87% |
| Finance | 11.9% |
| Electronic Technology | 10.8% |
| Consumer Non-Durables | 8.28% |
| Utilities | 7.06% |
| Retail Trade | 4.57% |
| Communications | 3.82% |
| Industrial Services | 3.75% |
| Transportation | 3.58% |
| Consumer Services | 3.28% |
| Health Services | 2.85% |
| Commercial Services | 1.95% |
| Distribution Services | 1.87% |
| Process Industries | 1.79% |
| Energy Minerals | 1.6% |
| Non-Energy Minerals | 0.9% |
| Miscellaneous | 0.72% |
| Producer Manufacturing | 0.37% |
| CASH | 0.06% |
| Market Cap | Percentage |
|---|---|
| Large | 93.9% |
| Mid | 5.25% |
| Small | 0.0% |
| Micro | 0.0% |
| Region | Percentage |
|---|
| Asset | Percentage |
|---|---|
| Share/Common/Ordinary | 99.21% |
| Open-ended Fund | 0.72% |
| CASH | 0.06% |
| Sector | Percentage |
|---|---|
| Technology Services | 16.97% |
| Health Technology | 13.87% |
| Finance | 11.9% |
| Electronic Technology | 10.8% |
| Consumer Non-Durables | 8.28% |
| Utilities | 7.06% |
| Retail Trade | 4.57% |
| Communications | 3.82% |
| Industrial Services | 3.75% |
| Transportation | 3.58% |
| Consumer Services | 3.28% |
| Health Services | 2.85% |
| Commercial Services | 1.95% |
| Distribution Services | 1.87% |
| Process Industries | 1.79% |
| Energy Minerals | 1.6% |
| Non-Energy Minerals | 0.9% |
| Miscellaneous | 0.72% |
| Producer Manufacturing | 0.37% |
| CASH | 0.06% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 149.79% |
| 20 Day Volatility | 8.07% |
| 50 Day Volatility | 10.25% |
| 200 Day Volatility | 8.78% |
| Beta | 0.75 |
| Standard Deviation | 1.60% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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