iShares MSCI USA Min Vol Factor ETF
Find Ratings Reports- Last Ratings Update:01/31/2024
- Price as of 01/31/2024 :$79.72
- Net Assets:$0 Million
- NAV:$80.38
- Premium-0.82%
- Peer Rank:155 of 398
- Investment Rating:B+
- Performance:B-
- RiskB-
We rate iShares MSCI USA Min Vol Factor at B+. Positive factors that influence this rating include a well above average total return, low price volatility, low expense structure and long term portfolio management tenure. The fund invests approximately 100% of its assets in stocks and may be considered for investors seeking an Equity Income strategy.
Total return ranks very high in comparison with peers over the last three years. The iShares MSCI USA Min Vol Factor has returned an annual rate of 11.95% since inception. More recently, the fund has generated a total return of 9.40% in the last five years, 7.63% in the last three years, and 12.22% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 74% of them. It has also outpaced 76% of its competitors on a three year basis and 74% of them over the last year for the period ending 1/31/2024. On a year to date basis, USMV has returned 2.97%.
Downside risk has been below average. USMV has a draw down risk of -18.29%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 14.3%. This fund has had moderate volatility in its monthly performance over the last 36 months. As of 1/31/2024, the fund was trading at a price of $79.72, which is 1.0% below its 52-week high of $80.56 and 2.8% above its 52-week low of $77.56.
Low expense ratio helps performance. As USMV is an exchange traded fund, it has no front end or back end load.
The iShares MSCI USA Min Vol Factor is managed by Gregory R Savage at BlackRock Fund Advisors. This fund is one of 353 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.