SMMV iShares Edge MSCI Min Vol USA Small-Cap ETF

Seeks to track, before fees and expenses, the MSCI USA Small Cap Minimum Volatility (USD) Index. The Index selects stocks from the MSCI USA Small Cap Index using the most recent release of the Barra Open Optimizer in combination with the relevant Barra Equity Model. The Barra Open Optimizer determines the optimal solution, i.e. the portfolio with the lowest total risk, using an estimated security co-variance matrix under the applicable investment constraints. The Index seeks to have the lowest absolute volatility based on the set of constraints.

$33.82  +0.05 (0.15%)
As of 03/23/2023 11:19:58 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     iShares
Category1:  US Equity
Category2:  Broad market
Category3:  Small cap
Morningstar category:  Small Blend
Leverage factor:  1.00
Inception date:  09/07/2016
Index tracking method: Passive replication
Current yield:  1.38%
Historical average yield:  1.56%
Market cap:  $766,530,000
Average volume:  74,101
Fees:     0.2000%

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Index Information

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MSCI USA Small Cap Minimum Volatility (USD) Index
Index symbol:  M2CXBRH
Provider:   MSCI
Index weighting:   Volatility
Index inception date:  05/03/2016
Backtesting data exists:   Yes
Index factsheet:  Read PDF
Number of holdings:  357  (as of 12/01/2018)
Strategy:  Low volatility
Factors used to select securities:
Volatility