USMV iShares MSCI U.S. Minimum Volatility ETF

Seeks to track, before fees and expenses, the MSCI USA Minimum Volatility Index. The Index includes a subset of securities taken from the MSCI USA Index, which is a capitalization-weighted index of the largest U.S. stocks (about 625 stocks). The Index is constructed 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.

$69.68
As of 03/23/2023     IEX book   CBOE book

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ETF Information

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Sponsor:     iShares
Category1:  US Equity
Category2:  Broad market
Category3:  Large cap
Morningstar category:  Large Blend
Leverage factor:  1.00
Inception date:  10/18/2011
Index tracking method: Passive replication
Current yield:  0.80%
Historical average yield:  1.80%
Market cap:  $27,433,016,000
Average volume:  3,995,582
Fees:     0.1500%

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Index Information

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MSCI USA Minimum Volatility (USD) Index
Index symbol:  M00IMV$T
Provider:   MSCI
Index weighting:   Other
Index inception date:  06/02/2008
Backtesting data exists:   Yes
Index factsheet:  Read PDF
Index methdology guide:  Read PDF
Number of holdings:  183  (as of 11/19/2018)
Strategy:  Low volatility
Factors used to select securities:
Volatility