iShares MSCI USA Min Vol Factor ETF (USMV) is a quality and low-volatility ETF. As of October 9, 2026, ETF Copilot scores USMV 5.8 out of 10 — highest on Risk (9.7), lowest on Return (3.9). It trades at 23.2 times earnings, against its own median of 23.3. Its ten largest holdings are 15% of the fund.
What stands out in USMV's data
U.S. stocks screened for steadier price moves than the broad market.
Trades at a richer price than most low-volatility peers — you pay for the smoother ride.
Its trailing EBITDA multiple of 16.6x sits above the category median of 15.1x, among the priciest in the group. Holdings number 177, and return on equity runs at 24.9%.
A cushion for a portfolio that wants less of the market's daily swings.
Why did USMV move this week? It rose 2.4% in the week to October 9, 2026 — PTC and Palantir Technologies drove it
USMV rose 2.4% in the week to October 9, 2026. The holdings that moved it most were PTC (+35.0%), Palantir Technologies (+10.8%) and Mastercard (+6.7%); Verizon Communications (−9.3%) pushed the other way.
How is USMV rated? ETF Copilot scores iShares MSCI USA Min Vol Factor ETF (USMV) 5.8 out of 10
As of October 9, 2026, ETF Copilot scores iShares MSCI USA Min Vol Factor ETF (USMV) 5.8 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 5.8 / 10
- Growth: 4.2 / 10
- Value: 5.4 / 10
- Risk: 9.7 / 10
- Quality: 7.4 / 10
- Return: 3.9 / 10
Is USMV expensive right now? It trades at 23.2 times earnings, against its own median of 23.3
As of October 9, 2026, USMV is cheaper than 53% of its own 115 monthly readings since 2017 — 54 of those months were cheaper than today.
Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.
What's inside USMV? 35% Tech
What's inside USMV: Size (Large 91%, Mid 10%, Small 0%); Geography (International 6%, US 94%); Tech 34.5%; Magnificent 7 4.9%; AI 10.8%; Semiconductors 8.0%; Memory 6.9%.
What are USMV's top holdings? The ten largest are 15% of the fund
Amphenol, Microsoft, Nvidia, Chubb, Exxonmobil, Berkshire Hathaway, Welltower, Cisco Systems, Johnson & Johnson and McKesson are USMV's largest holdings, in that order.
Less concentrated than 64% of Quality & Low Volatility ETFs.
Half of USMV's weight sits in its 43 largest positions, and once those weights are taken into account it behaves like 113 equally weighted holdings.
What is USMV's expense ratio? 0.15% a year
As of October 9, 2026, USMV charges 0.15% a year, yields 1.41% and holds $23.6B in assets across 177 positions.
| Measure | USMV |
|---|---|
| Expense ratio | 0.15% |
| Dividend yield | 1.41% |
| Assets under management | $23.6B |
| Holdings | 177 |
Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.
Cite this
ETF Copilot, “iShares MSCI USA Min Vol Factor ETF (USMV) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/usmv
ETF Copilot Pro unlocks USMV's price and what each holding weighs.
Try Pro free →