SMMV

Fund Description
The iShares Edge MSCI Min Vol USA Small-Cap ETF seeks to track the investment results of an index composed of small-capitalization U.S. equities that, in the aggregate, have lower volatility characteristics relative to the small-capitalization U.S. equity market. The MSCI USA Small Cap Minimum Volatility (USD) Index aims to reflect the performance characteristics of a minimum variance strategy applied to the small cap USA equity universe. The index is calculated by optimizing the MSCI USA Small Cap Index, its parent index, in USD for the lowest absolute risk (within a given set of constraints). Historically, the index has shown lower beta and volatility characteristics relative to the MSCI USA Small Cap Index.
Fund Profile
Fund Name iShares Edge MSCI Min Vol USA Small-Cap ETF
Fund Exchange Ticker SMMV
Fund Sponsor Blackrock (iShares)
Fund ISIN US46435G4331
Net Expense Ratio 0.20 %
Fund Inception Date 7 September 2016
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name MSCI USA Small Cap Minimum Volatility (USD) Index
Index Provider MSCI
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Small Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 847.25 Million (USD)
1 Month Total Return 0.61 %
Year To Date Return 12.60 %
1 Year Total Return 17.98 %
3 Year Annualized Total Return 8.55 %
NAV 37.8238
Share Outstanding 22,400,000
Top 10 Holdings (24 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
CUBESMART CUBE EQUI 0.0195770000
AMERICAN HOMES 4 RENT- A AMH EQUI 0.0157338000
SERVICE SCI EQUI 0.0141115000
LANDSTAR SYSTEM INC LSTR EQUI 0.0135690000
APTARGROUP INC ATR EQUI 0.0126581000
LIFE STORAGE INC LSI EQUI 0.0125442000
BJ'S WHOLESALE CLUB HOLDINGS BJ EQUI 0.0120417000
CORESITE REALTY CORP COR EQUI 0.0113136000
IDACORP INC IDA EQUI 0.0110649000
FLOWERS FOODS INC FLO EQUI 0.0109665000