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 18 January 2019
Asset Under Management 80.90 Million (USD)
1 Month Total Return 2.83 %
Year To Date Return 4.89 %
1 Year Total Return 5.70 %
3 Year Annualized Total Return
NAV 30.53
Share Outstanding 2,650,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ROYAL GOLD INC RGLD EQUI 0.0166000000
STARWOOD PROPERTY TRUST INC STWD EQUI 0.0145000000
SUN COMMUNITIES INC SUI EQUI 0.0133000000
EQUITY LIFESTYLE PROPERTIES ELS EQUI 0.0125000000
EQUITY COMMONWEALTH EQC EQUI 0.0115000000
VECTREN CORP VVC EQUI 0.0110000000
BLACKSTONE MORTGAGE TRU-CL A BXMT EQUI 0.0094000000
BRIGHT HORIZONS FAMILY SOLUT BFAM EQUI 0.0090000000
BROWN & BROWN INC BRO EQUI 0.0090000000
GRAHAM HOLDINGS CO-CLASS B GHC EQUI 0.0089000000