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 21 January 2021
Asset Under Management 901.24 Million (USD)
1 Month Total Return 5.11 %
Year To Date Return 4.34 %
1 Year Total Return -0.18 %
3 Year Annualized Total Return 7.90 %
NAV 35.3429
Share Outstanding 25,500,000
Top 10 Holdings (20 January 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
ZYNGA INC - CL A ZNGA EQUI 0.0157000000
APTARGROUP INC ATR EQUI 0.0151000000
LIFE STORAGE INC LSI EQUI 0.0135000000
CUBESMART CUBE EQUI 0.0128000000
LANDSTAR SYSTEM INC LSTR EQUI 0.0128000000
AMERICAN HOMES 4 RENT- A AMH EQUI 0.0122000000
ROYAL GOLD INC RGLD EQUI 0.0117000000
SERVICE SCI EQUI 0.0110000000
FLOWERS FOODS INC FLO EQUI 0.0107000000
IDACORP INC IDA EQUI 0.0105000000