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USMV vs FDLO

iShares MSCI USA Min Vol Factor ETF vs Fidelity Low Volatility Factor ETF

USMV

iShares MSCI USA Min Vol Factor ETF

iShares

Annual cost

0.15%

Fund size

$22.9B

FDLO

Fidelity Low Volatility Factor ETF

Fidelity Investments

Annual cost

0.15%

Fund size

$1.4B

Key differences

  • USMV is significantly larger than FDLO — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FDLO has delivered higher annualized returns.
  • USMV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

USMVFDLO
Annual cost (TER)0.15%0.15%
Fund size (AUM)$22.9B$1.4B
Since20112016
Dividend yield1.55%1.37%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.6%+18.2%
CAGR 3Y+11.4%+14.4%
CAGR 5Y+7.7%+10.5%
Sharpe 3Y0.760.96
Volatility 1Y8.57%8.88%
Max drawdown-33.10%-34.35%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to USMV and FDLO