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USMV vs SPLV

iShares MSCI USA Min Vol Factor ETF vs Invesco S&P 500 Low Volatility ETF

USMV

iShares MSCI USA Min Vol Factor ETF

iShares

Annual cost

0.15%

Fund size

$22.9B

SPLV

Invesco S&P 500 Low Volatility ETF

Invesco

Annual cost

0.25%

Fund size

$7.2B

Key differences

  • USMV costs 0.10% less per year.
  • USMV is significantly larger than SPLV — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, USMV has delivered higher annualized returns.

Side-by-side comparison

USMVSPLV
Annual cost (TER)0.15%0.25%
Fund size (AUM)$22.9B$7.2B
Since20112011
Dividend yield1.55%2.11%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.8%+4.3%
CAGR 3Y+11.8%+8.2%
CAGR 5Y+7.8%+6.1%
Sharpe 3Y0.800.45
Volatility 1Y8.57%9.71%
Max drawdown-33.10%-36.26%

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

Similar to USMV and SPLV