SMMV
iShares MSCI USA Small-Cap Min Vol Factor ETF
📎 Investment Objective
The iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) seeks to track the investment results of an index composed of US small-capitalization stocks that have lower volatility characteristics relative to the broader small-cap equity market.
Overview
ETF tracking iShares MSCI USA Small-Cap Min Vol Factor ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV) seeks to track the investment results of an index composed of US small-capitalization stocks that have lower volatility characteristics relative to the broader small-cap equity market.
🎯 Investment Strategy
The ETF employs a passive management (or index-tracking) strategy designed to track the performance of the MSCI USA Small Cap Minimum Volatility Index. The index selects and weights small-cap US stocks based on their historical volatility, aiming to construct a portfolio with lower overall risk compared to the broader small-cap market.
✨ Key Features
- Focuses on US small-cap stocks with lower historical volatility
- Passively tracks the MSCI USA Small Cap Minimum Volatility Index
- Potentially provides downside protection in volatile markets
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration in small-cap stocks, which can be more volatile than large-caps
- Potential underperformance compared to the broader small-cap market during strong rallies
- Reliance on the index methodology to select and weight holdings
- Lack of performance history for the fund
👤 Best For
SMMV may be suitable for investors seeking exposure to US small-cap stocks with the potential for lower volatility compared to the broader small-cap market. It could be used as a core or satellite holding in a diversified portfolio, particularly by investors with a lower risk tolerance or a focus on capital preservation.