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ACVF vs. USMV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ACVF vs. USMV

Last updated Jul 14, 2026
Documentation

ACVF (American Conservative Values ETF) and USMV (iShares MSCI USA Min Vol Factor ETF) are both Large Cap Blend Equities funds. ACVF is actively managed, while USMV is passively managed. Over the past 5 years, ACVF returned 11.69%/yr vs 7.16%/yr for USMV. A 0.78 correlation means they provide meaningful diversification when combined. ACVF charges 0.75%/yr vs 0.15%/yr for USMV.

Performance

ACVF vs. USMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Conservative Values ETF (ACVF) and iShares MSCI USA Min Vol Factor ETF (USMV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, ACVF achieves a 9.57% return, which is significantly higher than USMV's 4.64% return.

ACVF

1D
-0.85%
1M
0.34%
6M
7.47%
YTD
9.57%
1Y
14.41%
3Y*
17.09%
5Y*
11.69%
10Y*
—

USMV

1D
0.06%
1M
2.16%
6M
3.87%
YTD
4.64%
1Y
7.10%
3Y*
11.43%
5Y*
7.16%
10Y*
9.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ACVF vs. USMV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
ACVF
American Conservative Values ETF		9.57%13.67%20.56%23.81%-15.74%28.84%14.93%
USMV
iShares MSCI USA Min Vol Factor ETF		4.64%7.65%15.74%10.33%-9.43%20.85%10.50%

Correlation

The correlation between ACVF and USMV is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.54

Correlation (3Y)
Calculated over the trailing 3-year period

0.68

Correlation (5Y)
Calculated over the trailing 5-year period

0.78

Correlation (All Time)
Calculated using the full available price history since Oct 29, 2020

0.78

Over the past year, the correlation between ACVF and USMV has dropped to 0.54 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

ACVF vs. USMV - Sectors Allocation Comparison

Sectors
ACVF
USMV

Technology

43.0%
33.9%

Financial Services

10.9%
11.7%

Industrials

10.4%
6.1%

Consumer Cyclical

10.2%
5.7%

Healthcare

7.9%
12.6%

Consumer Defensive

5.4%
9.4%

Communication Services

4.0%
6.2%

Energy

3.1%
2.7%

Utilities

1.9%
6.9%

Real Estate

1.6%
2.5%

Basic Materials

1.5%
2.4%

Technology

ACVF
43.0%
USMV
33.9%

Financial Services

ACVF
10.9%
USMV
11.7%

Industrials

ACVF
10.4%
USMV
6.1%

Consumer Cyclical

ACVF
10.2%
USMV
5.7%

Healthcare

ACVF
7.9%
USMV
12.6%

Consumer Defensive

ACVF
5.4%
USMV
9.4%

Communication Services

ACVF
4.0%
USMV
6.2%

Energy

ACVF
3.1%
USMV
2.7%

Utilities

ACVF
1.9%
USMV
6.9%

Real Estate

ACVF
1.6%
USMV
2.5%

Basic Materials

ACVF
1.5%
USMV
2.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

American Conservative Values ETF

iShares MSCI USA Min Vol Factor ETF

Often compared with ACVF:
ACVF vs. BIAWXACVF vs. JQUAACVF vs. VOOACVF vs. SWPPXACVF vs. YALLACVF vs. AOAACVF vs. FXAIX
Often compared with USMV:
USMV vs. SPLVUSMV vs. SPYUSMV vs. VOOUSMV vs. QUALUSMV vs. VFMVUSMV vs. ACWVUSMV vs. VTI

Return for Risk

ACVF vs. USMV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ACVF
ACVF Risk / Return Rank: 4444
Overall Rank
ACVF Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
ACVF Sortino Ratio Rank: 4141
Sortino Ratio Rank
ACVF Omega Ratio Rank: 4040
Omega Ratio Rank
ACVF Calmar Ratio Rank: 4646
Calmar Ratio Rank
ACVF Martin Ratio Rank: 5454
Martin Ratio Rank
USMV
USMV Risk / Return Rank: 2828
Overall Rank
USMV Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
USMV Sortino Ratio Rank: 2626
Sortino Ratio Rank
USMV Omega Ratio Rank: 2525
Omega Ratio Rank
USMV Calmar Ratio Rank: 2828
Calmar Ratio Rank
USMV Martin Ratio Rank: 3131
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ACVF vs. USMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Conservative Values ETF (ACVF) and iShares MSCI USA Min Vol Factor ETF (USMV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

ACVFUSMVDifference
Sharpe ratioReturn per unit of total volatility
1.19
0.84

+0.35

Sortino ratioReturn per unit of downside risk
1.70
1.23

+0.47

Omega ratioGain probability vs. loss probability

1.21

1.15

+0.06

Calmar ratioReturn relative to maximum drawdown

1.88

1.10

+0.78

Martin ratioReturn relative to average drawdown

7.25

3.61

+3.64

ACVF vs. USMV - Sharpe Ratio Comparison

The current ACVF Sharpe Ratio is 1.19, which is higher than the USMV Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of ACVF and USMV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

ACVF vs. USMV - Drawdown Comparison

The maximum ACVF drawdown since its inception was -24.39%, smaller than the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for ACVF and USMV.

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Drawdown Indicators

ACVFUSMVDifference

Max Drawdown

Largest peak-to-trough decline

-24.39%

-33.10%

+8.71%

Max Drawdown (1Y)

Largest decline over 1 year

-7.70%

-6.46%

-1.24%

Max Drawdown (3Y)

Largest decline over 3 years

-16.82%

-9.36%

-7.46%

Max Drawdown (5Y)

Largest decline over 5 years

-24.39%

-17.93%

-6.46%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.10%

—

Current Drawdown

Current decline from peak

-1.44%

-0.54%

-0.90%

Average Drawdown

Average peak-to-trough decline

-4.69%

-2.87%

-1.82%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.99%

1.97%

+0.02%

Volatility

ACVF vs. USMV - Volatility Comparison

American Conservative Values ETF (ACVF) has a higher volatility of 4.11% compared to iShares MSCI USA Min Vol Factor ETF (USMV) at 2.54%. This indicates that ACVF's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

ACVFUSMVDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.11%

2.54%

+1.57%

Volatility (6M)

Calculated over the trailing 6-month period

10.02%

6.22%

+3.80%

Volatility (1Y)

Calculated over the trailing 1-year period

12.16%

8.48%

+3.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.36%

12.36%

+4.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.97%

14.49%

+1.48%

ACVF vs. USMV - Expense Ratio Comparison

ACVF has a 0.75% expense ratio, which is higher than USMV's 0.15% expense ratio.

Dividends

ACVF vs. USMV - Dividend Comparison

ACVF's dividend yield for the trailing twelve months is around 0.52%, less than USMV's 1.48% yield.

PositionTTM20252024202320222021202020192018201720162015
ACVF
American Conservative Values ETF		0.52%0.59%0.59%0.82%0.93%0.61%0.23%0.00%0.00%0.00%0.00%0.00%
USMV
iShares MSCI USA Min Vol Factor ETF		1.48%1.49%1.67%1.82%1.62%1.26%1.81%1.88%2.12%1.77%2.22%2.02%

Frequently Asked Questions

ACVF and USMV have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ACVF has higher volatility (4.11%) compared to USMV (2.54%). In terms of maximum drawdown, ACVF dropped -24.39% vs USMV's -33.10%.

On 5-year performance, ACVF leads with 11.69% vs 7.16% for USMV. On fees, USMV is cheaper at 0.15% per year. On volatility, USMV has been the lower-risk option at 2.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, ACVF has performed better with a 11.69% return vs 7.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

USMV is cheaper with a 0.15% expense ratio, compared with 0.75% for ACVF.

USMV has the higher dividend yield at 1.48%, compared with 0.52% for ACVF.

They also come from different issuers: Ridgeline Research LLC and iShares. Their fees differ too: 0.75% for ACVF and 0.15% for USMV.

ACVF currently has the higher Sharpe Ratio (1.19 vs 0.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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