MSFT vs. USMV
MSFT (Microsoft Corporation) is a stock, while USMV (iShares MSCI USA Min Vol Factor ETF) is Large Cap Blend Equities fund tracking the MSCI USA Minimum Volatility Index. Over the past 10 years, MSFT returned 24.39%/yr vs 9.90%/yr for USMV. A 0.58 correlation means they provide meaningful diversification when combined.
Performance
MSFT vs. USMV - Performance Comparison
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Returns By Period
In the year-to-date period, MSFT achieves a -18.85% return, which is significantly lower than USMV's 2.43% return. Over the past 10 years, MSFT has outperformed USMV with an annualized return of 24.39%, while USMV has yielded a comparatively lower 9.90% annualized return.
MSFT
- 1D
- 0.10%
- 1M
- -3.36%
- YTD
- -18.85%
- 6M
- -17.98%
- 1Y
- -17.75%
- 3Y*
- 6.16%
- 5Y*
- 9.56%
- 10Y*
- 24.39%
USMV
- 1D
- 0.43%
- 1M
- 1.84%
- YTD
- 2.43%
- 6M
- 2.34%
- 1Y
- 4.00%
- 3Y*
- 11.35%
- 5Y*
- 7.24%
- 10Y*
- 9.90%
MSFT vs. USMV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | -18.85% | 15.58% | 12.93% | 58.19% | -28.02% | 52.48% | 42.53% | 57.56% | 20.80% | 40.73% |
USMV iShares MSCI USA Min Vol Factor ETF | 2.43% | 7.65% | 15.74% | 10.33% | -9.43% | 20.85% | 5.64% | 27.69% | 1.33% | 18.91% |
Correlation
The correlation between MSFT and USMV is 0.28, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.28 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.58 |
Over the past year, the correlation between MSFT and USMV has dropped to 0.28 - well below their long-term average of 0.58, suggesting their price drivers have been diverging.
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Return for Risk
MSFT vs. USMV — Risk / Return Rank
MSFT
USMV
MSFT vs. USMV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Microsoft Corporation (MSFT) 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.
| MSFT | USMV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 1.08 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.53 | 0.62 | -1.15 |
| Martin ratioReturn relative to average drawdown | -1.08 | 2.06 | -3.14 |
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Drawdowns
MSFT vs. USMV - Drawdown Comparison
The maximum MSFT drawdown since its inception was -69.38%, which is greater than USMV's maximum drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for MSFT and USMV.
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Drawdown Indicators
| MSFT | USMV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.38% | -33.10% | -36.28% |
Max Drawdown (1Y)Largest decline over 1 year | -33.91% | -6.46% | -27.45% |
Max Drawdown (3Y)Largest decline over 3 years | -33.91% | -9.36% | -24.55% |
Max Drawdown (5Y)Largest decline over 5 years | -37.15% | -17.93% | -19.22% |
Max Drawdown (10Y)Largest decline over 10 years | -37.15% | -33.10% | -4.05% |
Current DrawdownCurrent decline from peak | -27.46% | -1.40% | -26.06% |
Average DrawdownAverage peak-to-trough decline | -21.78% | -2.87% | -18.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.48% | 1.95% | +14.53% |
Volatility
MSFT vs. USMV - Volatility Comparison
Microsoft Corporation (MSFT) has a higher volatility of 10.52% compared to iShares MSCI USA Min Vol Factor ETF (USMV) at 2.70%. This indicates that MSFT'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
| MSFT | USMV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.52% | 2.70% | +7.82% |
Volatility (6M)Calculated over the trailing 6-month period | 22.31% | 6.02% | +16.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.42% | 8.56% | +16.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.66% | 12.36% | +14.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.06% | 14.51% | +12.55% |
Dividends
MSFT vs. USMV - Dividend Comparison
MSFT's dividend yield for the trailing twelve months is around 0.91%, less than USMV's 1.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSFT Microsoft Corporation | 0.91% | 0.70% | 0.73% | 0.74% | 1.06% | 0.68% | 0.94% | 1.20% | 1.69% | 1.86% | 2.37% | 2.33% |
USMV iShares MSCI USA Min Vol Factor ETF | 1.53% | 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
MSFT and USMV have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSFT has higher volatility (10.52%) compared to USMV (2.70%). In terms of maximum drawdown, MSFT dropped -69.38% vs USMV's -33.10%.
USMV currently has the higher Sharpe Ratio (0.47 vs -0.70), 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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