RVER vs. USMV

Last updated Jul 14, 2026

RVER (Trenchless Fund ETF) and USMV (iShares MSCI USA Min Vol Factor ETF) are both Large Cap Blend Equities funds. RVER is actively managed, while USMV is passively managed. Over the past year, RVER returned 10.79% vs 7.10% for USMV. At a 0.43 correlation, their price movements are largely independent. RVER charges 0.65%/yr vs 0.15%/yr for USMV.

Performance

RVER vs. USMV - Performance Comparison

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

Returns By Period

In the year-to-date period, RVER achieves a 11.63% return, which is significantly higher than USMV's 4.64% return.

RVER

• 1D: -2.44%
• 1M: -0.94%
• 6M: 3.17%
• YTD: 11.63%
• 1Y: 10.79%
• 3Y*: —
• 5Y*: —
• 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)

RVER vs. USMV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
RVER Trenchless Fund ETF	11.63%	5.68%	18.88%
USMV iShares MSCI USA Min Vol Factor ETF	4.64%	7.65%	8.54%

Correlation

The correlation between RVER and USMV is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (All Time) Calculated using the full available price history since Apr 3, 2024	0.43

RVER vs. USMV - Sectors Allocation Comparison

Sectors	RVER	USMV
Technology	60.8%	33.9%
Consumer Cyclical	18.6%	5.7%
Industrials	10.5%	6.1%
Basic Materials	9.9%	2.4%
Energy	9.3%	2.7%
Communication Services	6.7%	6.2%
Healthcare	6.1%	12.6%
Financial Services	4.5%	11.7%
Utilities	2.8%	6.9%
Consumer Defensive	-	9.4%
Real Estate	-	2.5%

Return for Risk

RVER vs. USMV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RVER

RVER Risk / Return Rank: 17
RVER Sharpe Ratio Rank: 18
RVER Sortino Ratio Rank: 18
RVER Omega Ratio Rank: 17
RVER Calmar Ratio Rank: 16
RVER Martin Ratio Rank: 17

USMV

USMV Risk / Return Rank: 28
USMV Sharpe Ratio Rank: 29
USMV Sortino Ratio Rank: 26
USMV Omega Ratio Rank: 25
USMV Calmar Ratio Rank: 28
USMV Martin Ratio Rank: 31

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.

RVER vs. USMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Trenchless Fund ETF (RVER) 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.

	RVER	USMV	Difference
Sharpe ratio: Return per unit of total volatility	0.46	0.84	-0.38
Sortino ratio: Return per unit of downside risk	0.81	1.23	-0.42
Omega ratio: Gain probability vs. loss probability	1.10	1.15	-0.05
Calmar ratio: Return relative to maximum drawdown	0.50	1.10	-0.60
Martin ratio: Return relative to average drawdown	1.31	3.61	-2.30

RVER vs. USMV - Sharpe Ratio Comparison

The current RVER Sharpe Ratio is 0.46, which is lower than the USMV Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of RVER 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.

Drawdowns

RVER vs. USMV - Drawdown Comparison

The maximum RVER drawdown since its inception was -26.21%, smaller than the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for RVER and USMV.

Drawdown Indicators

	RVER	USMV	Difference
Max Drawdown Largest peak-to-trough decline	-26.21%	-33.10%	+6.89%
Max Drawdown (1Y) Largest decline over 1 year	-21.61%	-6.46%	-15.15%
Max Drawdown (3Y) Largest decline over 3 years	—	-9.36%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-17.93%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.10%	—
Current Drawdown Current decline from peak	-8.25%	-0.54%	-7.71%
Average Drawdown Average peak-to-trough decline	-6.00%	-2.87%	-3.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.23%	1.97%	+6.26%

Volatility

RVER vs. USMV - Volatility Comparison

Trenchless Fund ETF (RVER) has a higher volatility of 6.15% compared to iShares MSCI USA Min Vol Factor ETF (USMV) at 2.54%. This indicates that RVER'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.

Volatility by Period

	RVER	USMV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	2.54%	+3.61%
Volatility (6M) Calculated over the trailing 6-month period	19.27%	6.22%	+13.05%
Volatility (1Y) Calculated over the trailing 1-year period	23.51%	8.48%	+15.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.30%	12.36%	+13.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.30%	14.49%	+11.81%

RVER vs. USMV - Expense Ratio Comparison

RVER has a 0.65% expense ratio, which is higher than USMV's 0.15% expense ratio.

Dividends

RVER vs. USMV - Dividend Comparison

RVER's dividend yield for the trailing twelve months is around 1.53%, more than USMV's 1.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RVER Trenchless Fund ETF	1.53%	1.71%	0.00%	0.00%	0.00%	0.00%	0.00%	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

Can I hold both RVER and USMV in my portfolio?

RVER and USMV have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RVER or USMV?

RVER has higher volatility (6.15%) compared to USMV (2.54%). In terms of maximum drawdown, RVER dropped -26.21% vs USMV's -33.10%.

Which ETF is better, RVER or USMV?

On 1-year performance, RVER leads with 10.79% vs 7.10% 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.

Which ETF has performed better, RVER or USMV?

Over the 1-year period, RVER has performed better with a 10.79% return vs 7.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, RVER or USMV?

USMV is cheaper with a 0.15% expense ratio, compared with 0.65% for RVER.

Which ETF pays a higher dividend yield, RVER or USMV?

RVER has the higher dividend yield at 1.53%, compared with 1.48% for USMV.

What is the main difference between RVER and USMV?

They also come from different issuers: River1 and iShares. Their fees differ too: 0.65% for RVER and 0.15% for USMV.

Which has better risk-adjusted returns?

USMV currently has the higher Sharpe Ratio (0.84 vs 0.46), 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.