USMV vs. VZ
USMV (iShares MSCI USA Min Vol Factor ETF) is Large Cap Blend Equities fund tracking the MSCI USA Minimum Volatility Index, while VZ (Verizon Communications Inc.) is a stock. Over the past 10 years, USMV returned 9.75%/yr vs 3.91%/yr for VZ. At a 0.48 correlation, their price movements are largely independent.
Performance
USMV vs. VZ - Performance Comparison
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Returns By Period
In the year-to-date period, USMV achieves a 1.55% return, which is significantly lower than VZ's 15.21% return. Over the past 10 years, USMV has outperformed VZ with an annualized return of 9.75%, while VZ has yielded a comparatively lower 3.91% annualized return.
USMV
- 1D
- -0.43%
- 1M
- 1.28%
- YTD
- 1.55%
- 6M
- 2.27%
- 1Y
- 3.18%
- 3Y*
- 11.35%
- 5Y*
- 7.21%
- 10Y*
- 9.75%
VZ
- 1D
- 0.15%
- 1M
- -3.77%
- YTD
- 15.21%
- 6M
- 13.62%
- 1Y
- 10.73%
- 3Y*
- 16.17%
- 5Y*
- 1.67%
- 10Y*
- 3.91%
USMV vs. VZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
USMV iShares MSCI USA Min Vol Factor ETF | 1.55% | 7.65% | 15.74% | 10.33% | -9.43% | 20.85% | 5.64% | 27.69% | 1.33% | 18.91% |
VZ Verizon Communications Inc. | 15.21% | 8.86% | 13.14% | 2.71% | -20.02% | -7.55% | -0.13% | 13.83% | 11.26% | 3.97% |
Correlation
The correlation between USMV and VZ is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.34 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.38 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2011 | 0.48 |
Over the past year, the correlation between USMV and VZ has dropped to 0.25 - well below their long-term average of 0.48, suggesting their price drivers have been diverging.
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Return for Risk
USMV vs. VZ — Risk / Return Rank
USMV
VZ
USMV vs. VZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI USA Min Vol Factor ETF (USMV) and Verizon Communications Inc. (VZ). 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.
| USMV | VZ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.07 | 1.11 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.49 | 0.81 | -0.32 |
| Martin ratioReturn relative to average drawdown | 1.64 | 1.72 | -0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| USMV | VZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.37 | 0.48 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.08 | +0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.19 | +0.48 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.20 | +0.66 |
Drawdowns
USMV vs. VZ - Drawdown Comparison
The maximum USMV drawdown since its inception was -33.10%, smaller than the maximum VZ drawdown of -50.66%. Use the drawdown chart below to compare losses from any high point for USMV and VZ.
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Drawdown Indicators
| USMV | VZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.10% | -50.66% | +17.56% |
Max Drawdown (1Y)Largest decline over 1 year | -6.46% | -13.32% | +6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -9.36% | -14.93% | +5.57% |
Max Drawdown (5Y)Largest decline over 5 years | -17.93% | -38.38% | +20.45% |
Max Drawdown (10Y)Largest decline over 10 years | -33.10% | -41.21% | +8.11% |
Current DrawdownCurrent decline from peak | -2.24% | -10.23% | +7.99% |
Average DrawdownAverage peak-to-trough decline | -2.88% | -14.83% | +11.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 6.24% | -4.30% |
Volatility
USMV vs. VZ - Volatility Comparison
The current volatility for iShares MSCI USA Min Vol Factor ETF (USMV) is 2.65%, while Verizon Communications Inc. (VZ) has a volatility of 6.15%. This indicates that USMV experiences smaller price fluctuations and is considered to be less risky than VZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USMV | VZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 6.15% | -3.50% |
Volatility (6M)Calculated over the trailing 6-month period | 6.02% | 17.91% | -11.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.57% | 22.59% | -14.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.36% | 21.61% | -9.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 20.34% | -5.83% |
Dividends
USMV vs. VZ - Dividend Comparison
USMV's dividend yield for the trailing twelve months is around 1.54%, less than VZ's 6.08% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
USMV iShares MSCI USA Min Vol Factor ETF | 1.54% | 1.49% | 1.67% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% |
VZ Verizon Communications Inc. | 6.08% | 6.68% | 6.68% | 6.96% | 6.53% | 4.85% | 4.21% | 3.95% | 4.22% | 4.39% | 4.26% | 4.79% |
Frequently Asked Questions
USMV and VZ have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VZ has higher volatility (6.15%) compared to USMV (2.65%). In terms of maximum drawdown, USMV dropped -33.10% vs VZ's -50.66%.
VZ currently has the higher Sharpe Ratio (0.48 vs 0.37), 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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