VSMV vs. USMV
Compare and contrast key facts about VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and iShares Edge MSCI Min Vol USA ETF (USMV).
VSMV and USMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VSMV is a passively managed fund by Crestview that tracks the performance of the Nasdaq Victory Multi-Factor Minimum Volatility Index. It was launched on Jun 22, 2017. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011. Both VSMV and USMV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VSMV or USMV.
Key characteristics
| VSMV | USMV | |
|---|---|---|
| YTD Return | 19.93% | 20.86% |
| 1Y Return | 24.47% | 26.81% |
| 3Y Return (Ann) | 9.00% | 7.86% |
| 5Y Return (Ann) | 10.95% | 9.66% |
| Sharpe Ratio | 2.93 | 3.37 |
| Sortino Ratio | 4.07 | 4.78 |
| Omega Ratio | 1.56 | 1.64 |
| Calmar Ratio | 5.00 | 5.64 |
| Martin Ratio | 17.48 | 21.98 |
| Ulcer Index | 1.47% | 1.29% |
| Daily Std Dev | 8.76% | 8.38% |
| Max Drawdown | -31.33% | -33.10% |
| Current Drawdown | -0.31% | -0.35% |
Correlation
The correlation between VSMV and USMV is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
VSMV vs. USMV - Performance Comparison
The year-to-date returns for both investments are quite close, with VSMV having a 19.93% return and USMV slightly higher at 20.86%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VSMV vs. USMV - Expense Ratio Comparison
VSMV has a 0.35% expense ratio, which is higher than USMV's 0.15% expense ratio.
Risk-Adjusted Performance
VSMV vs. USMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) and iShares Edge MSCI Min Vol USA 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.
Dividends
VSMV vs. USMV - Dividend Comparison
VSMV's dividend yield for the trailing twelve months is around 1.35%, less than USMV's 1.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF | 1.35% | 1.77% | 1.99% | 1.36% | 2.01% | 2.00% | 2.42% | 1.14% | 0.00% | 0.00% | 0.00% | 0.00% |
USMV iShares Edge MSCI Min Vol USA ETF | 1.61% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% | 1.88% | 2.18% |
Drawdowns
VSMV vs. USMV - Drawdown Comparison
The maximum VSMV drawdown since its inception was -31.33%, smaller than the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for VSMV and USMV. For additional features, visit the drawdowns tool.
Volatility
VSMV vs. USMV - Volatility Comparison
VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) has a higher volatility of 3.07% compared to iShares Edge MSCI Min Vol USA ETF (USMV) at 2.74%. This indicates that VSMV'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.