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ZIG vs. USMV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

ZIG vs. USMV

Last updated Jul 17, 2026
Documentation

ZIG (Acquirers Fund) and USMV (iShares MSCI USA Min Vol Factor ETF) are both Large Cap Blend Equities funds - ZIG tracks the Acquirer's Index while USMV tracks the MSCI USA Minimum Volatility Index. Both are passively managed. Over the past 5 years, ZIG returned 9.19%/yr vs 6.96%/yr for USMV. A 0.64 correlation means they provide meaningful diversification when combined. ZIG charges 1.85%/yr vs 0.15%/yr for USMV.

Performance

ZIG vs. USMV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Acquirers Fund (ZIG) 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, ZIG achieves a 9.71% return, which is significantly higher than USMV's 3.90% return.

ZIG

1D
1.35%
1M
0.58%
6M
3.02%
YTD
9.71%
1Y
12.48%
3Y*
10.26%
5Y*
9.19%
10Y*
—

USMV

1D
1.08%
1M
1.27%
6M
3.44%
YTD
3.90%
1Y
6.27%
3Y*
11.14%
5Y*
6.96%
10Y*
9.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZIG vs. USMV - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
ZIG
Acquirers Fund		9.71%-2.67%11.34%36.70%-17.34%37.38%-15.76%10.14%
USMV
iShares MSCI USA Min Vol Factor ETF		3.90%7.65%15.74%10.33%-9.43%20.85%5.64%12.90%

Correlation

The correlation between ZIG and USMV is 0.51, 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

0.51

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

0.56

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

0.66

Correlation (All Time)
Calculated using the full available price history since May 15, 2019

0.64

The correlation between ZIG and USMV shifts across timeframes, from 0.51 (1 year) to 0.66 (5 years), reflecting how their relationship changes across market environments.

ZIG vs. USMV - Sectors Allocation Comparison

Sectors
ZIG
USMV

Consumer Cyclical

39.9%
5.7%

Energy

14.6%
2.7%

Basic Materials

10.3%
2.4%

Industrials

10.2%
6.1%

Consumer Defensive

10.1%
9.4%

Financial Services

6.9%
11.7%

Healthcare

4.2%
12.6%

Technology

3.8%
33.9%

Communication Services

-

6.2%

Real Estate

-

2.5%

Utilities

-

6.9%

Consumer Cyclical

ZIG
39.9%
USMV
5.7%

Energy

ZIG
14.6%
USMV
2.7%

Basic Materials

ZIG
10.3%
USMV
2.4%

Industrials

ZIG
10.2%
USMV
6.1%

Consumer Defensive

ZIG
10.1%
USMV
9.4%

Financial Services

ZIG
6.9%
USMV
11.7%

Healthcare

ZIG
4.2%
USMV
12.6%

Technology

ZIG
3.8%
USMV
33.9%

Communication Services

ZIG

-

USMV
6.2%

Real Estate

ZIG

-

USMV
2.5%

Utilities

ZIG

-

USMV
6.9%

Compare stocks, funds, or ETFs

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

Acquirers Fund

iShares MSCI USA Min Vol Factor ETF

Often compared with ZIG:
ZIG vs. DEEPZIG vs. SPYZIG vs. VOOZIG vs. QQQZIG vs. VOTEZIG vs. IWMZIG vs. PVAL
Often compared with USMV:
USMV vs. SPLVUSMV vs. SPYUSMV vs. VOOUSMV vs. QUALUSMV vs. VFMVUSMV vs. ACWVUSMV vs. VTI

Return for Risk

ZIG vs. USMV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
ZIG
ZIG Risk / Return Rank: 2626
Overall Rank
ZIG Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
ZIG Sortino Ratio Rank: 2727
Sortino Ratio Rank
ZIG Omega Ratio Rank: 2424
Omega Ratio Rank
ZIG Calmar Ratio Rank: 2626
Calmar Ratio Rank
ZIG Martin Ratio Rank: 2828
Martin Ratio Rank
USMV
USMV Risk / Return Rank: 2525
Overall Rank
USMV Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
USMV Sortino Ratio Rank: 2323
Sortino Ratio Rank
USMV Omega Ratio Rank: 2222
Omega Ratio Rank
USMV Calmar Ratio Rank: 2525
Calmar Ratio Rank
USMV Martin Ratio Rank: 2929
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.

ZIG vs. USMV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Acquirers Fund (ZIG) 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.

ZIGUSMVDifference
Sharpe ratioReturn per unit of total volatility
0.73
0.74

-0.01

Sortino ratioReturn per unit of downside risk
1.26
1.10

+0.16

Omega ratioGain probability vs. loss probability

1.14

1.13

+0.01

Calmar ratioReturn relative to maximum drawdown

1.01

0.98

+0.04

Martin ratioReturn relative to average drawdown

2.99

3.18

-0.19

ZIG vs. USMV - Sharpe Ratio Comparison

The current ZIG Sharpe Ratio is 0.73, which is comparable to the USMV Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of ZIG 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

ZIG vs. USMV - Drawdown Comparison

The maximum ZIG drawdown since its inception was -37.14%, which is greater than USMV's maximum drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for ZIG and USMV.

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Drawdown Indicators

ZIGUSMVDifference

Max Drawdown

Largest peak-to-trough decline

-37.14%

-33.10%

-4.04%

Max Drawdown (1Y)

Largest decline over 1 year

-12.38%

-6.46%

-5.92%

Max Drawdown (3Y)

Largest decline over 3 years

-29.75%

-9.36%

-20.39%

Max Drawdown (5Y)

Largest decline over 5 years

-29.75%

-17.93%

-11.82%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.10%

—

Current Drawdown

Current decline from peak

-4.74%

-1.24%

-3.50%

Average Drawdown

Average peak-to-trough decline

-9.68%

-2.87%

-6.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.19%

1.98%

+2.21%

Volatility

ZIG vs. USMV - Volatility Comparison

Acquirers Fund (ZIG) has a higher volatility of 3.44% compared to iShares MSCI USA Min Vol Factor ETF (USMV) at 3.00%. This indicates that ZIG'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

ZIGUSMVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.44%

3.00%

+0.44%

Volatility (6M)

Calculated over the trailing 6-month period

9.26%

6.41%

+2.85%

Volatility (1Y)

Calculated over the trailing 1-year period

17.12%

8.53%

+8.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.48%

12.38%

+8.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.01%

14.50%

+7.51%

ZIG vs. USMV - Expense Ratio Comparison

ZIG has a 1.85% expense ratio, which is higher than USMV's 0.15% expense ratio.

Dividends

ZIG vs. USMV - Dividend Comparison

ZIG's dividend yield for the trailing twelve months is around 1.74%, more than USMV's 1.49% yield.

PositionTTM20252024202320222021202020192018201720162015
USMV
iShares MSCI USA Min Vol Factor ETF		1.49%1.49%1.67%1.82%1.62%1.26%1.81%1.88%2.12%1.77%2.22%2.02%
ZIG
Acquirers Fund		1.74%1.91%1.96%1.07%1.26%0.18%0.18%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

ZIG and USMV have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ZIG has higher volatility (3.44%) compared to USMV (3.00%). In terms of maximum drawdown, ZIG dropped -37.14% vs USMV's -33.10%.

On 5-year performance, ZIG leads with 9.19% vs 6.96% for USMV. On fees, USMV is cheaper at 0.15% per year. On volatility, USMV has been the lower-risk option at 3.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, ZIG has performed better with a 9.19% return vs 6.96%. 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 1.85% for ZIG.

ZIG has the higher dividend yield at 1.74%, compared with 1.49% for USMV.

ZIG tracks Acquirer's Index, while USMV tracks MSCI USA Minimum Volatility Index. They also come from different issuers: Acquirers Funds and iShares. Their fees differ too: 1.85% for ZIG and 0.15% for USMV.

USMV currently has the higher Sharpe Ratio (0.74 vs 0.73), 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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