ESMV
iShares ESG MSCI USA Min Vol Factor ETF
ESMV tracks an index of large- and midcap US stocks that have low volatility and positive ESG characteristics.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
13.4 M
ASSETS UNDER MGMT
18 bp
EXPENSES
Fund Basics
| Fund sponsor | Blackrock |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 02, 2021 |
| Assets (mns) | $13 |
| Expense ratio | 18 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Quarterly |
| Taxation | 1099 |
| Stock selection | Multi-Factor |
| Weighting | Multi-Factor |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| MOTOROLA SOLUTIONS | 1.8 % |
| INTL BUSINESS MACHINES CORP | 1.7 % |
| WW GRAINGER INC | 1.7 % |
| PUBLIC SERVICE ENTERPRISE GP | 1.7 % |
| T-MOBILE US, INC. | 1.7 % |
| TRAVELERS COS INC/THE | 1.6 % |
| NVIDIA CORP | 1.6 % |
| CISCO SYSTEMS INC | 1.5 % |
| WASTE MANAGEMENT INC | 1.5 % |
| AUTOMATIC DATA PROCESSING | 1.4 % |
Constituent Breakdown
| Number of holdings | 151 |
| Herfindahl-Hirschman Index | 100 |
| Wgt avg mkt cap (mns) | $204,634 |
| Large cap (>$10bn) | 98.4% |
| Mid cap ($2-10bn) | 0.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 99.5% |
| Emerging mkts. | 0.5% |
Country Exposure
 |
UNITED STATES | 92.7 % |
 |
IRELAND | 3.2 % |
 |
BRITAIN | 1.0 % |
Historical Performance
Standardized Performance (as of 10/31/2024)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 14.3% | 27.3% | 14.8% | -- | -- | -- | 4.8% | Volatility | 8.7% | 9.0% | 10.7% | -- | -- | -- | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.78 | 87% |
| MSCI EAFE | 0.72 | 73% |
| MSCI Emg Mkts | 0.50 | 36% |
Liquidity Measures
| Avg. volume (000) | 12 |
| Turnover | 2.7% |
| Avg. Bid/Ask (% of price) | 0.09% |
| ADV of underlying (mns) | $132,562 |
Technical Indicators
| Recent close | $29.70 |
| 30d moving avg. | $28.76 |
| Annualized volatility | 14.8% |
| Relative strength (RSI) | 49 |
| Short interest (ETF) | 0.1% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ESMV |
Expenses vs. ESMV |
ALTAR Score™ vs. ESMV |
|---|---|---|---|---|
| USMV | iShares MSCI USA Min Vol Factor ETF | 57.7% | -3 bp | 0.0% |
| SUSA | iShares MSCI USA ESG Select ETF | 42.8% | +7 bp | -0.6% |
| QUS | SPDR MSCI USA StrategicFactors ETF | 42.2% | -3 bp | +0.1% |
| EVUS | iShares ESG Aware MSCI USA Value ETF | 39.2% | 0 bp | +0.7% |
| ACWV | iShares MSCI Global Min Vol Factor ETF | 39.1% | +2 bp | +0.7% |
| FDLO | Fidelity Low Volatility Factor ETF | 38.1% | -3 bp | -0.3% |
| ROUS | Hartford Multifactor US Equity ETF | 37.4% | +1 bp | +0.8% |
| ESGU | iShares ESG Aware MSCI USA ETF | 37.0% | -3 bp | -0.6% |
| JQUA | JPMorgan U.S. Quality Factor ETF | 34.5% | -6 bp | +0.1% |
| WOMN | Impact Shares YWCA Women's Empowerment ETF | 34.4% | +57 bp | -1.0% |
Risk and Returns: ESMV vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 11/25/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
ESMV
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
ESMV
5.5%
Cat. Avg
5.3%
ALTAR Score™ Calculation
Category Overview
There are 975 funds in the US Equity category, with an average ALTAR Score™
of 5.3% and a standard deviation of
2.3%. ESMV's ALTAR Score™ is approximately
0.1 standard deviations
above
the category average. This places ESMV in the 54th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ESMVSELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Rules-Based US Equity ETFs |
| # of ETFs | 609 |
| Avg. Expense Ratio | 46.6 bp |
| Std. Deviation | 32.9 bp |
| ESMV (18 bp) Percentile rank | 19 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| ESMV | 18.0 | 8.9 | 26.9 |
| Peer Avg. | 35.8 | 15.0 | 50.9 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .