SPLV vs USMV

Invesco S&P 500 Low Volatility ETF vs iShares MSCI USA Min Vol Factor ETF

Quick take
  • USMV has the lower expense ratio at 0.15% vs 0.25% for SPLV.
  • SPLV pays a higher dividend yield (2.11%).

Side-by-side metrics

MetricSPLVUSMV
Expense ratio
Annual fee. Lower is better.
0.25%0.15%
Dividend yield
Trailing 12-month yield.
2.11%1.55%
AUM
Assets under management — bigger funds are typically more liquid.
$7.23B$22.86B
YTD return
3.44%0.23%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.450.50
P/E ratio
22.0422.96
Last price
$73.12$94.28
Inception
Issuer
InvescoiShares

SPLV top holdings

Top holdings · SPLV
CNPCenterPoint Energy Inc1.35%
WECWEC Energy Group Inc1.35%
PNWPinnacle West Capital Corp1.35%
SOSouthern Co1.34%
ATOAtmos Energy Corp1.34%
AEEAmeren Corp1.34%
DTEDTE Energy Co1.33%
EVRGEvergy Inc1.31%
LNTAlliant Energy Corp1.31%
DUKDuke Energy Corp1.30%
Sector breakdown · SPLV
Real Estate14.8%
Consumer Cyclical5.7%
Basic Materials2.0%
Consumer Defensive10.8%
Technology4.6%
Communication Services0.9%
Financial Services16.6%
Utilities26.8%
Industrials10.1%
Energy0.9%
Healthcare6.8%

USMV top holdings

Top holdings · USMV
CSCOCisco Systems Inc1.81%
NVDANVIDIA Corp1.64%
XOMExxon Mobil Corp1.60%
MSFTMicrosoft Corp1.56%
DUKDuke Energy Corp1.55%
SOSouthern Co1.53%
APHAmphenol Corp Class A1.50%
CBChubb Ltd1.49%
VZVerizon Communications Inc1.49%
WMWaste Management Inc1.47%
Sector breakdown · USMV
Real Estate2.2%
Consumer Cyclical6.3%
Basic Materials2.2%
Consumer Defensive10.0%
Technology29.6%
Communication Services5.9%
Financial Services13.7%
Utilities7.6%
Industrials6.2%
Energy3.5%
Healthcare12.7%

About SPLV

SPLV (Invesco S&P 500 Low Volatility ETF) is 100 lowest-volatility S&P 500 stocks. Managed by Invesco, the fund carries $7.2B in assets under management, an expense ratio of 0.25%, a dividend yield of 2.11%. Its largest holding is CenterPoint Energy Inc (CNP), which represents 1.4% of the portfolio. Real Estate is the fund's largest sector exposure at 14.8%.

About USMV

USMV (iShares MSCI USA Min Vol Factor ETF) is US stocks selected for lower volatility. Managed by iShares, the fund carries $22.9B in assets under management, an expense ratio of 0.15%, a dividend yield of 1.55%. Its largest holding is Cisco Systems Inc (CSCO), which represents 1.8% of the portfolio. Real Estate is the fund's largest sector exposure at 2.2%.