USMVvsPFMETF Comparison
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iShares MSCI USA Min Vol Factor ETF (USMV) belongs to the US Low Volatility segment. Invesco Dividend Achievers ETF (PFM) is part of the US High Dividend segment. Both ETFs have the same top 3 sector exposures: Information Technology, Health Care and Financials. USMV is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.52% for PFM. USMV is down -0.24% year-to-date (YTD) with +$35M in YTD flows. PFM performs better with 4.08% YTD performance, and -$26M in YTD flows. Run a side-by-side ETF comparison of USMV and PFM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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USMV vs PFM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/27/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | USMV PFM | +2.64%+6.52% | -1.46%+1.54% | -0.24%+4.08% | +4.30%+21.46% | +34.23%+51.44% | +41.18%+63.01% |
| Flows | USMV PFM | -$112M-$4M | -$68M-$16M | +$35M-$26M | -$1.53B-$40M | -$12.84B-$169M | -$13.05B-$127M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | USMV PFM | +9.21%+11.47% | +8.64%+10.05% | +10.10%+11.92% | +12.22%+13.57% |
| Max drawdown | USMV PFM | -6.41%-7.08% | -6.41%-7.08% | -9.29%-14.65% | -17.91%-17.94% |
| Max drawdown duration | USMV PFM | 57d75d | 57d75d | 75d128d | 713d561d |
Trading data
USMV | PFM | |
Last sale 4/28/2026 at 7:25 PM | $93.72 | $53.40 |
| Previous close 04/27/2026 | $93.57 | $53.61 |
| Consolidated volume 04/27/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
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USMV | PFM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/28/2026 at 7:25 PM
Live
Closed
USMV | PFM | |
|---|---|---|
| Last price | $93.72 | $53.40 |
| 1D performance | +0.15% | -0.39% |
| AuM | $22.67 B | $754.25 M |
| E/R | 0.15% | 0.52% |
Characteristics
USMV | PFM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Invesco |
| Benchmark | MSCI USA Minimum Volatility Index | NASDAQ US Broad Dividend Achievers Index |
| N° of holdings | 165 | 425 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 18, 2011 | September 15, 2005 |
| ESG | No | No |
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Exposure
Countries
USMV
USA
93.47%
Other
6.53%
PFM
USA
96.16%
Other
3.84%
Sectors
USMV
Information Techn.
28.67%
Health Care
13.36%
Financials
11.81%
Consumer Staples
9.9%
Utilities
7.7%
Industrials
7.1%
Other
21.47%
PFM
Information Techn.
24.81%
Health Care
15.75%
Financials
13.83%
Consumer Staples
12.27%
Industrials
11.04%
Other
22.3%
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Diversification
USMV
Total weight of top 15 holdings out of 15
22.71%
PFM
Total weight of top 15 holdings out of 15
38.59%
Top 15 holdings
Data as of March 31, 2026
USMV
EXXON
1.79%
DUKE ENERGY
1.60%
VERIZON COMMUNICATIONS
1.58%
CISCO-T
1.56%
SOUTHERN
1.56%
JOHNSON&JOHNSON
1.55%
CHUBB LTD
1.52%
WASTE MANAGEMENT
1.48%
MOTOROLA SOLUTIONS
1.46%
BERKSHIRE HATHWAY
1.46%
NVIDIA
1.46%
VERTEX PHARMACEUTICALS
1.45%
MICROSOFT-T
1.44%
MCKESSON
1.41%
CONSOLIDATED EDISON
1.39%
PFM
APPLE
4.05%
BROADCOM LIMITED
4.04%
MICROSOFT-T
3.90%
WALMART INC
3.86%
LILLY
3.26%
JPMORGAN CHASE
3.00%
EXXON
2.81%
JOHNSON&JOHNSON
2.28%
VISA INCORPORATION
1.96%
COSTCO WHOLESALE
1.72%
MASTERCARD
1.69%
CHEVRON TEXACO
1.66%
ORACLE SYS
1.58%
ABBVIE
1.46%
BK OF AMERICA CO
1.33%
Frequently asked questions about USMV and PFM
How have the USMV and PFM ETFs performed in 2026?
As of April 27, 2026, USMV is down -0.24% year-to-date (YTD), while PFM has returned 4.08%. That puts PFM better performer ahead so far this year.
Which ETF is attracting more investor money: USMV or PFM?
Year-to-date, the USMV ETF saw +$35M in flows, compared to -$26M for PFM.
Which ETF is more volatile: USMV or PFM?
Over the past year, USMV had a volatility of 8.64%, while PFM experienced 10.05%.
Which ETF is bigger: USMV or PFM?
As of April 27, 2026, USMV holds $22.67 B in assets under management (AUM), while PFM manages $754.25 M.
What sectors do the USMV and PFM ETFs invest in?
USMV leans toward sectors like Information Technology, Health Care and Financials. Meanwhile, PFM focuses on Information Technology, Health Care and Financials.
What are the top holdings of the USMV ETF and PFM ETF?
USMV top holdings include EXXON, DUKE ENERGY and VERIZON COMMUNICATIONS. PFM holds in its top three: APPLE, BROADCOM LIMITED and MICROSOFT-T.
Which ETF is more diversified: USMV or PFM?
USMV holds 171 securities with 22.71% of its assets in the top 15. PFM has 430 securities and a top 15 weight of 38.59%.
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