Keep tabs on your favorite ETFs with a personalized weekly tracker. Create a Watchlist now →
USMVvsPYETF Comparison
iShares MSCI USA Min Vol Factor ETF (USMV) belongs to the US Low Volatility segment. Principal Value ETF (PY) is part of the US Large Cap Value segment. USMV's top 3 sector exposures are Information Technology, Health Care and Financials. In contrast, PY's top sector exposures are Information Technology, Financials and Health Care. Both USMV and PY have the same Total Expense Ratio (TER) of 0.15%. USMV is up 0.89% year-to-date (YTD) with -$50M in YTD flows. PY performs worse with -0.19% YTD performance, and +$74M in YTD flows. Run a side-by-side ETF comparison of USMV and PY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
USMV vs PY performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | USMV PY | -0.22%-3.20% | +0.87%-1.82% | +0.89%-0.19% | +5.79%+10.17% | +44.28%+43.97% | +51.36%+47.36% |
| Flows | USMV PY | -$114M+$8M | +$129M+$77M | -$50M+$74M | -$1.36B-$114M | -$12.78B+$149M | -$14.25B+$180M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | USMV PY | +7.38%+10.12% | +12.12%+16.79% | +10.13%+14.04% | +12.21%+15.93% |
| Max drawdown | USMV PY | -2.85%-3.43% | -8.88%-13.47% | -9.29%-17.91% | -17.91%-18.43% |
| Max drawdown duration | USMV PY | 11d31d | 43d95d | 75d263d | 713d695d |
USMV | PY | |
Last sale 3/13/2026 at 1:30 PM | $95.07 | $51.18 |
| Previous close 03/12/2026 | $94.99 | $51.40 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
USMV | PY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
USMV | PY | |
|---|---|---|
| Last price | $95.07 | $51.18 |
| 1D performance | +0.08% | -0.41% |
| AuM | $22.94 B | $197.19 M |
| E/R | 0.15% | 0.15% |
USMV | PY | |
|---|---|---|
| Management strategy | Passive | Active |
| Provider | iShares | Principal Global Investors |
| Benchmark | MSCI USA Minimum Volatility Index | - |
| N° of holdings | 165 | 97 |
| Asset class | Equities | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 18, 2011 | March 21, 2016 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the USMV and PY ETFs performed in 2026?
As of March 12, 2026, USMV is up 0.89% year-to-date (YTD), while PY has lost -0.19%. That puts USMV better performer ahead so far this year.
Which ETF is attracting more investor money: USMV or PY?
Year-to-date, the USMV ETF saw -$50M in flows, compared to +$74M for PY.
Which ETF is more volatile: USMV or PY?
Over the past year, USMV had a volatility of 12.12%, while PY experienced 16.79%.
Which ETF is bigger: USMV or PY?
As of March 12, 2026, USMV holds $22.94 B in assets under management (AUM), while PY manages $197.19 M.
What sectors do the USMV and PY ETFs invest in?
USMV leans toward sectors like Information Technology, Health Care and Financials. Meanwhile, PY focuses on Information Technology, Financials and Health Care.
What are the top holdings of the USMV ETF and PY ETF?
USMV top holdings include EXXON, JOHNSON&JOHNSON and CISCO-T. PY holds in its top three: APPLE, AMAZON.COM INC and PROCTERGAMBLE.
Which ETF is more diversified: USMV or PY?
USMV holds 171 securities with 22.79% of its assets in the top 15. PY has 98 securities and a top 15 weight of 30.68%.
ETF Comparison: Invesco S&P 500 Low Volatility ETF (SPLV) Versus iShares MSCI USA Min Vol Factor ETF (USMV)
Tony's ETF Buyer's Guide: Low Volatility and Minimum Volatility ETFs
ETF Central Guide: All You Need to Know About Factor Investing
Low Volatility Versus Minimum Volatility ETFs: What's The Difference?
Low Volatility Versus Minimum Volatility ETFs: What's The Difference?
Low Volatility U.S. ETFs: How do they work?
Active Trader Report: Use of Leveraged & Inverse ETFs Way Up
Direxion partnered with Compound Insights and Vanda to explore what’s driving the evolution of active trading — and how active traders are using leveraged and inverse funds across equities, single stocks, commodities, and volatility.
