SMMV ETF — iShares MSCI USA Small-Cap Min Vol Factor ETF

iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV)

Updated October 16, 2026.

SMMV is a low-cost ETF. its distribution rate is 1.61%, its trailing-12-month yield is 1.61%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 85/100 (Safe). Total return is 123.1% over the past 10.1 years, 198.1 points behind SPY at 321.2%.

This ETF tracks an MSCI index designed to identify small-capitalization U.S. stocks with lower volatility characteristics relative to the broader small-cap market, holding at least 80% of its assets in index component securities. The fund offers a modest current distribution rate paid quarterly, with an expense ratio of 0.20%. It may appeal to income-focused investors seeking exposure to small-cap equities with an emphasis on reduced price fluctuations.

SMMV performance versus SPY

Price and return data through 2026-10-16.

Total return is 123.1% over the past 10.1 years, 198.1 points behind SPY at 321.2%. Over the past year its total return — price change plus distributions reinvested — is 9.7%. Its deepest 1-year drawdown was 7.0%.

SMMV key facts

Distribution Safety Score™

85 · Safe

Safety-Adjusted Yield

1.37%

Issuer

iShares

Asset type

ETF

Asset class

Equity

Inception date

09/07/2016

Expense ratio

0.20%

Distribution rate

1.61%

Distribution frequency

Quarterly

Trailing yield

1.61%

Last close

$45.84 (as of 2026-10-16)

AUM

$272,944,614

Average volume

5283.0

Dividend

$0.184

Ex-dividend date

09/15/2026

Payment date

09/18/2026

Beta

0.48

How Dividend Vision calculates yield and returns

Distribution rate (1.61%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.61%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: iShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

SMMV risks and drawbacks

SMMV's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.0%.

Who may consider SMMV — and who may not

SMMV may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (SMMV pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on SMMV

• All tickers starting with S

Tagged: Small Caps.

Frequently asked questions

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