iShares ESG MSCI USA Min Vol Factor ETF (ESMV) Performance
ESMV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.7% since Dec 31, 2025
- 1 year
- +12.3% total return
- 3 years
- +14.6% a year
- Since first price
- +6.7% a year since 2021
ESMV trailing returns vs SPY, QQQ, AGG
| Period | ESMV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.8% | +3.8% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.9% | +6.5% | +3.2% | +1.9% | −0.4% |
| 6 months | +11.0% | +10.3% | +7.8% | +8.4% | −1.5% |
| YTD | +12.7% | +11.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +12.3% | +10.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +50.3%+14.6%/yr | +43.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionNov 4, 2021 | +38.2%+6.7%/yr | +27.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ESMV vs SPY
From Nov 4, 2021: ESMV grew to $13,822, SPY to $17,403.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ESMV returns by calendar year
3 of 4 full years positive. Best 2024 (+13.1%), worst 2022 (−11.1%). 2026 is year to date.
ESMV annual returns table
| Year | ESMV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.7% | −7.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +5.3% | −10.4% | +17.7% | +20.8% | +7.2% |
| 2024 | +13.1% | −6.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.2% | −8.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −11.1% | −19.3% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ESMV largest drawdowns
Now 0.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 31, 2021 | −19.8% | Oct 12, 2022 | Jan 8, 2024 | 9 months | 2.0 years |
| Nov 29, 2024 | −12.2% | Apr 8, 2025 | Nov 13, 2025 | 4 months | 11 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ESMV risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +12.1% | +6.5% |
| Volatility (annualized) | 10.3% | 13.1% |
| Sharpe ratio | 0.74 | 0.26 |
| Sortino ratio | 1.14 | 0.38 |
| Best month | +7.8% | +8.4% |
| Worst month | −6.5% | −7.9% |
| Best 12 months | +27.9% | +27.9% |
| Worst 12 months | −1.0% | −11.1% |
| Positive months | 69% | 60% |
| Beta vs S&P 500 | 0.61 | — |
| Correlation with S&P 500 | 0.74 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ESMV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 48 | −11.1% | +8.9% | +27.9% | 88% |
| 3-year (a year) | 24 | +4.1% | +9.9% | +14.4% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
ESMV performance overview
iShares ESG MSCI USA Min Vol Factor ETF (ESMV) returned +12.3% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned +6.7% a year, turning $10,000 into about $13,822. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.8%, from Dec 31, 2021 to Oct 12, 2022, and it took 1.2 years to get back to the old high. ESMV finished 3 of its 4 full calendar years with a gain; the best year was 2024 (+13.1%) and the worst 2022 (−11.1%). Volatility has been 13.1% a year.
Related: ESMV chart, ESMV holdings, ESMV dividends, ESMV valuation. See the ESMV overview for the latest quote and fund facts.
ESMV performance FAQ
What is the ESMV return over the past year?
ESMV returned +12.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 10.7%.
How much would $10,000 invested in ESMV be worth?
$10,000 invested in ESMV at its first recorded close on November 4, 2021 would be worth about $13,822 on October 23, 2026 with distributions reinvested.
What was the worst year for ESMV?
The worst calendar year was 2022, with a total return of −11.1%. The best was 2024 at +13.1%.
What is the biggest drawdown of ESMV?
The largest peak-to-trough decline was −19.8% between December 31, 2021 and October 12, 2022. It recovered to the old high on January 8, 2024, 1.2 years after the bottom.
How volatile is ESMV?
Over the past 3 years ESMV had an annualized volatility of 10.3% and a Sharpe ratio of 0.74 (excess return over 1–3 month T-bills per unit of risk).