Currently, SPLV on its top end is tilted accordingly (30.04% Utilities, 28.31% Consumer Staples, 11.21% Health Care) while USMV demonstrates a bit more balance across the top end of the portfolio. Consumer Staples represents 17.83%, Health Care 17.17%, Industrials 11.36%, and Utilities 8.46% for those whom want to break down the individual nuances between these two products.
SPLV has a current yield of 3.01% and USMV 1.97%, so equity investors that are yield hungry as well as conscious about their overall portfolio beta/volatility exposure are also likely being drawn to these funds and this space given the atmosphere of where we have been in terms of bond yields.
iShares MSCI USA Minimum Volatility Index
For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at [email protected].