Risk Mitigation & Minimum Volatility Screener

Low Volatility ETFs 2026

Discover and compare top Low Volatility ETFs. Screen strategies that aim to participate in equity market gains with lower standard deviation and smaller drawdowns; results are not guaranteed.

Total Funds

Low Volatility ETFs tracked

Total AUM

$57.38B

Combined assets under management

Median Yield

2.13%

Trailing 12-month median payout

Average Expense Ratio

0.29%

Lowest fee starts at 0.12% (LGLV)

Low Volatility ETFs Highlights & Top Assets by AUM

Largest by AUM

USM

USMV

iShares MSCI USA Min Vol Factor ETF

AUM $24.00B

Fee 0.15%

3-Mo TR +7.9%

BlackRock, Inc. Analyze fund

#2 by AUM

SPL

SPLV

Invesco S&P 500 Low Volatility ETF

AUM $7.22B

Fee 0.25%

3-Mo TR +0.5%

Invesco Analyze fund

#3 by AUM

EFA

EFAV

iShares MSCI EAFE Min Vol Factor ETF

AUM $5.47B

Fee 0.20%

3-Mo TR +5.8%

BlackRock, Inc. Analyze fund

Low Volatility ETFs Directory

Showing 1–20 of 23 funds

Ticker / Fund Name	Issuer	Segment	AUM	Expense Ratio	3-Mo TR	Div. Yield (TTM)	Annual Payout	5Y Div Growth	Div Streak	Action
USMV BlackRock, Inc. iShares MSCI USA Min Vol Factor ETF	BlackRock, Inc.	Broad-market stocks (US)	$24.00B	0.15%	+7.9%	1.45%	$1.41	2.67%	-	Analyze
SPLV Invesco Invesco S&P 500 Low Volatility ETF	Invesco	Large-cap stocks (US)	$7.22B	0.25%	+0.5%	2.13%	$1.50	10.04%	1 y	Analyze
EFA EFAV BlackRock, Inc. iShares MSCI EAFE Min Vol Factor ETF	BlackRock, Inc.	Broad-market stocks (developed markets ex-North America)	$5.47B	0.20%	+5.8%	3.14%	$2.86	12.14%	3 y	Analyze
EEM EEMV BlackRock, Inc. iShares MSCI Emerging Markets Min Vol Factor ETF	BlackRock, Inc.	Broad-market stocks (emerging markets)	$3.52B	0.25%	-1.2%	2.19%	$1.62	2.56%	-	Analyze
ACW ACWV BlackRock, Inc. iShares MSCI Global Min Vol Factor ETF	BlackRock, Inc.	Broad-market stocks (global)	$3.42B	0.20%	+6.9%	1.93%	$2.36	7.69%	-	Analyze
SPHD Invesco Invesco S&P 500 High Dividend Low Volatility ETF	Invesco	Large-cap stocks (US)	$3.30B	0.30%	-0.1%	5.12%	$2.47	9.72%	1 y	Analyze
GLO GLOV Goldman Sachs Goldman Sachs ActiveBeta(R) World Low Vol Plus Equity ETF	Goldman Sachs	Broad-market stocks (developed markets)	$2.00B	0.15%	+4.9%	2.14%	$1.27	-	1 y	Analyze
BDV BDVL BlackRock, Inc. iShares Disciplined Volatility Equity Active ETF	BlackRock, Inc.	Broad-market stocks (global)	$1.79B	0.39%	+3.1%	4.36%	$1.14	-	-	Analyze
FDL FDLO Fidelity Fidelity® Low Volatility Factor ETF	Fidelity	Broad-market stocks (US)	$1.51B	0.15%	+6.8%	1.41%	$0.99	11.59%	4 y	Analyze
LGL LGLV State Street SPDR® SSGA US Large Cap Low Volatility Index ETF	State Street	Large-cap stocks (US)	$1.17B	0.12%	+2.4%	1.66%	$2.89	9.47%	7 y	Analyze
XMLV Invesco Invesco S&P MidCap Low Volatility ETF	Invesco	Mid-cap stocks (US)	$708.06M	0.25%	-3.1%	3.17%	$2.00	25.51%	4 y	Analyze
LVH LVHD Franklin Templeton Franklin U.S. Low Volatility High Dividend Index ETF	Franklin Templeton	Broad-market stocks (US)	$617.53M	0.27%	+1.3%	2.76%	$1.14	6.16%	-	Analyze
VFM VFMV Vanguard Vanguard U.S. Minimum Volatility	Vanguard	Broad-market stocks (US)	$495.66M	0.13%	+4.7%	1.38%	$1.96	7.68%	1 y	Analyze
EEL EELV Invesco Invesco S&P Emerging Markets Low Volatility ETF	Invesco	Broad-market stocks (emerging markets)	$393.82M	0.29%	+0.2%	4.37%	$1.22	7.66%	1 y	Analyze
TPS TPSC Timothy Plan Timothy Plan US Small Cap Core ETF	Timothy Plan	Small-cap stocks (US)	$343.12M	0.52%	-2.2%	0.98%	$0.44	14.94%	3 y	Analyze
IDL IDLV Invesco Invesco S&P International Developed Low Volatility ETF	Invesco	Broad-market stocks (developed markets ex-US)	$329.55M	0.25%	+0.7%	4.20%	$1.44	17.81%	1 y	Analyze
SMM SMMV BlackRock, Inc. iShares MSCI USA Small-Cap Min Vol Factor ETF	BlackRock, Inc.	Small-cap stocks (US)	$274.62M	0.20%	+0.9%	1.24%	$0.55	10.25%	4 y	Analyze
TPI TPIF Timothy Plan Timothy Plan International ETF	Timothy Plan	Large-cap stocks (developed markets ex-US)	$265.34M	0.62%	-1.0%	2.40%	$0.89	12.61%	3 y	Analyze
SML SMLV State Street SPDR® SSGA US Small Cap Low Volatility Index ETF	State Street	Small-cap stocks (US)	$247.92M	0.12%	-1.0%	2.42%	$3.63	8.75%	5 y	Analyze
XSLV Invesco Invesco S&P SmallCap Low Volatility ETF	Invesco	Small-cap stocks (US)	$231.20M	0.25%	-3.8%	1.53%	$0.75	20.47%	-	Analyze
THL THLV Thor Trading Advisors LLC THOR Financial Technologies Trust - THOR Low Volatility ETF	Thor Trading Advisors LLC	Large-cap stocks (US)	$55.99M	0.64%	-4.7%	1.70%	$0.53	-	1 y	Analyze
RNE RNEM First Trust First Trust Emerging Markets Equity Select ETF	First Trust	Broad-market stocks (emerging markets)	$17.11M	0.75%	+2.1%	1.24%	$0.68	12.08%	-	Analyze
QQL QQLV Invesco Invesco QQQ Low Volatility ETF	Invesco	Large-cap stocks (US)	$2.83M	0.25%	+5.6%	2.02%	$0.49	-	-	Analyze

Data as of November 2026. Ranked by AUM. This list was compiled by the Snowball Analytics team from publicly available sources. It may be incomplete, and figures may be delayed or contain errors; check them against the fund’s or company’s own documents. Inclusion in the list is not a recommendation to buy, sell or hold any security and is not investment advice. Past performance does not predict future results. This list is general information, not personalised to your circumstances. Snowball Analytics is a portfolio tracking tool, not a broker-dealer or investment adviser. Investing involves risk, including loss of principal.

Understanding Low Volatility ETFs: Minimum Variance & Downside Defense

Low Volatility ETFs select and weight equities demonstrating lower historical price fluctuations and lower covariance with the broader market. The strategy exploits the low-volatility anomaly, where lower-risk stocks often match or beat high-beta peers on a risk-adjusted basis.

Core Strategies & Segment Breakdowns

Minimum Variance Optimization

Funds like USMV mathematically optimize holding weights to achieve the lowest possible aggregate portfolio variance.

Pure Realized Volatility Ranking

Funds like SPLV select the 100 least volatile S&P 500 stocks over the trailing year and weight them inversely to volatility.

International Minimum Volatility

Strategies like EFAV applying risk-reduction algorithms across European and Asian equity markets.

How to Evaluate Low Volatility ETFs (Investor Checklist)

Understand Sector Weighting Bounds: Pure volatility ranking can cause excessive tilts into utilities or consumer staples unless strict sector constraints are enforced.
Analyze Upside / Downside Capture Ratios: Compare each fund's historical upside and downside capture ratios; the usual goal is lower downside capture relative to upside capture, but past ratios do not predict future results.
Examine Rebalancing Frequency: Frequent rebalancing can trigger turnover costs; quarterly or semi-annual schedules offer optimal efficiency.

Frequently Asked Questions About Low Volatility ETFs

What is the low-volatility anomaly in ETF investing?

The low-volatility anomaly is the empirical finding that portfolios of low-risk, defensive equities historically generate similar or superior risk-adjusted returns compared to high-beta, highly volatile stocks.

What are the main risks of Low Volatility ETFs?

During sharp momentum bull markets, low-volatility strategies lag broad indices. Additionally, defensive sectors like utilities carry sensitivity to rising interest rates.

Which Low Volatility ETFs currently have the highest AUM?

In this category, iShares MSCI USA Min Vol Factor ETF (USMV) leads with over $24.00B in Assets Under Management, offered by BlackRock, Inc..

How do USMV and SPLV differ in methodology?

USMV uses a mathematical optimizer with sector constraints to build the lowest-variance basket, whereas SPLV simply takes the 100 lowest-volatility stocks from the S&P 500 without sector caps.

How can I track my Low Volatility ETFs with Snowball Analytics?

Snowball Analytics connects directly to your brokerage accounts to automatically track dividend payouts, calculate time-weighted and money-weighted returns (TWR and IRR) against benchmarks, model sector weighting, and monitor risk metrics across all your Low Volatility ETFs holdings in one unified portfolio dashboard.

Explore More ETF Topics & Categories

High Dividend ETFs

Above-average yield & dividend growth

Income

ESG ETFs

Sustainable & ESG screened

ESG

Growth ETFs

Tech & capital appreciation

Growth

Value ETFs

Deep value & fundamental multiples

Value

Palladium ETFs

Automotive catalysts & platinum group

Metals

Silver Miners ETFs

Operating leverage to silver prices

Miners

Timber & Forestry ETFs

Timberland REITs & paper packaging

Timber

Copper ETFs

Electrification & global copper miners

Metals

Gold ETFs

Physical gold bullion & store of value

Gold

Commodity ETFs

Broad raw materials & roll yield

Commodities

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