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Compare iShares Edge MSCI Min Vol USA Index ETF (XMS) vs iShares MSCI USA Minimum Volatility Index ETF (XMU) to find the best fit for your portfolio. XMS and XMU provide the same top sector exposures: Technology, Finance, and Healthcare. When evaluating costs, XMS features a management fee (MER) of 0.3%, compared to 0.3% for XMU. Performance-wise, XMS has returned 6.31% year-to-date with +$4 M in net flows, whereas XMU is at 8.78% with -$43 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
XMS
XMU
| AuM | $64.75 M | $360.68 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.33% | 0.33% |
| Tracking Difference | 0.32% | -0.11% |
Historical performance and flows
As of September 1, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XMS | +1.25% | +4.00% | +6.31% | +7.13% | +32.72% |
XMU | -0.22% | +4.50% | +8.78% | +9.02% | +42.09% | |
| Flows | XMS | +$2 M | +$12 M | +$4 M | +$12 M | +$4 M |
XMU | +$5 M | +$16 M | -$43 M | -$46 M | -$108 M |
XMS vs XMU exposure
Countries
XMS
USA
91.06%
Other
8.94%
XMU
USA
92.22%
Other
7.78%
Sectors
XMS
Technology
29.21%
Finance
14.32%
Healthcare
13.32%
Consumer Non-Cyclicals
10.90%
Other
32.25%
XMU
Technology
29.58%
Finance
14.51%
Healthcare
13.49%
Consumer Non-Cyclicals
11.04%
Other
31.38%
As of September 1, 2026
Top 10 Holdings
XMS
Microsoft Corp.
1.56%
Welltower, Inc.
1.56%
Amphenol Corp.
1.55%
Chubb Ltd.
1.52%
Johnson & Johnson
1.52%
Vertex Pharmaceuticals, Inc.
1.46%
Berkshire Hathaway, Inc.
1.45%
Duke Energy Corp.
1.44%
The Southern Co.
1.42%
Cisco Systems, Inc.
1.42%
XMU
Microsoft Corp.
1.58%
Welltower, Inc.
1.58%
Amphenol Corp.
1.57%
Chubb Ltd.
1.54%
Johnson & Johnson
1.54%
Vertex Pharmaceuticals, Inc.
1.47%
Berkshire Hathaway, Inc.
1.47%
Duke Energy Corp.
1.46%
The Southern Co.
1.44%
Cisco Systems, Inc.
1.43%
Diversification
XMS
Total weight of top 10 holdings out of 165 total
14.89%
XMU
Total weight of top 10 holdings out of 165 total
15.08%
Characteristics
Compare
XMS
XMU
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA Minimum Volatility 100% Hedged to CAD Net Total Return Index - CAD | MSCI USA Minimum Volatility Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.15% | 1.11% |
| Meets ESG criteria | No | No |
| Inception Date | April 5, 2016 | July 24, 2012 |
Frequently asked questions about XMS and XMU
Which ETF has performed better year to date: XMS or XMU?
As of September 1, 2026, XMS has returned 6.31% year to date, while XMU has returned 8.78%. XMU is ahead on YTD performance.
Which ETF is larger by assets under management: XMS or XMU?
As of September 1, 2026, XMS manages $64.75 M in assets, while XMU manages $360.68 M. XMU is the larger fund by AUM.
How are XMS and XMU managed?
XMS is passively managed by iShares. It tracks the MSCI USA Minimum Volatility 100% Hedged to CAD Net Total Return Index - CAD benchmark. XMU is passively managed by iShares. It tracks the MSCI USA Minimum Volatility Net Total Return Index - CAD benchmark.
What sectors do XMS and XMU emphasize?
XMS is most exposed to Technology, Finance, and Healthcare. XMU is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: XMS or XMU?
Year to date, XMS has seen +$4.10 M in net flows, compared with -$43.33 M for XMU. XMS has attracted more net investor money so far.
How do the fees of XMS and XMU compare?
XMS has an expense ratio of 0.33%, while XMU has an expense ratio of 0.33%.
What are the top holdings of XMS and XMU?
XMS's largest holdings include Microsoft Corp., Welltower, Inc., and Amphenol Corp.. XMU's top holdings include Microsoft Corp., Welltower, Inc., and Amphenol Corp..
Which ETF is more diversified: XMS or XMU?
XMS holds 165 securities, while XMU holds 165. On holdings count, XMS is the more diversified portfolio.
Recent articles about XMS and XMU
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