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Compare iShares MSCI USA Minimum Volatility Index ETF (XMU) vs iShares Edge MSCI Min Vol USA Index ETF (XMS) to find the best fit for your portfolio. XMU and XMS provide the same top sector exposures: Technology, Finance, and Healthcare. When evaluating costs, XMU features a management fee (MER) of 0.3%, compared to 0.3% for XMS. Performance-wise, XMU has returned 7.45% year-to-date with -$41 M in net flows, whereas XMS is at 4.71% with +$8 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
XMU
XMS
| AuM | $358.58 M | $67.76 M |
| Management Fees | 0.30% | 0.30% |
| Exp. ratio | 0.33% | 0.33% |
| Tracking Difference | -0.11% | 0.32% |
Historical performance and flows
As of September 11, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XMU | -1.58% | +3.27% | +7.45% | +6.34% | +39.89% |
XMS | -1.24% | +4.49% | +4.71% | +4.43% | +31.27% | |
| Flows | XMU | +$5 M | +$21 M | -$41 M | -$43 M | -$106 M |
XMS | +$4 M | +$16 M | +$8 M | +$16 M | +$8 M |
XMU vs XMS exposure
Countries
XMU
USA
93.25%
XMS
USA
92.07%
Other
7.93%
Sectors
XMU
Technology
29.58%
Finance
14.51%
Healthcare
13.49%
Consumer Non-Cyclicals
11.04%
Other
31.38%
XMS
Technology
29.21%
Finance
14.32%
Healthcare
13.32%
Consumer Non-Cyclicals
10.90%
Other
32.25%
As of September 11, 2026
Top 10 Holdings
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%
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%
Diversification
XMU
Total weight of top 10 holdings out of 165 total
15.08%
XMS
Total weight of top 10 holdings out of 165 total
14.89%
Characteristics
Compare
XMU
XMS
| Provider | iShares | iShares |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI USA Minimum Volatility Net Total Return Index - CAD | MSCI USA Minimum Volatility 100% Hedged to CAD Net Total Return Index - CAD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 1.12% | 1.17% |
| Meets ESG criteria | No | No |
| Inception Date | July 24, 2012 | April 5, 2016 |
Frequently asked questions about XMU and XMS
Which ETF has performed better year to date: XMU or XMS?
As of September 11, 2026, XMU has returned 7.45% year to date, while XMS has returned 4.71%. XMU is ahead on YTD performance.
Which ETF is larger by assets under management: XMU or XMS?
As of September 11, 2026, XMU manages $358.58 M in assets, while XMS manages $67.76 M. XMU is the larger fund by AUM.
How are XMU and XMS managed?
XMU is passively managed by iShares. It tracks the MSCI USA Minimum Volatility Net Total Return Index - CAD benchmark. XMS is passively managed by iShares. It tracks the MSCI USA Minimum Volatility 100% Hedged to CAD Net Total Return Index - CAD benchmark.
What sectors do XMU and XMS emphasize?
XMU is most exposed to Technology, Finance, and Healthcare. XMS is most exposed to Technology, Finance, and Healthcare.
Which ETF is attracting more investor flows: XMU or XMS?
Year to date, XMU has seen -$41.02 M in net flows, compared with +$8.11 M for XMS. XMS has attracted more net investor money so far.
How do the fees of XMU and XMS compare?
XMU has an expense ratio of 0.33%, while XMS has an expense ratio of 0.33%.
What are the top holdings of XMU and XMS?
XMU's largest holdings include Microsoft Corp., Welltower, Inc., and Amphenol Corp.. XMS's top holdings include Microsoft Corp., Welltower, Inc., and Amphenol Corp..
Which ETF is more diversified: XMU or XMS?
XMU holds 165 securities, while XMS holds 165. On holdings count, XMU is the more diversified portfolio.
Recent articles about XMU and XMS
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