USMV · IV Rank History

iShares MSCI USA Min Vol Factor ETF · ETF

IV rank shows where USMV's implied volatility sits within its own recent range: 0 is the lowest reading in the window, 100 the highest. This page gives the 52-week version, the 90-session version our screeners use, the IV percentile, and the daily history.

USMV's 30-day at-the-money implied volatility was 10.1% as of Oct 22, 2026. Its 52-week IV rank is 13 and its IV percentile is 8%: IV was lower on 8% of the past year's sessions. Over those 52 weeks it ranged from 8.0% (Feb 11, 2026) to 24.8% (Jun 25, 2026). On the 90-session window our screeners use, the IV rank is 6.

USMV IV rank history

504 sessions

Filled line: 90-session IV rank (0–100, left axis). Dashed line: 30-day at-the-money implied volatility (right axis).

USMV IV rank and implied volatility as of 2026-10-22

52-Week IV Rank
13
0 = year low, 100 = year high
IV Percentile
8%
of past-year sessions had lower IV
90-Session IV Rank
6
used by our screeners
30-Day ATM IV
10.1%
1-year average 13.8%
52-Week IV High
24.8%
2026-06-25
52-Week IV Low
8.0%
2026-02-11
History Since
2023-05-02
844 sessions

How these are measured. Implied volatility here is USMV's 30-day at-the-money IV: the implied volatility of the calls and puts struck nearest the share price, blended between the expirations on either side of 30 days so every reading covers the same horizon. It's the IV level options traders usually quote, and it doesn't jump when the nearest expiration rolls from a weekly to a monthly. The 7-day figure is the same measure a week out, so it reacts first to near-term events such as earnings.

52-week IV rank = (today's IV − 52-week low) ÷ (52-week high − 52-week low) × 100. IV percentile is the share of the past year's sessions that closed with lower IV than today. The 90-session IV rank applies the same rank formula to the last 90 sessions, so it reacts faster.

A high reading means USMV options are expensive relative to their own recent history, which is common ahead of earnings or after a sharp move. It says nothing about which way the stock will go. The Vol Arb Screener ranks every tracked symbol by these measures.

USMV implied volatility by month

MonthAvg ATM IVHighLowAvg IV Rank (90-session)
Oct 2026 (to date) 11.1% 14.3% 10.1% 12
Sep 2026 14.1% 20.2% 10.2% 31
Aug 2026 11.6% 20.8% 9.2% 14
Jul 2026 13.5% 22.0% 9.6% 26
Jun 2026 13.6% 24.8% 10.5% 32
May 2026 15.4% 23.4% 10.7% 48
Apr 2026 16.5% 22.5% 13.0% 54
Mar 2026 16.8% 22.3% 12.9% 54
Feb 2026 13.0% 23.6% 8.0% 29
Jan 2026 12.4% 20.7% 8.8% 25
Dec 2025 12.7% 23.5% 9.0% 26
Nov 2025 13.6% 24.3% 10.5% 40
Oct 2025 13.2% 20.3% 9.8% 43
Sep 2025 10.9% 16.5% 8.4% 29
Aug 2025 10.1% 13.3% 8.7% 5
Jul 2025 10.6% 12.1% 9.3% 4
Jun 2025 11.5% 14.7% 10.2% 13
May 2025 12.9% 16.4% 10.6% 19
Apr 2025 20.6% 33.5% 14.6% 58
Mar 2025 14.3% 17.8% 11.8% 60
Feb 2025 10.6% 16.9% 8.4% 25
Jan 2025 10.6% 13.7% 8.0% 26
Dec 2024 11.9% 18.5% 9.1% 31
Nov 2024 11.2% 17.7% 8.0% 20
Oct 2024 12.3% 13.7% 9.1% 33
Sep 2024 11.3% 15.9% 8.8% 26
Aug 2024 13.3% 22.7% 9.4% 38
Jul 2024 11.1% 14.2% 8.1% 24
Jun 2024 10.2% 14.2% 7.3% 17
May 2024 10.5% 13.1% 8.0% 19
Apr 2024 11.2% 23.1% 8.7% 32
Mar 2024 8.9% 10.6% 7.6% 24
Feb 2024 9.6% 10.4% 8.7% 21
Jan 2024 9.2% 10.2% 8.6% 16
Dec 2023 9.0% 9.6% 8.1% 11
Nov 2023 9.7% 11.9% 8.5% 20
Oct 2023 12.8% 15.2% 11.0% 78
Sep 2023 10.2% 12.5% 8.5% 34
Aug 2023 10.9% 12.8% 9.0% 41
Jul 2023 9.4% 10.4% 8.4% 17
Jun 2023 9.3% 10.6% 8.4% 8
May 2023 11.9% 14.4% 9.0% 47

USMV IV rank: last 30 sessions

DateIV Rank (90-session)30-Day ATM IV7-Day ATM IV
2026-10-22 6 10.1% —
2026-10-21 21 12.5% —
2026-10-20 12 11.1% —
2026-10-19 6 10.1% —
2026-10-16 22 12.6% —
2026-10-15 6 10.2% —
2026-10-14 6 10.1% 15.5%
2026-10-13 6 10.2% 19.6%
2026-10-12 9 10.6% 12.0%
2026-10-09 7 10.3% 9.2%
2026-10-08 12 11.1% 11.5%
2026-10-07 9 10.7% 10.9%
2026-10-06 13 11.3% 10.4%
2026-10-05 14 11.4% 10.6%
2026-10-02 32 14.3% 9.5%
2026-10-01 17 11.9% 11.4%
2026-09-30 50 17.0% 24.1%
2026-09-29 43 16.0% 11.3%
2026-09-28 15 11.6% 10.8%
2026-09-25 11 10.9% 10.2%
2026-09-24 13 11.3% —
2026-09-23 32 14.2% —
2026-09-22 12 11.1% —
2026-09-21 14 11.4% —
2026-09-18 11 11.0% —
2026-09-17 58 18.3% —
2026-09-16 70 20.2% 27.0%
2026-09-15 27 13.4% 18.3%
2026-09-14 25 13.1% 21.0%
2026-09-11 68 19.8% 12.2%

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.