ACWV vs EFAV: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
EFAViShares MSCI EAFE Min Vol Factor ETF
iShares · 256 holdings · $5.4B · as of 2026-04-30
Holdings snapshots are 31 days apart (ACWV: 2026-05-31, EFAV: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ACWV and EFAV?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; iShares MSCI EAFE Min Vol Factor ETF (EFAV, by iShares) holds 256. They have 89 holdings in common, and by portfolio weight the two funds are 17.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 17.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 89ACWV holds 412 · EFAV holds 256
- Weight in Shared Holdings
- ACWV 19%·EFAV 43%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ACWV
323 of 412 positions (80.5% of the fund) are not held by EFAV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | EFAV |
|---|---|---|
| Information Technology | 24.2% | 3.7% |
| Financials | 12.9% | 18.9% |
| Industrials | 6.8% | 13.2% |
| Health Care | 12.5% | 10.8% |
| Consumer Staples | 9.6% | 11.7% |
| Other Sectors | 28.2% | 32.0% |
| Unclassified | 5.1% | 9.1% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of ACWV, 9% of EFAV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWV | +3.3% | +7.6% | +9.5% | +11.3% | +6.1% | +7.4% | 1.87% |
| EFAV | +5.0% | +11.3% | +15.7% | +15.3% | +7.1% | +6.6% | 3.03% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ACWV vs EFAV →
Shared Holdings(89)
The top 10 shared positions account for 37% of the overlap, led by 9433, NOVN and ORA.
 9433KDDI Corp NPV | 1.01% | 0.97% | 0.97% |
|---|---|---|---|
 NOVNNovartis AG CHF0.49 (REGD) | 0.87% | 1.36% | 0.87% |
 ORAOrange SA | 0.83% | 1.43% | 0.83% |
 9434SoftBank Corp NPV | 0.82% | 1.07% | 0.82% |
 9432NTT Inc. NPV | 0.60% | 0.65% | 0.60% |
 DTEDeutsche Telekom AG (Registered) | 0.53% | 0.62% | 0.53% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.50% | 1.40% | 0.50% |
 SCMNSwisscom AG (Registered) | 0.47% | 1.41% | 0.47% |
 7751Canon Inc. NPV | 0.49% | 0.45% | 0.45% |
 9020East Japan Railway Co. NPV | 0.43% | 0.91% | 0.43% |
 4578Otsuka Holdings Co Ltd. NPV | 0.43% | 0.73% | 0.43% |
 KPNKoninklijke KPN N.V. EUR0.04 | 0.42% | 0.86% | 0.42% |
 ARGXBArgenx SE | 0.41% | 0.46% | 0.41% |
 POLIIL-SBank Hapoalim BM | 0.37% | 1.05% | 0.37% |
 9022Central Japan Railway Co. NPV | 0.36% | 0.72% | 0.36% |
 STSingapore Telecommunications Ltd. NPV(BOARD LOT 100) | 0.54% | 0.36% | 0.36% |
 9735Secom Co Ltd NPV | 0.34% | 1.34% | 0.34% |
 6971KYOCERA Corp. NPV | 0.59% | 0.32% | 0.32% |
 2CLP Holdings Ltd. NPV | 0.30% | 1.01% | 0.30% |
 6702Fujitsu Ltd. NPV | 0.36% | 0.29% | 0.29% |
 AENAAena SME S.A. EUR10 | 0.28% | 0.51% | 0.28% |
 DBSDBS Group Holdings Ltd. NPV | 0.27% | 1.47% | 0.27% |
 4307Nomura Research Institute Ltd NPV | 0.26% | 0.35% | 0.26% |
 9532Osaka Gas Co Ltd NPV | 0.25% | 0.40% | 0.25% |
 SAPSAP SE | 0.25% | 0.32% | 0.25% |
Frequently Asked Questions
How much do ACWV and EFAV overlap?
ACWV and EFAV overlap by 17.6% of portfolio weight. They share 89 holdings (ACWV holds 412 positions and EFAV holds 256), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and EFAV?
The two portfolios are 17.6% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of ACWV and EFAV?
The largest positions held by both funds are 9433, NOVN, ORA, 9434 and 9432. Together the top 10 shared positions account for 37% of the total overlap.
What does ACWV own that EFAV doesn't?
323 positions (80.5% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 167 positions (56.2% of EFAV) are unique to EFAV.