ACWV vs FLJP: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
Franklin Templeton · 477 holdings · $4.0B · as of 2026-03-31
Holdings snapshots are 61 days apart (ACWV: 2026-05-31, FLJP: 2026-03-31). 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 FLJP?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; Franklin FTSE Japan ETF (FLJP, by Franklin Templeton) holds 477. They have 39 holdings in common, and by portfolio weight the two funds are 9.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 9.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 39ACWV holds 412 · FLJP holds 477
- Weight in Shared Holdings
- ACWV 10%·FLJP 13%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
373 of 412 positions (89.4% of the fund) are not held by FLJP. Showing the top 30 by weight.
Only in FLJP
438 of 477 positions (85.7% of the fund) are not held by ACWV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | FLJP |
|---|---|---|
| Information Technology | 24.2% | 10.9% |
| Industrials | 6.8% | 21.1% |
| Financials | 12.9% | 13.7% |
| Health Care | 12.5% | 5.6% |
| Communication Services | 11.5% | 5.2% |
| Other Sectors | 26.3% | 22.7% |
| Unclassified | 5.1% | 19.7% |
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, 20% of FLJP).
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% |
| FLJP | +3.6% | +20.2% | +30.8% | +19.4% | +10.2% | — | 4.10% |
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 FLJP →
Shared Holdings(39)
The top 10 shared positions account for 55% of the overlap, led by 9433, 9434 and 4502.
 9433KDDI Corp NPV | 1.01% | 0.87% | 0.87% |
|---|---|---|---|
 9434SoftBank Corp NPV | 0.82% | 0.69% | 0.69% |
 4502Takeda Pharmaceutical Co Ltd. NPV | 0.50% | 1.03% | 0.50% |
 9432NTT Inc. NPV | 0.60% | 0.50% | 0.50% |
 6861Keyence Corp. NPV | 0.44% | 1.20% | 0.44% |
 9020East Japan Railway Co. NPV | 0.43% | 0.45% | 0.43% |
 4578Otsuka Holdings Co Ltd. NPV | 0.43% | 0.56% | 0.43% |
 7751Canon Inc. NPV | 0.49% | 0.42% | 0.42% |
 6702Fujitsu Ltd. NPV | 0.36% | 0.63% | 0.36% |
 9022Central Japan Railway Co. NPV | 0.36% | 0.40% | 0.36% |
 6971KYOCERA Corp. NPV | 0.59% | 0.36% | 0.36% |
 9735Secom Co Ltd NPV | 0.34% | 0.29% | 0.29% |
 9532Osaka Gas Co Ltd NPV | 0.25% | 0.27% | 0.25% |
 4503Astellas Pharma Inc. NPV | 0.24% | 0.52% | 0.24% |
 4661Oriental Land Co Ltd/Japan | 0.22% | 0.33% | 0.22% |
 4507Shionogi & Co Ltd. NPV | 0.21% | 0.30% | 0.21% |
 4307Nomura Research Institute Ltd NPV | 0.26% | 0.21% | 0.21% |
 4901FUJIFILM Holdings Corp. NPV | 0.20% | 0.41% | 0.20% |
 1605Inpex Corp. NPV | 0.20% | 0.46% | 0.20% |
 9502Chubu Electric Power Co Inc. NPV | 0.20% | 0.22% | 0.20% |
 4684OBIC Co Ltd. NPV | 0.18% | 0.15% | 0.15% |
 6841Yokogawa Electric Corporation NPV | 0.15% | 0.14% | 0.14% |
 9021West Japan Railway Co. NPV | 0.14% | 0.16% | 0.14% |
 9531Tokyo Gas Co Ltd NPV | 0.13% | 0.29% | 0.13% |
 7532Pan Pacific International Holdings Corp. NPV | 0.12% | 0.21% | 0.12% |
Frequently Asked Questions
How much do ACWV and FLJP overlap?
ACWV and FLJP overlap by 9.1% of portfolio weight. They share 39 holdings (ACWV holds 412 positions and FLJP holds 477), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and FLJP?
The two portfolios are 9.1% 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 FLJP?
The largest positions held by both funds are 9433, 9434, 4502, 9432 and 6861. Together the top 10 shared positions account for 55% of the total overlap.
What does ACWV own that FLJP doesn't?
373 positions (89.4% of ACWV) are unique to ACWV, led by CSCO, JNJ and TSMWF. In the other direction, 438 positions (85.7% of FLJP) are unique to FLJP.