ACWV vs SPLV: Holdings Overlap
ACWViShares MSCI Global Min Vol Factor ETF
iShares · 412 holdings · $3.4B · as of 2026-05-31
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
How similar are ACWV and SPLV?
iShares MSCI Global Min Vol Factor ETF (ACWV, by iShares) holds 412 positions; Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100. They have 48 holdings in common, and by portfolio weight the two funds are 24.6% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 24.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 48ACWV holds 412 · SPLV holds 100
- Weight in Shared Holdings
- ACWV 25%·SPLV 49%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
364 of 412 positions (74.1% of the fund) are not held by SPLV. Showing the top 30 by weight.
Sector Breakdown
| Sector | ACWV | SPLV |
|---|---|---|
| Utilities | 7.3% | 25.0% |
| Information Technology | 24.2% | 0.8% |
| Financials | 12.9% | 21.0% |
| Real Estate | 0.6% | 17.7% |
| Health Care | 12.5% | 3.9% |
| Other Sectors | 36.7% | 31.2% |
| Unclassified | 5.1% | 0.0% |
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, 0% of SPLV).
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% |
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
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 SPLV →
Shared Holdings(48)
The top 10 shared positions account for 40% of the overlap, led by DUK, JNJ and SO.
 DUKDuke Energy Corp COM NEW | 1.22% | 1.25% | 1.22% |
|---|---|---|---|
 JNJJohnson & Johnson COM | 1.41% | 1.15% | 1.15% |
 SOSouthern Co. (The) | 1.08% | 1.16% | 1.08% |
 BRK-BBerkshire Hathaway, Inc., Class B | 1.03% | 1.28% | 1.03% |
 WMWaste Management, Inc. COM | 0.97% | 1.00% | 0.97% |
 RSGRepublic Services, Inc., Class A | 0.92% | 1.09% | 0.92% |
 MCDMcDonald's Corp. COM | 0.91% | 1.16% | 0.91% |
 AEXChubb Ltd. Switzerland ORD CHF24.15 | 0.90% | 1.06% | 0.90% |
 TAT&T Inc COM | 0.86% | 0.85% | 0.85% |
 MSIMotorola Solutions Inc COM NEW | 1.16% | 0.84% | 0.84% |
 PEPPepsico Inc COM | 0.89% | 0.84% | 0.84% |
 EDConsolidated Edison, Inc. COM | 0.81% | 1.08% | 0.81% |
 PGThe Procter & Gamble Co. COM | 0.78% | 1.07% | 0.78% |
 TJXThe TJX Companies Inc. COM | 0.76% | 1.13% | 0.76% |
 KOCoca-Cola Co (The) COM | 0.75% | 1.18% | 0.75% |
 WECWEC Energy Group Inc. COM | 0.74% | 1.24% | 0.74% |
 CBOECboe Global Markets Inc COM | 0.74% | 0.86% | 0.74% |
 MNSTMonster Beverage Corp COM | 0.62% | 0.98% | 0.62% |
 ORLYO'Reilly Automotive Inc. COM | 0.62% | 0.80% | 0.62% |
 WMTWalmart Inc COM | 0.61% | 0.78% | 0.61% |
 MDLZMondelez International, Inc., Class A | 0.59% | 0.85% | 0.59% |
 CMECME Group, Inc., Class A | 0.57% | 0.94% | 0.57% |
 VVisa, Inc., Class A | 0.55% | 0.90% | 0.55% |
 CHDCHURCH and DWIGHT CO INC COMMON STOCK USD1.0 | 0.48% | 0.89% | 0.48% |
 CLColgate-Palmolive Co. COM | 0.47% | 0.96% | 0.47% |
Frequently Asked Questions
How much do ACWV and SPLV overlap?
ACWV and SPLV overlap by 24.6% of portfolio weight. They share 48 holdings (ACWV holds 412 positions and SPLV holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWV and SPLV?
The two portfolios are 24.6% 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 SPLV?
The largest positions held by both funds are DUK, JNJ, SO, BRK-B and WM. Together the top 10 shared positions account for 40% of the total overlap.
What does ACWV own that SPLV doesn't?
364 positions (74.1% of ACWV) are unique to ACWV, led by CSCO, TSMWF and MSFT. In the other direction, 52 positions (50.6% of SPLV) are unique to SPLV.