ACWX vs EFAV: Holdings Overlap
ACWXiShares MSCI ACWI ex U.S. ETF
iShares · 1761 holdings · $11.7B · as of 2026-04-30
EFAViShares MSCI EAFE Min Vol Factor ETF
iShares · 256 holdings · $5.4B · as of 2026-04-30
How similar are ACWX and EFAV?
iShares MSCI ACWI ex U.S. ETF (ACWX, by iShares) holds 1761 positions; iShares MSCI EAFE Min Vol Factor ETF (EFAV, by iShares) holds 256. They have 256 holdings in common, and by portfolio weight the two funds are 22.5% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 22.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 256ACWX holds 1761 · EFAV holds 256
- Weight in Shared Holdings
- ACWX 26%·EFAV 99%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 ACWX
1505 of 1761 positions (73.9% of the fund) are not held by EFAV. Showing the top 30 by weight.
Only in EFAV
Every position in EFAV is also held by ACWX, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | ACWX | EFAV |
|---|---|---|
| Financials | 21.6% | 18.9% |
| Information Technology | 17.5% | 3.7% |
| Industrials | 12.5% | 13.2% |
| Consumer Staples | 4.9% | 11.7% |
| Health Care | 6.1% | 10.8% |
| Other Sectors | 25.6% | 32.0% |
| Unclassified | 11.4% | 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 (11% of ACWX, 9% of EFAV).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ACWX | +3.0% | +16.6% | +28.7% | +19.1% | +9.3% | +9.6% | 2.46% |
| 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 ACWX vs EFAV →
Shared Holdings(256)
The top 10 shared positions account for 24% of the overlap, led by AZN, NOVN and NESN.
 AZNAstraZeneca PLC ORD USD0.25 | 0.80% | 0.77% | 0.77% |
|---|---|---|---|
 NOVNNovartis AG (Registered) | 0.76% | 1.36% | 0.76% |
 NESNNestle SA (Registered) | 0.71% | 1.06% | 0.71% |
 SHELShell PLC | 0.71% | 1.57% | 0.71% |
 CBACommonwealth Bank of Australia | 0.57% | 0.51% | 0.51% |
 TTETotalEnergies SE EUR2.5 | 0.50% | 1.67% | 0.50% |
 IBEIberdrola SA | 0.41% | 1.51% | 0.41% |
 BATSBritish American Tobacco PLC | 0.35% | 0.65% | 0.35% |
 ULVRUnilever PLC | 0.34% | 1.10% | 0.34% |
 AIAir Liquide SA | 0.34% | 0.74% | 0.34% |
 DTEDeutsche Telekom AG (Registered) | 0.32% | 0.62% | 0.32% |
 SAPSAP SE | 0.48% | 0.32% | 0.32% |
 8058Mitsubishi Corp. NPV | 0.29% | 0.52% | 0.29% |
 GSKGSK plc | 0.29% | 0.63% | 0.29% |
 ORL'Oreal SA | 0.28% | 0.29% | 0.28% |
 SANSanofi SA | 0.28% | 0.79% | 0.28% |
 ZURNZurich Insurance Group AG | 0.28% | 1.34% | 0.28% |
 ROPRoche Holding AG | 0.78% | 0.28% | 0.28% |
 BP-BP plc | 0.34% | 0.27% | 0.27% |
 ALVAllianz SE (Registered) | 0.47% | 0.26% | 0.26% |
 ENELEnel SpA | 0.25% | 0.37% | 0.25% |
 9983Fast Retailing Co Ltd. NPV | 0.24% | 0.64% | 0.24% |
 NG-National Grid PLC | 0.24% | 0.54% | 0.24% |
 6861Keyence Corp. NPV | 0.24% | 0.25% | 0.24% |
 BA-BAE Systems PLC | 0.23% | 0.95% | 0.23% |
Showing the top 250 of 256 shared holdings by overlap weight.
Frequently Asked Questions
How much do ACWX and EFAV overlap?
ACWX and EFAV overlap by 22.5% of portfolio weight. They share 256 holdings (ACWX holds 1761 positions and EFAV holds 256), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ACWX and EFAV?
The two portfolios are 22.5% 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 ACWX and EFAV?
The largest positions held by both funds are AZN, NOVN, NESN, SHEL and CBA. Together the top 10 shared positions account for 24% of the total overlap.
What does ACWX own that EFAV doesn't?
1505 positions (73.9% of ACWX) are unique to ACWX, led by TSMWF, 005930 and ASML. In the other direction, 0 positions (0.0% of EFAV) are unique to EFAV.