EFAV vs ESGD: Holdings Overlap
EFAViShares MSCI EAFE Min Vol Factor ETF
iShares · 256 holdings · $5.4B · as of 2026-04-30
ESGDiShares ESG Aware MSCI EAFE ETF
iShares · 371 holdings · $12.2B · as of 2026-05-31
Holdings snapshots are 31 days apart (EFAV: 2026-04-30, ESGD: 2026-05-31). 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 EFAV and ESGD?
iShares MSCI EAFE Min Vol Factor ETF (EFAV, by iShares) holds 256 positions; iShares ESG Aware MSCI EAFE ETF (ESGD, by iShares) holds 371. They have 145 holdings in common, and by portfolio weight the two funds are 31.7% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 31.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 145EFAV holds 256 · ESGD holds 371
- Weight in Shared Holdings
- EFAV 61%·ESGD 42%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 EFAV
111 of 256 positions (37.9% of the fund) are not held by ESGD. Showing the top 30 by weight.
Sector Breakdown
| Sector | EFAV | ESGD |
|---|---|---|
| Financials | 18.9% | 25.4% |
| Industrials | 13.2% | 18.0% |
| Consumer Staples | 11.7% | 6.4% |
| Information Technology | 3.7% | 11.2% |
| Health Care | 10.8% | 9.7% |
| Other Sectors | 32.0% | 23.8% |
| Unclassified | 9.1% | 4.9% |
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 (9% of EFAV, 5% of ESGD).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EFAV | +5.0% | +11.3% | +15.7% | +15.3% | +7.1% | +6.6% | 3.03% |
| ESGD | +4.5% | +15.1% | +24.6% | +17.5% | +9.3% | — | 3.18% |
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 EFAV vs ESGD →
Shared Holdings(145)
The top 10 shared positions account for 25% of the overlap, led by NOVN, NESN and SHEL.
 NOVNNovartis AG (Registered) | 1.36% | 1.58% | 1.36% |
|---|---|---|---|
 NESNNestle SA (Registered) | 1.06% | 1.13% | 1.06% |
 SHELShell PLC | 1.57% | 0.88% | 0.88% |
 IBEIberdrola, S.A. EUR0.75 | 1.51% | 0.83% | 0.83% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.77% | 1.10% | 0.77% |
 TTETotalEnergies SE EUR2.5 | 1.67% | 0.67% | 0.67% |
 ZURNZurich Insurance Group AG | 1.34% | 0.63% | 0.63% |
 ULVRUnilever PLC | 1.10% | 0.60% | 0.60% |
 5108Bridgestone Corp. NPV | 0.64% | 0.57% | 0.57% |
 NG-National Grid PLC ORD GBP0.12431289 | 0.54% | 0.55% | 0.54% |
 CBACommonwealth Bank of Australia | 0.51% | 0.90% | 0.51% |
 9433KDDI Corp. | 0.97% | 0.50% | 0.50% |
 8058Mitsubishi Corp. NPV | 0.52% | 0.48% | 0.48% |
 BA-BAE Systems PLC | 0.95% | 0.47% | 0.47% |
 TCLTransurban Group | 0.77% | 0.46% | 0.46% |
 ABIAnheuser-Busch InBev SA/NV | 0.54% | 0.44% | 0.44% |
 9983Fast Retailing Co Ltd. NPV | 0.64% | 0.43% | 0.43% |
 BNDanone SA | 0.80% | 0.43% | 0.43% |
 CABKCaixaBank SA | 0.42% | 0.52% | 0.42% |
 GSKGSK plc | 0.63% | 0.42% | 0.42% |
 POLIIL-SBank Hapoalim BM | 1.05% | 0.39% | 0.39% |
 KPNKoninklijke KPN NV | 0.86% | 0.37% | 0.37% |
 DBSDBS Group Holdings Ltd. | 1.47% | 0.37% | 0.37% |
 ENELEnel S.p.A. EUR1 | 0.37% | 0.48% | 0.37% |
 2388BOC Hong Kong Holdings Ltd. | 1.29% | 0.35% | 0.35% |
Frequently Asked Questions
How much do EFAV and ESGD overlap?
EFAV and ESGD overlap by 31.7% of portfolio weight. They share 145 holdings (EFAV holds 256 positions and ESGD holds 371), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFAV and ESGD?
The two portfolios are 31.7% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of EFAV and ESGD?
The largest positions held by both funds are NOVN, NESN, SHEL, IBE and AZN. Together the top 10 shared positions account for 25% of the total overlap.
What does EFAV own that ESGD doesn't?
111 positions (37.9% of EFAV) are unique to EFAV, led by ORA, SCMN and AD. In the other direction, 226 positions (57.4% of ESGD) are unique to ESGD.