EFAV vs EWA: Holdings Overlap
EFAViShares MSCI EAFE Min Vol Factor ETF
iShares · 256 holdings · $5.4B · as of 2026-04-30
iShares · 48 holdings · $1.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (EFAV: 2026-04-30, EWA: 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 EWA?
iShares MSCI EAFE Min Vol Factor ETF (EFAV, by iShares) holds 256 positions; iShares MSCI Australia ETF (EWA, by iShares) holds 48. They have 21 holdings in common, and by portfolio weight the two funds are 5.3% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.3%Sum of the smaller weight of each shared holding
- Shared Holdings
- 21EFAV holds 256 · EWA holds 48
- Weight in Shared Holdings
- EFAV 5%·EWA 53%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
235 of 256 positions (93.8% of the fund) are not held by EWA. Showing the top 30 by weight.
Sector Breakdown
| Sector | EFAV | EWA |
|---|---|---|
| Financials | 18.9% | 40.6% |
| Materials | 1.6% | 25.5% |
| Industrials | 13.2% | 4.7% |
| Consumer Staples | 11.7% | 3.6% |
| Health Care | 10.8% | 4.3% |
| Other Sectors | 34.1% | 19.8% |
| Unclassified | 9.1% | 1.0% |
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 (9% of EFAV, 1% of EWA).
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% |
| EWA | +8.1% | +17.8% | +17.9% | +14.3% | +7.2% | +8.2% | 2.79% |
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 EWA →
Shared Holdings(21)
The top 10 shared positions account for 80% of the overlap, led by TCL, MPL and CBA.
 TCLTransurban Group | 0.77% | 2.32% | 0.77% |
|---|---|---|---|
 MPLMedibank Pvt Ltd. | 0.63% | 0.66% | 0.63% |
 CBACommonwealth Bank of Australia | 0.51% | 13.76% | 0.51% |
 COLColes Group Ltd. | 0.50% | 1.45% | 0.50% |
 TLSTelstra Group Ltd. | 0.43% | 1.02% | 0.43% |
 WESWesfarmers Ltd. | 0.40% | 4.51% | 0.40% |
 BXBBrambles Ltd. | 0.39% | 1.12% | 0.39% |
 IAGInsurance Australia Group Ltd. | 0.23% | 0.90% | 0.23% |
 SOLWashington H Soul Pattinson & Co Ltd | 0.22% | 0.74% | 0.22% |
 CSLCSL Ltd. | 0.20% | 2.34% | 0.20% |
 TLCLottery Corp Ltd/The | 0.19% | 0.60% | 0.19% |
 SIGSigma Healthcare Ltd | 0.17% | 0.76% | 0.17% |
 ANZANZ Group Holdings Ltd. | 0.16% | 5.30% | 0.16% |
 QBEQBE Insurance Group Ltd. | 0.14% | 1.70% | 0.14% |
 WBCWestpac Banking Corp. | 0.11% | 6.14% | 0.11% |
 WOWWoolworths Group Ltd. | 0.10% | 2.14% | 0.10% |
 ORGOrigin Energy Ltd | 0.09% | 0.93% | 0.09% |
 NABNational Australia Bank Ltd. | 0.05% | 5.71% | 0.05% |
 COHCochlear Ltd | 0.05% | 0.33% | 0.05% |
| AUSTRALIAN DOLLAR | 0.00% | 0.10% | 0.00% |
| Euro | 0.13% | 0.00% | 0.00% |
Frequently Asked Questions
How much do EFAV and EWA overlap?
EFAV and EWA overlap by 5.3% of portfolio weight. They share 21 holdings (EFAV holds 256 positions and EWA holds 48), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFAV and EWA?
The two portfolios are 5.3% 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 EFAV and EWA?
The largest positions held by both funds are TCL, MPL, CBA, COL and TLS. Together the top 10 shared positions account for 80% of the total overlap.
What does EFAV own that EWA doesn't?
235 positions (93.8% of EFAV) are unique to EFAV, led by ENI, TTE and EQNR. In the other direction, 27 positions (46.9% of EWA) are unique to EWA.