EFAV vs IEFA: Holdings Overlap
EFAViShares MSCI EAFE Min Vol Factor ETF
iShares · 256 holdings · $5.4B · as of 2026-04-30
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
How similar are EFAV and IEFA?
iShares MSCI EAFE Min Vol Factor ETF (EFAV, by iShares) holds 256 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 256 holdings in common, and by portfolio weight the two funds are 30.5% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 30.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 256EFAV holds 256 · IEFA holds 2632
- Weight in Shared Holdings
- EFAV 99%·IEFA 37%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
Every position in EFAV is also held by IEFA, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | EFAV | IEFA |
|---|---|---|
| Financials | 18.9% | 20.5% |
| Industrials | 13.2% | 16.0% |
| Consumer Staples | 11.7% | 5.9% |
| Health Care | 10.8% | 8.3% |
| Communication Services | 8.5% | 3.6% |
| Other Sectors | 27.2% | 28.0% |
| Unclassified | 9.1% | 17.0% |
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, 17% of IEFA).
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% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 IEFA →
Shared Holdings(256)
The top 10 shared positions account for 24% of the overlap, led by NOVN, NESN and SHEL.
 NOVNNovartis AG (Registered) | 1.36% | 1.11% | 1.11% |
|---|---|---|---|
 NESNNestle SA (Registered) | 1.06% | 1.03% | 1.03% |
 SHELShell PLC | 1.57% | 1.02% | 1.02% |
 AZNAstraZeneca PLC ORD USD0.25 | 0.77% | 1.16% | 0.77% |
 TTETotalEnergies SE EUR2.5 | 1.67% | 0.73% | 0.73% |
 IBEIberdrola SA | 1.51% | 0.59% | 0.59% |
 CBACommonwealth Bank of Australia | 0.51% | 0.83% | 0.51% |
 BATSBritish American Tobacco PLC | 0.65% | 0.51% | 0.51% |
 ULVRUnilever PLC | 1.10% | 0.50% | 0.50% |
 AIAir Liquide SA | 0.74% | 0.49% | 0.49% |
 DTEDeutsche Telekom AG (Registered) | 0.62% | 0.47% | 0.47% |
 GSKGSK plc | 0.63% | 0.42% | 0.42% |
 8058Mitsubishi Corp. NPV | 0.52% | 0.41% | 0.41% |
 SANSanofi SA | 0.79% | 0.40% | 0.40% |
 ZURNZurich Insurance Group AG | 1.34% | 0.40% | 0.40% |
 DBSDBS Group Holdings Ltd. | 1.47% | 0.38% | 0.38% |
 ENELEnel SpA | 0.37% | 0.37% | 0.37% |
 9983Fast Retailing Co Ltd. NPV | 0.64% | 0.35% | 0.35% |
 NG-National Grid PLC | 0.54% | 0.35% | 0.35% |
 BA-BAE Systems PLC | 0.95% | 0.33% | 0.33% |
 SAPSAP SE | 0.32% | 0.69% | 0.32% |
 MUV2Muenchener Rueckversicherungs-Gesellschaft AG (Registered) | 0.41% | 0.31% | 0.31% |
 ABIAnheuser-Busch InBev SA/NV | 0.54% | 0.29% | 0.29% |
 ORL'Oreal SA | 0.29% | 0.41% | 0.29% |
 8001ITOCHU Corp. NPV | 0.32% | 0.29% | 0.29% |
Showing the top 250 of 256 shared holdings by overlap weight.
Frequently Asked Questions
How much do EFAV and IEFA overlap?
EFAV and IEFA overlap by 30.5% of portfolio weight. They share 256 holdings (EFAV holds 256 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFAV and IEFA?
The two portfolios are 30.5% 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 IEFA?
The largest positions held by both funds are NOVN, NESN, SHEL, AZN and TTE. Together the top 10 shared positions account for 24% of the total overlap.
What does EFAV own that IEFA doesn't?
Nothing. Every position in EFAV is also held by IEFA. In the other direction, 2376 positions (61.9% of IEFA) are unique to IEFA.