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ETFs

iShares MSCI EAFE Min Vol Factor ETF

EFAV
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 18 2011
Expense Ratio
0.20%
Type
Global Ex. US Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$24,425,483
AUM
$7,442,346,054
Associated Index
MSCI EAFE Minimum Volatility Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NOVO B
Novo Nordisk - Ordinary Shares - Class B
1.71%
NOVN
Novartis AG - Registered Shares
1.56%
SAN
Sanofi
1.54%
SCMN
Swisscom AG
1.46%
AD
Koninklijke Ahold Delhaize N.V.
1.46%
NESN
Nestle SA
1.43%
8411
Mizuho Financial Group, Inc.
1.30%
4578
Otsuka Holdings Co.,Ltd.
1.29%
ITX
Industria De Diseno Textil SA
1.28%
ORA
Orange.
1.24%
Invest with EFAV

What is EFAV?

The iShares Edge MSCI Min Vol EAFE ETF seeks to track the investment results of an index composed of developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed equity markets, excluding the U.S. and Canada.

ETFs related toEFAV

ETFs correlated to EFAV include QEFA, VIGI, JPIN

EFAV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Min Vol Factor ETF
QEFA
SSgA Active Trust - SPDR MSCI EAFE StrategicFactors SM ETF
VIGI
Vanguard Group, Inc. - Vanguard International Dividend Appreciation ETF
JPIN
J.P.Morgan Investment Management Inc. - JPMorgan Diversified Return International Equity ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
IDLV
Invesco Capital Management LLC - Invesco S&P International Developed Low Volatility ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IGRO
BlackRock Institutional Trust Company N.A. - iShares International Dividend Growth ETF
RODM
Lattice Strategies Trust - Hartford Multifactor Developed Markets (ex-US) ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEFAV

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EFAV using Composer

FAQ

EFAV is a Global Ex. US Equities ETF. The iShares Edge MSCI Min Vol EAFE ETF seeks to track the investment results of an index composed of developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed equity markets, excluding the U.S. and Canada.

EFAV tracks the MSCI EAFE Minimum Volatility Index.

No, EFAV is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EFAV is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EFAV is 0.0014%. This is the percent change in the value of EFAV over the most recent 1-month period. The 3-month return on EFAV is -0.0143%. This is the percent change in the value of EFAV over the most recent 3-month period.

The standard deviation of EFAV for the past year is 0.13%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EFAV include PBW, IGF, and ARKK.

ETFs correlated to EFAV include QEFA, VIGI, and JPIN.

ETFs that are inversely correlated to EFAV include EFZ, EPV, and USDU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.