ACWFiShares MSCI Global Multifactor ETF
ACWF Fund Description
ACWF tracks an index of large- and midcap global equities. Stocks are selected and weighted to increase exposure to 4 factors (quality, value, momentum and small size) while maintaining similar characteristics to the MSCI ACWI Index.
ACWF Factset Analytics Insight
ACWF offers a multi-factor take on global equities. The underlying index is a subset of the MSCI ACWI Index, a total market index that tracks the developed and emerging equity markets. Eligible securities will be given a composite score according to the four style factors—quality, value, momentum, and low size derived from the global equity model. Quality score is measured by the company’s profitability, earnings variability, investability, and leverage ratios; whereas value is based on book-to-price and earnings yield. Momentum score refers to the performance of the securities as compared to the global market over a period of time; and low size score measures the market value of a company against other eligible constituents. The fund uses an optimization process to increase exposure to the factors without exceeding the expected risk of the ACWI index. The index rebalances on a semi-annual basis.
ACWF MSCI ESG Analytics Insight
iShares MSCI Global Multifactor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.79 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares MSCI Global Multifactor ETF ranks in the 70th percentile within its peer group and in the 46th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ACWF MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
ACWF Summary Data
ACWF Portfolio Data
ACWF Index Data
ACWF Portfolio Management
ACWF Tax Exposures
ACWF Fund Structure
ACWF Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ACWF. ACWF is rated a 5 out of 5.
ACWF Sector/Industry Breakdown
ACWF Economic Development
ACWF Performance Statistics
ACWF MSCI ESG Ratings
ACWF Benchmark Comparison Summary
ACWF Benchmark Comparison Market Cap Size