EFAViShares MSCI EAFE Min Vol Factor ETF
EFAV Fund Description
EFAV tracks an index of developed-market equities, ex-US and Canada, selected and weighted to create a low volatility portfolio subject to constraints including sector exposure.
EFAV Factset Analytics Insight
EFAV delivers a popular low-volatility take on international equities. The fund shows low market risk to our benchmark (measured by beta), and its portfolio biases toward defensive sectors are consistent with its low-volatility aims. The underlying index is constructed from the MSCI EAFE Index a rules-based methodology to security eligibility, sector and country exposure. A multi-factor risk model is used to weight securities for low volatility. The portfolio is further refined using an optimizer based on projected riskiness of securities aiming to deliver lowest absolute volatility. Like other EAFE-based products it excludes US and Canada, but in all, EFAV provides a viable vehicle for low-volatility developed international exposure.
EFAV MSCI ESG Analytics Insight
iShares MSCI EAFE Min Vol Factor ETF has an MSCI ESG Fund Rating of AA based on a score of 7.74 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 EAFE Min Vol Factor ETF ranks in the 88th percentile within its peer group and in the 64th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EFAV 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.
EFAV Summary Data
EFAV Portfolio Data
EFAV Index Data
EFAV Portfolio Management
EFAV Tax Exposures
EFAV Fund Structure
EFAV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EFAV. EFAV is rated a 3 out of 5.
EFAV Top 10 Holdings[View All]
EFAV Economic Development
EFAV Performance Statistics
EFAV MSCI ESG Ratings
EFAV Benchmark Comparison Summary
EFAV Benchmark Comparison Market Cap Size