Key stats
About iShares MSCI EAFE Min Vol Factor ETF
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Inception date
Oct 18, 2011
Structure
Open-Ended Fund
Replication method
Physical
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Stocks99.72%
Finance19.19%
Health Technology16.31%
Consumer Non-Durables10.61%
Communications9.98%
Utilities7.50%
Technology Services5.20%
Retail Trade4.93%
Transportation4.92%
Energy Minerals4.59%
Electronic Technology4.36%
Commercial Services3.06%
Consumer Services2.10%
Consumer Durables1.96%
Process Industries1.48%
Producer Manufacturing1.43%
Distribution Services0.99%
Industrial Services0.88%
Non-Energy Minerals0.24%
Bonds, Cash & Other0.28%
Cash0.28%
Rights & Warrants0.00%
Stock breakdown by region
Europe56.95%
Asia36.45%
Oceania3.37%
Middle East2.18%
North America1.06%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history