EFAV vs EFG: Grades, Fees and Holdings Compared

iShares MSCI EAFE Min Vol Factor ETF

EFAVACboe

iShares MSCI EAFE Growth ETF

EFGBCboe

Overlap

25.2%by weight

Expense ratio

EFAV −0.14pt a year

EFAV0.20%EFG0.34%

Avg volume · 30D

EFG 1.8×the volume

EFAV510KEFG894K

10Y return · a year

EFG +0.6pt

EFAV+7.3%EFG+7.9%

EFAV vs EFG Performance

Oct 29, 2021 – Oct 30, 2026

+45.5%EFAV+16.4%EFG

Expense ratio: EFAV 0.20%, better; EFG 0.34%
Fund size: EFAV $5.53B; EFG $15B
1Y total return: EFAV +17.8%, better; EFG +5.0%
Yield (12M): EFAV 2.97%, better; EFG 2.35%
Holdings: EFAV 283; EFG 364
Avg volume (30D): EFAV 510K sh; EFG 894K sh, better
NAV per share: EFAV $96.22; EFG $118.54
52W range

ETF.net Grade

Pillar letters and Scores for EFAV, EFG, with each pillar’s weight
Pillar	EFAV	EFG
Cost30% weight	A89Higher	C50
Mission25% weight	B56	A93Higher
Risk15% weight	A75Higher	F24
Tradability15% weight	A84	A91Higher
Holdings10% weight	B69Higher	B61
Durability5% weight	A83	A86Higher

Rank among International Factor Index funds

How we build Categories ›

Same Category. EFAV and EFG are both graded against the same 15 International Factor Index funds, so their Grades compare head to head.

International Factor Index⁠

Category · 15 funds

See all 15 ›

EFAV ranks 1st and EFG 4th of 15 funds in the International Factor Index Category.

Rank 1AEFAViShares MSCI EAFE Min Vol Factor ETFScore 75
Rank 2BACWViShares MSCI Global Min Vol Factor ETFScore 68
Rank 3BIDLVInvesco S&P International Developed Low Volatility ETFScore 66
Rank 4BEFGiShares MSCI EAFE Growth ETFScore 65
Rank 5BIDMOInvesco S&P International Developed Momentum ETFScore 61

Our read on each fund

ETF.net Research

EFAVAiShares MSCI EAFE Min Vol Factor ETF

EFGBiShares MSCI EAFE Growth ETF

In short

EFAV The 2011 original for overseas min vol: roughly 300 developed-market stocks outside the US and Canada, picked for lower-volatility traits, at 0.20% a year. One of the strongest builds in its international factor group.

EFG MSCI splits the EAFE benchmark into a value half and a growth half. EFG is the growth half: roughly 400 companies across Europe, Australasia and the Far East, screened on earnings and sales growth, running since 2005.

Stated mandate

EFAV The fund seeks to track an index of developed-market equities outside the United States and Canada that have lower-volatility characteristics.

EFG The fund seeks to track an index of developed-market equities outside the United States and Canada that exhibit growth characteristics.

Why people hold it

EFAV Charges 0.20% a year, less than half the typical fee among international factor funds.
Running since 2011 and now a multi-billion-dollar fund that trades actively, one of the longer records in the international factor aisle.
Spreads across about 300 names and follows the MSCI EAFE Minimum Volatility Index, so the low-vol call is rules-based rather than a manager's hand-picked list.ishares.com
Stands among the strongest implementations in its 18-fund international factor peer group.

EFG MSCI ranks EAFE companies on five growth measures (forward and past EPS growth, internal growth rate, sales-per-share trend) and keeps the top scorers. No manager hunches.msci.com
0.34% a year, under the 0.41% median for international factor ETFs, on a mandate iShares has run since 2005.
A multi-billion-dollar fund that trades actively, and it has tracked its stated index closely.
Roughly 400 names spread across Europe, Australasia and the Far East, so the growth bet is a broad one.cboe.com

Worth knowing

EFAV The min-vol screen reshapes the lineup, so sector and country weights can sit well away from a plain EAFE index fund and results diverge from it.
QLVD runs a developed ex-US low-volatility mandate for 0.15%, so cheaper shelf-mates exist in the same aisle.
Coverage stops at developed markets outside the US and Canada, leaving emerging markets and Canadian stocks to other holdings.ishares.com

EFG The growth index is about half the parent EAFE index by free-float market value. The value half sits elsewhere, so this is one style, not all of developed international.cboe.com
Growth swings harder. Several peers in this cohort (EFAV, ACWV, QLVD) are engineered to damp volatility; EFG is not, and its risk profile is the choppier side of the group.
Holdings trade in yen, euros, pounds and other currencies, so moves in the dollar feed straight into what a US investor sees.ishares.com

Full EFAV profile⁠

Full EFG profile⁠

EFAV vs EFG Holdings

How EFAV and EFG differ

Overlap by weight

25.2%

Shared holdings make up 55.0% of EFG and 42.1% of EFAV.

Level by level

Holdings129 in both25.2%
Sector11 Sectors62.2%
Countryby domicile74.3%
Asset classEquity100%

Sector

Sector weights in EFAV and EFG, widest gap first
Sector	More in EFAVMore in EFG	EFAV	EFG
Industrials	EFG +13.6 points	14.2%	27.8%
Technology	EFG +12.8 points	6.2%	19.0%
Energy	EFAV +8.7 points	9.3%	0.6%
Financials	EFAV +8.0 points	20.1%	12.1%
Consumer Staples	EFAV +7.5 points	11.7%	4.2%
Utilities	EFAV +7.0 points	8.8%	1.8%
Communication	EFAV +4.5 points	8.5%	4.0%
Materials	EFG +4.3 points	1.6%	5.9%
Consumer Discretionary	EFG +4.3 points	5.9%	10.2%
Health Care	EFG +2.8 points	11.2%	14.0%
Real Estate	EFAV +2.1 points	2.6%	0.5%

Country, concentration and asset class

Country by domicile

Country weights in EFAV and EFG, widest gap first
Country	More in EFAVMore in EFG	EFAV	EFG
Netherlands	EFG +6.3 points	2.2%	8.5%
Sweden	EFG +5.4 points	0.0%	5.4%
Germany	EFG +5.2 points	4.0%	9.2%
Japan	EFAV +4.5 points	29.2%	24.7%
Hong Kong	EFAV +3.6 points	5.4%	1.8%
Singapore	EFAV +3.6 points	5.2%	1.6%
France	EFG +3.3 points	5.8%	9.1%
United Kingdom	EFG +3.1 points	10.0%	13.1%
Other countries (10)	EFAV +11.5 points	38.1%	26.6%

Outside the US: EFAV 97% developed, 3% emerging. EFG 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

EFAV15.2%
EFG21.3%

Securities held

EFAV265
EFG347

Asset class

EFAV: Equity
EFG: Equity

Holdings

Only in EFAV136
In both129
Only in EFG218

Only in EFAV

136 securities, 57.9% of EFAV by weight

Shell1.69%
Equinor1.64%
Iberdrola1.54%
Secom1.49%
Totalenergies1.45%
Swisscom AG1.34%
Zurich Insurance Group AG1.32%
Oversea-Chinese Banking1.22%
Unilever PLC1.17%
Sampo Class A1.11%
Softbank1.07%
Japan Tobacco1.06%
Nestle SA1.02%
Kddi1.01%
Ntt0.99%
Clp Holdings0.99%
Boc Hong Kong Holdings Ltd0.94%
Swiss Prime Site AG0.92%
Power Assets Holdings0.92%
Orange SA0.87%
Bank Hapoalim Bm0.86%
Bridgestone0.75%
Kao0.73%
Bp PLC0.71%
Danone SA0.71%
Koninklijke Ahold Delhaize0.71%
Poste Italiane0.71%
United Overseas Bank0.68%
Helvetia Baloise Holding N AG0.67%
Sanofi SA0.66%
Shionogi0.66%
British American Tobacco0.64%
Tryg0.62%
Omv0.62%
Bank Leumi Le Israel0.60%
Haleon PLC0.57%
Canon0.55%
Otsuka Corp0.55%
Daito Trust Construction Ltd0.51%
Nippon Building Fund Reit0.50%
Cheung Kong Infrastructure Holding0.48%
National Grid PLC0.48%
Mitsubishi0.48%
Snam0.47%
Groupe Bruxelles Lambert NV0.46%
Hkt Trust and Hkt Units0.46%
Verbund AG0.46%
Kyocera0.44%
E.on N0.43%
Muenchener Rueckversicherungs-Gese0.41%

Only in EFG

218 securities, 45.0% of EFG by weight

Ubs Group AG1.41%
Schneider Electric1.39%
Rolls-Royce Holdings PLC1.32%
Airbus Group1.21%
Siemens Energy N AG1.04%
Compagnie Financiere Richemont SA1.03%
Safran SA1.01%
Aia Group0.96%
Kioxia Holdings0.94%
Spotify Technology0.83%
Siemens N AG0.71%
Infineon Technologies AG0.70%
Bhp Group Ltd0.68%
Mitsubishi Heavy Industries0.66%
Glencore PLC0.62%
Macquarie Group Ltd Def0.62%
Vinci SA0.54%
Banco Santander0.54%
Mitsubishi Electric0.53%
Rheinmetall AG0.52%
Anglo American PLC0.51%
Hermes International0.47%
Teva Pharmaceutical Industries0.47%
Volvo Class B0.47%
Hong Kong Exchanges and Clearing0.45%
Atlas Copco Class A0.45%
Prosus NV Class N0.44%
Sse PLC0.40%
Sandoz Group AG0.40%
Shin Etsu Chemical0.38%
Assa Abloy B0.37%
Asm International NV0.36%
Goodman Group Units0.36%
Lvmh0.36%
Sandvik0.36%
Fujikura0.36%
Legrand SA0.36%
Softbank Group Corp0.35%
Experian PLC0.34%
Prysmian0.33%
Sumitomo Electric Industries0.30%
Prudential PLC0.29%
Tdk0.29%
Adidas N AG0.29%
Daiichi Sankyo Ltd0.28%
Stmicroelectronics0.28%
Resona Holdings0.28%
Ajinomoto0.26%
Sea Ads Representing Ltd Class A0.26%
Vestas Wind Systems0.26%

Weight gaps

The 100 widest of 129 Holdings in both funds.

Holding weights in EFAV and EFG, widest gap first
Holding	More in EFAVMore in EFG	EFAV	EFG
Asml Holding	EFG +5.56 points	0.26%	5.82%
Astrazeneca PLCAZN.L	EFG +2.02 points	0.66%	2.68%
Sap	EFG +1.56 points	0.71%	2.27%
Advantest	EFG +1.49 points	0.05%	1.54%
Commonwealth Bank of Australia	EFG +1.44 points	0.43%	1.87%
Recruit Holdings Ltd	EFG +1.36 points	0.17%	1.53%
Takeda Pharmaceutical	EFAV +1.36 points	1.68%	0.32%
Sony Group	EFG +1.34 points	0.05%	1.39%
Hitachi	EFG +1.29 points	0.07%	1.36%
Eni	EFAV +1.28 points	1.54%	0.26%
Novo Nordisk Class B	EFG +1.17 points	0.05%	1.22%
Tokyo Electron	EFG +1.16 points	0.12%	1.28%
Abb Ltd	EFG +1.02 points	0.25%	1.27%
Obic Ltd	EFAV +1.01 points	1.09%	0.08%
Roche Ps Par AG	EFG +0.83 points	0.32%	1.15%
East Japan Railway	EFAV +0.68 points	0.82%	0.14%
Koninklijke Kpn NV	EFAV +0.68 points	0.74%	0.06%
Dbs Group Holdings Ltd	EFAV +0.66 points	1.39%	0.73%
Investor Class B	EFG +0.64 points	0.07%	0.71%
Keyence	EFG +0.61 points	0.28%	0.89%
Schindler Holding AG	EFAV +0.59 points	0.62%	0.03%
Central Japan Railway	EFAV +0.56 points	0.65%	0.09%
Singapore Exchange	EFAV +0.55 points	0.67%	0.12%
Tokio Marine Holdings	EFG +0.55 points	0.06%	0.61%
Medibank Private	EFAV +0.54 points	0.63%	0.09%
GlaxosmithklineGSK.L	EFG +0.50 points	0.45%	0.95%
Essilorluxottica SA	EFG +0.50 points	0.07%	0.57%
Deutsche Telekom N AG	EFG +0.49 points	0.45%	0.94%
Lonza Group AG	EFG +0.46 points	0.06%	0.52%
Nintendo	EFG +0.45 points	0.10%	0.55%
Novartis AG	EFAV +0.42 points	1.41%	0.99%
London Stock Exchange Group PLCLSEG.L	EFG +0.43 points	0.11%	0.54%
Transurban Group Stapled Units	EFAV +0.41 points	0.70%	0.29%
Relx PLCREL.L	EFG +0.41 points	0.26%	0.67%
Kone	EFAV +0.40 points	0.50%	0.10%
Astellas Pharma	EFAV +0.38 points	0.47%	0.09%
Telstra Group	EFAV +0.37 points	0.50%	0.13%
Pearson PLCPSON.L	EFAV +0.33 points	0.41%	0.08%
Galp Energia Sgps SA Class B	EFAV +0.33 points	0.39%	0.06%
Roche Holding AG	EFAV +0.33 points	0.40%	0.07%
Holcim Ltd AG	EFG +0.32 points	0.09%	0.41%
Aena Sme SA	EFAV +0.31 points	0.53%	0.22%
Galderma Group N AG	EFG +0.32 points	0.09%	0.41%
Bae Systems PLCBA.L	EFG +0.32 points	0.45%	0.77%
Oriental Land	EFAV +0.31 points	0.53%	0.22%
Singapore Telecommunications Ltd	EFAV +0.30 points	0.45%	0.15%
Nomura Research Institute	EFAV +0.30 points	0.44%	0.14%
Pan Pacific International Holdings	EFAV +0.29 points	0.37%	0.08%
Rwe AG	EFG +0.27 points	0.12%	0.39%
Coles Group Ltd	EFAV +0.26 points	0.45%	0.19%
Ana Holdings	EFAV +0.26 points	0.27%	0.01%
Kirin Holdings	EFAV +0.25 points	0.30%	0.05%
Dsv	EFG +0.25 points	0.13%	0.38%
The Sage GroupSGE.L	EFAV +0.24 points	0.38%	0.14%
Singapore Technologies Engineering	EFAV +0.24 points	0.36%	0.12%
Chocoladefabriken Lindt & Spruengl	EFAV +0.23 points	0.33%	0.10%
Fast Retailing	EFG +0.22 points	0.61%	0.83%
Getlink	EFAV +0.22 points	0.27%	0.05%
Hoya	EFG +0.20 points	0.33%	0.53%
Thales SA	EFG +0.19 points	0.04%	0.23%
Wesfarmers	EFG +0.18 points	0.40%	0.58%
Genmab	EFG +0.19 points	0.15%	0.34%
Ferrari	EFG +0.19 points	0.27%	0.46%
Insurance Australia Group	EFAV +0.17 points	0.25%	0.08%
Tower Semiconductor	EFG +0.15 points	0.04%	0.19%
Elbit Systems	EFAV +0.15 points	0.36%	0.21%
Argenx	EFG +0.15 points	0.39%	0.54%
Anheuser-Busch Inbev SA	EFG +0.15 points	0.54%	0.69%
Otsuka Holdings	EFAV +0.14 points	0.44%	0.30%
Hankyu Hanshin Holdings	EFAV +0.14 points	0.16%	0.02%
Sgs SA	EFAV +0.14 points	0.24%	0.10%
Beiersdorf AG	EFAV +0.13 points	0.17%	0.04%
Azrieli Group Ltd	EFAV +0.12 points	0.14%	0.02%
Kikkoman Corp	EFAV +0.12 points	0.16%	0.04%
Woolworths Group	EFG +0.12 points	0.21%	0.33%
Nec	EFG +0.12 points	0.24%	0.36%
Qiagen	EFAV +0.12 points	0.17%	0.05%
Ucb SA	EFG +0.11 points	0.25%	0.36%
Idemitsu Kosan Ltd	EFAV +0.11 points	0.14%	0.03%
Check Point Software TechnologiesCHKP	EFAV +0.11 points	0.22%	0.11%
Itochu	EFG +0.10 points	0.68%	0.78%
Kongsberg Gruppen	EFG +0.10 points	0.05%	0.15%
Konami Group	EFG +0.10 points	0.06%	0.16%
The Lottery Corporation Ltd	EFAV +0.09 points	0.17%	0.08%
Loreal SA	EFG +0.08 points	0.64%	0.72%
Ryohin Keikaku	EFAV +0.08 points	0.23%	0.15%
Jeronimo Martins SA	EFAV +0.09 points	0.14%	0.05%
Novozymes B	EFAV +0.08 points	0.31%	0.23%
Coloplast B	EFAV +0.08 points	0.16%	0.08%
Chugai Pharmaceutical Ltd	EFG +0.08 points	0.20%	0.28%
Carlsberg As Class B	EFG +0.07 points	0.06%	0.13%
Aristocrat Leisure	EFG +0.07 points	0.16%	0.23%
Fisher and Paykel Healthcare Corpo	EFAV +0.08 points	0.23%	0.15%
Tokyo Gas Ltd	EFAV +0.07 points	0.19%	0.12%
Alcon AG	EFG +0.07 points	0.05%	0.12%
Aeon	EFG +0.06 points	0.09%	0.15%
Ryanair Holdings PLC	EFAV +0.07 points	0.17%	0.10%
Sigma Healthcare	EFAV +0.07 points	0.16%	0.09%
Lair Liquide Societe Anonyme Pour	EFG +0.06 points	0.72%	0.78%
Fujitsu	EFG +0.05 points	0.32%	0.37%

All 265 EFAV holdings⁠All 348 EFG holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EFAV vs EFG Cost

Overpaying EFG vs EFAV

$2,777

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

EFAV 0.20%
$4,155
EFG 0.34%
$6,932

Amount$10,000

Years30 years

Cost over time

EFAV 0.20%
EFG 0.34%
Overpaying

Year by year

Year	EFAV	EFG	Overpaying
10	$365	$616	$251
20	$1,421	$2,386	$965
30	$4,155	$6,932	$2,777

Expense ratio

0.20%EFAV, cheaper
0.34%EFG

EFAV0.20%EFG0.34%

0.08%0.65%

Middle half of International Factor Index funds
Median 0.34%

EFAV 2nd cheapest of 15 funds

EFG 8th cheapest of 15 funds

EFAV vs EFG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EFAV 2.97%, better; EFG 2.35%
Payout (12M): EFAV $2.86; EFG $2.79
Last payment: EFAV $1.68; EFG $0.98
Ex-dividend: EFAV Jun 15, 2026; EFG Jun 15, 2026
Paid on: EFAV Jun 18, 2026; EFG Jun 18, 2026
Frequency: EFAV Twice a year; EFG Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

EFAVTwice a year · 18 paymentsAll EFAV payments⁠

EFGTwice a year · 20 paymentsAll EFG payments⁠

EFAV vs EFG Risk

Fall from peak · 5 years

EFAV
EFG

Risk facts

VolatilityStd dev, 3 years: EFAV 10.5%, betterEFG 13.8%
Return per unit of riskSharpe ratio, 3 years: EFAV 1.24, betterEFG 0.71
Worst fallMax drawdown, 5 years: EFAV −26.0%, betterEFG −35.5%
Market sensitivityBeta, 5 years: EFAV 0.48EFG 0.96; Market = 1

EFAV and EFG in the news

All news⁠

New ETFs
Healthcare is 31% of Invesco's new QQI fund
Oct 5, 2026EFG
ETF Filings
First Trust to liquidate HDMV, a $15 million international low-volatility ETF
Sep 14, 2026EFAV

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