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EFAV vs GRIN

iShares MSCI EAFE Min Vol Factor ETF

EFAVACboe

VictoryShares International Free Cash Flow Growth ETF

GRINDNasdaq

Overlap

Expense ratio

EFAV −0.36pt a year

EFAV0.20%GRIN0.56%

Avg volume · 30D

EFAV 14.8×the volume

EFAV510KGRIN34.4K

EFAV vs GRIN Performance

Oct 31, 2025 – Oct 30, 2026

+17.8%EFAV+12.7%GRIN

Oct 31, 2025 to Oct 30, 2026. EFAV +17.8%. GRIN +12.7%. Use the arrow keys to read each point.−5%0%5%25%Oct 2025Apr 2026Oct 2026
Expense ratio
EFAV 0.20%, better
GRIN 0.56%
Fund size
EFAV $5.53B
GRIN $346M
1Y total return
EFAV +17.8%, better
GRIN +12.7%
Yield (12M)
EFAV 2.97%, better
GRIN 0.67%
Holdings
EFAV 283
GRIN 103
Avg volume (30D)
EFAV 510K sh, better
GRIN 34.4K sh
NAV per share
EFAV $96.22
GRIN $31.16
52W range

ETF.net Grade

EFAV: Cost 89, Risk 75, Mission 56, Tradability 84, Holdings 69, Durability 83. GRIN: Cost 25, Risk 16, Mission 71, Tradability 26, Holdings 40, Durability 20.
Pillar letters and Scores for EFAV, GRIN, with each pillar’s weight
PillarEFAVGRIN
Cost30% weightA89HigherD25
Mission25% weightB56A71Higher
Risk15% weightA75HigherF16
Tradability15% weightA84HigherD26
Holdings10% weightB69HigherC40
Durability5% weightA83HigherF20

Rank among International Factor Index funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. EFAV and GRIN 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 GRIN 14th of 15 funds in the International Factor Index Category.

  1. Rank 1AEFAViShares MSCI EAFE Min Vol Factor ETFScore 75
  2. Rank 2BACWViShares MSCI Global Min Vol Factor ETFScore 68
  3. Rank 12CVEFAVanEck MSCI EAFE Analyst Sentiment ETFScore 40
  4. Rank 14DGRINVictoryShares International Free Cash Flow Growth ETFScore 36
  5. Rank 15FPATNPacer Nasdaq International Patent Leaders ETFScore 16

Our read on each fund

ETF.net Research

EFAVAiShares MSCI EAFE Min Vol Factor ETF

GRINDVictoryShares International Free Cash Flow 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.

GRIN Free-cash-flow funds abroad usually hunt cheap cash cows. GRIN runs the math the other way: non-US developed large caps ranked on cash generated per dollar of invested capital, then screened for sales and profit growth.

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.

GRIN The fund is designed to provide exposure to equity securities of growth companies in non-U.S. developed markets, using free-cash-flow-oriented profitability measures in the index methodology.

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.
  • GRIN The screen is concrete: expected free cash flow divided by invested capital, then the strongest growth scores from sales and EBITDA trends, with sector, country and single-stock weight caps.b-cdn.net
  • It points the free-cash-flow framework Victory already runs on US large caps at non-US developed markets, rather than a one-off idea built for a single launch.vcm.comvcm.com 2
  • Roughly 110 developed-market names, with index limits on sector, country and stock weight, so one hot market cannot quietly become the whole portfolio.b-cdn.net
  • Rules, not hunches: it tracks a published index, so the methodology tells you exactly what earns a spot and what gets cut at rebalance.b-cdn.net

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
  • GRIN Cost is the trade-off: a 1.06% gross expense ratio against rules-based international factor peers such as QLVD (0.15%), ACWV (0.20%) and IDMO (0.25%).
  • The lower net fee comes from a contractual waiver with an expiration date (October 31, 2026), so check the prospectus for the figure currently in force.vcm.com
  • It launched in June 2025 and trades thinly, so there is little live history to judge and spreads can widen on quiet days. Distributions are irregular, not scheduled.

Full EFAV profile⁠

Full GRIN profile⁠

EFAV vs GRIN 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 GRIN Cost

Overpaying GRIN vs EFAV

$6,933

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

  • EFAV 0.20%

    $4,155

  • GRIN 0.56%

    $11,088

$10,000
30 years

Cost over time

  • EFAV 0.20%
  • GRIN 0.56%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530GRIN $11,088EFAV $4,155

Year by year

YearEFAVGRINOverpaying
10$365$1,006$641
20$1,421$3,855$2,434
30$4,155$11,088$6,933

Expense ratio

  • 0.20%EFAV, cheaper
  • 0.56%GRIN
  • Middle half of International Factor Index funds
  • Median 0.34%

EFAV 2nd cheapest of 15 funds

GRIN 12th cheapest of 15 funds

EFAV vs GRIN Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
EFAV 2.97%, better
GRIN 0.67%
Payout (12M)
EFAV $2.86
GRIN $0.21
Last payment
EFAV $1.68
GRIN $0.05
Ex-dividend
EFAV Jun 15, 2026
GRIN Oct 8, 2026
Paid on
EFAV Jun 18, 2026
GRIN Oct 9, 2026
Frequency
EFAV Twice a year
GRIN Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

EFAVTwice a year · 7 paymentsAll EFAV payments⁠
One bar per payment. 7 payments from 2023 to 2026 YTD. Jun 7, 2023 $1.31; Dec 20, 2023 $0.82; Jun 11, 2024 $1.43; Dec 17, 2024 $0.86; Jun 16, 2025 $1.59; Dec 16, 2025 $1.17; Jun 15, 2026 $1.68. Use the arrow keys to read each point.$0$120232026YTD
GRINMonthly · 12 paymentsAll GRIN payments⁠
One bar per payment. 12 payments from 2023 to 2026 YTD. Jul 10, 2025 $0.0056; Sep 8, 2025 $0.01; Oct 9, 2025 $0.01; Dec 11, 2025 $0.01; Feb 9, 2026 $0.0071; Mar 10, 2026 $0.02; Apr 9, 2026 $0.04; May 8, 2026 $0.03; Jun 9, 2026 $0.03; Jul 9, 2026 $0.0051; Sep 9, 2026 $0.0084; Oct 8, 2026 $0.05. Use the arrow keys to read each point.$0$120232026YTD

EFAV vs GRIN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
EFAV 10.5%GRIN 19.5%since Jul 2025
Return per unit of riskSharpe ratio, 3 years
EFAV 1.24GRIN 0.63since Jul 2025
Worst fallMax drawdown, 5 years
EFAV −26.0%GRIN −14.3%since Jun 2025
Market sensitivityBeta, 5 years
EFAV 0.48GRIN 1.14

EFAV and GRIN in the news

All news⁠

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