EFAV vs IDLV: Grades, Fees and Holdings Compared

iShares MSCI EAFE Min Vol Factor ETF

EFAVACboe

Invesco S&P International Developed Low Volatility ETF

IDLVBNYSE Arca

Overlap

31.1%by weight

Expense ratio

EFAV −0.05pt a year

EFAV0.20%IDLV0.25%

Avg volume · 30D

EFAV 19.0×the volume

EFAV510KIDLV26.8K

10Y return · a year

EFAV +1.3pt

EFAV+7.3%IDLV+6.0%

EFAV vs IDLV Performance

Oct 29, 2021 – Oct 30, 2026

+45.5%EFAV+37.8%IDLV

Expense ratio: EFAV 0.20%, better; IDLV 0.25%
Fund size: EFAV $5.53B; IDLV $334M
1Y total return: EFAV +17.8%, better; IDLV +13.6%
Yield (12M): EFAV 2.97%; IDLV 4.88%, better
Holdings: EFAV 283; IDLV 212
Avg volume (30D): EFAV 510K sh, better; IDLV 26.8K sh
NAV per share: EFAV $96.22; IDLV $35.69
52W range

ETF.net Grade

Pillar letters and Scores for EFAV, IDLV, with each pillar’s weight
Pillar	EFAV	IDLV
Cost30% weight	A89Higher	A75
Mission25% weight	B56	B63Higher
Risk15% weight	A75Higher	B68
Tradability15% weight	A84Higher	C47
Holdings10% weight	B69	A80Higher
Durability5% weight	A83Higher	C52

Rank among International Factor Index funds

How we build Categories ›

Same Category. EFAV and IDLV 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 IDLV 3rd 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

Our read on each fund

ETF.net Research

EFAVAiShares MSCI EAFE Min Vol Factor ETF

IDLVBInvesco S&P International Developed Low Volatility 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.

IDLV Screens developed markets for calm instead of size: roughly 200 international large and mid caps chosen by an S&P low volatility index, run on the same rulebook since 2012.

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.

IDLV The Fund seeks exposure to large- and mid-cap stocks from international developed markets through the S&P BMI International Developed Low Volatility Index. It invests at least 90% of total assets in securities comprising that Index.

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.

IDLV The low-vol screen is a rule, not a mood. The fund keeps at least 90% of assets in the S&P BMI International Developed Low Volatility Index it advertises.invesco.com
Holdings line up with the stated mandate: about 200 developed-market large and mid caps, no drift into off-label names.
Live since 2012, so this is a long-running version of the low-volatility idea abroad, not a freshly launched factor experiment. Distributions come quarterly.

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

IDLV At 0.25% it runs above the cohort median of 0.18%, and well above plain cap-weighted developed peers like VEA and SPDW at 0.03%. The volatility screen is what the extra buys.
Thinly traded for its category, so limit orders and mid-session trading matter more here than with the giants of developed-markets indexing.
A volatility screen reshuffles the map: country and sector weights can sit far from a standard developed-markets index, and the fund can lag when riskier stocks lead.

Full EFAV profile⁠

Full IDLV profile⁠

EFAV vs IDLV Holdings

How EFAV and IDLV differ

Overlap by weight

31.1%

Shared holdings make up 46.4% of EFAV and 45.4% of IDLV.

Level by level

Holdings91 in both31.1%
Countryby domicile66.6%
Sector11 Sectors75.9%
Asset classEquity100%

Sector

Sector weights in EFAV and IDLV, widest gap first
Sector	More in EFAVMore in IDLV	EFAV	IDLV
Financials	IDLV +10.2 points	20.1%	30.3%
Health Care	EFAV +8.7 points	11.2%	2.5%
Energy	EFAV +6.3 points	9.3%	3.0%
Real Estate	IDLV +5.9 points	2.6%	8.5%
Technology	EFAV +5.7 points	6.2%	0.5%
Utilities	IDLV +5.5 points	8.8%	14.3%
Communication	EFAV +1.9 points	8.5%	6.6%
Consumer Discretionary	EFAV +1.3 points	5.9%	4.6%
Consumer Staples	IDLV +1.3 points	11.7%	13.0%
Materials	IDLV +0.9 points	1.6%	2.5%
Industrials	IDLV +0.2 points	14.2%	14.4%

Country, concentration and asset class

Country by domicile

Country weights in EFAV and IDLV, widest gap first
Country	More in EFAVMore in IDLV	EFAV	IDLV
Japan	EFAV +15.7 points	29.2%	13.5%
Canada	IDLV +15.3 points	0.0%	15.3%
Sweden	IDLV +7.4 points	0.0%	7.4%
Switzerland	EFAV +4.1 points	11.0%	6.9%
Australia	IDLV +4.0 points	5.5%	9.5%
Israel	EFAV +3.3 points	3.3%	0.0%
United Kingdom	EFAV +2.2 points	10.0%	7.8%
Spain	EFAV +2.2 points	4.3%	2.1%
Other countries (15)	IDLV +0.9 points	36.6%	37.5%

Outside the US: EFAV 97% developed, 3% emerging. IDLV 100% developed, 0% emerging.

Concentration

Weight in the 10 largest Holdings

EFAV15.2%
IDLV7.0%

Securities held

EFAV265
IDLV202

Asset class

EFAV: Equity
IDLV: Equity

Holdings

Only in EFAV174
In both91
Only in IDLV111

Only in EFAV

174 securities, 52.7% of EFAV by weight

Equinor1.64%
Eni1.54%
Totalenergies1.45%
Obic Ltd1.09%
Kddi1.01%
Swiss Prime Site AG0.92%
Bank Hapoalim Bm0.86%
East Japan Railway0.82%
Bridgestone0.75%
Koninklijke Kpn NV0.74%
Kao0.73%
Sap0.71%
Bp PLC0.71%
Itochu0.68%
Helvetia Baloise Holding N AG0.67%
Astrazeneca PLC0.66%
Sanofi SA0.66%
Shionogi0.66%
Central Japan Railway0.65%
British American Tobacco0.64%
Loreal SA0.64%
Schindler Holding AG0.62%
Industria De Diseno Textil SA0.62%
Fast Retailing0.61%
Bank Leumi Le Israel0.60%
Otsuka Corp0.55%
Anheuser-Busch Inbev SA0.54%
Oriental Land0.53%
Compass Group PLC0.52%
Cheung Kong Infrastructure Holding0.48%
Mitsubishi0.48%
Astellas Pharma0.47%
Hkt Trust and Hkt Units0.46%
Verbund AG0.46%
Deutsche Telekom N AG0.45%
Bae Systems PLC0.45%
Glaxosmithkline0.45%
Otsuka Holdings0.44%
Kyocera0.44%
Nomura Research Institute0.44%
Commonwealth Bank of Australia0.43%
Pearson PLC0.41%
Mizrahi Tefahot Bank Ltd0.40%
Osaka Gas0.40%
Roche Holding AG0.40%
Bc Vaud N0.39%
Argenx0.39%
Japan Post Bank Ltd0.39%
Repsol0.39%
Galp Energia Sgps SA Class B0.39%

Only in IDLV

111 securities, 54.3% of IDLV by weight

Fortis Inc/Canada0.76%
Hydro One Ltd0.69%
CapitaLand Ascendas REIT0.68%
Royal Bank of Canada0.67%
Emera Inc0.67%
CapitaLand Integrated Commercial Trust0.66%
Toronto-Dominion Bank/The0.65%
Swiss Life Holding AG0.64%
Mapletree Pan Asia Commercial Trust0.62%
HKT Trust & HKT Ltd0.62%
APA Group0.61%
NN Group NV0.59%
Great-West Lifeco Inc0.59%
Nomura Real Estate Master Fund Inc0.59%
Bank of Nova Scotia/The0.59%
Ageas SA/NV0.57%
Metro Inc/CN0.57%
Enbridge Inc0.57%
Sun Life Financial Inc0.56%
TC Energy Corp0.55%
Axa SA0.54%
Swedbank AB0.54%
Svenska Handelsbanken AB0.54%
AltaGas Ltd0.54%
Manulife Financial Corp0.54%
National Bank of Canada0.53%
Bank of Montreal0.53%
Telia Co AB0.53%
Japan Metropolitan Fund Invest0.53%
CapitaLand Investment Ltd/Singapore0.53%
L E Lundbergforetagen AB0.53%
SpareBank 1 Sor-Norge ASA0.52%
Canadian Imperial Bank of Commerce0.52%
Power Corp of Canada0.52%
Scentre Group0.52%
Essity AB0.52%
Henkel AG & Co KGaA0.51%
Link REIT0.51%
George Weston Ltd0.51%
Pembina Pipeline Corp0.51%
Assa Abloy AB0.51%
Veolia Environnement SA0.51%
Contact Energy Ltd0.51%
Nippon Prologis REIT Inc0.50%
EMS-Chemie Holding AG0.50%
Tokyo Metro Co Ltd0.50%
Loblaw Cos Ltd0.50%
GPT Group/The0.50%
Sekisui House Ltd0.50%
Severn Trent PLC0.50%

Weight gaps

All 91 Holdings in both funds, largest gap first.

Holding weights in EFAV and IDLV, widest gap first
Holding	More in EFAVMore in IDLV	EFAV	IDLV
Takeda Pharmaceutical	EFAV +1.19 points	1.68%	0.49%
ShellSHEL.L	EFAV +1.20 points	1.69%	0.49%
Secom	EFAV +1.03 points	1.49%	0.46%
Novartis AG	EFAV +0.82 points	1.41%	0.59%
Iberdrola	EFAV +0.82 points	1.54%	0.72%
Dbs Group Holdings Ltd	EFAV +0.80 points	1.39%	0.59%
Zurich Insurance Group AG	EFAV +0.74 points	1.32%	0.58%
Swisscom AG	EFAV +0.73 points	1.34%	0.61%
Unilever PLCULVR.L	EFAV +0.71 points	1.17%	0.46%
Oversea-Chinese Banking	EFAV +0.70 points	1.22%	0.52%
Japan Tobacco	EFAV +0.60 points	1.06%	0.46%
Nestle SA	EFAV +0.56 points	1.02%	0.46%
Softbank	EFAV +0.54 points	1.07%	0.53%
Boc Hong Kong Holdings Ltd	EFAV +0.53 points	0.94%	0.41%
Investor Class B	IDLV +0.53 points	0.07%	0.60%
Schindler Holding Par AG	IDLV +0.52 points	0.08%	0.60%
Sampo Class A	EFAV +0.51 points	1.11%	0.60%
Dnb Bank	IDLV +0.50 points	0.05%	0.55%
Hannover Rueck	IDLV +0.49 points	0.05%	0.54%
Orange SA	EFAV +0.48 points	0.87%	0.39%
Lonza Group AG	IDLV +0.45 points	0.06%	0.51%
Orkla	IDLV +0.43 points	0.05%	0.48%
Naturgy Energy Group SA	IDLV +0.43 points	0.05%	0.48%
National Australia Bank	IDLV +0.42 points	0.05%	0.47%
Westpac Banking Corporation	IDLV +0.40 points	0.09%	0.49%
Ntt	EFAV +0.39 points	0.99%	0.60%
Imperial Brands PLCIMB.L	IDLV +0.39 points	0.14%	0.53%
Reckitt Benckiser Group PLCRKT.L	IDLV +0.39 points	0.08%	0.47%
Carlsberg As Class B	IDLV +0.38 points	0.06%	0.44%
Asahi Group Holdings	IDLV +0.38 points	0.05%	0.43%
The Lottery Corporation Ltd	IDLV +0.38 points	0.17%	0.55%
Engie SA	IDLV +0.37 points	0.06%	0.43%
Gjensidige Forsikring	IDLV +0.37 points	0.08%	0.45%
Sgs SA	IDLV +0.36 points	0.24%	0.60%
Singapore Airlines Ltd	IDLV +0.36 points	0.23%	0.59%
Origin Energy	IDLV +0.35 points	0.08%	0.43%
Qbe Insurance Group	IDLV +0.34 points	0.15%	0.49%
Geberit AG	IDLV +0.34 points	0.13%	0.47%
Power Assets Holdings	EFAV +0.34 points	0.92%	0.58%
Anz Group Holdings Ltd	IDLV +0.31 points	0.17%	0.48%
Danske Bank	IDLV +0.30 points	0.14%	0.44%
Swiss Re AG	IDLV +0.29 points	0.23%	0.52%
Auckland International Airport	IDLV +0.29 points	0.21%	0.50%
Terna Rete Elettrica Nazionale	IDLV +0.29 points	0.31%	0.60%
Danone SA	EFAV +0.28 points	0.71%	0.43%
Singapore Exchange	EFAV +0.27 points	0.67%	0.40%
Coca Cola Europacific Partners PLCCCEP	IDLV +0.27 points	0.20%	0.47%
Heineken NV	IDLV +0.26 points	0.23%	0.49%
Mitsubishi Hc Capital Inc	IDLV +0.26 points	0.16%	0.42%
Fresenius N	IDLV +0.25 points	0.18%	0.43%
Poste Italiane	EFAV +0.25 points	0.71%	0.46%
Koninklijke Ahold Delhaize	EFAV +0.24 points	0.71%	0.47%
Washington H Soul Pattinson & Comp	IDLV +0.24 points	0.22%	0.46%
Allianz	IDLV +0.23 points	0.29%	0.52%
Woolworths Group	IDLV +0.23 points	0.21%	0.44%
Suntory Beverage & Food Ltd	IDLV +0.23 points	0.24%	0.47%
Assicurazioni Generali	IDLV +0.20 points	0.29%	0.49%
Omv	EFAV +0.20 points	0.62%	0.42%
Next PLCNXT.L	IDLV +0.20 points	0.22%	0.42%
Kbc Groep	IDLV +0.20 points	0.20%	0.40%
Snam	IDLV +0.19 points	0.47%	0.66%
Enel	IDLV +0.18 points	0.31%	0.49%
Clp Holdings	EFAV +0.18 points	0.99%	0.81%
Hong Kong and China Gas Ltd	IDLV +0.16 points	0.39%	0.55%
Haleon PLCHLN.L	EFAV +0.16 points	0.57%	0.41%
Deutsche Boerse AG	EFAV +0.16 points	0.64%	0.48%
Telstra Group	IDLV +0.14 points	0.50%	0.64%
Lair Liquide Societe Anonyme Pour	EFAV +0.14 points	0.72%	0.58%
Daiwa House Industry	IDLV +0.14 points	0.34%	0.48%
Groupe Bruxelles Lambert NV	IDLV +0.14 points	0.46%	0.60%
Toyota Motor	EFAV +0.13 points	0.14%	<0.01%
Medibank Private	EFAV +0.13 points	0.63%	0.50%
Muenchener Rueckversicherungs-Gese	IDLV +0.12 points	0.41%	0.53%
Mtr Corporation	IDLV +0.12 points	0.37%	0.49%
Daito Trust Construction Ltd	EFAV +0.12 points	0.51%	0.39%
Endesa SA	IDLV +0.11 points	0.37%	0.48%
Canon	EFAV +0.11 points	0.55%	0.44%
West Japan Railway	IDLV +0.12 points	0.32%	0.44%
Transurban Group Stapled Units	EFAV +0.09 points	0.70%	0.61%
Aena Sme SA	EFAV +0.08 points	0.53%	0.45%
Wesfarmers	IDLV +0.05 points	0.40%	0.45%
Swire Pacific Ltd A	IDLV +0.06 points	0.37%	0.43%
Singapore Telecommunications Ltd	EFAV +0.05 points	0.45%	0.40%
National Grid PLCNG.L	IDLV +0.04 points	0.48%	0.52%
United Overseas Bank	EFAV +0.04 points	0.68%	0.64%
Coles Group Ltd	IDLV +0.04 points	0.45%	0.49%
Tryg	IDLV +0.03 points	0.62%	0.65%
E.on N	IDLV +0.02 points	0.43%	0.45%
Kone	Same weight	0.50%	0.50%
Tesco PLCTSCO.L	EFAV +0.01 points	0.49%	0.48%
Nippon Building Fund Reit	Same weight	0.50%	0.50%

All 265 EFAV holdings⁠All 205 IDLV 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 IDLV Cost

Overpaying IDLV vs EFAV

$1,004

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

EFAV 0.20%
$4,155
IDLV 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

EFAV 0.20%
IDLV 0.25%
Overpaying

Year by year

Year	EFAV	IDLV	Overpaying
10	$365	$455	$90
20	$1,421	$1,769	$348
30	$4,155	$5,159	$1,004

Expense ratio

0.20%EFAV, cheaper
0.25%IDLV

EFAV0.20%IDLV0.25%

0.08%0.65%

Middle half of International Factor Index funds
Median 0.34%

EFAV 2nd cheapest of 15 funds

IDLV 4th cheapest of 15 funds

EFAV vs IDLV Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EFAV 2.97%; IDLV 4.88%, better
Payout (12M): EFAV $2.86; IDLV $1.74
Last payment: EFAV $1.68; IDLV $0.30
Ex-dividend: EFAV Jun 15, 2026; IDLV Sep 21, 2026
Paid on: EFAV Jun 18, 2026; IDLV Sep 25, 2026
Frequency: EFAV Twice a year; IDLV Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EFAVTwice a year · 18 paymentsAll EFAV payments⁠

IDLVQuarterly · 39 paymentsAll IDLV payments⁠

EFAV vs IDLV Risk

Fall from peak · 5 years

EFAV
IDLV

Risk facts

VolatilityStd dev, 3 years: EFAV 10.5%, betterIDLV 11.2%
Return per unit of riskSharpe ratio, 3 years: EFAV 1.24, betterIDLV 0.98
Worst fallMax drawdown, 5 years: EFAV −26.0%IDLV −22.5%, better
Market sensitivityBeta, 5 years: EFAV 0.48IDLV 0.64; Market = 1

EFAV and IDLV in the news

All news⁠

ETF Filings
First Trust to liquidate HDMV, a $15 million international low-volatility ETF
Sep 14, 2026EFAVIDLV

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EFAV vs IDLV

In short

Stated mandate

Why people hold it

Worth knowing

How EFAV and IDLV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFAV

Only in IDLV

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

First Trust to liquidate HDMV, a $15 million international low-volatility ETF

How EFAV and IDLV differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFAV

Only in IDLV

Weight gaps