EFAV vs IDMO

EFAVAiShares MSCI EAFE Min Vol Factor ETF

IDMOBInvesco S&P International Developed Momentum 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.

IDMO Momentum, exported. IDMO owns the developed-market stocks outside the US that have been winning, refreshes the list twice a year, and charges 0.25% for it, well under the typical international factor fund.

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.

IDMO The Fund seeks to track an international developed-markets momentum index by investing primarily in its constituent securities.

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.

• IDMO 0.25% a year against a 0.41% median for international factor funds. Cheap for a rules-based strategy that reshuffles far more than a plain index.
• Pure ex-US momentum: the index tracks developed-market names showing persistence in relative performance, and rebalances the third Friday of March and September.spglobal.cominvesco.com
• Its peer group leans defensive (min-vol and quality builds like EFAV, ACWV, QLVD). IDMO is the one leaning into strength, and it sits in the top quartile of that group.
• Roughly 190 stocks, a multi-billion-dollar asset base, moderate daily trading, quarterly distributions.

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

• IDMO Momentum can go cold. Invesco's documents flag the risk that returns on stocks with past price momentum trail other investing styles.invesco.com
• The semi-annual reshuffle drives frequent portfolio trading, which fund documents call out directly.invesco.com
• Nothing forces geographic balance, so the book can lean hard on Japan or the EU; the prospectus notes such concentration tends to be more volatile.invesco.com

Full EFAV profile⁠

Full IDMO profile⁠