EFV vs IVLU: Grades, Fees and Holdings Compared

iShares MSCI EAFE Value ETF

EFVACboe

iShares MSCI Intl Value Factor ETF

IVLUBNYSE Arca

Overlap

62.4%by weight

Expense ratio

EFV0.31%IVLU0.31%

Avg volume · 30D

EFV 3.0×the volume

EFV2.91MIVLU965K

10Y return · a year

IVLU +0.6pt

EFV+9.9%IVLU+10.5%

EFV vs IVLU Performance

Oct 29, 2021 – Oct 30, 2026

+91.1%EFV+98.8%IVLU

Expense ratio: EFV 0.31%; IVLU 0.31%
Fund size: EFV $30.4B; IVLU $4.51B
1Y total return: EFV +21.6%; IVLU +21.6%
Yield (12M): EFV 4.61%, better; IVLU 3.33%
Holdings: EFV 411; IVLU 358
Avg volume (30D): EFV 2.91M sh, better; IVLU 965K sh
NAV per share: EFV $79.12; IVLU $42.10
52W range

ETF.net Grade

Pillar letters and Scores for EFV, IVLU, with each pillar’s weight
Pillar	EFV	IVLU
Cost30% weight	C54	C54
Mission25% weight	A100	Not scored
Risk15% weight	B60Higher	B56
Tradability15% weight	A93Higher	B58
Holdings10% weight	C52	B64Higher
Durability5% weight	A90Higher	A79

Rank among International Value Index funds

How we build Categories ›

Same Category. EFV and IVLU are both graded against the same 12 International Value Index funds, so their Grades compare head to head.

International Value Index⁠

Category · 12 funds

See all 12 ›

EFV ranks 2nd and IVLU 8th of 12 funds in the International Value Index Category.

Rank 1ADFIVDimensional International Value ETFScore 75
Rank 2AEFViShares MSCI EAFE Value ETFScore 73
Rank 3BEWJViShares MSCI Japan Value ETFScore 65
Rank 7BDISVDimensional International Small Cap Value ETFScore 60
Rank 8BIVLUiShares MSCI Intl Value Factor ETFScore 58
Rank 9CICOWPacer Developed Markets International Cash Cows 100 ETFScore 46

Our read on each fund

ETF.net Research

EFVAiShares MSCI EAFE Value ETF

IVLUBiShares MSCI Intl Value Factor ETF

In short

EFV Running since 2005, EFV is the big, heavily traded way to own the value half of developed markets outside North America: roughly 400 stocks tracking the MSCI EAFE Value Index for 0.31% a year.

IVLU iShares' value screen for the developed world outside the US: roughly 300 stocks picked by MSCI's Enhanced Value index, at a fee below the typical international value fund. A deep tilt, not a light one.

Stated mandate

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

IVLU The fund seeks to track an index of international developed-market stocks selected for value characteristics, providing targeted exposure to undervalued companies outside the U.S. for potential long-term growth.

Why people hold it

EFV 0.31% a year, below the typical fee among international-value funds, for a mandate that has been running since 2005.
Tracks the MSCI EAFE Value Index closely and trades actively as a multi-billion-dollar fund, which keeps the cost of getting in and out low.
About 400 developed-market value stocks in one ticker, picked by index rule rather than a manager's judgment.
Sits among the strongest implementations in its international-value peer group, next to Dimensional's DFIV.

IVLU 0.31% a year, under the typical fee in its international-value group and level with iShares' own EAFE value fund, EFV.
About 300 names means the screen actually bites: a filtered slice of developed markets, not a broad index with a faint value lean.
Rules-based by design. It follows the published MSCI World ex USA Enhanced Value Index, so the selection logic is on paper, not in a manager's head.ishares.com
A multi-billion-dollar fund that has traded actively since its 2015 launch, so it is a well-worn ticker rather than a thin newcomer.

Worth knowing

EFV By design it holds only the cheap side of the EAFE universe, so its sector mix and results can look very different from a broad international index.
Developed markets only: no US, no Canada, no emerging markets. It's a slice of international, not the whole thing.
Not the cheapest seat in the room: FIVA runs 0.18% for its own version of international value.

IVLU Cheaper doors into the same idea exist: Fidelity's FIVA runs 0.18%.
A concentrated value screen moves out of step with broad developed-market indexes for long stretches. That is the deal you are signing.
Distributions arrive once or twice a year, not quarterly or monthly, so income timing is lumpy.

Full EFV profile⁠

Full IVLU profile⁠

EFV vs IVLU Holdings

How EFV and IVLU differ

Overlap by weight

62.4%

Shared holdings make up 82.7% of IVLU and 74.4% of EFV.

Level by level

Holdings266 in both62.4%
Sector11 Sectors81.0%
Countryby domicile84.0%
Asset classEquity100%

Sector

Sector weights in EFV and IVLU, widest gap first
Sector	More in EFVMore in IVLU	EFV	IVLU
Financials	EFV +10.7 points	38.4%	27.7%
Industrials	IVLU +8.3 points	9.5%	17.8%
Technology	IVLU +6.7 points	2.6%	9.3%
Consumer Staples	EFV +3.4 points	9.6%	6.2%
Utilities	EFV +2.3 points	5.9%	3.6%
Health Care	IVLU +1.8 points	8.1%	9.9%
Energy	EFV +1.5 points	7.9%	6.4%
Consumer Discretionary	IVLU +1.3 points	6.0%	7.3%
Real Estate	EFV +1.1 points	2.5%	1.4%
Materials	IVLU +1.0 points	5.9%	6.9%
Communication	EFV +0.2 points	3.6%	3.4%

Country, concentration and asset class

Country by domicile

Country weights in EFV and IVLU, widest gap first
Country	More in EFVMore in IVLU	EFV	IVLU
Japan	IVLU +7.0 points	25.1%	32.1%
Switzerland	EFV +6.7 points	10.4%	3.7%
Australia	EFV +4.3 points	6.8%	2.5%
Canada	IVLU +3.9 points	0.0%	3.9%
Germany	IVLU +2.2 points	9.0%	11.2%
Spain	EFV +1.4 points	5.3%	3.9%
France	IVLU +1.4 points	10.0%	11.4%
Italy	EFV +1.3 points	4.8%	3.5%
Other countries (7)	EFV +0.9 points	28.7%	27.8%

Outside the US: EFV 99% developed, 1% emerging. IVLU 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

EFV20.5%
IVLU16.5%

Securities held

EFV395
IVLU342

Asset class

EFV: Equity
IVLU: Equity

Holdings

Only in EFV129
In both266
Only in IVLU76

Only in EFV

129 securities, 25.6% of EFV by weight

Nestle SA2.43%
Allianz1.71%
Iberdrola1.41%
Unilever PLC1.29%
Zurich Insurance Group AG1.03%
National Australia Bank0.83%
Westpac Banking Corporation0.81%
Anz Group Holdings Ltd0.79%
Lvmh0.64%
Softbank Group Corp0.63%
Diageo PLC0.48%
Danone SA0.42%
Reckitt Benckiser Group PLC0.42%
Lair Liquide Societe Anonyme Pour0.40%
Softbank0.39%
Dbs Group Holdings Ltd0.38%
Loreal SA0.37%
Daiichi Life Group0.36%
Assicurazioni Generali0.32%
Tokio Marine Holdings0.32%
Swiss Life Holding AG0.29%
Skandinaviska Enskilda Banken0.28%
Qbe Insurance Group0.25%
Sampo Class A0.23%
Alcon AG0.21%
Swisscom AG0.20%
Shin Etsu Chemical0.20%
Sika AG0.20%
Kao0.20%
Legal and General Group PLC0.19%
Helvetia Baloise Holding N AG0.19%
Poste Italiane0.19%
Nebius NV Class A0.19%
Hannover Rueck0.18%
Kerry Group PLC0.16%
Julius Baer Gruppe AG0.16%
Endesa SA0.14%
Givaudan SA0.14%
Terna Rete Elettrica Nazionale0.14%
Segro Reit PLC0.14%
Suncorp Group0.13%
Smc (Japan) Corp0.13%
Kuehne Und Nagel International AG0.13%
Snam0.13%
T&D Holdings0.12%
Admiral Group PLC0.12%
Japan Exchange Group0.12%
Scentre Group0.12%
Link Real Estate Investment Trust0.12%
Vonovia SE0.12%

Only in IVLU

76 securities, 17.2% of IVLU by weight

Itochu0.97%
Glaxosmithkline0.92%
Deutsche Telekom N AG0.83%
Infineon Technologies AG0.73%
Kioxia Holdings0.71%
Vinci SA0.67%
Anheuser-Busch Inbev SA0.60%
Bank of Nova Scotia0.53%
Teva Pharmaceutical Industries0.50%
Volvo Class B0.47%
Manulife Financial0.47%
Barrick Mining0.45%
Stmicroelectronics0.45%
Glencore PLC0.43%
Fujitsu0.42%
Nec0.40%
Tdk0.37%
Tesco PLC0.33%
Rwe AG0.32%
Nutrien Ltd0.30%
Cgi Inc Class A0.28%
Fairfax Financial Holdings Sub Vot0.26%
Sse PLC0.26%
Seven & I Holdings0.25%
Commerzbank AG0.24%
Otsuka Holdings0.22%
Hexagon Class B0.21%
Sandoz Group AG0.20%
Magna International0.20%
Power Corporation of Canada0.17%
Genmab0.16%
Kinross Gold0.16%
Check Point Software Technologies0.16%
Heidelberg Materials AG0.16%
Cenovus Energy0.15%
Resona Holdings0.14%
Teck Resources Subordinate Voting0.14%
Screen Holdings Ltd0.14%
Kajima0.14%
Rogers Communications Non-Voting I0.13%
Boliden0.13%
Daiichi Sankyo Ltd0.11%
Marks and Spencer Group PLC0.11%
Tokyo Gas Ltd0.11%
Northern Star Resources Ltd0.11%
Informa PLC0.10%
Nidec0.10%
Securitas B0.10%
Taisei0.10%
Mowi0.10%

Weight gaps

The 100 widest of 266 Holdings in both funds.

Holding weights in EFV and IVLU, widest gap first
Holding	More in EFVMore in IVLU	EFV	IVLU
Mitsubishi Ufj Financial Group	EFV +0.90 points	2.14%	1.24%
Hsbc Holdings PLCHSBA.L	EFV +0.80 points	2.69%	1.89%
ShellSHEL.L	EFV +0.78 points	2.87%	2.09%
Bnp Paribas SA	IVLU +0.64 points	0.87%	1.51%
British American TobaccoBATS.L	IVLU +0.58 points	1.13%	1.71%
Bp PLCBP.L	EFV +0.58 points	1.21%	0.63%
Ck Hutchison Holdings	IVLU +0.56 points	0.21%	0.77%
Sumitomo	IVLU +0.48 points	0.40%	0.88%
Central Japan Railway	IVLU +0.47 points	0.09%	0.56%
Bayer AG	IVLU +0.47 points	0.51%	0.98%
Banco Santander	IVLU +0.47 points	0.96%	1.43%
Canon	IVLU +0.47 points	0.22%	0.69%
Nokia	IVLU +0.43 points	0.26%	0.69%
Sanofi SA	IVLU +0.43 points	0.89%	1.32%
Totalenergies	EFV +0.42 points	1.70%	1.28%
Muenchener Rueckversicherungs-Gese	EFV +0.40 points	0.74%	0.34%
Sumitomo Mitsui Financial Group	EFV +0.38 points	1.37%	0.99%
Roche Ps Par AG	EFV +0.38 points	2.05%	1.67%
Honda Motor	IVLU +0.37 points	0.38%	0.75%
Fujifilm Holdings	IVLU +0.36 points	0.23%	0.59%
Barclays PLCBARC.L	IVLU +0.35 points	0.69%	1.04%
Deutsche Bank AG	IVLU +0.35 points	0.53%	0.88%
Vodafone Group PLCVOD.L	IVLU +0.34 points	0.27%	0.61%
Mizuho Financial Group	EFV +0.34 points	1.05%	0.71%
Komatsu	IVLU +0.34 points	0.15%	0.49%
Aercap HoldingsAER	IVLU +0.33 points	0.23%	0.56%
Oversea-Chinese Banking	EFV +0.34 points	0.69%	0.35%
Renesas Electronics Corp	IVLU +0.33 points	0.29%	0.62%
Capgemini	IVLU +0.33 points	0.20%	0.53%
Mercedes-Benz Group N AG	IVLU +0.32 points	0.28%	0.60%
Novartis AG	EFV +0.31 points	1.77%	1.46%
Nippon Yusen	IVLU +0.30 points	0.17%	0.47%
Volkswagen Non-Voting Pref AG	IVLU +0.30 points	0.15%	0.45%
Swiss Re AG	EFV +0.30 points	0.51%	0.21%
Toyota Motor	IVLU +0.30 points	1.70%	2.00%
Mitsui Osk Lines Ltd	IVLU +0.30 points	0.15%	0.45%
Arcelormittal SA	IVLU +0.30 points	0.23%	0.53%
Mitsui	IVLU +0.29 points	0.69%	0.98%
Kyocera	IVLU +0.29 points	0.23%	0.52%
Bhp Group Ltd	EFV +0.29 points	1.23%	0.94%
Csl	EFV +0.28 points	0.62%	0.34%
Murata Manufacturing	IVLU +0.27 points	0.39%	0.66%
Societe Generale SA	IVLU +0.26 points	0.39%	0.65%
National Grid PLCNG.L	EFV +0.26 points	0.77%	0.51%
Enel	EFV +0.25 points	0.73%	0.48%
Nippon Steel	IVLU +0.25 points	0.18%	0.43%
Intesa Sanpaolo	EFV +0.24 points	0.85%	0.61%
Bmw	IVLU +0.24 points	0.19%	0.43%
East Japan Railway	IVLU +0.21 points	0.07%	0.28%
Repsol	IVLU +0.20 points	0.35%	0.55%
Marubeni	IVLU +0.20 points	0.39%	0.59%
Nordea Bank	EFV +0.20 points	0.49%	0.29%
3I Group Fund PLCIII.L	IVLU +0.20 points	0.29%	0.49%
Daimler Truck Holding E AG	IVLU +0.20 points	0.19%	0.39%
Takeda Pharmaceutical	IVLU +0.19 points	0.31%	0.50%
Banco Bilbao Vizcaya Argentaria	EFV +0.19 points	1.20%	1.01%
E.on N	EFV +0.18 points	0.43%	0.25%
Jardine Matheson Holdings	IVLU +0.19 points	0.08%	0.27%
Compagnie De Saint Gobain SA	IVLU +0.18 points	0.31%	0.49%
Standard Chartered PLCSTAN.L	IVLU +0.17 points	0.29%	0.46%
Ericsson B	IVLU +0.17 points	0.27%	0.44%
Caixabank SA	EFV +0.17 points	0.40%	0.23%
Lloyds Banking Group PLCLLOY.L	IVLU +0.17 points	0.43%	0.60%
Woodside Energy Group Ltd	EFV +0.17 points	0.41%	0.24%
Imperial Brands PLCIMB.L	IVLU +0.16 points	0.26%	0.42%
Mitsubishi	IVLU +0.16 points	0.85%	1.01%
Rio Tinto	EFV +0.15 points	0.36%	0.21%
Kubota	IVLU +0.15 points	0.14%	0.29%
Toyota Tsusho	IVLU +0.15 points	0.25%	0.40%
Siemens N AG	IVLU +0.14 points	1.28%	1.42%
Eni	IVLU +0.14 points	0.25%	0.39%
Japan Tobacco	EFV +0.13 points	0.46%	0.33%
Kansai Electric Power	IVLU +0.13 points	0.15%	0.28%
Axa SA	EFV +0.13 points	0.68%	0.55%
Asahi Group Holdings	IVLU +0.13 points	0.14%	0.27%
Yangzijiang Shipbuilding (Holdings	IVLU +0.13 points	0.03%	0.16%
Kbc Groep	EFV +0.13 points	0.27%	0.14%
Nn Group	IVLU +0.13 points	0.21%	0.34%
Credit Agricole SA	IVLU +0.13 points	0.14%	0.27%
A P Moller Maersk B	IVLU +0.12 points	0.11%	0.23%
Rio TintoRIO.L	EFV +0.13 points	0.80%	0.67%
Aviva PLCAV.L	EFV +0.13 points	0.27%	0.14%
A P Moller Maersk	IVLU +0.11 points	0.08%	0.19%
Stellantis	IVLU +0.11 points	0.09%	0.20%
Japan Post Holdings Ltd	IVLU +0.12 points	0.21%	0.33%
International Airlines Group	IVLU +0.12 points	0.02%	0.14%
Basf N	EFV +0.12 points	0.48%	0.36%
Ing Groep	EFV +0.11 points	0.83%	0.72%
Swedbank	EFV +0.12 points	0.30%	0.18%
Chubu Electric Power Inc	IVLU +0.11 points	0.10%	0.21%
Deutsche Lufthansa AG	IVLU +0.12 points	0.04%	0.16%
Natwest Group PLCNWG.L	IVLU +0.11 points	0.57%	0.68%
Swire Pacific Ltd A	IVLU +0.11 points	0.04%	0.15%
Dhl AG	IVLU +0.11 points	0.55%	0.66%
Carrefour SA	IVLU +0.11 points	0.08%	0.19%
Haleon PLCHLN.L	EFV +0.11 points	0.35%	0.24%
Erste Group Bank AG	IVLU +0.11 points	0.17%	0.28%
Kirin Holdings	IVLU +0.11 points	0.08%	0.19%
Heineken NV	EFV +0.10 points	0.22%	0.12%
Naturgy Energy Group SA	EFV +0.10 points	0.13%	0.03%

All 394 EFV holdings⁠All 341 IVLU 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.

EFV vs IVLU Cost

Same expense ratio

$6,346

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

EFV 0.31%
$6,346
IVLU 0.31%
$6,346

Amount$10,000

Years30 years

Cost over time

EFV 0.31%
IVLU 0.31%

Year by year

Year	EFV	IVLU
10	$563	$563
20	$2,182	$2,182
30	$6,346	$6,346

Expense ratio

0.31%EFV
0.31%IVLU

EFV0.31%IVLU0.31%

0.08%0.65%

Middle half of International Value Index funds
Median 0.31%

EFV 5th cheapest of 12 funds

IVLU 5th cheapest of 12 funds

EFV vs IVLU Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EFV 4.61%, better; IVLU 3.33%
Payout (12M): EFV $3.65; IVLU $1.41
Last payment: EFV $2.04; IVLU $0.71
Ex-dividend: EFV Jun 15, 2026; IVLU Jun 15, 2026
Paid on: EFV Jun 18, 2026; IVLU Jun 18, 2026
Frequency: EFV Twice a year; IVLU Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

EFVTwice a year · 20 paymentsAll EFV payments⁠

IVLUTwice a year · 20 paymentsAll IVLU payments⁠

EFV vs IVLU Risk

Fall from peak · 5 years

EFV
IVLU

Risk facts

VolatilityStd dev, 3 years: EFV 11.4%, betterIVLU 11.7%
Return per unit of riskSharpe ratio, 3 years: EFV 1.59IVLU 1.62, better
Worst fallMax drawdown, 5 years: EFV −25.8%, betterIVLU −26.0%
Market sensitivityBeta, 5 years: EFV 0.76IVLU 0.80; Market = 1

EFV and IVLU in the news

All news⁠

ETF Filings
American Century files a mutual-fund wrapper for Avantis international large-cap value
Sep 7, 2026EFV

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EFV vs IVLU

In short

Stated mandate

Why people hold it

Worth knowing

How EFV and IVLU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFV

Only in IVLU

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

American Century files a mutual-fund wrapper for Avantis international large-cap value

How EFV and IVLU differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFV

Only in IVLU

Weight gaps