EFAV iShares MSCI EAFE Minimum Volatility Index Fund ETF

Seeks to track, before fees and expenses, the MSCI EAFE Minimum Volatility Index.The Index is composed of developed market equities that, in the aggregate, have lower volatility characteristics relative to the broader developed equity markets, excluding the U.S. and Canada. The Index is calculated using Barra Optimizer to optimize the MSCI EAFE Index for the lowest absolute volatility with a certain set of constraints. These constraints help maintain index replicability and investability and include index turnover limits, for example, along with minimum and maximum constituent, sector and/or country weights relative to the parent index. The Index is rebalanced (or is re-optimized) semi-annually in May and November.

$66.07  -0.02 (-0.03%)
As of 03/24/2023 14:15:12 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     iShares
Category1:  Global Equity
Category2:  Developed markets ex-US
Category3:  Large and mid cap
Morningstar category:  Foreign Large Blend
Leverage factor:  1.00
Inception date:  10/18/2011
Index tracking method: Passive replication
Current yield:  2.43%
Historical average yield:  2.75%
Market cap:  $7,316,163,000
Average volume:  381,209
Fees:     0.2000%

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Index Information

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MSCI EAFE Minimum Volatility Index
Index symbol:  M00IEA$O
Provider:   MSCI
Index weighting:   Composite scores
Index inception date:  12/01/2009
Backtesting data exists:   Yes
Index factsheet:  Read PDF
Number of holdings:  239  (as of 11/19/2018)
Strategy:  Low volatility
Rebalanced:  Semi-annually
Reconstituted:  Semi-annually
Factors used to select securities:
Volatility