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EFAV vs. FID
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EFAV vs. FID

Last updated Jun 24, 2026

EFAV (iShares MSCI EAFE Min Vol Factor ETF) and FID (First Trust S&P International Dividend Aristocrats ETF) are both Foreign Large Cap Equities funds - EFAV tracks the MSCI EAFE Minimum Volatility (USD) Index while FID tracks the S&P International Dividend Aristocrats Index. Both are passively managed. Over the past 5 years, EFAV returned 5.83%/yr vs 7.59%/yr for FID. A 0.74 correlation means they provide meaningful diversification when combined. EFAV charges 0.20%/yr vs 0.60%/yr for FID.

Performance

EFAV vs. FID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE Min Vol Factor ETF (EFAV) and First Trust S&P International Dividend Aristocrats ETF (FID). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EFAV achieves a 2.67% return, which is significantly lower than FID's 5.57% return.

EFAV

1D
-0.18%
1M
-3.17%
YTD
2.67%
6M
2.24%
1Y
8.51%
3Y*
12.53%
5Y*
5.83%
10Y*
6.31%

FID

1D
-0.85%
1M
-2.23%
YTD
5.57%
6M
5.46%
1Y
18.04%
3Y*
17.19%
5Y*
7.59%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EFAV vs. FID - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
EFAV
iShares MSCI EAFE Min Vol Factor ETF		2.67%26.00%5.30%12.52%-15.11%7.20%-0.06%16.67%-7.14%
FID
First Trust S&P International Dividend Aristocrats ETF		5.57%32.07%5.42%9.92%-9.69%12.90%-7.56%20.82%-7.38%

Correlation

The correlation between EFAV and FID is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.79

Correlation (3Y)
Calculated over the trailing 3-year period

0.81

Correlation (5Y)
Calculated over the trailing 5-year period

0.78

Correlation (All Time)
Calculated using the full available price history since Aug 29, 2018

0.74

The correlation between EFAV and FID has been stable across timeframes, ranging from 0.74 to 0.81 - a consistent structural relationship.

EFAV vs. FID - Sectors Allocation Comparison

Sectors
EFAV
FID

Financial Services

19.4%
20.4%

Industrials

15.9%
13.6%

Healthcare

12.0%
3.4%

Consumer Defensive

11.9%
3.7%

Communication Services

9.6%
11.3%

Utilities

8.8%
16.3%

Energy

8.3%
7.9%

Consumer Cyclical

5.0%
3.8%

Technology

4.6%
6.3%

Real Estate

3.0%
9.1%

Basic Materials

1.5%
4.4%

Financial Services

EFAV
19.4%
FID
20.4%

Industrials

EFAV
15.9%
FID
13.6%

Healthcare

EFAV
12.0%
FID
3.4%

Consumer Defensive

EFAV
11.9%
FID
3.7%

Communication Services

EFAV
9.6%
FID
11.3%

Utilities

EFAV
8.8%
FID
16.3%

Energy

EFAV
8.3%
FID
7.9%

Consumer Cyclical

EFAV
5.0%
FID
3.8%

Technology

EFAV
4.6%
FID
6.3%

Real Estate

EFAV
3.0%
FID
9.1%

Basic Materials

EFAV
1.5%
FID
4.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI EAFE Min Vol Factor ETF

First Trust S&P International Dividend Aristocrats ETF

Often compared with EFAV:
EFAV vs. EFVEFAV vs. EFAEFAV vs. ACWVEFAV vs. EEMVEFAV vs. USMVEFAV vs. EFASEFAV vs. SPLV
Often compared with FID:
FID vs. IGROFID vs. KNGFID vs. VIGFID vs. VIGIFID vs. FDFIXFID vs. BRK-BFID vs. VXUS

Return for Risk

EFAV vs. FID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EFAV
EFAV Risk / Return Rank: 2424
Overall Rank
EFAV Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
EFAV Sortino Ratio Rank: 2222
Sortino Ratio Rank
EFAV Omega Ratio Rank: 2222
Omega Ratio Rank
EFAV Calmar Ratio Rank: 2727
Calmar Ratio Rank
EFAV Martin Ratio Rank: 2626
Martin Ratio Rank
FID
FID Risk / Return Rank: 5050
Overall Rank
FID Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
FID Sortino Ratio Rank: 5454
Sortino Ratio Rank
FID Omega Ratio Rank: 5252
Omega Ratio Rank
FID Calmar Ratio Rank: 4242
Calmar Ratio Rank
FID Martin Ratio Rank: 4444
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EFAV vs. FID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Min Vol Factor ETF (EFAV) and First Trust S&P International Dividend Aristocrats ETF (FID). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

EFAVFIDDifference
Sharpe ratioReturn per unit of total volatility
0.81
1.76

-0.95

Sortino ratioReturn per unit of downside risk
1.19
2.48

-1.29

Omega ratioGain probability vs. loss probability

1.15

1.31

-0.16

Calmar ratioReturn relative to maximum drawdown

1.28

2.03

-0.75

Martin ratioReturn relative to average drawdown

3.26

6.97

-3.71

EFAV vs. FID - Sharpe Ratio Comparison

The current EFAV Sharpe Ratio is 0.81, which is lower than the FID Sharpe Ratio of 1.76. The chart below compares the historical Sharpe Ratios of EFAV and FID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

EFAV vs. FID - Drawdown Comparison

The maximum EFAV drawdown since its inception was -27.56%, smaller than the maximum FID drawdown of -39.79%. Use the drawdown chart below to compare losses from any high point for EFAV and FID.

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Drawdown Indicators

EFAVFIDDifference

Max Drawdown

Largest peak-to-trough decline

-27.56%

-39.79%

+12.23%

Max Drawdown (1Y)

Largest decline over 1 year

-6.66%

-8.93%

+2.27%

Max Drawdown (3Y)

Largest decline over 3 years

-8.75%

-10.97%

+2.22%

Max Drawdown (5Y)

Largest decline over 5 years

-27.46%

-29.13%

+1.67%

Max Drawdown (10Y)

Largest decline over 10 years

-27.56%

—

—

Current Drawdown

Current decline from peak

-6.66%

-3.84%

-2.82%

Average Drawdown

Average peak-to-trough decline

-4.77%

-8.43%

+3.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.61%

2.59%

+0.02%

Volatility

EFAV vs. FID - Volatility Comparison

The current volatility for iShares MSCI EAFE Min Vol Factor ETF (EFAV) is 3.10%, while First Trust S&P International Dividend Aristocrats ETF (FID) has a volatility of 3.41%. This indicates that EFAV experiences smaller price fluctuations and is considered to be less risky than FID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EFAVFIDDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.10%

3.41%

-0.31%

Volatility (6M)

Calculated over the trailing 6-month period

8.53%

8.58%

-0.05%

Volatility (1Y)

Calculated over the trailing 1-year period

10.57%

10.33%

+0.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.82%

17.05%

-5.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.06%

18.92%

-5.86%

EFAV vs. FID - Expense Ratio Comparison

EFAV has a 0.20% expense ratio, which is lower than FID's 0.60% expense ratio.

Dividends

EFAV vs. FID - Dividend Comparison

EFAV's dividend yield for the trailing twelve months is around 3.29%, less than FID's 4.14% yield.

PositionTTM20252024202320222021202020192018201720162015
EFAV
iShares MSCI EAFE Min Vol Factor ETF		3.29%3.20%3.24%3.08%2.53%2.47%1.33%4.19%3.34%2.45%3.94%2.49%
FID
First Trust S&P International Dividend Aristocrats ETF		4.14%4.30%4.31%4.19%4.22%3.76%3.91%3.70%1.74%0.00%0.00%0.00%

Frequently Asked Questions

EFAV and FID have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FID has higher volatility (3.41%) compared to EFAV (3.10%). In terms of maximum drawdown, EFAV dropped -27.56% vs FID's -39.79%.

On 5-year performance, FID leads with 7.59% vs 5.83% for EFAV. On fees, EFAV is cheaper at 0.20% per year. On volatility, EFAV has been the lower-risk option at 3.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, FID has performed better with a 7.59% return vs 5.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

EFAV is cheaper with a 0.20% expense ratio, compared with 0.60% for FID.

FID has the higher dividend yield at 4.14%, compared with 3.29% for EFAV.

EFAV tracks MSCI EAFE Minimum Volatility (USD) Index, while FID tracks S&P International Dividend Aristocrats Index. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.20% for EFAV and 0.60% for FID.

FID currently has the higher Sharpe Ratio (1.76 vs 0.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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