EFAV vs. MVAL
EFAV (iShares MSCI EAFE Min Vol Factor ETF) and MVAL (VanEck Morningstar Wide Moat Value ETF) are both exchange-traded funds - EFAV is a Foreign Large Cap Equities fund tracking the MSCI EAFE Minimum Volatility (USD) Index, while MVAL is a Large Cap Value Equities fund tracking the Morningstar US Broad Value Wide Moat Focus Index - Benchmark TR Gross. Both are passively managed. Over the past year, EFAV returned 8.94% vs 16.60% for MVAL. A 0.51 correlation means they provide meaningful diversification when combined. EFAV charges 0.20%/yr vs 0.49%/yr for MVAL.
Performance
EFAV vs. MVAL - Performance Comparison
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Returns By Period
In the year-to-date period, EFAV achieves a 2.87% return, which is significantly higher than MVAL's 0.97% return.
EFAV
- 1D
- 0.09%
- 1M
- -2.63%
- YTD
- 2.87%
- 6M
- 2.52%
- 1Y
- 8.94%
- 3Y*
- 12.70%
- 5Y*
- 5.82%
- 10Y*
- 6.44%
MVAL
- 1D
- 0.43%
- 1M
- 2.12%
- YTD
- 0.97%
- 6M
- 0.10%
- 1Y
- 16.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EFAV vs. MVAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EFAV iShares MSCI EAFE Min Vol Factor ETF | 2.87% | 26.00% | 2.62% |
MVAL VanEck Morningstar Wide Moat Value ETF | 0.97% | 14.17% | 6.27% |
Correlation
The correlation between EFAV and MVAL is 0.54, 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 | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 28, 2024 | 0.51 |
The correlation between EFAV and MVAL has been stable across timeframes, ranging from 0.51 to 0.54 - a consistent structural relationship.
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Return for Risk
EFAV vs. MVAL — Risk / Return Rank
EFAV
MVAL
EFAV vs. MVAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Min Vol Factor ETF (EFAV) and VanEck Morningstar Wide Moat Value ETF (MVAL). 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.
| EFAV | MVAL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.35 | ||
| Sortino ratioReturn per unit of downside risk | -0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.21 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.35 | 1.37 | -0.02 |
| Martin ratioReturn relative to average drawdown | 3.35 | 3.13 | +0.22 |
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Drawdowns
EFAV vs. MVAL - Drawdown Comparison
The maximum EFAV drawdown since its inception was -27.56%, which is greater than MVAL's maximum drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for EFAV and MVAL.
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Drawdown Indicators
| EFAV | MVAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.56% | -19.56% | -8.00% |
Max Drawdown (1Y)Largest decline over 1 year | -6.66% | -12.16% | +5.50% |
Max Drawdown (3Y)Largest decline over 3 years | -8.75% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -27.46% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -27.56% | — | — |
Current DrawdownCurrent decline from peak | -6.48% | -7.58% | +1.10% |
Average DrawdownAverage peak-to-trough decline | -4.77% | -3.90% | -0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.67% | 5.31% | -2.64% |
Volatility
EFAV vs. MVAL - Volatility Comparison
The current volatility for iShares MSCI EAFE Min Vol Factor ETF (EFAV) is 3.06%, while VanEck Morningstar Wide Moat Value ETF (MVAL) has a volatility of 4.22%. This indicates that EFAV experiences smaller price fluctuations and is considered to be less risky than MVAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| EFAV | MVAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.06% | 4.22% | -1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.53% | 9.92% | -1.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.54% | 13.87% | -3.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.82% | 15.40% | -3.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.05% | 15.40% | -2.35% |
EFAV vs. MVAL - Expense Ratio Comparison
EFAV has a 0.20% expense ratio, which is lower than MVAL's 0.49% expense ratio.
Dividends
EFAV vs. MVAL - Dividend Comparison
EFAV's dividend yield for the trailing twelve months is around 3.28%, more than MVAL's 1.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAV iShares MSCI EAFE Min Vol Factor ETF | 3.28% | 3.20% | 3.24% | 3.08% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% |
MVAL VanEck Morningstar Wide Moat Value ETF | 1.73% | 1.75% | 0.97% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
EFAV and MVAL have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MVAL has higher volatility (4.22%) compared to EFAV (3.06%). In terms of maximum drawdown, EFAV dropped -27.56% vs MVAL's -19.56%.
On 1-year performance, MVAL leads with 16.60% vs 8.94% for EFAV. On fees, EFAV is cheaper at 0.20% per year. On volatility, EFAV has been the lower-risk option at 3.06%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MVAL has performed better with a 16.60% return vs 8.94%. 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 0.49% for MVAL.
EFAV has the higher dividend yield at 3.28%, compared with 1.73% for MVAL.
EFAV is categorized as Foreign Large Cap Equities, while MVAL is Large Cap Value Equities. EFAV tracks MSCI EAFE Minimum Volatility (USD) Index, while MVAL tracks Morningstar US Broad Value Wide Moat Focus Index - Benchmark TR Gross. They also come from different issuers: iShares and VanEck. Their fees differ too: 0.20% for EFAV and 0.49% for MVAL.
MVAL currently has the higher Sharpe Ratio (1.20 vs 0.85), 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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