EFAV vs. USMV
Compare and contrast key facts about iShares Edge MSCI Min Vol EAFE ETF (EFAV) and iShares Edge MSCI Min Vol USA ETF (USMV).
EFAV and USMV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFAV is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Minimum Volatility Index. It was launched on Oct 18, 2011. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011. Both EFAV and USMV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EFAV or USMV.
Correlation
The correlation between EFAV and USMV is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EFAV vs. USMV - Performance Comparison
Key characteristics
EFAV:
0.74
USMV:
1.89
EFAV:
1.09
USMV:
2.62
EFAV:
1.13
USMV:
1.34
EFAV:
0.75
USMV:
2.76
EFAV:
2.84
USMV:
11.38
EFAV:
2.55%
USMV:
1.44%
EFAV:
9.76%
USMV:
8.66%
EFAV:
-27.56%
USMV:
-33.10%
EFAV:
-8.03%
USMV:
-5.93%
Returns By Period
In the year-to-date period, EFAV achieves a 4.66% return, which is significantly lower than USMV's 15.43% return. Over the past 10 years, EFAV has underperformed USMV with an annualized return of 4.20%, while USMV has yielded a comparatively higher 10.17% annualized return.
EFAV
4.66%
-1.74%
2.61%
6.85%
1.50%
4.20%
USMV
15.43%
-2.77%
6.78%
16.14%
8.09%
10.17%
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EFAV vs. USMV - Expense Ratio Comparison
EFAV has a 0.20% expense ratio, which is higher than USMV's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
EFAV vs. USMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Min Vol EAFE ETF (EFAV) and iShares Edge MSCI Min Vol USA ETF (USMV). 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.
Dividends
EFAV vs. USMV - Dividend Comparison
EFAV's dividend yield for the trailing twelve months is around 4.43%, more than USMV's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAV iShares Edge MSCI Min Vol EAFE ETF | 3.26% | 3.07% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% | 3.57% | 2.53% |
USMV iShares Edge MSCI Min Vol USA ETF | 1.68% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% | 1.88% | 2.18% |
Drawdowns
EFAV vs. USMV - Drawdown Comparison
The maximum EFAV drawdown since its inception was -27.56%, smaller than the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for EFAV and USMV. For additional features, visit the drawdowns tool.
Volatility
EFAV vs. USMV - Volatility Comparison
The current volatility for iShares Edge MSCI Min Vol EAFE ETF (EFAV) is 2.82%, while iShares Edge MSCI Min Vol USA ETF (USMV) has a volatility of 3.06%. This indicates that EFAV experiences smaller price fluctuations and is considered to be less risky than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.