PCIG vs. EFAV

Last updated Jun 23, 2026

PCIG (Polen Capital International Growth ETF) and EFAV (iShares MSCI EAFE Min Vol Factor ETF) are both Foreign Large Cap Equities funds. PCIG is actively managed, while EFAV is passively managed. Over the past year, PCIG returned -6.53% vs 9.40% for EFAV. A 0.52 correlation means they provide meaningful diversification when combined. PCIG charges 0.85%/yr vs 0.20%/yr for EFAV.

Performance

PCIG vs. EFAV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Polen Capital International Growth ETF (PCIG) and iShares MSCI EAFE Min Vol Factor ETF (EFAV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PCIG achieves a -3.84% return, which is significantly lower than EFAV's 2.86% return.

PCIG

• 1D: -0.73%
• 1M: 4.10%
• YTD: -3.84%
• 6M: -4.33%
• 1Y: -6.53%
• 3Y*: —
• 5Y*: —
• 10Y*: —

EFAV

• 1D: -0.35%
• 1M: -2.99%
• YTD: 2.86%
• 6M: 3.20%
• 1Y: 9.40%
• 3Y*: 12.60%
• 5Y*: 6.00%
• 10Y*: 6.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PCIG vs. EFAV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
PCIG Polen Capital International Growth ETF	-3.84%	-0.02%	-8.47%
EFAV iShares MSCI EAFE Min Vol Factor ETF	2.86%	26.00%	3.42%

Correlation

The correlation between PCIG and EFAV is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (All Time) Calculated using the full available price history since Mar 15, 2024	0.52

The correlation between PCIG and EFAV has been stable across timeframes, ranging from 0.48 to 0.52 - a consistent structural relationship.

PCIG vs. EFAV - Sectors Allocation Comparison

Sectors	PCIG	EFAV
Technology	41.5%	4.6%
Financial Services	15.4%	19.4%
Industrials	12.7%	15.9%
Healthcare	11.4%	12.0%
Consumer Cyclical	9.9%	5.0%
Communication Services	9.1%	9.6%
Basic Materials	-	1.5%
Consumer Defensive	-	11.9%
Energy	-	8.3%
Real Estate	-	3.0%
Utilities	-	8.8%

Return for Risk

PCIG vs. EFAV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PCIG

PCIG Risk / Return Rank: 6
PCIG Sharpe Ratio Rank: 6
PCIG Sortino Ratio Rank: 6
PCIG Omega Ratio Rank: 6
PCIG Calmar Ratio Rank: 6
PCIG Martin Ratio Rank: 6

EFAV

EFAV Risk / Return Rank: 26
EFAV Sharpe Ratio Rank: 26
EFAV Sortino Ratio Rank: 24
EFAV Omega Ratio Rank: 24
EFAV Calmar Ratio Rank: 30
EFAV Martin Ratio Rank: 28

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.

PCIG vs. EFAV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Polen Capital International Growth ETF (PCIG) and iShares MSCI EAFE Min Vol Factor ETF (EFAV). 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.

	PCIG	EFAV	Difference
Sharpe ratio: Return per unit of total volatility	-0.34	0.89	-1.24
Sortino ratio: Return per unit of downside risk	-0.35	1.31	-1.66
Omega ratio: Gain probability vs. loss probability	0.96	1.16	-0.20
Calmar ratio: Return relative to maximum drawdown	-0.30	1.45	-1.76
Martin ratio: Return relative to average drawdown	-0.67	3.66	-4.32

PCIG vs. EFAV - Sharpe Ratio Comparison

The current PCIG Sharpe Ratio is -0.34, which is lower than the EFAV Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of PCIG and EFAV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PCIG vs. EFAV - Drawdown Comparison

The maximum PCIG drawdown since its inception was -23.40%, smaller than the maximum EFAV drawdown of -27.56%. Use the drawdown chart below to compare losses from any high point for PCIG and EFAV.

Drawdown Indicators

	PCIG	EFAV	Difference
Max Drawdown Largest peak-to-trough decline	-23.40%	-27.56%	+4.16%
Max Drawdown (1Y) Largest decline over 1 year	-21.65%	-6.49%	-15.16%
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 Drawdown Current decline from peak	-12.96%	-6.49%	-6.47%
Average Drawdown Average peak-to-trough decline	-7.24%	-4.77%	-2.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.78%	2.58%	+7.20%

Volatility

PCIG vs. EFAV - Volatility Comparison

Polen Capital International Growth ETF (PCIG) has a higher volatility of 6.74% compared to iShares MSCI EAFE Min Vol Factor ETF (EFAV) at 3.10%. This indicates that PCIG's price experiences larger fluctuations and is considered to be riskier than EFAV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PCIG	EFAV	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.74%	3.10%	+3.64%
Volatility (6M) Calculated over the trailing 6-month period	15.78%	8.53%	+7.25%
Volatility (1Y) Calculated over the trailing 1-year period	19.11%	10.59%	+8.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.22%	11.83%	+6.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.22%	13.19%	+5.03%

PCIG vs. EFAV - Expense Ratio Comparison

PCIG has a 0.85% expense ratio, which is higher than EFAV's 0.20% expense ratio.

Dividends

PCIG vs. EFAV - Dividend Comparison

PCIG's dividend yield for the trailing twelve months is around 0.15%, less than EFAV's 3.28% 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%
PCIG Polen Capital International Growth ETF	0.15%	0.14%	0.36%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PCIG and EFAV in my portfolio?

PCIG and EFAV have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PCIG or EFAV?

PCIG has higher volatility (6.74%) compared to EFAV (3.10%). In terms of maximum drawdown, PCIG dropped -23.40% vs EFAV's -27.56%.

Which ETF is better, PCIG or EFAV?

On 1-year performance, EFAV leads with 9.40% vs -6.53% for PCIG. 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.

Which ETF has performed better, PCIG or EFAV?

Over the 1-year period, EFAV has performed better with a 9.40% return vs -6.53%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PCIG or EFAV?

EFAV is cheaper with a 0.20% expense ratio, compared with 0.85% for PCIG.

Which ETF pays a higher dividend yield, PCIG or EFAV?

EFAV has the higher dividend yield at 3.28%, compared with 0.15% for PCIG.

What is the main difference between PCIG and EFAV?

They also come from different issuers: Polen and iShares. Their fees differ too: 0.85% for PCIG and 0.20% for EFAV.

Which has better risk-adjusted returns?

EFAV currently has the higher Sharpe Ratio (0.89 vs -0.34), 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.