ACWV — iShares MSCI Global Min Vol Factor ETF
US Quality / Factor Ranked #294 of 458 tracked ETFs · Issued by iShares
ACWV Price Performance — Growth of $10,000
Value of a $10,000 investment in ACWV over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.
ACWV Drawdown
The "underwater" chart: ACWV's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.
What If You'd Invested in ACWV?
See what a lump sum in ACWV would have grown to, with the option to add a regular monthly contribution on top. Figures use total returns — dividends are assumed reinvested.
Past performance doesn't predict future results. Assumes contributions on the first trading day of each month, no trading costs or taxes, and reinvested distributions. History is limited to the range published in the site's daily return data.
Overview
The iShares MSCI Global Min Vol Factor ETF (ACWV) operates within the US Quality / Factor category, where ETFValuer tracks a total of 16 funds. Issued by iShares, this fund has accumulated assets under management of $3.24 billion and currently trades at a price of $122.19. It holds an overall rank of #294 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 57.2 out of 100. The fund carries an expense ratio of 0.2% and offers a dividend yield of 1.96%. The combination of a mid-tier grade and a substantial asset base suggests a moderate level of investor adoption relative to its peers. Its position as the second-highest ranked fund in its specific category among the 16 tracked options highlights its standing within the factor space.
Over the most recent trading day, the fund posted a return of +1.03%, followed by a weekly gain of +0.39%. Monthly performance accelerated to +2.19%, while the three-month return reached +2.35%. The six-month return stood at +2.82%, and year-to-date gains have accumulated to +3.86%. Annual returns for the past year were recorded at +4.84%, contrasting with a significantly higher three-year return of +31.39%. This data indicates a pattern where long-term performance has substantially outpaced recent short-term gains, suggesting a divergence between the fund's multi-year trajectory and its immediate momentum.
ACWV carries a volatility label of Low and a beta of 0.44, indicating that the fund generally experiences less price fluctuation than the broader market. Despite this lower volatility profile, the fund recorded a maximum drawdown of -7.56% during the measured period. The Sharpe ratio for the fund is -0.02, which suggests that the risk-adjusted returns have been minimal relative to the volatility incurred. This combination of a low beta and negative Sharpe ratio implies that while the fund may limit downside moves in volatile markets, it has struggled to generate sufficient excess returns to compensate for the risks taken. The modest maximum drawdown aligns with the low volatility classification, yet the negative risk-adjusted metric points to challenges in generating alpha during the observed timeframe.
AI-generated summary based on the data on this page.
ACWV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | Johnson & Johnson | 1.76% | $63M |
| 2 | Cisco Systems Inc | 1.56% | $56M |
| 3 | Cencora Inc | 1.42% | $51M |
| 4 | McKesson Corp | 1.40% | $50M |
| 5 | Motorola Solutions Inc | 1.34% | $48M |
| 6 | Duke Energy Corp | 1.25% | $45M |
| 7 | Southern Co/The | 1.11% | $40M |
| 8 | Deutsche Telekom AG | 1.10% | $39M |
| 9 | McDonald's Corp | 1.07% | $38M |
| 10 | Waste Management Inc | 1.07% | $38M |
Holdings as of 2026-02-28 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 13.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how ACWV's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.
Which Funds Overlap With ACWV
Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with ACWV's top 10 — USMV overlaps most, holding 4 of the same companies as ACWV's top 10 (5.0% of ACWV's assets).
| ETF | Name | Shared Companies | ACWV Weight | Examples |
|---|---|---|---|---|
| USMV | iShares MSCI USA Min Vol Factor ETF | 4 | 5.0% | Cisco Systems Inc, Duke Energy Corp, Southern Co/The… |
| IDU | iShares U.S. Utilities ETF | 3 | 3.4% | Southern Co/The, Duke Energy Corp, Waste Management Inc |
| SCHV | Schwab U.S. Large-Cap Value ETF | 2 | 3.3% | Johnson & Johnson, Cisco Systems Inc |
| VYM | Vanguard High Dividend Yield Index Fund ETF Shares | 2 | 3.3% | Johnson & Johnson, Cisco Systems Inc |
| XLU | State Street Utilities Select Sector SPDR ETF | 2 | 2.4% | Southern Co/The, Duke Energy Corp |
Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.
Market Backdrop
10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.
CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.
Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.
What ACWV's Fees Cost You
ACWV charges an expense ratio of 0.20% a year, deducted automatically from the fund's value. Small percentages compound into real money — adjust the figures below to see the impact on your own numbers.
Assumes a constant gross return and no additional contributions — a simplification, but it isolates exactly what the expense ratio costs. Try the full fee calculator to model contributions and compare any two funds.
ACWV Dividend Income Estimator
ACWV currently yields 1.96%. Enter an amount to see the income that implies, or set a monthly income target to see the investment it would take.
Based on the fund's current trailing yield, which varies with price and distributions — treat it as an estimate, not a guarantee. Yields are not adjusted for tax.
ACWV Liquidity, Domicile & Tax Treatment
Liquidity: Quoted bid/ask spread is 11.39% and average daily volume is 100K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $3.24B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.
Domicile & tax treatment: ACWV is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.
ACWV Performance History
| Period | Return |
|---|---|
| 1-Day | +1.03% |
| 1-Week | +0.39% |
| 1-Month | +2.19% |
| 3-Month | +2.35% |
| 6-Month | +2.82% |
| YTD | +3.86% |
| 1-Year | +4.84% |
| 3-Year | +31.39% |
How ACWV Compares to Other US Quality / Factor ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #8 | B+ |
VLUE | iShares MSCI USA Value Factor ETF | +70.30% | 0.15% | $10.6B |
| #41 | B+ |
DYNF | iShares U.S. Equity Factor Rotation Active ETF | +21.35% | 0.26% | $38.0B |
| #44 | B+ |
SPMO | Invesco S&P 500 Momentum ETF | +29.19% | 0.13% | $22.2B |
| #72 | B |
MTUM | iShares MSCI USA Momentum Factor ETF | +28.38% | 0.15% | $29.0B |
| #82 | B |
QUAL | iShares MSCI USA Quality Factor ETF | +17.51% | 0.15% | $45.9B |
| #87 | B |
SPHQ | Invesco S&P 500 Quality ETF | +18.42% | 0.15% | $20.4B |
| #127 | B |
VFMO | Vanguard U.S. Momentum Factor ETF ETF Shares | +29.78% | 0.13% | $1.96B |
| #130 | B |
VFVA | Vanguard U.S. Value Factor ETF Shares | +27.12% | 0.13% | $845M |
| #175 | C |
LRGF | iShares U.S. Equity Factor ETF | +15.80% | 0.08% | $3.51B |
| #193 | C |
EFAV | iShares MSCI EAFE Min Vol Factor ETF | +10.91% | 0.2% | $5.08B |
| #223 | C |
EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | +15.22% | 0.25% | $3.65B |
| #229 | C |
USMV | iShares MSCI USA Min Vol Factor ETF | +4.76% | 0.15% | $23.0B |
| #255 | C |
SPLV | Invesco S&P 500 Low Volatility ETF | +7.40% | 0.25% | $7.06B |
| #274 | C |
COWZ | Pacer US Cash Cows 100 ETF | +15.35% | 0.49% | $17.6B |
| #284 | C |
VFQY | Vanguard U.S. Quality Factor ETF Shares | +16.72% | 0.13% | $474M |
| #294 | C |
ACWV | iShares MSCI Global Min Vol Factor ETF | +4.84% | 0.2% | $3.24B |