ACWV — iShares MSCI Global Min Vol Factor ETF
US Quality / Factor Ranked #229 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 is a US Quality / Factor fund issued by iShares, managing $3.40 billion in assets. It holds a C grade with a score of 60.0 out of 100, ranking 14th out of 16 peers in its category and 229th of 458 tracked ETFs overall. The fund charges an expense ratio of 0.2%, which is higher than the category median of 0.15%. It offers a dividend yield of 1.86%, exceeding the category median of 1.24%. The top ten holdings represent 12.5% of assets, with Cisco Systems, Inc. being the largest position at 2.1%.
The fund has been available for 3.0 years, with its C grade remaining unchanged over the last 35 tracked days. Over the past year, it returned 8.74%, significantly trailing the category median of 20.82%. Short-term momentum shows a 1-month return of 1.28% and a 3-month return of 6.57%, while the year-to-date gain stands at 8.39%. The current price of $127.51 sits at 91.8% of its 52-week range, indicating it is near the top of its recent trading band.
With a beta of 0.42, the ETF moves less than the broader market, contributing to its low annualized volatility of 8.00%. This conservative profile is reflected in a Sharpe ratio of 0.47 and a maximum drawdown of -7.56%. Liquidity is moderate, with an average daily volume of 97,803 shares but a wide bid-ask spread of 11.40%. These metrics suggest a record of lower price swings and limited downside severity compared to higher-beta alternatives.
AI-generated summary based on the data on this page.
ACWV Top Holdings
| # | Holding | % of Net Assets | Value |
|---|---|---|---|
| 1 | CISCO SYSTEMS, INC. | 2.13% | $70M |
| 2 | JOHNSON & JOHNSON | 1.41% | $46M |
| 3 | Taiwan Semiconductor Manufacturing Company Limited | 1.22% | $40M |
| 4 | DUKE ENERGY CORPORATION | 1.22% | $40M |
| 5 | MOTOROLA SOLUTIONS, INC. | 1.16% | $38M |
| 6 | MICROSOFT CORPORATION | 1.13% | $37M |
| 7 | United Microelectronics Corporation | 1.08% | $36M |
| 8 | THE SOUTHERN COMPANY | 1.08% | $36M |
| 9 | CENCORA, INC. | 1.06% | $35M |
| 10 | BERKSHIRE HATHAWAY INC. | 1.03% | $34M |
Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 12.5% 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 — IWD overlaps most, holding 4 of the same companies as ACWV's top 10 (5.7% of ACWV's assets).
| ETF | Name | Shared Companies | ACWV Weight | Examples |
|---|---|---|---|---|
| IWD | iShares Russell 1000 Value ETF | 4 | 5.7% | MICROSOFT CORPORATION, BERKSHIRE HATHAWAY INC., CISCO SYSTEMS, INC.… |
| IWX | iShares Russell Top 200 Value ETF | 4 | 5.7% | MICROSOFT CORPORATION, BERKSHIRE HATHAWAY INC., CISCO SYSTEMS, INC.… |
| USMV | iShares MSCI USA Min Vol Factor ETF | 4 | 5.6% | CISCO SYSTEMS, INC., DUKE ENERGY CORPORATION, MICROSOFT CORPORATION… |
| VTV | Vanguard Morningstar Value ETF | 3 | 4.6% | BERKSHIRE HATHAWAY INC., JOHNSON & JOHNSON, CISCO SYSTEMS, INC. |
| SCHV | Schwab U.S. Large-Cap Value ETF | 3 | 4.6% | BERKSHIRE HATHAWAY INC., CISCO SYSTEMS, INC., JOHNSON & JOHNSON |
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: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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 2026-08-01) — 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 1.86%. 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 11.40% and average daily volume is 98K/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 $3.40B 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 | -0.55% |
| 1-Week | +0.09% |
| 1-Month | +1.28% |
| 3-Month | +6.57% |
| 6-Month | +5.22% |
| YTD | +8.39% |
| 1-Year | +8.74% |
| 3-Year | +40.02% |
How ACWV Compares to Other US Quality / Factor ETFs
| Rank | Grade | Ticker | Name | 1-Year | Exp. Ratio | AUM |
|---|---|---|---|---|---|---|
| #9 | B+ |
VLUE | iShares MSCI USA Value Factor ETF | +74.60% | 0.15% | $9.70B |
| #59 | B |
DYNF | iShares U.S. Equity Factor Rotation Active ETF | +22.33% | 0.26% | $41.3B |
| #96 | B |
SPMO | Invesco S&P 500 Momentum ETF | +28.68% | 0.13% | $22.1B |
| #100 | B |
EEMV | iShares MSCI Emerging Markets Min Vol Factor ETF | +25.53% | 0.25% | $3.66B |
| #103 | B |
VFVA | Vanguard U.S. Value Factor ETF Shares | +29.91% | 0.13% | $957M |
| #109 | B |
COWZ | Pacer US Cash Cows 100 ETF | +26.65% | 0.49% | $20.1B |
| #124 | B |
QUAL | iShares MSCI USA Quality Factor ETF | +18.05% | 0.15% | $47.7B |
| #139 | B |
SPHQ | Invesco S&P 500 Quality ETF | +19.31% | 0.15% | $18.9B |
| #141 | B |
MTUM | iShares MSCI USA Momentum Factor ETF | +25.35% | 0.15% | $24.2B |
| #152 | B |
EFAV | iShares MSCI EAFE Min Vol Factor ETF | +15.26% | 0.2% | $5.51B |
| #168 | B |
LRGF | iShares U.S. Equity Factor ETF | +18.47% | 0.08% | $3.70B |
| #200 | C |
USMV | iShares MSCI USA Min Vol Factor ETF | +8.64% | 0.15% | $24.2B |
| #204 | C |
VFMO | Vanguard U.S. Momentum Factor ETF ETF Shares | +27.56% | 0.13% | $1.92B |
| #229 | C |
ACWV | iShares MSCI Global Min Vol Factor ETF | +8.74% | 0.2% | $3.40B |
| #254 | C |
VFQY | Vanguard U.S. Quality Factor ETF Shares | +18.53% | 0.13% | $511M |
| #286 | C |
SPLV | Invesco S&P 500 Low Volatility ETF | +4.09% | 0.25% | $7.09B |