iShares MSCI Global Min Vol Factor ETF (ACWV) Performance
ACWV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +9.6% since Dec 31, 2025
- 1 year
- +9.4% total return
- 5 years
- +6.3% a year
- 10 years
- +8.1% a year
- Since first price
- +8.6% a year since 2011
ACWV trailing returns vs SPY, QQQ, AGG
| Period | ACWV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.6% | +3.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.6% | +6.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.0% | +7.1% | +7.8% | +8.4% | −1.5% |
| YTD | +9.6% | +8.6% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.4% | +7.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +47.8%+13.9%/yr | +38.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +35.6%+6.3%/yr | +21.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +117.4%+8.1%/yr | +74.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +253.2%+8.8%/yr | +154.4% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionOct 20, 2011 | +244.3%+8.6%/yr | +148.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: ACWV vs SPY
From Oct 20, 2011: ACWV grew to $34,427, SPY to $81,114.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
ACWV returns by calendar year
12 of 14 full years positive. Best 2019 (+21.0%), worst 2022 (−10.4%). 2026 is year to date.
ACWV annual returns table
| Year | ACWV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +9.6% | −6.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +11.0% | −7.6% | +17.7% | +20.8% | +7.2% |
| 2024 | +11.4% | −4.5% | +24.9% | +25.6% | +1.3% |
| 2023 | +8.2% | −7.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −10.4% | −17.8% | −18.2% | −32.6% | −13.0% |
| 2021 | +14.0% | −5.3% | +28.7% | +27.4% | −1.8% |
| 2020 | +3.0% | −28.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +21.0% | −3.6% | +31.2% | +39.0% | +8.5% |
| 2018 | −1.4% | −10.1% | −4.6% | −0.1% | +0.1% |
| 2017 | +18.6% | −2.5% | +21.7% | +32.7% | +3.6% |
| 2016 | +7.5% | −7.9% | +12.0% | +7.1% | +2.4% |
| 2015 | +2.9% | −11.2% | +1.2% | +9.4% | +0.5% |
| 2014 | +10.6% | −4.9% | +13.5% | +19.2% | +6.0% |
| 2013 | +17.4% | −9.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +10.7% | −5.8% | +16.0% | +18.1% | +3.8% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
ACWV largest drawdowns
Now 0.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −28.8% | Mar 23, 2020 | Jan 8, 2021 | 38 days | 11 months |
| Dec 31, 2021 | −18.1% | Oct 14, 2022 | Feb 22, 2024 | 9 months | 2.1 years |
| Apr 28, 2015 | −11.2% | Aug 25, 2015 | Mar 17, 2016 | 4 months | 11 months |
| Sep 21, 2018 | −10.1% | Dec 24, 2018 | Feb 19, 2019 | 3 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
ACWV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +11.3% | +5.9% | +7.2% | +8.4% |
| Volatility (annualized) | 8.4% | 10.5% | 10.6% | 10.0% |
| Sharpe ratio | 0.80 | 0.26 | 0.50 | 0.71 |
| Sortino ratio | 1.22 | 0.37 | 0.71 | 1.06 |
| Best month | +5.1% | +6.5% | +7.4% | +7.4% |
| Worst month | −4.5% | −6.6% | −10.9% | −10.9% |
| Best 12 months | +23.0% | +23.0% | +25.1% | +25.1% |
| Worst 12 months | +3.4% | −12.1% | −12.1% | −12.1% |
| Positive months | 72% | 62% | 66% | 66% |
| Beta vs S&P 500 | 0.34 | 0.51 | 0.56 | — |
| Correlation with S&P 500 | 0.50 | 0.75 | 0.82 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
ACWV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 169 | −12.1% | +9.7% | +25.1% | 89% |
| 3-year (a year) | 145 | −0.2% | +8.5% | +14.8% | 99% |
| 5-year (a year) | 121 | +3.9% | +8.1% | +11.3% | 100% |
| 10-year (a year) | 61 | +6.2% | +7.5% | +10.2% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
ACWV performance overview
iShares MSCI Global Min Vol Factor ETF (ACWV) returned +9.4% over the past year and +8.1% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +8.6% a year, turning $10,000 into about $34,427. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −28.8%, from Feb 14, 2020 to Mar 23, 2020, and it took 10 months to get back to the old high. ACWV finished 12 of its 14 full calendar years with a gain; the best year was 2019 (+21.0%) and the worst 2022 (−10.4%). Volatility has been 10.0% a year.
Related: ACWV chart, ACWV holdings, ACWV dividends, ACWV valuation. See the ACWV overview for the latest quote and fund facts.
ACWV performance FAQ
What is the ACWV return over the past year?
ACWV returned +9.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 7.2%.
What is the average annual return of ACWV?
ACWV has returned +6.3% a year over 5 years, +8.1% a year over 10 years, +8.6% a year since October 20, 2011 (total return, distributions reinvested).
How much would $10,000 invested in ACWV be worth?
$10,000 invested in ACWV at its first recorded close on October 20, 2011 would be worth about $34,427 on October 23, 2026 with distributions reinvested.
What was the worst year for ACWV?
The worst calendar year was 2022, with a total return of −10.4%. The best was 2019 at +21.0%.
What is the biggest drawdown of ACWV?
The largest peak-to-trough decline was −28.8% between February 14, 2020 and March 23, 2020. It recovered to the old high on January 8, 2021, 10 months after the bottom.
How volatile is ACWV?
Over the past 3 years ACWV had an annualized volatility of 8.4% and a Sharpe ratio of 0.80 (excess return over 1–3 month T-bills per unit of risk).