iShares MSCI EAFE Min Vol Factor ETF (EFAV) Performance
EFAV total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.4% since Dec 31, 2025
- 1 year
- +15.8% total return
- 5 years
- +7.7% a year
- 10 years
- +7.2% a year
- Since first price
- +7.3% a year since 2011
EFAV trailing returns vs SPY, QQQ, AGG
| Period | EFAV total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +3.9% | +3.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +6.7% | +6.7% | +3.2% | +1.9% | −0.4% |
| 6 months | +7.0% | +5.0% | +7.8% | +8.4% | −1.5% |
| YTD | +13.4% | +11.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.8% | +12.1% | +14.4% | +15.9% | −1.1% |
| 3 years | +65.8%+18.4%/yr | +50.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +44.9%+7.7%/yr | +25.0% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +99.7%+7.2%/yr | +47.9% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +187.3%+7.3%/yr | +87.5% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionOct 20, 2011 | +189.2%+7.3%/yr | +88.7% | — | — | — |
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: EFAV vs SPY
From Oct 20, 2011: EFAV grew to $28,917, SPY to $81,114.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
EFAV returns by calendar year
10 of 14 full years positive. Best 2025 (+26.0%), worst 2022 (−15.1%). 2026 is year to date.
EFAV annual returns table
| Year | EFAV | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.4% | −6.7% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.0% | −7.5% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.3% | −8.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +12.5% | −9.2% | +26.2% | +54.9% | +5.7% |
| 2022 | −15.1% | −25.4% | −18.2% | −32.6% | −13.0% |
| 2021 | +7.2% | −6.5% | +28.7% | +27.4% | −1.8% |
| 2020 | −0.1% | −27.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +16.7% | −4.7% | +31.2% | +39.0% | +8.5% |
| 2018 | −5.7% | −12.3% | −4.6% | −0.1% | +0.1% |
| 2017 | +22.2% | −3.0% | +21.7% | +32.7% | +3.6% |
| 2016 | −2.0% | −10.2% | +12.0% | +7.1% | +2.4% |
| 2015 | +7.7% | −10.4% | +1.2% | +9.4% | +0.5% |
| 2014 | +3.7% | −8.5% | +13.5% | +19.2% | +6.0% |
| 2013 | +15.7% | −10.2% | +32.3% | +36.6% | −2.0% |
| 2012 | +11.1% | −9.9% | +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.
EFAV largest drawdowns
Now 0.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jan 17, 2020 | −27.6% | Mar 23, 2020 | Jan 8, 2021 | 2 months | 12 months |
| Sep 3, 2021 | −27.5% | Oct 12, 2022 | Jul 31, 2024 | 1.1 years | 2.9 years |
| Jan 26, 2018 | −12.3% | Dec 24, 2018 | Jun 20, 2019 | 11 months | 1.4 years |
| May 15, 2015 | −11.3% | Jan 20, 2016 | Apr 18, 2016 | 8 months | 11 months |
| Sep 6, 2016 | −10.2% | Dec 1, 2016 | Apr 24, 2017 | 3 months | 8 months |
| May 8, 2013 | −10.2% | Jun 24, 2013 | Oct 17, 2013 | 47 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
EFAV risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2011 |
|---|---|---|---|---|
| Annualized return | +15.4% | +7.0% | +6.2% | +7.0% |
| Volatility (annualized) | 10.4% | 12.6% | 11.6% | 11.1% |
| Sharpe ratio | 1.02 | 0.32 | 0.38 | 0.53 |
| Sortino ratio | 1.94 | 0.48 | 0.55 | 0.79 |
| Best month | +6.4% | +10.0% | +10.0% | +10.0% |
| Worst month | −3.7% | −8.1% | −9.8% | −9.8% |
| Best 12 months | +29.7% | +29.7% | +29.7% | +29.7% |
| Worst 12 months | +5.3% | −22.4% | −22.4% | −22.4% |
| Positive months | 61% | 55% | 61% | 61% |
| Beta vs S&P 500 | 0.17 | 0.48 | 0.52 | — |
| Correlation with S&P 500 | 0.21 | 0.59 | 0.68 | — |
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.
EFAV rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 169 | −22.4% | +7.8% | +29.7% | 82% |
| 3-year (a year) | 145 | −5.6% | +5.7% | +18.1% | 94% |
| 5-year (a year) | 121 | −1.7% | +5.7% | +11.0% | 98% |
| 10-year (a year) | 61 | +3.3% | +4.7% | +7.3% | 100% |
Every holding period starting at a month-end since 2011. Returns for 3 years and longer are annualized.
EFAV performance overview
iShares MSCI EAFE Min Vol Factor ETF (EFAV) returned +15.8% over the past year and +7.2% a year over ten years, with distributions reinvested. Since its first recorded price in 2011 it has returned +7.3% a year, turning $10,000 into about $28,917. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −27.6%, from Jan 17, 2020 to Mar 23, 2020, and it took 10 months to get back to the old high. EFAV finished 10 of its 14 full calendar years with a gain; the best year was 2025 (+26.0%) and the worst 2022 (−15.1%). Volatility has been 11.1% a year.
Related: EFAV chart, EFAV holdings, EFAV dividends. See the EFAV overview for the latest quote and fund facts.
EFAV performance FAQ
What is the EFAV return over the past year?
EFAV returned +15.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 12.1%.
What is the average annual return of EFAV?
EFAV has returned +7.7% a year over 5 years, +7.2% a year over 10 years, +7.3% a year since October 20, 2011 (total return, distributions reinvested).
How much would $10,000 invested in EFAV be worth?
$10,000 invested in EFAV at its first recorded close on October 20, 2011 would be worth about $28,917 on October 23, 2026 with distributions reinvested.
What was the worst year for EFAV?
The worst calendar year was 2022, with a total return of −15.1%. The best was 2025 at +26.0%.
What is the biggest drawdown of EFAV?
The largest peak-to-trough decline was −27.6% between January 17, 2020 and March 23, 2020. It recovered to the old high on January 8, 2021, 10 months after the bottom.
How volatile is EFAV?
Over the past 3 years EFAV had an annualized volatility of 10.4% and a Sharpe ratio of 1.02 (excess return over 1–3 month T-bills per unit of risk).