ACWV
iShares MSCI Global Min Vol Factor ETF · iShares
Intl & Global
1Y Return
+6.3%
Expense Ratio
0.20%
AUM
$3.3B
Dividend Yield
1.89%
Avg Annual Growth (10Y)
+7.8%
Issuer
BlackRock iShares

Overview

The world's calmest equity portfolio — global stocks optimised for minimum volatility across the US, developed and emerging markets together.

Top Holdings

TickerHoldingWeight
IBMIBM Corp.1.6%
TMUST-Mobile US1.5%
CSCOCisco Systems1.4%
NESNNestlé SA1.2%
JNJJohnson & Johnson1.2%
WMWaste Management1.1%
ROGRoche Holding1.0%
9432NTT Corp.1.0%
DTEDeutsche Telekom0.9%
MCDMcDonald's Corp.0.9%

Fund Details

Index
MSCI ACWI Minimum Volatility
# Holdings
~413
Inception
Oct 2011
Exchange
Cboe BZX
Structure
Open-End Fund
Distribution
Semi-Annual
Avg Annual Growth (10Y)
+7.8%
Avg Annual Yield (10Y)
2.04%

Investment Thesis

ACWV answers one question: what if you owned the whole world but engineered out as much turbulence as an equity fund can? The optimiser blends low-vol stocks AND low correlations across every market, historically capturing most of global equity's return with two-thirds of its drawdowns. The modest +6% year is the strategy being itself in a momentum market — the payoff arrives in the storms.

Who It's For

One-fund defensive investors and retirees who want global equities they won't sell in a panic. The whole-world version of USMV already in the portal.

10-Year History

Annual Closing Price
YearClose% Chg
2016$67.98--
2017$80.21+18.0%
2018$78.61-2.0%
2019$95.12+21.0%
2020$97.97+3.0%
2021$110.71+13.0%
2022$99.64-10.0%
2023$106.61+7.0%
2024$117.27+10.0%
2025$129.00+10.0%
Annual Dividend Yield
YearYield
20162.10%
20172.00%
20182.30%
20192.10%
20201.80%
20211.80%
20222.20%
20232.20%
20242.00%
20251.90%
Annual AUM
YearAUM% Chg
2016$3B--
2017$3.5B+16.7%
2018$4B+14.3%
2019$5.5B+37.5%
2020$5B-9.1%
2021$5.5B+10.0%
2022$4B-27.3%
2023$3.5B-12.5%
2024$3.2B-8.6%
2025$3.2B+0.0%

Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.

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