EFV
iShares MSCI EAFE Value ETF · BlackRock
Intl & Global
1Y Return
+33.7%
Expense Ratio
0.33%
AUM
$30B
Dividend Yield
4.48%
Avg Annual Growth (10Y)
+7.2%
Issuer
BlackRock / iShares

Overview

The value half of developed international markets — cheap European and Japanese banks, energy, autos and industrials, with a 4.5% yield.

Top Holdings

TickerHoldingWeight
SHELShell PLC2.4%
HSBAHSBC Holdings2.2%
NOVNNovartis AG2.0%
TTETotalEnergies1.9%
SANBanco Santander1.6%
MUFGMitsubishi UFJ1.6%
TMToyota Motor1.5%
BATSBritish American Tobacco1.4%
SIESiemens AG1.4%
ALVAllianz SE1.3%

Fund Details

Index
MSCI EAFE Value
# Holdings
~460
Inception
Aug 2005
Exchange
NYSE Arca
Structure
Open-End Fund
Distribution
Semi-Annual
Avg Annual Growth (10Y)
+7.2%
Avg Annual Yield (10Y)
3.50%

Investment Thesis

EFV is where the world's cheapest large companies live: European banks at single-digit earnings multiples, Japanese industrials below book value, energy majors yielding 5%+. For two decades that cheapness was a trap; the +32.4% year — the best of any broad style fund in the portal — is what happens when rising global rates and a broadening cycle finally reward it. The yield alone pays investors handsomely to wait.

Who It's For

Contrarian income investors and allocators rebalancing away from US mega-cap growth. The highest-yielding broad equity fund in most portfolios that hold it.

10-Year History

Annual Closing Price
YearClose% Chg
2016$39.19--
2017$47.57+21.4%
2018$40.25-15.4%
2019$46.61+15.8%
2020$45.02-3.4%
2021$49.88+10.8%
2022$46.79-6.2%
2023$54.93+17.4%
2024$58.12+5.8%
2025$68.87+18.5%
Annual Dividend Yield
YearYield
20163.40%
20173.40%
20183.20%
20193.60%
20203.30%
20212.80%
20222.60%
20233.80%
20244.40%
20254.52%
Annual AUM
YearAUM% Chg
2016$5.0B--
2017$5.9B+18.0%
2018$7.0B+18.6%
2019$8.3B+18.6%
2020$9.9B+19.3%
2021$12B+21.2%
2022$14B+16.7%
2023$16B+14.3%
2024$19B+18.8%
2025$23B+21.1%

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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