The EAFE Min Vol Ishares Edge MSCI ETF is an exchange-traded fund that invests in international stocks. The fund seeks to track the performance of the MSCI EAFE Minimum Volatility (USD) Index, which is composed of equity securities from developed markets in Europe, Australasia, and the Far East (EAFE).
The objective of the fund is to provide exposure to international equities while attempting to minimize volatility. The fund employs a smart beta strategy, which uses factors such as volatility and momentum to identify stocks that have the potential to outperform the broader market. The fund may also use derivatives to help manage risk and optimize returns.
As of February 18, 2023, the top holdings of EAFE Min Vol Ishares Edge MSCI ETF include Nestle SA, Novartis AG, Roche Holding AG, Toyota Motor Corp, and Unilever NV. The fund has an expense ratio of 0.20% and has returned 9.75% annually over the past three years. Investors should note that past performance does not guarantee future results, and the value of the fund may fluctuate over time.
|
