iShares MSCI EAFE Min Vol Factor ETF (EFAV) Stock Price, Quote, News & History

The fund seeks to track the investment results of the MSCI EAFE Minimum Volatility (USD) Index, which has been developed by MSCI Inc. to measure the performance of international equity securities that in the aggregate have lower volatility relative to the MSCI EAFE Index, which is a capitalization-weighted index. In constructing the Underlying Index, MSCI uses a rules-based methodology to select securities from the Parent Index and to determine their weightings. In order to determine weightings of securities within the Underlying Index, MSCI seeks to optimize the Parent Index such that the resulting portfolio exhibits the lowest absolute volatility, as measured by MSCI, while applying constraints based on turnover, minimum and maximum weightings of index constituents, sectors, and countries as well as factor constraints as measured by MSCI.