WVOL

iShares MSCI World ex Australia Minimum Volatility ETF

About this ETF

The Fund seeks to achieve its objective by tracking the performance of the MSCI World Minimum Volatility Net TR Index (AUD).

IssueriShares

Management fee (MER)0.25% p.a.

Inception date14 Oct 2016

BenchmarkMSCI World ex Aus Min Vol (AUD) NR LCL

Scout Score

56/100

Ranked #30 of 76 in International Shares

An independent score calculated by ETF Scout across 7 real-data factors (cost, diversification, tracking, liquidity, fund strength, performance, income), ranked against other funds in the same category.

Cost83

Diversification84

Tracking33

Liquidity38

Fund Strength34

Performance32

Income37

Strengths

Well diversified — top holdings are 12.0% of the fund, less concentrated than 84% of International Shares peers.
Low fee — 0.25% p.a., cheaper than 83% of International Shares funds.

Weaknesses

Weak long-term return — +10.7% p.a. (blended), trails 68% of rated International Shares peers.
Wider index tracking — 10.58% tracking error, looser than 67% of International Shares peers.
Small fund — $62M in assets, smaller than 66% of International Shares funds, which can mean wider spreads.