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iShares MSCI Global Multifactor ETF

ACWF
$--
Today’s Change
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Snapshot
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Inception Date
Apr 28 2015
Expense Ratio
0.20%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$244,958
AUM
$121,142,307
Associated Index
MSCI ACWI Diversified MultiFactor Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

CSCO
Cisco Systems, Inc.
2.24%
AAPL
Apple Inc
2.17%
ELV
Elevance Health Inc
1.94%
TGT
Target Corp
1.34%
MSFT
Microsoft Corporation
1.25%
INTC
Intel Corp.
1.22%
EOG
EOG Resources, Inc.
1.21%
MU
Micron Technology Inc.
1.10%
939
China Construction Bank Corp. - Ordinary Shares - Class H
1.05%
RIO
RIO TINTO PLC
1.05%
Invest with ACWF

What is ACWF?

The iShares Edge MSCI Multifactor Global ETF seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market stocks that have favorable exposure to target style factors subject to constraints. Efficient access to a portfolio of global developed and emerging market large- and mid-cap stocks based on an index that focuses on four well-known investment factors: value, quality, momentum, and low size.

ETFs related toACWF

ETFs correlated to ACWF include AVGE, VT, SPGM

ACWF
BlackRock Institutional Trust Company N.A. - iShares MSCI Global Multifactor ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
URTH
BlackRock Institutional Trust Company N.A. - iShares MSCI World ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
TOK
BlackRock Institutional Trust Company N.A. - iShares MSCI Kokusai ETF
AVUS
American Century ETF Trust - Avantis U.S. Equity ETF
DFAC
Dimensional ETF Trust - Dimensional U.S. Core Equity 2 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toACWF

#TSMO

Treasury and Stock Momentum

Category

Momentum, Be Risk Aware

Risk Rating

Aggressive

#SWITCH

Asset Switching

Category

Momentum, Grow Your Portfolio

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ACWF using Composer

FAQ

ACWF is a Global Equities ETF. The iShares Edge MSCI Multifactor Global ETF seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market stocks that have favorable exposure to target style factors subject to constraints. Efficient access to a portfolio of global developed and emerging market large- and mid-cap stocks based on an index that focuses on four well-known investment factors: value, quality, momentum, and low size.

The top holdings for ACWF include Cisco Systems, Inc., Apple Inc, and Elevance Health Inc.

ACWF has 657 total holdings.

ACWF tracks the MSCI ACWI Diversified MultiFactor Index.

No, ACWF is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ACWF is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ACWF is 0.0417%. This is the percent change in the value of ACWF over the most recent 1-month period. The 3-month return on ACWF is 0.0932%. This is the percent change in the value of ACWF over the most recent 3-month period.

The standard deviation of ACWF for the past year is 0.2183%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ACWF include EEMV, TAN, and PBW.

ETFs correlated to ACWF include AVGE, VT, and SPGM.

ETFs that are inversely correlated to ACWF include SDS, SPXS, and SPXU.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.