iShares Edge MSCI World Minimum Volatility ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global ex-Australia equity funds would cost $297 (0.59% a year), so WVOL is $156 cheaper.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 409 securities · top 10 = 10.0%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −1.1 | 2.3 | −1.7 | −1.8 | 2.6 | 3.7 | −0.2 | 0.9 | 0.1 | 2.9 | 7.8YTD | ||
| 2025 | 4.7 | 1.4 | −0.2 | −1.5 | 1.5 | −0.3 | 1.3 | 1.2 | 0.7 | 0.0 | 2.5 | −1.4 | 10.1 |
| 2024 | 5.5 | 1.2 | 2.7 | −1.5 | −1.0 | 1.4 | 6.4 | −0.5 | −0.7 | 3.8 | 2.9 | −0.8 | 20.8 |
| 2023 | −2.0 | 1.4 | 2.6 | 4.2 | −2.5 | 0.5 | 1.8 | 0.9 | −2.8 | −0.9 | 1.0 | 1.3 | 5.4 |
| 2022 | −2.6 | −3.8 | 2.6 | 0.6 | −2.4 | −2.3 | 1.1 | 0.0 | −2.1 | 6.3 | 0.6 | −1.0 | −3.2 |
| 2021 | −0.2 | −2.8 | 7.1 | 0.9 | 2.6 | 3.2 | 4.0 | 2.7 | −2.0 | −3.1 | 5.9 | 2.0 | 21.4 |
| 2020 | 5.8 | −5.5 | −6.8 | 3.5 | −0.2 | −4.3 | 0.1 | 1.2 | 0.1 | −1.0 | 3.0 | −1.9 | −6.5 |
| 2019 | 2.4 | 4.7 | 3.0 | 1.4 | 0.1 | 4.1 | 3.1 | 2.6 | 0.6 | −1.6 | 2.9 | −1.6 | 23.8 |
| 2018 | −0.1 | −0.5 | −2.1 | 4.8 | 0.2 | 2.3 | 1.9 | 3.0 | 1.2 | −2.8 | −0.9 | −1.3 | 5.6 |
| 2017 | −2.3 | 1.1 | 1.3 | 2.7 | 2.9 | −3.0 | −2.3 | 1.8 | 1.5 | 3.7 | 3.5 | −1.4 | 9.6 |
| 2016 | 1.1 | 4.2 | 5.3 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
WVOL questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is iShares Edge MSCI World Minimum Volatility ETF?
iShares Edge MSCI World Minimum Volatility ETF holds 409 securities, and its ten largest positions make up 10.0% of the fund, more spread out than the 36.4% typical of Global ex-Australia equity funds. That makes it widely diversified.
Its largest country exposure is United States at 68.3%, and its biggest sector is Information Technology at 27.1%, based on holdings as at 2 Sept 2026.
Which ETFs does WVOL double up with most?
WVOL shares the most holdings with SPDR MSCI World Quality Mix ETF (QMIX) (54% overlap), Vanguard MSCI Index International Shares ETF (VGS) (35% overlap) and Betashares WealthBuilder Global Geared Complex ETF (GGBL) (35% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 54%, owning both WVOL and QMIX would mostly double up on the same investments rather than spread your money further. Of these, QMIX has the lowest fee, at 0.18% a year against 0.25% for WVOL.
How is iShares Edge MSCI World Minimum Volatility ETF managed – active or passive?
iShares Edge MSCI World Minimum Volatility ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks. Its index uses a minimum-volatility approach, so it is sometimes called "smart beta".
Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.
What will I pay in fees for WVOL?
WVOL charges a management fee of 0.25% a year, about $25 for every $10,000 invested. That is cheaper than 75% of the 471 ASX ETFs we track, where the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.
It is the cheapest of the 2 minimum-volatility Global ex-Australia equity funds we track.
If you would rather have a manager choose the investments, active options such as Vanguard Global Minimum Volatility Active ETF (VMIN) at 0.28% cost more.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.16% for WVOL.
Does iShares Edge MSCI World Minimum Volatility ETF follow a theme?
Not a theme as such, but it follows a minimum-volatility investment style: it favours shares that have historically moved less than the market.
Other ASX funds using a minimum-volatility approach include iShares Edge MSCI Australia Minimum Volatility ETF (MVOL) and Vanguard Global Minimum Volatility Active ETF (VMIN).
What is under the hood of WVOL?
As at 2 Sept 2026, WVOL's ten largest holdings are Coca-Cola (1.3%), Exxonmobil Holdings Corp (1.3%), Johnson & Johnson (1.2%), Berkshire Hathaway Inc Class B (1.0%), Microsoft (0.9%), Welltower (0.9%), Duke Energy Corp (0.9%), Chevron (0.8%), Softbank (0.8%) and Nvidia (0.8%). Together they make up 10.0% of the fund.
Rather than simply weighting companies by market size, its index favours shares that have historically moved less than the market.
How well has iShares Edge MSCI World Minimum Volatility ETF performed?
Based on its category, iShares Edge MSCI World Minimum Volatility ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned 6.6% over 1 year (median 6.3%; ranked 58 of 121), 13.1% a year over 3 years (median 16.8% a year; ranked 61 of 82) and 9.2% a year over 5 years (median 9.4% a year; ranked 34 of 66). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2016 it has returned 9.5% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for WVOL; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.25% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.