09/12/2011 08:18 am ET Updated Dec 06, 2017

Elizabeth Olsen Shows Off Her Red Carpet Style (PHOTOS)

To say Elizabeth Olsen has a hard act to follow is an understatement.

As the little sister of twin megastars Ashley and Mary-Kate, Olsen has spent years as a secret sibling, only recently known as the inspiration for her sisters' Elizabeth & James clothing line.

But the 22-year-old actress is stepping into her own, with a new film under her belt and plenty of gorgeous red carpet appearances to boot. Her starring part in "Martha Marcy May Marlene" has sent her to festivals in both Cannes and Toronto, where she recently arrived at the premiere in a stunning watercolor gown by Erdem.

Her previous red carpet turns have been equally colorful, as the Olsen showcases the signature family style with quirky jewelry, chicly shapeless dresses and the occasional menswear inspiration. Elizabeth even posed for V, donning a glamorously large hat for the shoot.

But don't expect her to see her toting around a $39,000 backpack with giant sunglasses and a Starbucks cup anytime soon. This Olsen has a style all her own.

Check out Elizabeth Olsen's best ensembles from the past year.

Elizabeth Olsen

Watch an interview with Olsen at Sundance