EFA vs. IEUR
Compare and contrast key facts about iShares MSCI EAFE ETF (EFA) and iShares Core MSCI Europe ETF (IEUR).
EFA and IEUR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Index. It was launched on Aug 14, 2001. IEUR is a passively managed fund by iShares that tracks the performance of the MSCI Europe Investable Market Index. It was launched on Jun 10, 2014. Both EFA and IEUR are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EFA or IEUR.
Key characteristics
| EFA | IEUR | |
|---|---|---|
| YTD Return | 4.53% | 2.76% |
| 1Y Return | 12.42% | 10.84% |
| 3Y Return (Ann) | 1.51% | 0.90% |
| 5Y Return (Ann) | 5.49% | 5.88% |
| 10Y Return (Ann) | 5.03% | 5.21% |
| Sharpe Ratio | 0.96 | 0.82 |
| Sortino Ratio | 1.39 | 1.20 |
| Omega Ratio | 1.17 | 1.14 |
| Calmar Ratio | 1.44 | 1.07 |
| Martin Ratio | 4.70 | 3.90 |
| Ulcer Index | 2.60% | 2.79% |
| Daily Std Dev | 12.76% | 13.18% |
| Max Drawdown | -61.04% | -36.96% |
| Current Drawdown | -8.31% | -9.92% |
Correlation
The correlation between EFA and IEUR is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EFA vs. IEUR - Performance Comparison
In the year-to-date period, EFA achieves a 4.53% return, which is significantly higher than IEUR's 2.76% return. Both investments have delivered pretty close results over the past 10 years, with EFA having a 5.03% annualized return and IEUR not far ahead at 5.21%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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EFA vs. IEUR - Expense Ratio Comparison
EFA has a 0.32% expense ratio, which is higher than IEUR's 0.09% expense ratio.
Risk-Adjusted Performance
EFA vs. IEUR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE ETF (EFA) and iShares Core MSCI Europe ETF (IEUR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EFA vs. IEUR - Dividend Comparison
EFA's dividend yield for the trailing twelve months is around 3.00%, less than IEUR's 3.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFA iShares MSCI EAFE ETF | 3.00% | 2.98% | 2.69% | 3.33% | 2.13% | 3.10% | 3.39% | 2.57% | 3.07% | 2.76% | 3.72% | 2.54% |
IEUR iShares Core MSCI Europe ETF | 3.18% | 3.17% | 3.05% | 2.87% | 2.13% | 3.26% | 3.76% | 2.64% | 3.19% | 2.79% | 0.64% | 0.00% |
Drawdowns
EFA vs. IEUR - Drawdown Comparison
The maximum EFA drawdown since its inception was -61.04%, which is greater than IEUR's maximum drawdown of -36.96%. Use the drawdown chart below to compare losses from any high point for EFA and IEUR. For additional features, visit the drawdowns tool.
Volatility
EFA vs. IEUR - Volatility Comparison
The current volatility for iShares MSCI EAFE ETF (EFA) is 4.01%, while iShares Core MSCI Europe ETF (IEUR) has a volatility of 4.47%. This indicates that EFA experiences smaller price fluctuations and is considered to be less risky than IEUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.