EFAD vs. EPIN

Last updated Aug 4, 2026

EFAD (ProShares MSCI EAFE Dividend Growers ETF) and EPIN (Harbor International Equity ETF) are both Foreign Large Cap Equities funds. EFAD is passively managed, while EPIN is actively managed. Over the past year, EFAD returned 10.38% vs 38.63% for EPIN. Their 0.77 correlation means they have sometimes moved together and sometimes differently. EFAD charges 0.50%/yr vs 0.80%/yr for EPIN.

Performance

EFAD vs. EPIN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares MSCI EAFE Dividend Growers ETF (EFAD) and Harbor International Equity ETF (EPIN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFAD achieves a 6.49% return, which is significantly lower than EPIN's 23.91% return.

EFAD

• 1D: 0.48%
• 1M: 1.54%
• 6M: 4.60%
• YTD: 6.49%
• 1Y: 10.38%
• 3Y*: 8.50%
• 5Y*: 0.66%
• 10Y*: 4.39%
• ALL TIME*: 2.93%

EPIN

• 1D: 0.45%
• 1M: -0.25%
• 6M: 14.24%
• YTD: 23.91%
• 1Y: 38.63%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 35.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EFAD ProShares MSCI EAFE Dividend Growers ETF	$198.37K	$159.48K	$138.70K
EPIN Harbor International Equity ETF	$42.70K	$24.96K	$19.91K

EFAD vs. EPIN - Yearly Performance Comparison

	2026 (YTD)	2025
EFAD ProShares MSCI EAFE Dividend Growers ETF	6.49%	0.20%
EPIN Harbor International Equity ETF	23.91%	14.36%

Correlation

The correlation between EFAD and EPIN is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.77
Correlation (All Time) Calculated using the full available price history since Jun 5, 2025	0.77

The correlation between EFAD and EPIN has been stable across timeframes, ranging from 0.77 to 0.77 - a consistent structural relationship.

EFAD vs. EPIN - Sectors Allocation Comparison

Sectors	EFAD	EPIN
Healthcare	20.9%	8.2%
Industrials	14.2%	20.6%
Technology	13.9%	29.6%
Financial Services	12.5%	19.1%
Consumer Defensive	10.7%	3.6%
Basic Materials	9.9%	7.1%
Utilities	7.9%	-
Communication Services	5.9%	1.0%
Real Estate	4.1%	-
Energy	1.3%	3.8%
Consumer Cyclical	-	7.0%

Return for Risk

EFAD vs. EPIN — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EFAD

EFAD Risk / Return Rank: 31
EFAD Sharpe Ratio Rank: 31
EFAD Sortino Ratio Rank: 30
EFAD Omega Ratio Rank: 28
EFAD Calmar Ratio Rank: 30
EFAD Martin Ratio Rank: 34

EPIN

EPIN Risk / Return Rank: 81
EPIN Sharpe Ratio Rank: 81
EPIN Sortino Ratio Rank: 78
EPIN Omega Ratio Rank: 80
EPIN Calmar Ratio Rank: 83
EPIN Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EFAD vs. EPIN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares MSCI EAFE Dividend Growers ETF (EFAD) and Harbor International Equity ETF (EPIN). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	EFAD	EPIN	Difference
Sharpe ratio: Return per unit of total volatility	0.77	2.03	-1.26
Sortino ratio: Return per unit of downside risk	1.15	2.75	-1.60
Omega ratio: Gain probability vs. loss probability	1.14	1.37	-0.23
Calmar ratio: Return relative to maximum drawdown	1.02	3.34	-2.31
Martin ratio: Return relative to average drawdown	3.41	12.00	-8.59

EFAD vs. EPIN - Sharpe Ratio Comparison

The current EFAD Sharpe Ratio is 0.77, which is lower than the EPIN Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of EFAD and EPIN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EFAD vs. EPIN - Drawdown Comparison

The maximum EFAD drawdown since its inception was -35.74%, which is greater than EPIN's maximum drawdown of -11.64%. Use the drawdown chart below to compare losses from any high point for EFAD and EPIN.

Drawdown Indicators

	EFAD	EPIN	Difference
Max Drawdown Largest peak-to-trough decline	-35.74%	-11.64%	-24.10%
Max Drawdown (1Y) Largest decline over 1 year	-10.18%	-11.64%	+1.46%
Max Drawdown (3Y) Largest decline over 3 years	-13.35%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.74%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.74%	—	—
Current Drawdown Current decline from peak	-0.69%	-2.05%	+1.36%
Average Drawdown Average peak-to-trough decline	-10.29%	-1.93%	-8.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.05%	3.23%	-0.18%

Volatility

EFAD vs. EPIN - Volatility Comparison

The current volatility for ProShares MSCI EAFE Dividend Growers ETF (EFAD) is 3.63%, while Harbor International Equity ETF (EPIN) has a volatility of 5.57%. This indicates that EFAD experiences smaller price fluctuations and is considered to be less risky than EPIN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFAD	EPIN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.63%	5.57%	-1.94%
Volatility (6M) Calculated over the trailing 6-month period	11.42%	16.91%	-5.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.60%	19.13%	-5.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.51%	18.34%	-3.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.33%	18.34%	-3.01%

EFAD vs. EPIN - Expense Ratio Comparison

EFAD has a 0.50% expense ratio, which is lower than EPIN's 0.80% expense ratio.

Dividends

EFAD vs. EPIN - Dividend Comparison

EFAD's dividend yield for the trailing twelve months is around 2.57%, more than EPIN's 0.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFAD ProShares MSCI EAFE Dividend Growers ETF	2.57%	2.83%	2.64%	2.29%	1.76%	2.98%	1.49%	2.05%	2.37%	2.42%	2.88%	1.94%
EPIN Harbor International Equity ETF	0.64%	0.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EFAD and EPIN in my portfolio?

EFAD and EPIN have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EFAD or EPIN?

EPIN has higher volatility (5.57%) compared to EFAD (3.63%). In terms of maximum drawdown, EFAD dropped -35.74% vs EPIN's -11.64%.

Which ETF is better, EFAD or EPIN?

On 1-year performance, EPIN leads with 38.63% vs 10.38% for EFAD. On fees, EFAD is cheaper at 0.50% per year. On volatility, EFAD has been the lower-risk option at 3.63%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EFAD or EPIN?

Over the 1-year period, EPIN has performed better with a 38.63% return vs 10.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EFAD or EPIN?

EFAD is cheaper with a 0.50% expense ratio, compared with 0.80% for EPIN.

Which ETF pays a higher dividend yield, EFAD or EPIN?

EFAD has the higher dividend yield at 2.57%, compared with 0.64% for EPIN.

What is the main difference between EFAD and EPIN?

They also come from different issuers: ProShares and Harbor. Their fees differ too: 0.50% for EFAD and 0.80% for EPIN.

Which has better risk-adjusted returns?

EPIN currently has the higher Sharpe Ratio (2.03 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.