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EFG vs. IDEV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EFG vs. IDEV

Last updated Jun 5, 2026

EFG (iShares MSCI EAFE Growth ETF) and IDEV (iShares Core MSCI International Developed Markets ETF) are both Foreign Large Cap Equities funds from iShares - EFG tracks the MSCI EAFE Growth Index while IDEV tracks the MSCI World ex USA Investable Market Index. Both are passively managed. Over the past 5 years, EFG returned 4.43%/yr vs 8.66%/yr for IDEV. Their correlation of 0.95 suggests significant overlap in exposure. EFG charges 0.40%/yr vs 0.05%/yr for IDEV.

Performance

EFG vs. IDEV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE Growth ETF (EFG) and iShares Core MSCI International Developed Markets ETF (IDEV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, EFG achieves a 8.93% return, which is significantly lower than IDEV's 9.80% return.

EFG

1D
0.94%
1M
3.79%
YTD
8.93%
6M
9.83%
1Y
14.70%
3Y*
11.46%
5Y*
4.43%
10Y*
8.02%

IDEV

1D
0.80%
1M
2.86%
YTD
9.80%
6M
12.08%
1Y
23.60%
3Y*
17.92%
5Y*
8.66%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

EFG vs. IDEV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EFG
iShares MSCI EAFE Growth ETF		8.93%20.70%1.53%17.55%-23.12%11.01%17.85%27.47%-12.93%18.76%
IDEV
iShares Core MSCI International Developed Markets ETF		9.80%32.56%4.54%17.36%-14.99%13.00%8.32%23.12%-14.10%17.29%

Correlation

The correlation between EFG and IDEV is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.96

Correlation (3Y)
Calculated over the trailing 3-year period

0.96

Correlation (5Y)
Calculated over the trailing 5-year period

0.96

Correlation (All Time)
Calculated using the full available price history since Mar 24, 2017

0.95

The correlation between EFG and IDEV has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

EFG vs. IDEV - Sectors Allocation Comparison

Sectors
EFG
IDEV

Industrials

29.6%
19.1%

Technology

18.1%
9.9%

Healthcare

14.2%
8.6%

Consumer Cyclical

10.7%
7.7%

Financial Services

10.6%
24.2%

Consumer Defensive

5.1%
6.0%

Communication Services

4.8%
4.0%

Basic Materials

4.6%
8.0%

Utilities

1.1%
3.7%

Real Estate

1.0%
2.9%

Energy

0.2%
5.9%

Industrials

EFG
29.6%
IDEV
19.1%

Technology

EFG
18.1%
IDEV
9.9%

Healthcare

EFG
14.2%
IDEV
8.6%

Consumer Cyclical

EFG
10.7%
IDEV
7.7%

Financial Services

EFG
10.6%
IDEV
24.2%

Consumer Defensive

EFG
5.1%
IDEV
6.0%

Communication Services

EFG
4.8%
IDEV
4.0%

Basic Materials

EFG
4.6%
IDEV
8.0%

Utilities

EFG
1.1%
IDEV
3.7%

Real Estate

EFG
1.0%
IDEV
2.9%

Energy

EFG
0.2%
IDEV
5.9%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI EAFE Growth ETF

iShares Core MSCI International Developed Markets ETF

Often compared with EFG:
EFG vs. EFAEFG vs. SPYEFG vs. VIGIEFG vs. IDMOEFG vs. JIGEFG vs. IXUSEFG vs. VUG
Often compared with IDEV:
IDEV vs. VYMIIDEV vs. VEAIDEV vs. IEFAIDEV vs. IXUSIDEV vs. SCHFIDEV vs. FDEVIDEV vs. VEU

Return for Risk

EFG vs. IDEV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EFG
EFG Risk / Return Rank: 2626
Overall Rank
EFG Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
EFG Sortino Ratio Rank: 2525
Sortino Ratio Rank
EFG Omega Ratio Rank: 2424
Omega Ratio Rank
EFG Calmar Ratio Rank: 2525
Calmar Ratio Rank
EFG Martin Ratio Rank: 3030
Martin Ratio Rank
IDEV
IDEV Risk / Return Rank: 4747
Overall Rank
IDEV Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
IDEV Sortino Ratio Rank: 4848
Sortino Ratio Rank
IDEV Omega Ratio Rank: 4848
Omega Ratio Rank
IDEV Calmar Ratio Rank: 4343
Calmar Ratio Rank
IDEV Martin Ratio Rank: 5050
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EFG vs. IDEV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Growth ETF (EFG) and iShares Core MSCI International Developed Markets ETF (IDEV). 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.

EFGIDEVDifference
Sharpe ratioReturn per unit of total volatility
0.86
1.63

-0.77

Sortino ratioReturn per unit of downside risk
1.34
2.32

-0.98

Omega ratioGain probability vs. loss probability

1.16

1.29

-0.14

Calmar ratioReturn relative to maximum drawdown

1.15

2.12

-0.96

Martin ratioReturn relative to average drawdown

4.26

8.30

-4.04

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EFG vs. IDEV - Sharpe Ratio Comparison

The current EFG Sharpe Ratio is 0.86, which is lower than the IDEV Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of EFG and IDEV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

EFGIDEVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.86

1.63

-0.77

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

0.54

-0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.29

0.55

-0.26

Drawdowns

EFG vs. IDEV - Drawdown Comparison

The maximum EFG drawdown since its inception was -58.40%, which is greater than IDEV's maximum drawdown of -34.77%. Use the drawdown chart below to compare losses from any high point for EFG and IDEV.

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Drawdown Indicators

EFGIDEVDifference

Max Drawdown

Largest peak-to-trough decline

-58.40%

-34.77%

-23.63%

Max Drawdown (1Y)

Largest decline over 1 year

-12.78%

-11.20%

-1.58%

Max Drawdown (3Y)

Largest decline over 3 years

-16.87%

-13.41%

-3.46%

Max Drawdown (5Y)

Largest decline over 5 years

-35.78%

-29.15%

-6.63%

Max Drawdown (10Y)

Largest decline over 10 years

-35.78%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.19%

+0.19%

Average Drawdown

Average peak-to-trough decline

-12.15%

-6.56%

-5.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.46%

2.85%

+0.61%

Volatility

EFG vs. IDEV - Volatility Comparison

iShares MSCI EAFE Growth ETF (EFG) has a higher volatility of 5.72% compared to iShares Core MSCI International Developed Markets ETF (IDEV) at 4.53%. This indicates that EFG's price experiences larger fluctuations and is considered to be riskier than IDEV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EFGIDEVDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.72%

4.53%

+1.19%

Volatility (6M)

Calculated over the trailing 6-month period

14.38%

12.12%

+2.26%

Volatility (1Y)

Calculated over the trailing 1-year period

17.08%

14.50%

+2.58%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.11%

16.26%

+1.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.69%

17.27%

+0.42%

EFG vs. IDEV - Expense Ratio Comparison

EFG has a 0.40% expense ratio, which is higher than IDEV's 0.05% expense ratio.

Dividends

EFG vs. IDEV - Dividend Comparison

EFG's dividend yield for the trailing twelve months is around 2.32%, less than IDEV's 3.10% yield.

PositionTTM20252024202320222021202020192018201720162015
EFG
iShares MSCI EAFE Growth ETF		2.32%2.53%1.64%1.63%1.27%1.54%0.85%1.69%1.98%1.56%2.20%1.75%
IDEV
iShares Core MSCI International Developed Markets ETF		3.10%3.40%3.30%3.07%2.69%3.05%2.00%3.18%3.16%1.54%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.96, EFG and IDEV move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

EFG has higher volatility (5.72%) compared to IDEV (4.53%). In terms of maximum drawdown, EFG dropped -58.40% vs IDEV's -34.77%.

On 5-year performance, IDEV leads with 8.66% vs 4.43% for EFG. On fees, IDEV is cheaper at 0.05% per year. On volatility, IDEV has been the lower-risk option at 4.53%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, IDEV has performed better with a 8.66% return vs 4.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IDEV is cheaper with a 0.05% expense ratio, compared with 0.40% for EFG.

IDEV has the higher dividend yield at 3.10%, compared with 2.32% for EFG.

EFG tracks MSCI EAFE Growth Index, while IDEV tracks MSCI World ex USA Investable Market Index. Their fees differ too: 0.40% for EFG and 0.05% for IDEV.

IDEV currently has the higher Sharpe Ratio (1.63 vs 0.86), 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.

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