EFG vs. OIGAX

Last updated Apr 1, 2026

Compare and contrast key facts about iShares MSCI EAFE Growth ETF (EFG) and Invesco Oppenheimer International Growth Fund Class A (OIGAX).

EFG is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Growth Index. It was launched on Aug 1, 2005. OIGAX is managed by Invesco. It was launched on Mar 25, 1996.

Performance

EFG vs. OIGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE Growth ETF (EFG) and Invesco Oppenheimer International Growth Fund Class A (OIGAX). The values are adjusted to include any dividend payments, if applicable.

EFG vs. OIGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EFG iShares MSCI EAFE Growth ETF	-2.24%	20.70%	1.53%	17.55%	-23.12%	11.01%	17.85%	27.47%	-12.93%	28.86%
OIGAX Invesco Oppenheimer International Growth Fund Class A	-10.39%	15.86%	-1.85%	20.93%	-27.31%	10.38%	22.11%	28.62%	-19.53%	26.61%

Returns By Period

In the year-to-date period, EFG achieves a -2.24% return, which is significantly higher than OIGAX's -10.39% return. Over the past 10 years, EFG has outperformed OIGAX with an annualized return of 7.30%, while OIGAX has yielded a comparatively lower 4.43% annualized return.

EFG

• 1D: 3.45%
• 1M: -9.46%
• YTD: -2.24%
• 6M: -0.65%
• 1Y: 14.25%
• 3Y*: 7.98%
• 5Y*: 3.48%
• 10Y*: 7.30%

OIGAX

• 1D: 0.13%
• 1M: -11.46%
• YTD: -10.39%
• 6M: -8.99%
• 1Y: 3.18%
• 3Y*: 3.64%
• 5Y*: -0.22%
• 10Y*: 4.43%

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

EFG vs. OIGAX - Expense Ratio Comparison

EFG has a 0.40% expense ratio, which is lower than OIGAX's 1.10% expense ratio.

OIGAX

Invesco Oppenheimer International Growth Fund Class A

EFG

iShares MSCI EAFE Growth ETF

Return for Risk

EFG vs. OIGAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EFG

EFG Risk / Return Rank: 44
EFG Sharpe Ratio Rank: 44
EFG Sortino Ratio Rank: 45
EFG Omega Ratio Rank: 42
EFG Calmar Ratio Rank: 44
EFG Martin Ratio Rank: 44

OIGAX

OIGAX Risk / Return Rank: 8
OIGAX Sharpe Ratio Rank: 8
OIGAX Sortino Ratio Rank: 8
OIGAX Omega Ratio Rank: 8
OIGAX Calmar Ratio Rank: 8
OIGAX Martin Ratio Rank: 9

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. OIGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Growth ETF (EFG) and Invesco Oppenheimer International Growth Fund Class A (OIGAX). 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.

	EFG	OIGAX	Difference
Sharpe ratio Return per unit of total volatility	0.75	0.13	+0.62
Sortino ratio Return per unit of downside risk	1.18	0.31	+0.87
Omega ratio Gain probability vs. loss probability	1.16	1.04	+0.12
Calmar ratio Return relative to maximum drawdown	1.04	0.11	+0.93
Martin ratio Return relative to average drawdown	4.00	0.44	+3.56
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. OIGAX - Sharpe Ratio Comparison

The current EFG Sharpe Ratio is 0.75, which is higher than the OIGAX Sharpe Ratio of 0.13. The chart below compares the historical Sharpe Ratios of EFG and OIGAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EFG	OIGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	0.13	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.20	-0.01	+0.21
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.24	+0.18
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.37	-0.10

Correlation

The correlation between EFG and OIGAX is 0.94, 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.

Dividends

EFG vs. OIGAX - Dividend Comparison

EFG's dividend yield for the trailing twelve months is around 2.59%, less than OIGAX's 49.15% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFG iShares MSCI EAFE Growth ETF	2.59%	2.53%	1.64%	1.63%	1.27%	1.54%	0.85%	1.69%	1.98%	1.56%	2.20%	1.75%
OIGAX Invesco Oppenheimer International Growth Fund Class A	49.15%	44.04%	11.27%	11.59%	0.00%	13.52%	14.72%	0.84%	1.08%	0.59%	1.02%	0.87%

Drawdowns

EFG vs. OIGAX - Drawdown Comparison

The maximum EFG drawdown since its inception was -58.40%, smaller than the maximum OIGAX drawdown of -67.43%. Use the drawdown chart below to compare losses from any high point for EFG and OIGAX.

Drawdown Indicators

	EFG	OIGAX	Difference
Max Drawdown Largest peak-to-trough decline	-58.40%	-67.43%	+9.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.78%	-14.61%	+1.83%
Max Drawdown (5Y) Largest decline over 5 years	-35.78%	-40.41%	+4.63%
Max Drawdown (10Y) Largest decline over 10 years	-35.78%	-40.41%	+4.63%
Current Drawdown Current decline from peak	-9.73%	-15.14%	+5.41%
Average Drawdown Average peak-to-trough decline	-12.23%	-17.37%	+5.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	3.79%	-0.46%

Volatility

EFG vs. OIGAX - Volatility Comparison

iShares MSCI EAFE Growth ETF (EFG) has a higher volatility of 8.47% compared to Invesco Oppenheimer International Growth Fund Class A (OIGAX) at 7.01%. This indicates that EFG's price experiences larger fluctuations and is considered to be riskier than OIGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFG	OIGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.47%	7.01%	+1.46%
Volatility (6M) Calculated over the trailing 6-month period	12.45%	11.67%	+0.78%
Volatility (1Y) Calculated over the trailing 1-year period	19.05%	17.79%	+1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.87%	18.65%	-0.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.54%	18.37%	-0.83%