INAA.L vs. EFA
Compare and contrast key facts about iShares MSCI North America UCITS (INAA.L) and iShares MSCI EAFE ETF (EFA).
INAA.L and EFA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. INAA.L is a passively managed fund by iShares that tracks the performance of the Russell 1000 TR USD. It was launched on Jun 2, 2006. EFA is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Index. It was launched on Aug 14, 2001. Both INAA.L and EFA 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: INAA.L or EFA.
Key characteristics
| INAA.L | EFA | |
|---|---|---|
| YTD Return | 13.30% | 10.98% |
| 1Y Return | 18.77% | 18.62% |
| 3Y Return (Ann) | 9.82% | 3.89% |
| 5Y Return (Ann) | 13.11% | 7.68% |
| 10Y Return (Ann) | 14.18% | 5.20% |
| Sharpe Ratio | 1.67 | 1.42 |
| Daily Std Dev | 11.27% | 12.91% |
| Max Drawdown | -35.34% | -61.04% |
| Current Drawdown | -2.23% | -0.95% |
Correlation
The correlation between INAA.L and EFA is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
INAA.L vs. EFA - Performance Comparison
In the year-to-date period, INAA.L achieves a 13.30% return, which is significantly higher than EFA's 10.98% return. Over the past 10 years, INAA.L has outperformed EFA with an annualized return of 14.18%, while EFA has yielded a comparatively lower 5.20% annualized return. 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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INAA.L vs. EFA - Expense Ratio Comparison
INAA.L has a 0.40% expense ratio, which is higher than EFA's 0.32% expense ratio.
Risk-Adjusted Performance
INAA.L vs. EFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI North America UCITS (INAA.L) and iShares MSCI EAFE ETF (EFA). 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
INAA.L vs. EFA - Dividend Comparison
INAA.L's dividend yield for the trailing twelve months is around 0.85%, less than EFA's 2.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
INAA.L iShares MSCI North America UCITS | 0.85% | 0.98% | 1.11% | 0.74% | 1.09% | 1.26% | 1.40% | 1.32% | 1.30% | 1.51% | 1.21% | 1.49% |
EFA iShares MSCI EAFE ETF | 2.83% | 2.98% | 2.69% | 3.33% | 2.13% | 3.10% | 3.39% | 2.57% | 3.07% | 2.76% | 3.72% | 2.54% |
Drawdowns
INAA.L vs. EFA - Drawdown Comparison
The maximum INAA.L drawdown since its inception was -35.34%, smaller than the maximum EFA drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for INAA.L and EFA. For additional features, visit the drawdowns tool.
Volatility
INAA.L vs. EFA - Volatility Comparison
iShares MSCI North America UCITS (INAA.L) and iShares MSCI EAFE ETF (EFA) have volatilities of 3.90% and 4.07%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.