XEF.TO vs. EFA
Compare and contrast key facts about iShares Core MSCI EAFE IMI Index ETF (XEF.TO) and iShares MSCI EAFE ETF (EFA).
XEF.TO and EFA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XEF.TO is a passively managed fund by iShares that tracks the performance of the Morningstar DM xNA GR CAD. It was launched on Apr 10, 2013. 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 XEF.TO 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: XEF.TO or EFA.
Key characteristics
XEF.TO | EFA | |
---|---|---|
YTD Return | 13.57% | 10.98% |
1Y Return | 19.23% | 18.62% |
3Y Return (Ann) | 5.23% | 3.89% |
5Y Return (Ann) | 7.94% | 7.68% |
10Y Return (Ann) | 7.96% | 5.20% |
Sharpe Ratio | 1.81 | 1.42 |
Daily Std Dev | 10.41% | 12.91% |
Max Drawdown | -28.50% | -61.04% |
Current Drawdown | 0.00% | -0.95% |
Correlation
The correlation between XEF.TO and EFA is 0.89, 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
XEF.TO vs. EFA - Performance Comparison
In the year-to-date period, XEF.TO achieves a 13.57% return, which is significantly higher than EFA's 10.98% return. Over the past 10 years, XEF.TO has outperformed EFA with an annualized return of 7.96%, 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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XEF.TO vs. EFA - Expense Ratio Comparison
XEF.TO has a 0.22% expense ratio, which is lower than EFA's 0.32% expense ratio.
Risk-Adjusted Performance
XEF.TO vs. EFA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core MSCI EAFE IMI Index ETF (XEF.TO) 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
XEF.TO vs. EFA - Dividend Comparison
XEF.TO's dividend yield for the trailing twelve months is around 2.53%, less than EFA's 2.83% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares Core MSCI EAFE IMI Index ETF | 2.53% | 2.75% | 2.93% | 2.42% | 1.93% | 2.72% | 2.76% | 2.10% | 2.42% | 2.42% | 5.21% | 1.72% |
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
XEF.TO vs. EFA - Drawdown Comparison
The maximum XEF.TO drawdown since its inception was -28.50%, smaller than the maximum EFA drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for XEF.TO and EFA. For additional features, visit the drawdowns tool.
Volatility
XEF.TO vs. EFA - Volatility Comparison
iShares Core MSCI EAFE IMI Index ETF (XEF.TO) and iShares MSCI EAFE ETF (EFA) have volatilities of 4.11% and 4.10%, 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.