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IEFA

GradeAChicago Board Options Exchange

iShares Core MSCI EAFE ETF

Major Indexes · IShares · Inception 2012-10-17 · SEC filings

$97.92−1.54 (−1.55%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 59 prints from 99.47 to 97.92. Range 97.56 to 98.50. Use the arrow keys to read each point.$97.60$98.4010 AM12 PM2 PM4 PM
Expense ratio
0.07%
Fund size
$194.1B
1Y return
+18.2%
Yield · Last 12 months
3.31%
Holdings
2628
Volume · 30D
8.8M sh
NAV per share
$98.99
52W range
low $85.03high $101.44

The ETF.net IEFA Grade

A

75/ 100

Rank 5 of 22 in Developed International Core⁠

Confidence High

Six-pillar profile for IEFA. Scores out of 100: Cost 69, Risk 47, Mission 100, Tradability 67, Holdings 88, Durability 86. Strongest: Mission (100). Weakest: Risk (47). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 75 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 69
    Category rank8/22 · top 36%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank9/19 · top 47%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 47
    Category rank14/22 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 67
    Category rank6/22 · top 27%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 88
    Category rank2/21 · top 10%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 86
    Category rank2/22 · top 9%

Graded as of Sep 22, 2026

Our read on IEFA

ETF.net Research

ADeveloped markets outside the US and Canada, right down to the small caps: roughly 2,600 stocks for 0.07% a year. The category's workhorse, and one of the biggest, most heavily traded funds on the shelf.

Stated mandate

The fund seeks to track an index of large-, mid- and small-capitalization developed-market equities outside the United States and Canada.

Why people hold it

  1. 01Charges 0.07% a year, against a 0.18% median for its developed-markets index peers.
  2. 02The index reaches past large and mid caps into small caps, so you hold roughly 2,600 names across Europe, Japan and Australasia, not just the blue-chip layer.ishares.com
  3. 03Trading since 2012 and now one of the largest and most actively traded funds in its group, which usually means a deep pool of buyers and sellers.
  4. 04Sticks tightly to its stated mandate: a plain index wrapper on MSCI EAFE IMI, no active tilts hiding under the hood. Among the stronger builds in its peer group.

Worth knowing

  1. 01Not the cheapest option: VEA, SPDW and SCHF each run 0.03%. The few extra basis points buy the EAFE index and its small-cap reach.
  2. 02EAFE stops at developed markets and leaves out Canada, so a full international sleeve needs emerging markets (and Canada) from somewhere else.
  3. 03Distributions arrive once or twice a year rather than monthly or quarterly.

IEFA Holdings

As of Sep 22, 2026, 3:30 AM
Asset class
Stocks
Holdings
2,628
Top-10 weight
12%
Largest holding
ASML.AS2.5%

Sectors

  • Financials24.2%
  • Industrials19.4%
  • Technology11.1%
  • Health Care9.6%
  • Consumer Discr.8.2%
  • Materials6.7%
  • Cons. Staples6.3%
  • Communication4.7%
  • Energy3.7%
  • Utilities3.4%
  • Real Estate2.7%

Geography

  • Japan26.32%
  • United Kingdom13.47%
  • Switzerland8.89%
  • Germany8.06%
  • France7.92%
  • Australia6.99%
  • Netherlands5.75%
  • Sweden3.59%
  • Other countries (27)19.02%

Developed 98% · Emerging 2% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 177.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ASML.ASASML HOLDING2.53%2,931,914$4.9B194
002HSBA.LHSBC HOLDINGS PLC1.37%129,778,074$2.6B145
003ROP.SWROCHE PS PAR AG1.20%5,293,268$2.3B196
004SHEL.LSHELL PLC1.08%43,721,030$2.1B159
005NOVN.SWNOVARTIS AG1.01%13,794,921$1.9B183
006AZN.LASTRAZENECA PLC0.99%11,395,330$1.9B164
0078306.TMITSUBISHI UFJ FINANCIAL GROUP0.97%80,546,800$1.9B155
008NESN.SWNESTLE SA0.94%19,425,485$1.8B162
009BHP.AXBHP GROUP LTD0.87%38,406,588$1.7B151
010SIE.DESIEMENS N AG0.87%5,487,792$1.7B152
011SAP.DESAP0.84%7,663,709$1.6B163
012SAN.MCBANCO SANTANDER0.80%107,216,591$1.5B134
013ALV.DEALLIANZ0.76%2,855,701$1.5B158
0147203.TTOYOTA MOTOR0.72%71,510,425$1.4B136
015CBA.AXCOMMONWEALTH BANK OF AUSTRALIA0.71%12,626,683$1.4B118

Showing 1–15 of 2642 holdings

IEFA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

IEFA$11,817
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. IEFA $11,817. SPY $11,723. Use the arrow keys to read each point.$9,330$10,789$12,249Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for IEFA. Periods over one year show the average yearly return.
PeriodIEFA
Year to date+13.0%
1 month−1.4%
3 months+2.1%
1 year+18.2%
3 years+19.0%per year
5 years+9.0%per year
10 years+9.2%per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for IEFA
YearReturn barIEFA
2026 YTD+13.0%
2025+32.1%
2024+3.3%
2023+18.0%
2022−15.2%
2021+11.7%
2020+8.2%

IEFA in the news

IEFA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
3.31%Last 12 months
Payout per share
$3.29Last 12 months
Last payment
$1.58 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 20 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.96; Dec 19, 2017 $0.73; Jun 19, 2018 $1.15; Dec 18, 2018 $0.75; Jun 17, 2019 $1.20; Dec 16, 2019 $0.88; Jun 15, 2020 $0.70; Dec 14, 2020 $0.61; Jun 10, 2021 $1.09; Dec 13, 2021 $1.28; Dec 30, 2021 $0.11; Jun 9, 2022 $1.33; Dec 13, 2022 $0.33; Jun 7, 2023 $1.28; Dec 20, 2023 $0.97; Jun 11, 2024 $1.31; Dec 17, 2024 $1.13; Jun 16, 2025 $1.47; Dec 16, 2025 $1.71; Jun 15, 2026 $1.58. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$1.58
Dec 16, 2025Dec 19, 2025$1.71
Jun 16, 2025Jun 20, 2025$1.47
Dec 17, 2024Dec 20, 2024$1.13
Jun 11, 2024Jun 17, 2024$1.31
Dec 20, 2023Dec 27, 2023$0.97
Jun 7, 2023Jun 13, 2023$1.28
Dec 13, 2022Dec 19, 2022$0.33
Jun 9, 2022Jun 15, 2022$1.33
Dec 30, 2021Jan 5, 2022$0.11
Dec 13, 2021Dec 17, 2021$1.28
Jun 10, 2021Jun 16, 2021$1.09

IEFA Risk

How much the fund’s monthly returns vary, scaled to a year.
12.2%
Annualised · 36 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
1.07
vs 3-month T-bills · to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−30.0%
Trough Sep 2022
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.89
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

IEFA Cost

Expense ratio0.07%
  • The middle half of Developed International Core funds
  • Median 0.09%

6 of the 21 Developed International Core funds charge less.

IEFA costs $7.00 a year on $10,000. The median Developed International Core fund costs $9.00.