EFG vs IMTM: Grades, Fees and Holdings Compared

iShares MSCI EAFE Growth ETF

EFGBCboe

iShares MSCI Intl Momentum Factor ETF

IMTMBNYSE Arca

Overlap

34.4%by weight

Expense ratio

IMTM −0.04pt a year

EFG0.34%IMTM0.30%

Avg volume · 30D

EFG 2.5×the volume

EFG894KIMTM354K

10Y return · a year

IMTM +2.4pt

EFG+7.9%IMTM+10.3%

EFG vs IMTM Performance

Oct 29, 2021 – Oct 30, 2026

+16.4%EFG+53.1%IMTM

Expense ratio: EFG 0.34%; IMTM 0.30%, better
Fund size: EFG $15B; IMTM $4.17B
1Y total return: EFG +5.0%; IMTM +12.1%, better
Yield (12M): EFG 2.35%; IMTM 4.56%, better
Holdings: EFG 364; IMTM 314
Avg volume (30D): EFG 894K sh, better; IMTM 354K sh
NAV per share: EFG $118.54; IMTM $50.91
52W range

ETF.net Grade

Pillar letters and Scores for EFG, IMTM, with each pillar’s weight
Pillar	EFG	IMTM
Cost30% weight	C50	B61Higher
Mission25% weight	A93	Not scored
Risk15% weight	F24	D39Higher
Tradability15% weight	A91Higher	A72
Holdings10% weight	B61Higher	C50
Durability5% weight	A86Higher	A76

Rank among International Factor Index funds

How we build Categories ›

Same Category. EFG and IMTM are both graded against the same 15 International Factor Index funds, so their Grades compare head to head.

International Factor Index⁠

Category · 15 funds

See all 15 ›

EFG ranks 4th and IMTM 7th of 15 funds in the International Factor Index Category.

Rank 1AEFAViShares MSCI EAFE Min Vol Factor ETFScore 75
Rank 2BACWViShares MSCI Global Min Vol Factor ETFScore 68
Rank 3BIDLVInvesco S&P International Developed Low Volatility ETFScore 66
Rank 4BEFGiShares MSCI EAFE Growth ETFScore 65
Rank 5BIDMOInvesco S&P International Developed Momentum ETFScore 61
Rank 6BTLTDNorthern Trust Morningstar Developed Markets ex-US Factor Tilt ETFScore 59
Rank 7BIMTMiShares MSCI Intl Momentum Factor ETFScore 58
Rank 7BVDGVanguard Developed Markets ex US Growth Index ETFScore 58

Our read on each fund

ETF.net Research

EFGBiShares MSCI EAFE Growth ETF

IMTMBiShares MSCI Intl Momentum Factor ETF

In short

EFG MSCI splits the EAFE benchmark into a value half and a growth half. EFG is the growth half: roughly 400 companies across Europe, Australasia and the Far East, screened on earnings and sales growth, running since 2005.

IMTM Momentum investing usually stops at the US border. IMTM runs the same idea across developed markets outside America, holding roughly 300 stocks picked for strong price momentum and reshuffling as leadership changes hands.

Stated mandate

EFG The fund seeks to track an index of developed-market equities outside the United States and Canada that exhibit growth characteristics.

IMTM The fund seeks to follow an index of developed-market international equities selected for relatively strong price momentum.

Why people hold it

EFG MSCI ranks EAFE companies on five growth measures (forward and past EPS growth, internal growth rate, sales-per-share trend) and keeps the top scorers. No manager hunches.msci.com
0.34% a year, under the 0.41% median for international factor ETFs, on a mandate iShares has run since 2005.
A multi-billion-dollar fund that trades actively, and it has tracked its stated index closely.
Roughly 400 names spread across Europe, Australasia and the Far East, so the growth bet is a broad one.cboe.com

IMTM Charges 0.30%, half the typical fee among international active-equity funds, and undercuts factor peers like AVDS while sitting near AVDE and DFIC.
A rare pure-momentum sleeve for developed markets outside the US, where most factor money never leaves home.
Live since 2015 and now a multi-billion-dollar iShares fund, so it has a decade of track record and real trading depth behind it.
Ranks in the top quartile of its international equity peer group on our review, one of the stronger implementations in the category.

Worth knowing

EFG The growth index is about half the parent EAFE index by free-float market value. The value half sits elsewhere, so this is one style, not all of developed international.cboe.com
Growth swings harder. Several peers in this cohort (EFAV, ACWV, QLVD) are engineered to damp volatility; EFG is not, and its risk profile is the choppier side of the group.
Holdings trade in yen, euros, pounds and other currencies, so moves in the dollar feed straight into what a US investor sees.ishares.com

IMTM Momentum chases what is already working, so the portfolio can tilt hard toward whichever countries and sectors are hot and swing more than a broad index.
Roughly 300 developed-market names means no emerging markets and a narrower bench than a total international fund.
Distributions arrive once or twice a year, not monthly, and it trades moderately rather than at mega-fund volumes.

Full EFG profile⁠

Full IMTM profile⁠

EFG vs IMTM Holdings

How EFG and IMTM differ

Overlap by weight

34.4%

Shared holdings make up 44.8% of EFG and 43.0% of IMTM.

Level by level

Holdings124 in both34.4%
Sector11 Sectors61.3%
Countryby domicile71.6%
Asset classEquity100%

Sector

Sector weights in EFG and IMTM, widest gap first
Sector	More in EFGMore in IMTM	EFG	IMTM
Financials	IMTM +24.6 points	12.1%	36.7%
Industrials	EFG +15.6 points	27.8%	12.2%
Energy	IMTM +11.0 points	0.6%	11.6%
Consumer Discretionary	EFG +7.4 points	10.2%	2.8%
Health Care	EFG +7.0 points	14.0%	7.0%
Technology	EFG +3.9 points	19.0%	15.1%
Communication	EFG +3.4 points	4.0%	0.6%
Utilities	IMTM +2.4 points	1.8%	4.2%
Consumer Staples	EFG +1.5 points	4.2%	2.7%
Materials	IMTM +0.6 points	5.9%	6.5%
Real Estate	IMTM +0.1 points	0.5%	0.6%

Country, concentration and asset class

Country by domicile

Country weights in EFG and IMTM, widest gap first
Country	More in EFGMore in IMTM	EFG	IMTM
Canada	IMTM +19.7 points	0.0%	19.7%
Germany	EFG +4.6 points	9.2%	4.6%
France	EFG +4.5 points	9.1%	4.6%
Australia	EFG +4.4 points	7.0%	2.6%
Sweden	EFG +3.4 points	5.4%	2.0%
Spain	IMTM +2.9 points	2.4%	5.3%
Denmark	EFG +2.8 points	2.8%	0.0%
Japan	IMTM +2.4 points	24.7%	27.1%
Other countries (9)	EFG +5.3 points	39.4%	34.1%

Outside the US: EFG 99% developed, 1% emerging. IMTM 99% developed, 1% emerging.

Concentration

Weight in the 10 largest Holdings

EFG21.3%
IMTM24.6%

Securities held

EFG347
IMTM297

Asset class

EFG: Equity
IMTM: Equity

Holdings

Only in EFG223
In both124
Only in IMTM173

Only in EFG

223 securities, 55.2% of EFG by weight

Astrazeneca PLC2.68%
Sap2.27%
Commonwealth Bank of Australia1.87%
Sony Group1.39%
Schneider Electric1.39%
Hitachi1.36%
Rolls-Royce Holdings PLC1.32%
Novo Nordisk Class B1.22%
Airbus Group1.21%
Safran SA1.01%
Aia Group0.96%
Deutsche Telekom N AG0.94%
Spotify Technology0.83%
Loreal SA0.72%
Siemens N AG0.71%
Relx PLC0.67%
Mitsubishi Heavy Industries0.66%
Industria De Diseno Textil SA0.65%
Macquarie Group Ltd Def0.62%
Wesfarmers0.58%
Essilorluxottica SA0.57%
Nintendo0.55%
Compass Group PLC0.55%
Vinci SA0.54%
Argenx0.54%
London Stock Exchange Group PLC0.54%
Hoya0.53%
Lonza Group AG0.52%
Rheinmetall AG0.52%
Hermes International0.47%
Volvo Class B0.47%
Ferrari0.46%
Hong Kong Exchanges and Clearing0.45%
Atlas Copco Class A0.45%
Prosus NV Class N0.44%
Tesco PLC0.44%
Holcim Ltd AG0.41%
Sse PLC0.40%
Dsv0.38%
Assa Abloy B0.37%
Fujitsu0.37%
Nec0.36%
Ucb SA0.36%
Goodman Group Units0.36%
Lvmh0.36%
Legrand SA0.36%
Softbank Group Corp0.35%
Experian PLC0.34%
Genmab0.34%
Prudential PLC0.29%

Only in IMTM

173 securities, 57.0% of IMTM by weight

Royal Bank of Canada3.42%
Hsbc Holdings PLC2.63%
Toronto Dominion2.48%
Shell2.10%
Totalenergies1.85%
Mitsubishi Ufj Financial Group1.72%
Iberdrola1.37%
Canadian Imperial Bank of Commerce1.34%
Sumitomo Mitsui Financial Group1.26%
Bank of Montreal1.19%
Allianz1.18%
Bank of Nova Scotia1.15%
Suncor Energy Inc1.03%
Canadian Natural Resources Ltd1.02%
Oversea-Chinese Banking1.02%
Mizuho Financial Group0.99%
Banco Bilbao Vizcaya Argentaria0.98%
Bp PLC0.90%
Mitsubishi0.84%
Panasonic Holdings0.76%
National Bank of Canada0.75%
Enbridge0.72%
Rio Tinto0.70%
Ing Groep0.68%
British American Tobacco0.66%
Mitsui0.62%
Manulife Financial0.56%
Japan Tobacco0.55%
Repsol0.50%
Enel0.49%
Cenovus Energy0.48%
Orix0.46%
Tc Energy0.43%
Power Corporation of Canada0.42%
Engie SA0.42%
Barclays PLC0.40%
Marubeni0.40%
Canadian National Railway0.39%
Bayer AG0.38%
Sumitomo0.37%
Nordea Bank0.35%
Caixabank SA0.35%
Daiichi Life Group0.34%
Japan Post Bank Ltd0.33%
Woodside Energy Group Ltd0.33%
Equinor0.32%
Bnp Paribas SA0.32%
Canadian Pacific Kansas City0.31%
Societe Generale SA0.31%
Kyocera0.31%

Weight gaps

The 100 widest of 124 Holdings in both funds.

Holding weights in EFG and IMTM, widest gap first
Holding	More in EFGMore in IMTM	EFG	IMTM
Asml Holding	EFG +1.15 points	5.82%	4.67%
Novartis AG	IMTM +1.13 points	0.99%	2.12%
Ubs Group AG	EFG +0.91 points	1.41%	0.50%
Roche Ps Par AG	IMTM +0.86 points	1.15%	2.01%
Recruit Holdings Ltd	EFG +0.80 points	1.53%	0.73%
Bhp Group Ltd	IMTM +0.79 points	0.68%	1.47%
Banco Santander	IMTM +0.75 points	0.54%	1.29%
Murata Manufacturing	IMTM +0.69 points	0.22%	0.91%
Compagnie Financiere Richemont SA	EFG +0.63 points	1.03%	0.40%
Kioxia Holdings	IMTM +0.58 points	0.94%	1.52%
Keyence	EFG +0.46 points	0.89%	0.43%
GlaxosmithklineGSK.L	EFG +0.42 points	0.95%	0.53%
Eni	IMTM +0.41 points	0.26%	0.67%
Nokia	IMTM +0.41 points	0.14%	0.55%
Dbs Group Holdings Ltd	IMTM +0.40 points	0.73%	1.13%
Deutsche Boerse AG	EFG +0.39 points	0.62%	0.23%
Anheuser-Busch Inbev SA	EFG +0.39 points	0.69%	0.30%
Bae Systems PLCBA.L	EFG +0.38 points	0.77%	0.39%
Lair Liquide Societe Anonyme Pour	EFG +0.38 points	0.78%	0.40%
Itochu	EFG +0.37 points	0.78%	0.41%
Siemens Energy N AG	EFG +0.26 points	1.04%	0.78%
Sompo Holdings	IMTM +0.22 points	0.12%	0.34%
Anglo American PLCAAL.L	EFG +0.21 points	0.51%	0.30%
Tokyo Electron	EFG +0.21 points	1.28%	1.07%
Standard Chartered PLCSTAN.L	IMTM +0.20 points	0.16%	0.36%
Tokio Marine Holdings	EFG +0.19 points	0.61%	0.42%
Lloyds Banking Group PLCLLOY.L	IMTM +0.19 points	0.25%	0.44%
Nebius NV Class ANBIS	IMTM +0.18 points	0.10%	0.28%
Infineon Technologies AG	EFG +0.18 points	0.70%	0.52%
Abb Ltd	EFG +0.16 points	1.27%	1.11%
Tdk	EFG +0.15 points	0.29%	0.14%
Ajinomoto	EFG +0.14 points	0.26%	0.12%
Tower Semiconductor	IMTM +0.14 points	0.19%	0.33%
Intercontinental Hotels Group PLCIHG.L	EFG +0.14 points	0.22%	0.08%
Takeda Pharmaceutical	IMTM +0.14 points	0.32%	0.46%
Coca Cola Europacific Partners PLCCCEP	EFG +0.14 points	0.21%	0.08%
Ibiden Ltd	IMTM +0.14 points	0.23%	0.37%
Sumitomo Electric Industries	IMTM +0.14 points	0.30%	0.44%
Fast Retailing	EFG +0.12 points	0.83%	0.71%
Astellas Pharma	IMTM +0.12 points	0.09%	0.21%
Investor Class B	EFG +0.11 points	0.71%	0.60%
Asm International NV	EFG +0.11 points	0.36%	0.25%
Daikin Industries Ltd	EFG +0.10 points	0.21%	0.11%
Jx Advanced Metals Corp	IMTM +0.09 points	0.10%	0.19%
Ferrovial NV	EFG +0.09 points	0.25%	0.16%
Sandoz Group AG	EFG +0.09 points	0.40%	0.31%
Galderma Group N AG	EFG +0.08 points	0.41%	0.33%
Fujikura	IMTM +0.08 points	0.36%	0.44%
Woolworths Group	EFG +0.08 points	0.33%	0.25%
Kirin Holdings	IMTM +0.07 points	0.05%	0.12%
Acs Actividades De Construccion Y	IMTM +0.08 points	0.17%	0.25%
Teva Pharmaceutical IndustriesTEVA	EFG +0.08 points	0.47%	0.39%
Sandvik	EFG +0.07 points	0.36%	0.29%
Resona Holdings	EFG +0.07 points	0.28%	0.21%
Advantest	IMTM +0.06 points	1.54%	1.60%
Otsuka Holdings	EFG +0.06 points	0.30%	0.24%
Smc (Japan) Corp	IMTM +0.06 points	0.07%	0.13%
Alfa Laval	EFG +0.06 points	0.15%	0.09%
Diploma PLCDPLM.L	EFG +0.06 points	0.12%	0.06%
Kokusai Electric	EFG +0.05 points	0.09%	0.04%
Mitsubishi Estate Co Ltd	IMTM +0.06 points	0.12%	0.18%
Keppel	IMTM +0.05 points	0.04%	0.09%
Erste Group Bank AG	IMTM +0.04 points	0.18%	0.22%
Metso Corporation	EFG +0.04 points	0.11%	0.07%
Glencore PLCGLEN.L	EFG +0.05 points	0.62%	0.57%
Orion Class B	EFG +0.04 points	0.11%	0.07%
Resonac Holdings	IMTM +0.05 points	0.14%	0.19%
Lotus Bakeries NV	EFG +0.04 points	0.06%	0.02%
Pearson PLCPSON.L	EFG +0.05 points	0.08%	0.03%
Millicom International CellularTIGO	IMTM +0.03 points	0.05%	0.08%
Ryohin Keikaku	EFG +0.04 points	0.15%	0.11%
Symrise AG	EFG +0.03 points	0.08%	0.05%
Kawasaki Heavy Industries	EFG +0.03 points	0.09%	0.06%
Delivery Hero	EFG +0.03 points	0.05%	0.02%
Prysmian	EFG +0.04 points	0.33%	0.29%
Coca Cola Hbc AGCCH.L	EFG +0.04 points	0.12%	0.08%
Furukawa Electric Ltd	IMTM +0.04 points	0.11%	0.15%
Antofagasta PLCANTO.L	EFG +0.04 points	0.14%	0.10%
Lasertec	EFG +0.04 points	0.18%	0.14%
Norsk Hydro	EFG +0.03 points	0.09%	0.06%
Knorr Bremse AG	EFG +0.03 points	0.06%	0.03%
Mitsubishi Electric	EFG +0.03 points	0.53%	0.50%
Infratil Ltd	EFG +0.03 points	0.06%	0.03%
Indra Sistemas SA	EFG +0.03 points	0.07%	0.04%
Daifuku	EFG +0.03 points	0.10%	0.07%
Fanuc Corp	IMTM +0.02 points	0.21%	0.23%
Shin Etsu Chemical	IMTM +0.03 points	0.38%	0.41%
Enlight Renewable Energy	IMTM +0.02 points	0.09%	0.11%
Singapore Technologies Engineering	EFG +0.02 points	0.12%	0.10%
Ebara	EFG +0.02 points	0.10%	0.08%
Telia Company	EFG +0.02 points	0.11%	0.09%
Hochtief AG	IMTM +0.02 points	0.06%	0.08%
Be Semiconductor Industries NV	EFG +0.03 points	0.12%	0.09%
Mitsui Kinzoku Limited Ltd	IMTM +0.02 points	0.07%	0.09%
Banco Comercial Portugues SA	IMTM +0.02 points	0.05%	0.07%
Euronext NV	EFG +0.03 points	0.10%	0.07%
Pls Group Ltd	EFG +0.03 points	0.06%	0.03%
Rwe AG	EFG +0.02 points	0.39%	0.37%
Bawag Group AG	IMTM +0.02 points	0.09%	0.11%
Yokogawa Electric	EFG +0.02 points	0.06%	0.04%

All 348 EFG holdings⁠All 298 IMTM holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

EFG vs IMTM Cost

Overpaying EFG vs IMTM

$783

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

EFG 0.34%
$6,932
IMTM 0.30%
$6,149

Amount$10,000

Years30 years

Cost over time

EFG 0.34%
IMTM 0.30%
Overpaying

Year by year

Year	EFG	IMTM	Overpaying
10	$616	$545	$71
20	$2,386	$2,113	$273
30	$6,932	$6,149	$783

Expense ratio

0.34%EFG
0.30%IMTM, cheaper

IMTM0.30%EFG0.34%

0.08%0.65%

Middle half of International Factor Index funds
Median 0.34%

IMTM 6th cheapest of 15 funds

EFG 8th cheapest of 15 funds

EFG vs IMTM Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EFG 2.35%; IMTM 4.56%, better
Payout (12M): EFG $2.79; IMTM $2.32
Last payment: EFG $0.98; IMTM $0.60
Ex-dividend: EFG Jun 15, 2026; IMTM Jun 15, 2026
Paid on: EFG Jun 18, 2026; IMTM Jun 18, 2026
Frequency: EFG Twice a year; IMTM Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

EFGTwice a year · 20 paymentsAll EFG payments⁠

IMTMTwice a year · 20 paymentsAll IMTM payments⁠

EFG vs IMTM Risk

Fall from peak · 5 years

EFG
IMTM

Risk facts

VolatilityStd dev, 3 years: EFG 13.8%IMTM 12.8%, better
Return per unit of riskSharpe ratio, 3 years: EFG 0.71IMTM 1.28, better
Worst fallMax drawdown, 5 years: EFG −35.5%IMTM −30.6%, better
Market sensitivityBeta, 5 years: EFG 0.96IMTM 0.81; Market = 1

EFG and IMTM in the news

All news⁠

New ETFs
Three new international stock funds, and none is the cheap one
Oct 5, 2026IMTM
New ETFs
Healthcare is 31% of Invesco's new QQI fund
Oct 5, 2026EFG

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EFG vs IMTM

In short

Stated mandate

Why people hold it

Worth knowing

How EFG and IMTM differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFG

Only in IMTM

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Three new international stock funds, and none is the cheap one

Healthcare is 31% of Invesco's new QQI fund

How EFG and IMTM differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFG

Only in IMTM

Weight gaps