EFG vs IQDG: Grades, Fees and Holdings Compared

iShares MSCI EAFE Growth ETF

EFGBCboe

WisdomTree International Quality Dividend Growth Fund

IQDGCCboe

Overlap

39.0%by weight

Expense ratio

EFG −0.08pt a year

EFG0.34%IQDG0.42%

Avg volume · 30D

EFG 25.6×the volume

EFG894KIQDG34.9K

10Y return · a year

IQDG +0.3pt

EFG+7.9%IQDG+8.2%

EFG vs IQDG Performance

Oct 29, 2021 – Oct 30, 2026

+16.4%EFG+21.5%IQDG

Expense ratio: EFG 0.34%, better; IQDG 0.42%
Fund size: EFG $15B; IQDG $683M
1Y total return: EFG +5.0%; IQDG +8.4%, better
Yield (12M): EFG 2.35%; IQDG 2.40%, better
Holdings: EFG 364; IQDG 290
Avg volume (30D): EFG 894K sh, better; IQDG 34.9K sh
NAV per share: EFG $118.54; IQDG $42.16
52W range

ETF.net Grade

Pillar letters and Scores for EFG, IQDG, with each pillar’s weight
Pillar	EFG	IQDG
Cost30% weight	C50Higher	D36
Mission25% weight	A93	A99Higher
Risk15% weight	F24	D28Higher
Tradability15% weight	A91Higher	D36
Holdings10% weight	B61Higher	C44
Durability5% weight	A86Higher	B60

Rank among International Factor Index funds

How we build Categories ›

Same Category. EFG and IQDG 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 IQDG 9th 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 9CGMOIGMO International Value ETFScore 52
Rank 9CIQDGWisdomTree International Quality Dividend Growth FundScore 52
Rank 11CFYLDCambria Foreign Shareholder Yield ETFScore 50

Our read on each fund

ETF.net Research

EFGBiShares MSCI EAFE Growth ETF

IQDGCWisdomTree International Quality Dividend Growth Fund

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.

IQDG WisdomTree's quality-dividend-growth idea, taken overseas in 2016: roughly 300 international dividend payers in one ticker, run by a fund that has hugged its benchmark about as tightly as this corner of the market gets.

Stated mandate

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

IQDG The Fund seeks to track, before fees and expenses, the price and yield performance of the WisdomTree International Quality Dividend Growth Index.

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

IQDG Does the one job an index fund has: tracking has been among the tightest in its international-factor peer group.
About 300 holdings, so no single overseas name or market carries the fund.
Pays quarterly, which suits investors who want the international dividend stream to actually show up in cash.
At 0.42% a year, the fee sits right around the middle of its international-factor cohort rather than at the pricey end.

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

IQDG Cheaper shelf-mates exist in the same cohort: QLVD at 0.15% and EFAV and ACWV at 0.20% all undercut it.
This is a quality-and-growth screen, not a volatility screen. It rides market swings more fully than min-vol peers like EFAV or ACWV.
Volume is moderate rather than heavy, so spreads are worth a look before placing size.

Full EFG profile⁠

Full IQDG profile⁠

EFG vs IQDG Holdings

How EFG and IQDG differ

Overlap by weight

39.0%

Shared holdings make up 68.7% of IQDG and 50.3% of EFG.

Level by level

Holdings137 in both39.0%
Sector11 Sectors81.7%
Countryby domicile81.9%
Asset classEquity100%

Sector

Sector weights in EFG and IQDG, widest gap first
Sector	More in EFGMore in IQDG	EFG	IQDG
Consumer Discretionary	IQDG +8.2 points	10.2%	18.4%
Technology	EFG +7.2 points	19.0%	11.8%
Financials	IQDG +5.4 points	12.1%	17.5%
Health Care	EFG +5.2 points	14.0%	8.8%
Industrials	EFG +3.7 points	27.8%	24.1%
Energy	IQDG +3.3 points	0.6%	3.9%
Communication	IQDG +1.4 points	4.0%	5.4%
Utilities	EFG +1.1 points	1.8%	0.7%
Materials	EFG +1.0 points	5.9%	4.9%
Real Estate	EFG +0.2 points	0.5%	0.3%
Consumer Staples	Same weight	4.2%	4.2%

Country, concentration and asset class

Country by domicile

Country weights in EFG and IQDG, widest gap first
Country	More in EFGMore in IQDG	EFG	IQDG
Japan	EFG +5.2 points	24.7%	19.5%
Australia	EFG +5.1 points	7.0%	1.9%
Spain	IQDG +4.8 points	2.4%	7.2%
Switzerland	IQDG +2.9 points	9.7%	12.6%
Singapore	IQDG +2.6 points	1.6%	4.2%
Netherlands	EFG +2.1 points	8.5%	6.4%
Finland	IQDG +1.8 points	0.0%	1.8%
Germany	EFG +1.6 points	9.2%	7.6%
Other countries (14)	IQDG +1.9 points	36.9%	38.8%

Outside the US: EFG 99% developed, 1% emerging. IQDG 98% developed, 2% emerging.

Concentration

Weight in the 10 largest Holdings

EFG21.3%
IQDG28.0%

Securities held

EFG347
IQDG275

Asset class

EFG: Equity
IQDG: Equity

Holdings

Only in EFG210
In both137
Only in IQDG138

Only in EFG

210 securities, 49.1% of EFG by weight

Astrazeneca PLC2.68%
Commonwealth Bank of Australia1.87%
Recruit Holdings Ltd1.53%
Ubs Group AG1.41%
Sony Group1.39%
Compagnie Financiere Richemont SA1.03%
Aia Group0.96%
Glaxosmithkline0.95%
Deutsche Telekom N AG0.94%
Kioxia Holdings0.94%
Spotify Technology0.83%
Itochu0.78%
Investor Class B0.71%
Anheuser-Busch Inbev SA0.69%
Bhp Group Ltd0.68%
Glencore PLC0.62%
Deutsche Boerse AG0.62%
Macquarie Group Ltd Def0.62%
Tokio Marine Holdings0.61%
Wesfarmers0.58%
Essilorluxottica SA0.57%
Nintendo0.55%
Vinci SA0.54%
Argenx0.54%
London Stock Exchange Group PLC0.54%
Mitsubishi Electric0.53%
Lonza Group AG0.52%
Anglo American PLC0.51%
Teva Pharmaceutical Industries0.47%
Volvo Class B0.47%
Ferrari0.46%
Hong Kong Exchanges and Clearing0.45%
Prosus NV Class N0.44%
Tesco PLC0.44%
Galderma Group N AG0.41%
Holcim Ltd AG0.41%
Sandoz Group AG0.40%
Rwe AG0.39%
Dsv0.38%
Nec0.36%
Goodman Group Units0.36%
Softbank Group Corp0.35%
Genmab0.34%
Woolworths Group0.33%
Takeda Pharmaceutical0.32%
Otsuka Holdings0.30%
Prudential PLC0.29%
Tdk0.29%
Transurban Group Stapled Units0.29%
Daiichi Sankyo Ltd0.28%

Only in IQDG

138 securities, 30.5% of IQDG by weight

Toyota Motor Corp2.91%
Astrazeneca PLC2.90%
Banco Bilbao Vizcaya Argentaria SA2.38%
Unilever Plc2.35%
Volvo AB1.08%
CIE Financiere Richemont0.97%
Reckitt Benckiser Group Plc0.95%
Daimler Truck Holding Ag0.80%
Bank Leumi Le-Israel BM0.75%
Bank Hapoalim BM0.59%
Ericsson Lm-B Shs0.57%
3i Group PLC0.57%
Sampo Oyj-A Shs0.57%
Daiwa House Industry Co Ltd0.53%
Mizrahi Tefahot Bank Ltd0.43%
Ferrari NV0.40%
Panasonic Holdings Corp0.32%
Singapore Airlines Ltd0.32%
Admiral Group PLC0.31%
Traton SE0.26%
Prada S.P.A.0.26%
Novozymes A/S0.22%
Isuzu Motors Ltd0.22%
British Airways PLC0.22%
Food & Life Companies Ltd0.21%
Kyoto Financial Group Inc0.21%
Volvo AB0.19%
Epiroc Ab-A0.18%
Saipem Spa0.18%
Zozo Inc0.18%
Kesko Oyj0.18%
Gaztransport Et Technigaz SA0.17%
Ryanair Holdings Plc0.17%
Nissan Chemical Corp0.16%
Investment AB Latour-B Shs0.16%
Sigma Pharmaceuticals Ltd0.16%
Andritz AG0.16%
Verbund - Oesterreichische Ele0.15%
Gunma Bank Ltd/The0.15%
TBC Bank Group Plc0.15%
Koninklijke Vopak NV0.15%
Euronav NV0.15%
Bezeq Israeli Telecommunication0.14%
Sulzer AG0.14%
Sydbank A/S0.13%
Hirose Electric Co Ltd0.13%
Newmed Energy Lp0.13%
Bank of Georgia Group Plc0.13%
Obic Business Consultants0.13%
STMicroelectronics NV0.12%

Weight gaps

The 100 widest of 137 Holdings in both funds.

Holding weights in EFG and IQDG, widest gap first
Holding	More in EFGMore in IQDG	EFG	IQDG
Asml Holding	EFG +3.03 points	5.82%	2.79%
Novartis AG	IQDG +2.42 points	0.99%	3.41%
Roche Ps Par AG	IQDG +2.29 points	1.15%	3.44%
Lvmh	IQDG +2.02 points	0.36%	2.38%
Industria De Diseno Textil SA	IQDG +1.82 points	0.65%	2.47%
Loreal SA	IQDG +1.79 points	0.72%	2.51%
Dbs Group Holdings Ltd	IQDG +1.61 points	0.73%	2.34%
Novo Nordisk Class B	IQDG +1.54 points	1.22%	2.76%
Siemens N AG	IQDG +1.45 points	0.71%	2.16%
Banco Santander	IQDG +1.10 points	0.54%	1.64%
Singapore Telecommunications Ltd	IQDG +0.97 points	0.15%	1.11%
Murata Manufacturing	IQDG +0.82 points	0.22%	1.04%
Advantest	EFG +0.79 points	1.54%	0.75%
Rolls-Royce Holdings PLCRR.L	EFG +0.78 points	1.32%	0.54%
Siemens Energy N AG	EFG +0.68 points	1.04%	0.36%
Roche Holding AG	IQDG +0.65 points	0.07%	0.72%
Hermes International	IQDG +0.63 points	0.47%	1.10%
MS&AD Insurance Group Holdings	IQDG +0.58 points	0.13%	0.71%
Lair Liquide Societe Anonyme Pour	IQDG +0.51 points	0.78%	1.29%
Keyence	EFG +0.51 points	0.89%	0.38%
Chugai Pharmaceutical Ltd	IQDG +0.49 points	0.28%	0.77%
Sompo Holdings	IQDG +0.49 points	0.12%	0.61%
Infineon Technologies AG	EFG +0.46 points	0.70%	0.24%
Universal Music Group	IQDG +0.46 points	0.19%	0.65%
Mitsubishi Heavy Industries	EFG +0.42 points	0.66%	0.24%
Koninklijke Kpn NV	IQDG +0.39 points	0.06%	0.45%
Sap	EFG +0.39 points	2.27%	1.88%
Kone	IQDG +0.39 points	0.10%	0.49%
Safran SA	EFG +0.38 points	1.01%	0.63%
Sgs SA	IQDG +0.33 points	0.10%	0.43%
Abb Ltd	EFG +0.31 points	1.27%	0.96%
Banco Comercial Portugues SA	IQDG +0.26 points	0.05%	0.31%
Shin Etsu Chemical	IQDG +0.27 points	0.38%	0.65%
Hochtief AG	IQDG +0.26 points	0.06%	0.32%
Thales SA	IQDG +0.26 points	0.23%	0.49%
Relx PLCREL.L	IQDG +0.24 points	0.67%	0.91%
Fast Retailing	EFG +0.23 points	0.83%	0.60%
Bawag Group AG	IQDG +0.23 points	0.09%	0.32%
Wolters Kluwer	IQDG +0.22 points	0.21%	0.43%
Hoya	EFG +0.22 points	0.53%	0.31%
Givaudan SA	IQDG +0.22 points	0.28%	0.50%
Airbus Group	IQDG +0.22 points	1.21%	1.43%
Sika AG	IQDG +0.21 points	0.11%	0.32%
Asm International NV	EFG +0.21 points	0.36%	0.15%
Atlas Copco Class A	IQDG +0.20 points	0.45%	0.65%
Sse PLCSSE.L	IQDG +0.21 points	0.40%	0.61%
Yangzijiang Shipbuilding (Holdings	IQDG +0.20 points	0.06%	0.26%
Rheinmetall AG	EFG +0.20 points	0.52%	0.32%
Eqt	IQDG +0.19 points	0.13%	0.32%
Resonac Holdings	IQDG +0.20 points	0.14%	0.34%
Fujikura	EFG +0.19 points	0.36%	0.17%
Vestas Wind Systems	EFG +0.18 points	0.26%	0.08%
Knorr Bremse AG	IQDG +0.18 points	0.06%	0.24%
Schneider Electric	EFG +0.18 points	1.39%	1.21%
Jeronimo Martins SA	IQDG +0.18 points	0.05%	0.23%
Tokyo Electron	IQDG +0.16 points	1.28%	1.44%
Dassault Aviation SA	IQDG +0.15 points	0.06%	0.21%
Prysmian	EFG +0.16 points	0.33%	0.17%
Qantas Airways	IQDG +0.15 points	0.04%	0.19%
Finecobank Banca Fineco	IQDG +0.15 points	0.07%	0.22%
Ibiden Ltd	EFG +0.14 points	0.23%	0.09%
Ucb SA	EFG +0.14 points	0.36%	0.22%
Geberit AG	IQDG +0.14 points	0.14%	0.28%
Kongsberg Gruppen	IQDG +0.15 points	0.15%	0.30%
Techtronic Industries	IQDG +0.14 points	0.24%	0.38%
Coca Cola Hbc AGCCH.L	IQDG +0.14 points	0.12%	0.26%
Brambles	IQDG +0.14 points	0.19%	0.33%
Mowi	IQDG +0.12 points	0.10%	0.22%
Amadeus It Group	IQDG +0.13 points	0.25%	0.38%
Halma PLCHLMA.L	EFG +0.11 points	0.16%	0.05%
Ajinomoto	EFG +0.11 points	0.26%	0.15%
Sandvik	EFG +0.11 points	0.36%	0.25%
Disco Corp	EFG +0.11 points	0.26%	0.15%
Moncler	IQDG +0.11 points	0.10%	0.21%
Asics	EFG +0.11 points	0.20%	0.09%
Evolution Mining	IQDG +0.10 points	0.16%	0.26%
Kingspan Group PLC	EFG +0.10 points	0.15%	0.05%
Endeavour MiningEDV.L	IQDG +0.10 points	0.10%	0.20%
Compass Group PLCCPG.L	IQDG +0.09 points	0.55%	0.64%
Obic Ltd	IQDG +0.09 points	0.08%	0.17%
Sonova Holding AG	IQDG +0.09 points	0.10%	0.19%
Epiroc Class A	EFG +0.08 points	0.14%	0.06%
Lasertec	EFG +0.09 points	0.18%	0.09%
Airtel Africa PLCAAF.L	IQDG +0.08 points	0.03%	0.11%
Accor SA	IQDG +0.09 points	0.09%	0.18%
Hitachi	EFG +0.09 points	1.36%	1.27%
Fujitsu	EFG +0.08 points	0.37%	0.29%
Logitech International	IQDG +0.09 points	0.06%	0.15%
Singapore Exchange	IQDG +0.08 points	0.12%	0.20%
Rea Group Ltd	IQDG +0.07 points	0.06%	0.13%
Furukawa Electric Ltd	EFG +0.07 points	0.11%	0.04%
Legrand SA	EFG +0.08 points	0.36%	0.28%
Ana Holdings	IQDG +0.07 points	0.01%	0.08%
Centrica PLCCNA.L	IQDG +0.07 points	0.09%	0.16%
Intercontinental Hotels Group PLCIHG.L	EFG +0.06 points	0.22%	0.16%
Resona Holdings	IQDG +0.07 points	0.28%	0.35%
Ryohin Keikaku	EFG +0.07 points	0.15%	0.08%
Kokusai Electric	EFG +0.05 points	0.09%	0.04%
Metso Corporation	IQDG +0.05 points	0.11%	0.16%
Assa Abloy B	EFG +0.04 points	0.37%	0.33%

All 348 EFG holdings⁠All 276 IQDG 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 IQDG Cost

Overpaying IQDG vs EFG

$1,540

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

EFG 0.34%
$6,932
IQDG 0.42%
$8,472

Amount$10,000

Years30 years

Cost over time

EFG 0.34%
IQDG 0.42%
Overpaying

Year by year

Year	EFG	IQDG	Overpaying
10	$616	$759	$143
20	$2,386	$2,927	$541
30	$6,932	$8,472	$1,540

Expense ratio

0.34%EFG, cheaper
0.42%IQDG

EFG0.34%IQDG0.42%

0.08%0.65%

Middle half of International Factor Index funds
Median 0.34%

EFG 8th cheapest of 15 funds

IQDG 10th cheapest of 15 funds

EFG vs IQDG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): EFG 2.35%; IQDG 2.40%, better
Payout (12M): EFG $2.79; IQDG $1.01
Last payment: EFG $0.98; IQDG $0.12
Ex-dividend: EFG Jun 15, 2026; IQDG Sep 25, 2026
Paid on: EFG Jun 18, 2026; IQDG Sep 29, 2026
Frequency: EFG Twice a year; IQDG Quarterly

Distribution history

Per share, 2017 to 2026, same scale for both

EFGTwice a year · 20 paymentsAll EFG payments⁠

IQDGQuarterly · 40 paymentsAll IQDG payments⁠

EFG vs IQDG Risk

Fall from peak · 5 years

EFG
IQDG

Risk facts

VolatilityStd dev, 3 years: EFG 13.8%IQDG 13.8%
Return per unit of riskSharpe ratio, 3 years: EFG 0.71, betterIQDG 0.65
Worst fallMax drawdown, 5 years: EFG −35.5%IQDG −33.0%, better
Market sensitivityBeta, 5 years: EFG 0.96IQDG 0.94; Market = 1

EFG and IQDG in the news

All news⁠

New ETFs
Healthcare is 31% of Invesco's new QQI fund
Oct 5, 2026EFG

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EFG vs IQDG

In short

Stated mandate

Why people hold it

Worth knowing

How EFG and IQDG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFG

Only in IQDG

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Healthcare is 31% of Invesco's new QQI fund

How EFG and IQDG differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in EFG

Only in IQDG

Weight gaps