GSID vs IEFA: Grades, Fees and Holdings Compared

Goldman Sachs MarketBeta International Equity ETF

GSIDCCboe

iShares Core MSCI EAFE ETF

IEFAACboe

Overlap

84.2%by weight

Expense ratio

IEFA −0.13pt a year

GSID0.20%IEFA0.07%

Avg volume · 30D

IEFA 145.8×the volume

GSID60.7KIEFA8.85M

5Y return · a year

GSID +0.1pt

GSID+8.3%IEFA+8.2%

GSID vs IEFA Performance

Oct 29, 2021 – Oct 30, 2026

+48.8%GSID+48.4%IEFA

Expense ratio: GSID 0.20%; IEFA 0.07%, better
Fund size: GSID $996M; IEFA $189B
1Y total return: GSID +13.2%; IEFA +13.3%, better
Yield (12M): GSID 2.53%; IEFA 3.41%, better
Holdings: GSID 902; IEFA 2638
Avg volume (30D): GSID 60.7K sh; IEFA 8.85M sh, better
NAV per share: GSID $74.87; IEFA $96.14
52W range

ETF.net Grade

Pillar letters and Scores for GSID, IEFA, with each pillar’s weight
Pillar	GSID	IEFA
Cost30% weight	D38	B68Higher
Mission25% weight	A100	A100
Risk15% weight	C44	C44
Tradability15% weight	F15	A80Higher
Holdings10% weight	A74	A87Higher
Durability5% weight	D28	A85Higher

Rank among Developed International Core funds

How we build Categories ›

Same Category. GSID and IEFA are both graded against the same 20 Developed International Core funds, so their Grades compare head to head.

Developed International Core⁠

Category · 20 funds

See all 20 ›

IEFA ranks 4th and GSID 15th of 20 funds in the Developed International Core Category.

Rank 1AIDEViShares Core MSCI International Developed Markets ETFScore 81
Rank 2ASPDWState Street SPDR Portfolio Developed World ex-US ETFScore 80
Rank 2AVEAVanguard FTSE Developed Markets ETFScore 80
Rank 4AIEFAiShares Core MSCI EAFE ETFScore 76
Rank 4ASCHFSchwab International Equity ETFScore 76
Rank 14BFNDFSchwab Fundamental International Large Company Index ETFScore 56
Rank 15CGSIDGoldman Sachs MarketBeta International Equity ETFScore 53
Rank 16CPXFInvesco RAFI Developed Markets ex-U.S. ETFScore 51

Our read on each fund

ETF.net Research

GSIDCGoldman Sachs MarketBeta International Equity ETF

IEFAAiShares Core MSCI EAFE ETF

In short

GSID Goldman's plain-vanilla international core: roughly 900 developed-market stocks outside North America, held directly, at 0.20% net of a waiver through December 29, 2026. A big Wall Street name doing a quiet index-fund job.

IEFA Developed 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

GSID The Fund seeks to track, before fees and expenses, the Solactive GBS Developed Markets ex North America Large & Mid Cap Index.

IEFA 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

GSID The tracking job is the strength here: it has hugged its Solactive developed ex-North America index closely, which is the entire assignment for a market-beta wrapper.
Roughly 900 large and mid caps across Europe, Japan and the rest of the developed world, covering about 85% of that market by Goldman's own count.gs.com
Goldman designed the MarketBeta line as a core building block to be combined with other funds, and this one pays out quarterly.gs.com

IEFA Charges 0.07% a year, against a 0.18% median for its developed-markets index peers.
The 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
Trading 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.
Sticks 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

GSID 0.20% net of a waiver through December 29, 2026 (0.25% gross) sits above the category median, in a group where IDEV charges 0.04% and VEA and SCHF 0.03%.
Moderately traded rather than one of the category's most liquid names, so bid-ask spreads can run wider than at the index-fund giants.
No US or Canadian stocks and no emerging markets: one slice of global equity, not a whole-world fund.

IEFA Not 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.
EAFE stops at developed markets and leaves out Canada, so a full international sleeve needs emerging markets (and Canada) from somewhere else.
Distributions arrive once or twice a year rather than monthly or quarterly.

Full GSID profile⁠

Full IEFA profile⁠

GSID vs IEFA Holdings

How GSID and IEFA differ

Overlap by weight

84.2%

Shared holdings make up 96.1% of GSID and 84.9% of IEFA.

Level by level

Holdings814 in both84.2%
Countryby domicile95.1%
Sector11 Sectors96.1%
Asset classEquity100%

Sector

Sector weights in GSID and IEFA, widest gap first
Sector	More in GSIDMore in IEFA	GSID	IEFA
Industrials	IEFA +1.3 points	17.9%	19.2%
Consumer Discretionary	IEFA +1.4 points	7.2%	8.6%
Financials	GSID +1.3 points	25.0%	23.7%
Technology	GSID +1.3 points	11.9%	10.6%
Real Estate	IEFA +0.8 points	1.8%	2.6%
Communication	GSID +0.7 points	4.5%	3.8%
Materials	IEFA +0.4 points	6.1%	6.5%
Health Care	GSID +0.5 points	10.8%	10.3%
Consumer Staples	GSID +0.1 points	6.8%	6.7%
Utilities	GSID +0.1 points	3.7%	3.6%
Energy	Same weight	4.3%	4.3%

Country, concentration and asset class

Country by domicile

Country weights in GSID and IEFA, widest gap first
Country	More in GSIDMore in IEFA	GSID	IEFA
United States	GSID +1.4 points	1.4%	0.0%
France	IEFA +1.4 points	7.3%	8.7%
United Kingdom	IEFA +1.2 points	13.5%	14.7%
Norway	GSID +0.9 points	0.9%	0.0%
Poland	GSID +0.7 points	0.7%	0.0%
Ireland	GSID +0.6 points	0.6%	0.0%
Other countries (20)	IEFA +0.9 points	75.7%	76.6%

Outside the US: GSID 98% developed, 2% emerging. IEFA 98% developed, 2% emerging.

Concentration

Weight in the 10 largest Holdings

GSID13.9%
IEFA12.4%

Securities held

GSID891
IEFA2,621

Asset class

GSID: Equity
IEFA: Equity

Holdings

Only in GSID77
In both814
Only in IEFA1,807

Only in GSID

77 securities, 3.9% of GSID by weight

Ince/Icus Msci Eafe 12/20260.46%
Spotify Technology S.a.0.39%
Glencore PLC0.30%
Argenx Se-Adr0.25%
Teva Pharmaceutical Inds Ltd0.22%
St Microelectronics0.14%
Arcelormittal0.12%
Powszechna Kasa Oszczednosci Bank Polski Spolka Ak0.11%
Ryanair Holdings Plc-Adr0.11%
Coca-Cola Europacific Partners PLC0.10%
Investor Aktiebolag (Publ)0.10%
Orlen SA0.10%
International Consolidated-Adr0.09%
Allegro.eu0.07%
Icon Public Limited Company0.06%
Ascendis Pharma A/S0.06%
Bank Pekao0.05%
Check Point Software Tech. Ltd0.05%
Geely Automobile Holdings Limited0.05%
Upm-Kymmene Corp.0.05%
Powszechny Zaklad Ubezpieczen0.05%
Jardine Matheson Holdings (Sg)0.05%
Kghm Polska Miedz SA0.05%
Iren Limited0.04%
Cspc Pharmaceutical Group Ltd0.04%
Lpp Spolka Akcyjna0.04%
Biontech Se-Adr0.04%
Erste Bank Polska SA0.04%
Icg PLC0.03%
Silicon Motion Technology Corp-Adr0.03%
China Mengniu Dairy Co0.03%
Sino Biopharmaceutical Limited0.03%
Zijin Gold International Company Limited0.03%
Volvo A Fria Shs0.03%
Jeronimo Martins Estab0.02%
CD Projekt Red SA0.02%
Mbank0.02%
Pge Polska Grupa Energetyczna Spolka Akcyjna0.02%
Dino Polska Spolka Akcyjna0.02%
Asseco Poland SA0.02%
A2 Milk Co Ltd0.02%
Kingboard Laminates Hldgs Ltd0.02%
Vend Marketplaces Asa0.02%
Mainfreight Limited0.02%
Bank Millennium SA0.02%
Kingboard Holdings Ltd0.02%
Zabka Group0.02%
Swire Properties Limited0.01%
Sparebanken Norge0.01%
Prada Spa0.01%

Only in IEFA

1,807 securities, 14.5% of IEFA by weight

Spotify Technology0.35%
Glencore PLC0.26%
Argenx0.23%
Teva Pharmaceutical Industries0.20%
Stmicroelectronics0.12%
Arcelormittal SA0.10%
Aercap Holdings0.10%
Boc Hong Kong Holdings Ltd0.10%
Coca Cola Europacific Partners PLC0.09%
Veolia Environ. SA0.09%
Nn Group0.09%
Wolters Kluwer0.09%
Helvetia Baloise Holding N AG0.08%
Vat Group AG0.07%
Banco De Sabadell0.07%
Julius Baer Gruppe AG0.07%
Sonova Holding AG0.07%
Euronext NV0.06%
Logitech International0.06%
Symrise AG0.06%
Asr Nederland0.05%
Coca Cola Hbc AG0.05%
Diploma PLC0.05%
Swiss Prime Site AG0.05%
Check Point Software Technologies0.05%
Be Semiconductor Industries NV0.05%
Unibail Rodamco We Stapled Units0.05%
Gea Group AG0.05%
Eurofins Scientific0.05%
Bureau Veritas SA0.04%
Ryanair Holdings PLC0.04%
Akzo Nobel NV0.04%
Chocoladefabriken Lindt & Spruengl0.04%
Endeavour Mining0.04%
Qiagen0.04%
Aegon0.04%
Bankinter0.04%
Imi PLC0.04%
Magnum Ice Cream0.04%
Accor SA0.04%
Jardine Matheson Holdings0.04%
Belimo N AG0.04%
Pandora0.04%
Upm-Kymmene Corp0.04%
Psp Swiss Property AG0.03%
Klepierre Reit SA0.03%
Brenntag0.03%
Carrefour SA0.03%
Rexel SA0.03%
Hiscox Ltd0.03%

Weight gaps

The 100 widest of 814 Holdings in both funds.

Holding weights in GSID and IEFA, widest gap first
Holding	More in GSIDMore in IEFA	GSID	IEFA
Asml Holding N.v.	GSID +0.41 points	2.86%	2.45%
Mitsubishi Ufj Financial Group	GSID +0.19 points	1.13%	0.94%
Hsbc Holdings PLCHSBA.L	GSID +0.18 points	1.35%	1.17%
Roche Holding AG	GSID +0.17 points	1.55%	1.38%
Siemens AG Reg Shs	GSID +0.13 points	0.99%	0.86%
Totalenergies SE	GSID +0.13 points	0.87%	0.74%
Banco Santander, S.a.	GSID +0.13 points	0.77%	0.64%
Nippon Telegph & Tele	GSID +0.12 points	0.25%	0.13%
Novartis AG Shs	GSID +0.12 points	1.31%	1.19%
Telstra Group Ltd	GSID +0.11 points	0.17%	0.06%
Advantest Corp	GSID +0.11 points	0.76%	0.65%
Shell PLCSHEL.L	GSID +0.11 points	1.36%	1.25%
Sumitomo Mitsui Fin Group, Inc	GSID +0.10 points	0.70%	0.60%
Sap SE	GSID +0.10 points	1.06%	0.96%
Allianz SE	GSID +0.11 points	0.85%	0.74%
Mizuho Financial Group	GSID +0.10 points	0.56%	0.46%
Banco Bilbao Vizcaya	GSID +0.10 points	0.62%	0.52%
Rolls-Royce Holdings PLCRR.L	GSID +0.10 points	0.65%	0.55%
Schneider Electric	GSID +0.10 points	0.68%	0.58%
Tokyo Electron Ltd	GSID +0.09 points	0.63%	0.54%
Nestle S.a.	GSID +0.09 points	1.15%	1.06%
Bhp Group Limited	GSID +0.08 points	0.91%	0.83%
Ubs Group AG	GSID +0.08 points	0.68%	0.60%
Commonwealth Bank of Australia	GSID +0.08 points	0.87%	0.79%
Abb Ltd	GSID +0.09 points	0.62%	0.53%
Unicredit, Societa' Per Azioni	GSID +0.08 points	0.52%	0.44%
Itochu Corporation	GSID +0.08 points	0.41%	0.33%
Anheuser-Busch Inbev	GSID +0.08 points	0.37%	0.29%
Kioxia Holdings Corporation	GSID +0.08 points	0.47%	0.39%
Iberdrola Sociedad Anonima	GSID +0.07 points	0.69%	0.62%
Airbus SE	GSID +0.07 points	0.58%	0.51%
Mitsubishi Corp.	GSID +0.08 points	0.45%	0.37%
Sony Group Corporation	GSID +0.07 points	0.65%	0.58%
British American Tobacco OrdBATS.L	GSID +0.06 points	0.56%	0.50%
Hitachi, Ltd.	GSID +0.07 points	0.64%	0.57%
Safran SA	GSID +0.07 points	0.49%	0.42%
Siemens Energy AG	GSID +0.06 points	0.50%	0.44%
Toyota Motor Corporation	GSID +0.06 points	0.80%	0.74%
Bnp Paribas	GSID +0.06 points	0.44%	0.38%
Hong Kong Exchanges & Clear	GSID +0.06 points	0.25%	0.19%
Zurich Insurance Group AG	GSID +0.06 points	0.51%	0.45%
Lvmh Moet-Hennessy Louis	GSID +0.06 points	0.49%	0.43%
Murata Mfg. Co., Ltd.	GSID +0.06 points	0.32%	0.26%
Unilever PLCULVR.L	GSID +0.06 points	0.62%	0.56%
Barclays PLCBARC.L	GSID +0.06 points	0.36%	0.30%
Intesa Sanpaolo	GSID +0.06 points	0.43%	0.37%
Softbank Group Corp.	GSID +0.06 points	0.48%	0.42%
Axa	GSID +0.06 points	0.36%	0.30%
Fujikura Ltd.	GSID +0.06 points	0.21%	0.15%
Lloyds Banking Group PLCLLOY.L	GSID +0.06 points	0.35%	0.29%
Fujitsu Limited	GSID +0.05 points	0.21%	0.16%
Infineon Technologies AG	GSID +0.05 points	0.35%	0.30%
Dbs Group Holdings Ltd	GSID +0.05 points	0.52%	0.47%
Deutsche Telekom AG	GSID +0.05 points	0.45%	0.40%
Bae Systems PLCBA.L	GSID +0.06 points	0.38%	0.32%
Rio Tinto PLCRIO.L	GSID +0.05 points	0.40%	0.35%
Air Liquide SA	GSID +0.05 points	0.56%	0.51%
Deutsche Bank Reg Shs	GSID +0.05 points	0.28%	0.23%
Natwest Group PLCNWG.L	GSID +0.04 points	0.29%	0.25%
Generali	GSID +0.05 points	0.19%	0.14%
Enel Spa Eur 1	GSID +0.04 points	0.36%	0.32%
Anz Group Holdings Ltd	GSID +0.04 points	0.39%	0.35%
Recruit Holdings Co., Ltd.	GSID +0.04 points	0.69%	0.65%
Rwe AG	GSID +0.04 points	0.21%	0.17%
Compagnie Financiere Richemont SA	GSID +0.05 points	0.48%	0.43%
Standard Chartered PLCSTAN.L	GSID +0.04 points	0.23%	0.19%
Industria De Diseno Textil, S.a.	GSID +0.04 points	0.31%	0.27%
Gsk PLCGSK.L	GSID +0.04 points	0.44%	0.40%
Investor Aktiebolag	GSID +0.04 points	0.34%	0.30%
Mitsubishi Elec Corp	GSID +0.04 points	0.26%	0.22%
Ing Groep N.v.	GSID +0.04 points	0.40%	0.36%
Seven & I Holdings Co., Ltd.	GSID +0.04 points	0.14%	0.10%
Novo Nordisk A/S	GSID +0.04 points	0.55%	0.51%
Ibiden Co Ltd	GSID +0.04 points	0.14%	0.10%
Lonza Group AG	GSID +0.04 points	0.26%	0.22%
Nebius Group NVNBIS	GSID +0.04 points	0.16%	0.12%
Sumitomo Corporation	GSID +0.04 points	0.21%	0.17%
Nordea Bank Abp	GSID +0.04 points	0.25%	0.21%
Westpac Banking Corporation	GSID +0.03 points	0.39%	0.36%
Honda Motor Co., Ltd.	GSID +0.04 points	0.20%	0.16%
Vinci SA	GSID +0.04 points	0.27%	0.23%
Astrazeneca PLC OrdAZN.L	GSID +0.04 points	1.17%	1.13%
Shin-Etsu Chemical	GSID +0.03 points	0.28%	0.25%
Ocbc Ltd	GSID +0.03 points	0.33%	0.30%
Mitsui & Co Ltd	GSID +0.04 points	0.34%	0.30%
Aia Group Limited	GSID +0.03 points	0.43%	0.40%
Marubeni Corporation	GSID +0.04 points	0.21%	0.17%
National Grid PLCNG.L	GSID +0.03 points	0.36%	0.33%
Bank Hapoalim B.m. (Ord)	GSID +0.04 points	0.14%	0.10%
MS&AD Insurance Group Holdings	GSID +0.03 points	0.19%	0.16%
Sompo Holdings, Inc.	GSID +0.03 points	0.18%	0.15%
Commerzbank Aktiengesellschaft	GSID +0.03 points	0.13%	0.10%
Nokia Oyj Series A	GSID +0.04 points	0.21%	0.17%
National Australia Bk -Ord	GSID +0.04 points	0.40%	0.36%
Tokio Marine Holdings, Inc.	GSID +0.03 points	0.43%	0.40%
Compass Group PLCCPG.L	GSID +0.03 points	0.26%	0.23%
Hoya Corp	GSID +0.03 points	0.25%	0.22%
Dhl Group	GSID +0.03 points	0.27%	0.24%
Mitsubishi Heavy Ind	GSID +0.03 points	0.31%	0.28%
Ericsson (Lm) Telefon-	GSID +0.03 points	0.15%	0.12%

All 892 GSID holdings⁠All 2,625 IEFA 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.

GSID vs IEFA Cost

Overpaying GSID vs IEFA

$2,675

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

GSID 0.20%
$4,155
IEFA 0.07%
$1,480

Amount$10,000

Years30 years

Cost over time

GSID 0.20%
IEFA 0.07%
Overpaying

Year by year

Year	GSID	IEFA	Overpaying
10	$365	$128	$237
20	$1,421	$503	$918
30	$4,155	$1,480	$2,675

Expense ratio

0.20%GSID
0.07%IEFA, cheaper

IEFA0.07%GSID0.20%

0.03%0.70%

Middle half of Developed International Core funds
Median 0.10%

IEFA 7th cheapest of 20 funds

GSID 12th cheapest of 20 funds

GSID vs IEFA Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GSID 2.53%; IEFA 3.41%, better
Payout (12M): GSID $1.88; IEFA $3.29
Last payment: GSID $0.39; IEFA $1.58
Ex-dividend: GSID Sep 24, 2026; IEFA Jun 15, 2026
Paid on: GSID Sep 30, 2026; IEFA Jun 18, 2026
Frequency: GSID Quarterly; IEFA Twice a year

Distribution history

Per share, 2017 to 2026, same scale for both

GSIDQuarterly · 25 paymentsAll GSID payments⁠

IEFATwice a year · 20 paymentsAll IEFA payments⁠

GSID vs IEFA Risk

Fall from peak · 5 years

GSID
IEFA

Risk facts

VolatilityStd dev, 3 years: GSID 11.9%IEFA 11.9%
Return per unit of riskSharpe ratio, 3 years: GSID 1.18IEFA 1.20, better
Worst fallMax drawdown, 5 years: GSID −29.5%, betterIEFA −30.0%
Market sensitivityBeta, 5 years: GSID 0.88IEFA 0.89; Market = 1

GSID and IEFA in the news

All news⁠

Head-to-Head
IEFA vs. EFA: the cheaper fund is the one to hold
Oct 27, 2026IEFA
Head-to-Head
South Korea is the difference between VWO and IEMG
Oct 20, 2026IEFA
Best ETFs
Vanguard's total international fund is the one-fund pick, and Korea splits the rest
Updated Oct 2, 2026IEFA
ETF Filings
Causeway files its first ETFs into a 0.22% to 0.39% category, its own fee blank
Sep 18, 2026IEFA
New ETFs
PGIM lists two more Jennison core ETFs after a May launch that still holds $7 million
Sep 8, 2026IEFA

Popular comparisons

GSIDCvsIDEVA
Goldman Sachs MarketBeta International Equity ETF · iShares Core MSCI International Developed Markets ETF
Expense ratio
0.20% · 0.04%
Category
IEFAAvsIDEVA
iShares Core MSCI EAFE ETF · iShares Core MSCI International Developed Markets ETF
Expense ratio
0.07% · 0.04%
Category
GSIDCvsSPDWA
Goldman Sachs MarketBeta International Equity ETF · State Street SPDR Portfolio Developed World ex-US ETF
Expense ratio
0.20% · 0.03%
Category
IEFAAvsSPDWA
iShares Core MSCI EAFE ETF · State Street SPDR Portfolio Developed World ex-US ETF
Expense ratio
0.07% · 0.03%
Category
GSIDCvsVEAA
Goldman Sachs MarketBeta International Equity ETF · Vanguard FTSE Developed Markets ETF
Expense ratio
0.20% · 0.03%
Category
IEFAAvsVEAA
iShares Core MSCI EAFE ETF · Vanguard FTSE Developed Markets ETF
Expense ratio
0.07% · 0.03%
Category

GSID vs IEFA

In short

Stated mandate

Why people hold it