IDLV vs VEFA

IDLVBInvesco S&P International Developed Low Volatility ETF

VEFACVanEck MSCI EAFE Analyst Sentiment ETF

In short

IDLV Screens developed markets for calm instead of size: roughly 200 international large and mid caps chosen by an S&P low volatility index, run on the same rulebook since 2012.

VEFA Most EAFE factor funds sort on volatility, momentum or quality. VEFA uses a different signal: it tracks an MSCI index that picks developed-market stocks outside the US and Canada on analyst sentiment, holding roughly 110 names.

Stated mandate

IDLV The Fund seeks exposure to large- and mid-cap stocks from international developed markets through the S&P BMI International Developed Low Volatility Index. It invests at least 90% of total assets in securities comprising that Index.

VEFA The fund seeks to track, before fees and expenses, the price and yield performance of the MSCI EAFE Analyst Sentiment Select Index. That index provides exposure to developed-market companies outside the United States and Canada showing positive analyst-sentiment signals.

Why people hold it

• IDLV The low-vol screen is a rule, not a mood. The fund keeps at least 90% of assets in the S&P BMI International Developed Low Volatility Index it advertises.invesco.com
• Holdings line up with the stated mandate: about 200 developed-market large and mid caps, no drift into off-label names.
• Live since 2012, so this is a long-running version of the low-volatility idea abroad, not a freshly launched factor experiment. Distributions come quarterly.

• VEFA The screen is the story. Instead of the usual factor menu, the index selects developed ex-US, ex-Canada companies showing positive analyst-sentiment signals, a rules-based read on where the Street is turning.vaneck.com
• 0.30% a year, below the typical fee in its international-factor peer group.
• Roughly 110 stocks, not a thousand. That is a focused expression of the signal rather than a broad EAFE index with a tilt bolted on.

Worth knowing

• IDLV At 0.25% it runs above the cohort median of 0.18%, and well above plain cap-weighted developed peers like VEA and SPDW at 0.03%. The volatility screen is what the extra buys.
• Thinly traded for its category, so limit orders and mid-session trading matter more here than with the giants of developed-markets indexing.
• A volatility screen reshuffles the map: country and sector weights can sit far from a standard developed-markets index, and the fund can lag when riskier stocks lead.

• VEFA Launched in 2026, so there is no long record of how closely it hugs its index or how the sentiment screen behaves across a full cycle.
• A small, lightly traded newcomer next to entrenched EAFE factor names like EFAV and IDMO, which can mean wider bid-ask spreads.
• Cheaper shelf-mates exist in the cohort: QLVD at 0.15% and EFAV at 0.20% undercut it, though neither uses an analyst-sentiment screen.

Full IDLV profile⁠

Full VEFA profile⁠