Vanguard FTSE Emerging Markets ETF
Price
$61.01
YTD
+6.85%
Expense
0.08%
Yield
2.85%
IEFA
IEFA NYSE
iShares Core MSCI EAFE ETF · by BlackRock
Price
$100.77
YTD return
+8.50%
1Y return
12.80%
Expense ratio
0.07%
Dividend yield
2.85%
AUM
$110B
The iShares Core MSCI EAFE ETF provides exposure to developed international markets in Europe, Australasia, and the Far East.
What is IEFA?
iShares Core MSCI EAFE ETF (IEFA) provides exposure to developed international markets excluding the U.S. and Canada. EAFE stands for Europe, Australasia, and Far East — the traditional benchmark for developed international equities.
Geographic Allocation
- Japan: 21.5%
- United Kingdom: 13.8%
- France: 10.2%
- Switzerland: 8.5%
- Germany: 7.8%
- Australia: 6.5%
- Netherlands: 4.2%
- Denmark: 3.5%
- Sweden: 3.2%
- Other: 20.8%
Sector Allocation
- Financials: 18.5%
- Industrials: 15.2%
- Healthcare: 13.8%
- Consumer Discretionary: 11.5%
- Technology: 10.2%
- Consumer Staples: 8.5%
- Materials: 6.8%
- Energy: 5.2%
- Utilities: 3.8%
- Communication Services: 3.5%
- Real Estate: 3.0%
IEFA vs EFA vs VXUS
IEFA (0.07%) is cheaper than EFA (0.32%) and tracks a similar index. VXUS includes emerging markets while IEFA is developed-only. Use IEFA if you want separate EM exposure via VWO or IEMG.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Novo Nordisk | NVO | Healthcare | 2.20% | $46.26 -1.97% |
| 2 | ASML Holdings | ASML | Technology | 1.80% | $1,735.01 -0.61% |
| 3 | Nestlé SA | NSRGY | Consumer Staples | 1.50% | $97.18 -2.13% |
| 4 | Shell PLC | SHEL | Energy | 1.30% | $90.70 -0.45% |
| 5 | AstraZeneca | AZN | Healthcare | 1.20% | $164.52 -1.05% |
| 6 | Roche Holdings | RHHBY | Healthcare | 1.10% | $56.37 -0.91% |
| 7 | LVMH | LVMUY | Consumer Discretionary | 1.00% | $104.12 -1.22% |
| 8 | SAP SE | SAP | Technology | 0.90% | $221.17 4.48% |
| 9 | Toyota Motor | TM | Consumer Discretionary | 0.90% | $192.00 0.08% |
| 10 | Siemens AG | SIEGY | Industrials | 0.80% | $166.99 -0.33% |
Frequently asked questions
IEFA vs VXUS?
IEFA covers only developed markets while VXUS includes both developed and emerging markets. IEFA is lower risk, VXUS is more comprehensive.
Should I own IEFA?
If you want developed market international exposure, IEFA is an excellent low-cost option at 0.07% expense ratio.
Compare with similar ETFs
Vanguard Total International Stock ETF
Price
$87.93
YTD
+8.42%
Expense
0.07%
Yield
2.95%
iShares Core MSCI Emerging Markets ETF
Price
$82.42
YTD
+6.80%
Expense
0.09%
Yield
2.55%
Vanguard FTSE Europe ETF
Price
$92.28
YTD
+12.85%
Expense
0.09%
Yield
2.85%
iShares MSCI EAFE ETF
Price
$108.02
YTD
+11.85%
Expense
0.32%
Yield
2.75%
iShares MSCI ACWI ex U.S. ETF
Price
$77.96
YTD
—
Expense
0.32%
Yield
—
Community
IEFA discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
What is the fair value of IEFA in 2026?
IEFA price prediction 2026: what actually drives it?
Does IEFA pay a dividend, and how reliable is the yield?
Is IEFA a good long-term hold, or too concentrated?
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