EFA — iShares MSCI EAFE ETF

EFA Price Performance — Growth of $10,000

Value of a $10,000 investment in EFA over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

EFA Drawdown

The "underwater" chart: EFA's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares MSCI EAFE ETF, identified by the ticker EFA, operates within the International Developed category managed by issuer iShares. With assets under management totaling $77.2 billion, the fund represents a significant position in the market relative to the 22 other ETFs tracked in its specific category. It currently holds an overall rank of #102 out of 458 tracked ETFs across all categories, earning an ETFValuer grade of B with a score of 70.2 out of 100. The fund charges an expense ratio of 0.32% and offers a dividend yield of 1.69% to investors. A trading price of $103.89 combined with its substantial asset base suggests broad investor adoption and liquidity. These metrics collectively define the fund's standing as a large-cap vehicle with moderate costs and a solid, though not top-tier, overall rating.

Recent price action shows a slight decline over the shortest horizons, with the fund down 0.02% over one day and 0.16% over one week. Momentum shifted positively over the medium term, as the ETF gained 1.32% in one month and accelerated to a 4.10% increase over three months. This upward trajectory continued through the half-year mark with a 5.04% return, while year-to-date performance has reached 8.75%. The longer-term record demonstrates significant growth, with a one-year return of 18.40% and a three-year total return of 58.18%. The data indicates a pattern where short-term fluctuations gave way to sustained gains over the past year and three-year period. Closest category peers by rank include EFV with a 1-year return of 28.14% and SCHF with a 1-year return of 24.15%.

The fund carries a Moderate volatility label and exhibits a beta of 0.87, indicating that its price movements have historically been less sensitive to broad market swings than the average asset. A Sharpe ratio of 0.86 suggests the fund has generated a reasonable amount of excess return relative to the risk taken during the measured period. Despite the moderate volatility classification, the maximum drawdown reached -14.05%, reflecting the potential for significant temporary losses during market downturns. This combination of a beta below 1.0 and a moderate drawdown implies the fund tends to decline less than the broader market but still experiences notable corrections. The risk profile presents a balance where the fund offers some downside protection through lower beta while maintaining exposure to the volatility inherent in international developed markets.

AI-generated summary based on the data on this page.

EFA Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 13.3% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how EFA's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With EFA

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with EFA's top 10 — IEFA overlaps most, holding 9 of the same companies as EFA's top 10 (12.4% of EFA's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

Trade-Weighted US Dollar Index: 120.71 (as of 2026-07-24) — Measures the US dollar’s strength against major trading-partner currencies — dollar moves directly affect the US-dollar value of this fund’s international holdings.

EFA Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is — and average daily volume is 13.5M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $77.2B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: EFA is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

EFA Performance History

How EFA Compares to Other International Developed ETFs