ETF Versus

IEFA vs VXUS

iShares Core MSCI EAFE ETF vs Vanguard Total International Stock Index Fund ETF Shares

Last updated: 2026-04-02

IEFA iShares

iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund issued by iShares that provides exposure to equities in developed international markets outside the U.S.. It charges a low expense ratio of 0.07%. The fund offers an attractive dividend yield of 3.46%. Launched in 2012, the fund has a 14-year track record.

AUM: $164.3B ER: 0.07% Yield: 3.46% Since: Oct 18, 2012
VXUS Vanguard

Vanguard Total International Stock Index Fund ETF Shares (VXUS) is an exchange-traded fund issued by Vanguard that provides exposure to international stocks across both developed and emerging markets. It charges a very low expense ratio of 0.05%. The fund offers an attractive dividend yield of 2.93%. Launched in 2011, the fund has a 15-year track record.

AUM: $129.4B ER: 0.05% Yield: 2.93% Since: Jan 26, 2011

Quick Verdict

VXUS has a slightly lower expense ratio (0.05% vs 0.07%), saving about $40 per $10,000 over 10 years. VXUS has edged ahead over the past year (25.3% vs 21.2%). Income investors may prefer IEFA for its higher yield (3.5% vs 2.9%).

Key Metrics

Metric IEFA VXUS
Expense Ratio 0.07% 0.05%
Dividend Yield 3.5% 2.9%
Fund Family iShares Vanguard
Category International Developed International Equity

Performance Chart

Indexed to 100 at start (5-year comparison)

70 83 96 109 122 135 2021-04 2022-06 2023-09 2024-12 2026-04
IEFA +24.0%
VXUS +21.4%

Performance Comparison

Period IEFA VXUS Difference
1 Month -4.68% -5.33% +0.65%
3 Months +1.73% +1.92% -0.19%
6 Months +3.46% +4.49% -1.03%
YTD +1.73% +1.92% -0.19%
1 Year +21.19% +25.26% -4.07%
3 Years +36.36% +40.28% -3.92%
5 Years +23.97% +21.42% +2.55%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IEFA Fees VXUS Fees You Save
$10.000 10 years $140 $100 $40
$10.000 20 years $600 $430 $171
$10.000 30 years $1.938 $1.388 $550
$50.000 10 years $698 $499 $199
$50.000 30 years $9.692 $6.941 $2.751
$100.000 30 years $19.383 $13.882 $5.501

Risk Metrics

Based on 5 years of daily returns

Metric IEFA VXUS
Annualized Volatility 16.6% 15.9%
Max Drawdown -33.1% -32.7%
Sharpe Ratio 0.07 0.04

Dividend Comparison

Metric IEFA VXUS
Annual Dividend (per share) $3.18 $2.29
Dividend Yield 3.46% 2.93%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

3 of top 9 holdings overlap (33% overlap in top holdings)

IEFA Top Holdings

NameWeight
ASML Holding N.V.!ams/ASML2.18%
AstraZeneca PLC!lon/AZN1.25%
Novartis AG!swx/NOVN1.21%
Roche Holding AG!swx/ROP1.17%
HSBC Holdings plc!lon/HSBA1.16%
Shell plc!lon/SHEL1.12%
Nestlé S.A.!swx/NESN1.05%
Toyota Motor Corporation!tyo/72030.85%
Commonwealth Bank of Australia!asx/CBA0.85%
Mitsubishi UFJ Financial Group, Inc.!tyo/83060.81%

VXUS Top Holdings

NameWeight
Taiwan Semiconductor Manufacturing Company Limited!tpe/23303.43%
Samsung Electronics Co., Ltd.!krx/0059301.59%
ASML Holding N.V.!ams/ASML1.29%
Tencent Holdings Limited!hkg/07000.92%
SK hynix Inc.!krx/0006600.91%
Roche Holding AGROC1.L0.76%
Alibaba Group Holding Limited!hkg/99880.73%
Novartis AG!swx/NOVN0.73%
HSBC Holdings plc!lon/HSBA0.73%

Which One Should You Choose?

Choose VXUS if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose VXUS if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose IEFA if...

you prioritize dividend income and want higher regular distributions from your portfolio.

Related Comparisons