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EFA vs EFO

iShares MSCI EAFE ETF vs ProShares Ultra MSCI EAFE

EFA

iShares MSCI EAFE ETF

iShares

Annual cost

0.32%

Fund size

$75.6B

EFO

ProShares Ultra MSCI EAFE

ProShares

Annual cost

0.95%

Fund size

$30M

Key differences

  • EFA costs 0.63% less per year.
  • EFA is significantly larger than EFO — larger funds tend to be more liquid and less likely to close.
  • EFA covers global ex us markets; EFO covers europe.
  • EFA follows a index tracking strategy; EFO uses leveraged.
  • Over the last 3 years, EFO has delivered higher annualized returns.
  • EFA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EFAEFO
Annual cost (TER)0.32%0.95%
Fund size (AUM)$75.6B$30M
Since20012009
Dividend yield3.17%1.58%
Asset classequityequity
Regionglobal ex useurope
Strategyindex trackingleveraged
CAGR 1Y+23.3%+39.8%
CAGR 3Y+16.1%+22.7%
CAGR 5Y+9.2%+9.0%
Sharpe 3Y0.830.71
Volatility 1Y15.16%30.85%
Max drawdown-34.19%-63.52%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to EFA and EFO