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EFA vs EFZ

iShares MSCI EAFE ETF vs ProShares Short MSCI EAFE

EFA

iShares MSCI EAFE ETF

iShares

Annual cost

0.32%

Fund size

$75.6B

EFZ

ProShares Short MSCI EAFE

ProShares

Annual cost

0.95%

Fund size

$16M

Key differences

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

Side-by-side comparison

EFAEFZ
Annual cost (TER)0.32%0.95%
Fund size (AUM)$75.6B$16M
Since20012007
Dividend yield3.17%3.97%
Asset classequityequity
Regionglobal ex usglobal ex us
Strategyindex trackinginverse
CAGR 1Y+23.3%-15.6%
CAGR 3Y+16.1%-9.5%
CAGR 5Y+9.2%-6.2%
Sharpe 3Y0.83-0.79
Volatility 1Y15.16%16.44%
Max drawdown-34.19%-61.90%

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

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