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EFO vs EFA

ProShares Ultra MSCI EAFE vs iShares MSCI EAFE ETF

EFO

ProShares Ultra MSCI EAFE

ProShares

Annual cost

0.95%

Fund size

$30M

EFA

iShares MSCI EAFE ETF

iShares

Annual cost

0.32%

Fund size

$75.6B

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.
  • EFO covers europe markets; EFA covers global ex us.
  • EFO follows a leveraged strategy; EFA uses index tracking.
  • 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

EFOEFA
Annual cost (TER)0.95%0.32%
Fund size (AUM)$30M$75.6B
Since20092001
Dividend yield1.58%3.17%
Asset classequityequity
Regioneuropeglobal ex us
Strategyleveragedindex tracking
CAGR 1Y+39.8%+23.3%
CAGR 3Y+22.7%+16.1%
CAGR 5Y+9.0%+9.2%
Sharpe 3Y0.710.83
Volatility 1Y30.85%15.16%
Max drawdown-63.52%-34.19%

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

Similar to EFO and EFA