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EFZ vs IEFA

ProShares Short MSCI EAFE vs iShares Core MSCI EAFE ETF

EFZ

ProShares Short MSCI EAFE

ProShares

Annual cost

0.95%

Fund size

$16M

IEFA

iShares Core MSCI EAFE ETF

iShares

Annual cost

0.07%

Fund size

$180.7B

Key differences

  • IEFA costs 0.88% less per year.
  • IEFA is significantly larger than EFZ — larger funds tend to be more liquid and less likely to close.
  • EFZ follows a inverse strategy; IEFA uses index tracking.
  • Over the last 3 years, IEFA has delivered higher annualized returns.
  • EFZ has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

EFZIEFA
Annual cost (TER)0.95%0.07%
Fund size (AUM)$16M$180.7B
Since20072012
Dividend yield3.97%3.32%
Asset classequityequity
Regionglobal ex usglobal ex us
Strategyinverseindex tracking
CAGR 1Y-15.6%+24.1%
CAGR 3Y-9.5%+16.4%
CAGR 5Y-6.2%+9.0%
Sharpe 3Y-0.790.85
Volatility 1Y16.44%15.07%
Max drawdown-61.90%-34.79%

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

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