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IEFA vs EFO

iShares Core MSCI EAFE ETF vs ProShares Ultra MSCI EAFE

IEFA

iShares Core MSCI EAFE ETF

iShares

Annual cost

0.07%

Fund size

$180.7B

EFO

ProShares Ultra MSCI EAFE

ProShares

Annual cost

0.95%

Fund size

$30M

Key differences

  • IEFA costs 0.88% less per year.
  • IEFA is significantly larger than EFO — larger funds tend to be more liquid and less likely to close.
  • IEFA covers global ex us markets; EFO covers europe.
  • IEFA follows a index tracking strategy; EFO uses leveraged.
  • Over the last 3 years, EFO has delivered higher annualized returns.

Side-by-side comparison

IEFAEFO
Annual cost (TER)0.07%0.95%
Fund size (AUM)$180.7B$30M
Since20122009
Dividend yield3.32%1.58%
Asset classequityequity
Regionglobal ex useurope
Strategyindex trackingleveraged
CAGR 1Y+24.1%+39.8%
CAGR 3Y+16.4%+22.7%
CAGR 5Y+9.0%+9.0%
Sharpe 3Y0.850.71
Volatility 1Y15.07%30.85%
Max drawdown-34.79%-63.52%

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

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