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IEFA vs EFZ

iShares Core MSCI EAFE ETF vs ProShares Short MSCI EAFE

IEFA

iShares Core MSCI EAFE ETF

iShares

Annual cost

0.07%

Fund size

$180.7B

EFZ

ProShares Short MSCI EAFE

ProShares

Annual cost

0.95%

Fund size

$16M

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.
  • IEFA follows a index tracking strategy; EFZ uses inverse.
  • 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

IEFAEFZ
Annual cost (TER)0.07%0.95%
Fund size (AUM)$180.7B$16M
Since20122007
Dividend yield3.32%3.97%
Asset classequityequity
Regionglobal ex usglobal ex us
Strategyindex trackinginverse
CAGR 1Y+24.1%-15.6%
CAGR 3Y+16.4%-9.5%
CAGR 5Y+9.0%-6.2%
Sharpe 3Y0.85-0.79
Volatility 1Y15.07%16.44%
Max drawdown-34.79%-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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