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QEFA vs EFA

State Street SPDR MSCI EAFE StrategicFactors ETF vs iShares MSCI EAFE ETF

QEFA

State Street SPDR MSCI EAFE StrategicFactors ETF

State Street Investment Management

Annual cost

0.30%

Fund size

$1.1B

EFA

iShares MSCI EAFE ETF

iShares

Annual cost

0.32%

Fund size

$75.6B

Key differences

  • EFA is significantly larger than QEFA — larger funds tend to be more liquid and less likely to close.
  • QEFA covers global markets; EFA covers global ex us.
  • 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

QEFAEFA
Annual cost (TER)0.30%0.32%
Fund size (AUM)$1.1B$75.6B
Since20142001
Dividend yield2.94%3.17%
Asset classequityequity
Regionglobalglobal ex us
Strategyindex trackingindex tracking
CAGR 1Y+19.2%+22.4%
CAGR 3Y+14.7%+16.0%
CAGR 5Y+8.4%+8.9%
Sharpe 3Y0.820.82
Volatility 1Y12.83%15.12%
Max drawdown-31.71%-34.19%

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

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