IEFA
iShares Core MSCI EAFE ETF
iShares Core MSCI EAFE ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the MSCI EAFE Investable Market Index.
Fund Basics
| Fund sponsor | BlackRock Fund Advisors |
| Category | International Equities |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 18, 2012 |
| Assets (mns) | $92,730 |
| Expense ratio | 7 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Semi-Annually |
| Taxation | 1099 |
| Stock selection | Market Cap |
| Weighting | Market Cap |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| NESTLE SA-REG | 1.9 % |
| ASML HOLDING NV | 1.5 % |
| LVMH MOET HENNESSY LOUIS VUI | 1.4 % |
| NOVO NORDISK A/S-B | 1.4 % |
| ASTRAZENECA PLC | 1.2 % |
| ROCHE HOLDING LTD | 1.2 % |
| SHELL PLC | 1.1 % |
| NOVARTIS AG | 1.0 % |
| BHP BILLITON LTD | 0.9 % |
| TOYOTA MOTOR CORP | 0.8 % |
Constituent Breakdown
| Number of holdings | 3021 |
| Herfindahl-Hirschman Index | 33 |
| Wgt avg mkt cap (mns) | $19,007 |
| Large cap (>$10bn) | 23.1% |
| Mid cap ($2-10bn) | 16.8% |
| Small cap (<$2bn) | 5.6% |
| Developed mkts. | 99.8% |
| Emerging mkts. | 0.2% |
Country Exposure
 |
JAPAN | 23.5 % |
 |
BRITAIN | 13.6 % |
 |
FRANCE | 10.0 % |
 |
SWITZERLAND | 9.6 % |
 |
AUSTRALIA | 7.7 % |
 |
GERMANY | 7.7 % |
 |
NETHERLANDS | 4.7 % |
 |
SWEDEN | 3.2 % |
 |
DENMARK | 2.8 % |
 |
HONG KONG | 2.6 % |
Historical Performance
Standardized Annual Returns (as of 02/28/2023)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. |
|---|---|---|---|---|---|---|
| 5.5% | -3.6% | -0.9% | 6.4% | 2.6% | 5.1% | 5.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.88 | 80% |
| MSCI EAFE | 1.00 | 98% |
| MSCI Emg Mkts | 0.76 | 66% |
Liquidity Measures
| Avg. volume (000) | 11,232 |
| Turnover | 0.8% |
| Avg. Bid/Ask (% of price) | 0.02% |
| ADV of underlying (mns) | $37,386 |
Technical Indicators
| Recent close | $64.63 |
| 30d moving avg. | $65.41 |
| Annualized volatility | 20.7% |
| Relative strength (RSI) | 46 |
| Short interest (ETF) | 0.0% |
| Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. IEFA |
Expenses vs. IEFA |
ALTAR Score™ vs. IEFA |
|---|---|---|---|---|
| PBDM | Invesco PureBeta FTSE Developed ex-North America ETF | 88.0% | 0 bp | +0.3% |
| IDEV | iShares Core MSCI International Developed Markets ETF | 86.0% | -3 bp | +0.1% |
| EFA | iShares MSCI EAFE ETF | 84.5% | +25 bp | 0.0% |
| GSID | Goldman Sachs MarketBeta International Equity ETF | 84.0% | +13 bp | +0.2% |
| DBEF | Xtrackers MSCI EAFE Hedged Equity ETF | 83.9% | +28 bp | +0.1% |
| HFXI | IQ 50 Percent Hedged FTSE International ETF | 81.7% | +13 bp | +0.4% |
| VEA | Vanguard FTSE Developed Markets ETF | 80.2% | -2 bp | +0.3% |
| SCHF | Schwab International Equity ETF | 78.2% | -1 bp | +0.5% |
| EFAX | SPDR MSCI EAFE Fossil Fuel Free ETF | 77.5% | +13 bp | -0.3% |
| SPDW | SPDR Portfolio Developed World ex-US ETF | 76.2% | -3 bp | -0.1% |
Risk and Returns: IEFA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023E | 2024E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
| 2022 | 2023E | Fwd Est | 2024E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/23/2023
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
IEFA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Fund Rating
Our measure of an ETF's overall investment merit
ALTAR Score™
IEFA
7.4%
Cat. Avg
8.0%
Fund Category: International Equities
| Avg. Return on Equity | --% |
| Divided by: Fwd. P/BV | --x |
| Less: Expenses | -- bp |
| Equals: ALTAR Score™ | 7.4% |
Recommendation
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
Category Overview
There are 272 funds in the International Equities category, with an average ALTAR Score™
of 8.0% and a standard deviation of
2.8%. IEFA's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places IEFA in the 41st percentile among funds in the category.
Consensus Recommendation
Sell-side recommendations on the ETF's individual constituents
Composite
IEFA
Peer Average
Recent Trends
SELL
U/W
HOLD
O/W
BUY
Recent Trends
Breakdown
Market Activity
| Latest price | |
| Change | |
| Volume | |
| Bid/Ask Spread | |
| Update |
Today's Trading
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Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| IEFA | 7.0 | 1.6 | 8.6 |
| Peer Avg. | -- | -- | -- |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .