EFA vs IEFA: Holdings Overlap
iShares · 705 holdings · $79.3B · as of 2026-04-30
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
How similar are EFA and IEFA?
iShares MSCI EAFE ETF (EFA, by iShares) holds 705 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 705 holdings in common, and by portfolio weight the two funds are 85.0% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 85.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 705EFA holds 705 · IEFA holds 2632
- Weight in Shared Holdings
- EFA 99%·IEFA 85%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in EFA
Every position in EFA is also held by IEFA, so it brings nothing the other fund doesn’t already own.
Sector Breakdown
| Sector | EFA | IEFA |
|---|---|---|
| Financials | 23.8% | 20.5% |
| Industrials | 18.5% | 16.0% |
| Health Care | 9.7% | 8.3% |
| Information Technology | 9.1% | 7.9% |
| Consumer Staples | 6.8% | 5.9% |
| Other Sectors | 25.8% | 23.8% |
| Unclassified | 5.5% | 17.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (6% of EFA, 17% of IEFA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| EFA | +4.2% | +14.8% | +25.0% | +17.9% | +9.6% | +9.7% | 3.10% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in EFA vs IEFA →
Shared Holdings(705)
The top 10 shared positions account for 13% of the overlap, led by ASML, HSBA and AZN.
 ASMLASML Holding NV | 2.58% | 2.21% | 2.21% |
|---|---|---|---|
 HSBAHSBC Holdings PLC | 1.45% | 1.24% | 1.24% |
 AZNAstraZeneca PLC ORD USD0.25 | 1.35% | 1.16% | 1.16% |
 ROPRoche Holding AG | 1.32% | 1.13% | 1.13% |
 NOVNNovartis AG (Registered) | 1.29% | 1.11% | 1.11% |
 NESNNestle SA (Registered) | 1.20% | 1.03% | 1.03% |
 SHELShell PLC | 1.19% | 1.02% | 1.02% |
 SIESiemens AG (Registered) | 1.04% | 0.89% | 0.89% |
 CBACommonwealth Bank of Australia | 0.97% | 0.83% | 0.83% |
 8306Mitsubishi UFJ Financial Group Inc. NPV | 0.93% | 0.80% | 0.80% |
 BHPBHP Group Ltd. | 0.93% | 0.79% | 0.79% |
 TTETotalEnergies SE EUR2.5 | 0.85% | 0.73% | 0.73% |
 7203Toyota Motor Corp. NPV | 0.84% | 0.71% | 0.71% |
 SANBanco Santander SA | 0.82% | 0.70% | 0.70% |
 SAPSAP SE | 0.81% | 0.69% | 0.69% |
 SUSchneider Electric SE | 0.80% | 0.69% | 0.69% |
 ALVAllianz SE (Registered) | 0.80% | 0.68% | 0.68% |
 ENRSiemens Energy AG | 0.76% | 0.65% | 0.65% |
 ABBNABB Ltd. (Registered) | 0.73% | 0.62% | 0.62% |
 IBEIberdrola SA | 0.69% | 0.59% | 0.59% |
 6501Hitachi Ltd. NPV | 0.67% | 0.57% | 0.57% |
 6857Advantest Corp. NPV | 0.66% | 0.56% | 0.56% |
 UBSGUBS Group AG (Registered) | 0.65% | 0.55% | 0.55% |
 NOVOBNovo Nordisk A/S, Class B | 0.63% | 0.54% | 0.54% |
 RR-Rolls-Royce Holdings PLC | 0.62% | 0.53% | 0.53% |
Showing the top 250 of 705 shared holdings by overlap weight.
Frequently Asked Questions
How much do EFA and IEFA overlap?
EFA and IEFA overlap by 85.0% of portfolio weight. They share 705 holdings (EFA holds 705 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both EFA and IEFA?
The two portfolios are 85.0% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of EFA and IEFA?
The largest positions held by both funds are ASML, HSBA, AZN, ROP and NOVN. Together the top 10 shared positions account for 13% of the total overlap.
What does EFA own that IEFA doesn't?
Nothing. Every position in EFA is also held by IEFA. In the other direction, 1927 positions (14.3% of IEFA) are unique to IEFA.