

The iShares Core MSCI EAFE ETF manages $196 billion in assets, making it significantly larger than the Schwab fund. The Schwab International Equity ETF has outperformed on a 1-year total return basis as of Aug. 27, 2026.

The iShares Core MSCI EAFE ETF manages significantly more assets under management (AUM) and offers a higher dividend yield than the State Street SPDR Portfolio Developed World ex-US ETF. The State Street SPDR Portfolio Developed World ex-US ETF features a lower expense ratio and has delivered higher total returns over the trailing 12 months.

NEOS MSCI EAFE High Income ETF (NIHI) offers high monthly income (9.60% distribution rate) and international diversification for income-focused investors. NIHI employs a covered call strategy on IEFA, providing tax-advantaged distributions but capping upside during rallies and gradual market growth. Correlation analysis shows NIHI's underlying, IEFA, closely tracks U.S. indices, limiting diversification during major macro events but offering sector and geographic diversification.

EFA has dominated international investing for over two decades and commands $75 billion in assets, yet iShares quietly placed a nearly identical fund on its own shelf that most long-term investors have no idea exists.

The ETF market saw a push in capital away from the concentrated U.S. tech sector to defensive broad market exposure, short duration bonds, and commodities. The shift in flows is amplified by the semiconductor market pullback, interest rate uncertainty, and ongoing geopolitical tensions in the Middle East.

BlackRock's iShares helped push assets past $15T as ETFs surged. Here's what fueled the growth and which iShares ETFs remain investor favorites, per ETF Central data.

SPGM's total-world approach delivered 23.1% one-year gains versus IEFA's 19.9%, though the iShares fund offers higher dividend income and lower costs.

iShares Core MSCI EAFE ETF focuses on developed international markets while Vanguard FTSE Emerging Markets ETF targets developing economies Vanguard FTSE Emerging Markets ETF maintains a lower expense ratio of 0.06% compared to 0.07% for the iShares fund iShares Core MSCI EAFE ETF provides a higher trailing-12-month dividend yield of 3.4% and superior 5-year growth