Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FENI vs IEFA: how they differ
FENI and IEFA hold 11% of their weight in the same names, and FENI returned more over the year.
Fidelity Enhanced International ETF and iShares Core MSCI EAFE ETF.
What they hold in common
By the books each fund has filed, FENI and IEFA hold 11% of their money in the same securities at the same weight.
| Holding | FENI | IEFA |
|---|---|---|
| HSBC HOLDINGS PLC | 1.33% | 1.25% |
| SHELL PLC | 1.00% | 1.03% |
| ASTRAZENECA PLC | 0.82% | 1.17% |
| TOTALENERGIES SE | 0.65% | 0.73% |
| ROLLS-ROYCE HOLDINGS PLC | 1.09% | 0.54% |
| SAFRAN SA | 0.57% | 0.45% |
| INTESA SANPAOLO SPA | 0.95% | 0.38% |
| BAE SYSTEMS PLC | 0.51% | 0.33% |
| LLOYDS BANKING GROUP PLC | 0.95% | 0.32% |
| NATIONAL GRID PLC | 0.30% | 0.35% |
| NATWEST GROUP PLC | 0.72% | 0.25% |
| SAP SE | 0.24% | 0.69% |
| Only in FENI | Only in IEFA |
|---|---|
| ASML HOLDING NV 4.11% | ASML Holding N.V. 2.23% |
| NESTLE SA 1.77% | Novartis AG 1.11% |
| SIEMENS AG 1.63% | Nestle S.A. 1.03% |
| TOKYO ELECTRON LTD 1.46% | Siemens Aktiengesellschaft 0.90% |
| ABB LTD 1.34% | COMMONWEALTH BANK OF AUSTRALIA 0.84% |
| IBERDROLA SA 1.23% | Mitsubishi UFJ Financial Group, Inc. 0.80% |
| BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22% | BHP GROUP LIMITED 0.80% |
| UBS GROUP AG 1.22% | TOYOTA MOTOR CORPORATION 0.72% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.
| FENI Fidelity Enhanced International ETF | IEFA iShares Core MSCI EAFE ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | iShares |
| What it is | Enhanced International | Core MSCI EAFE |
| Total return, 1 year | +19.4% | +18.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.9 pts | +0.5 pts |
| Expense ratio | 0.28% | 0.07% |
| Already in the S&P 500 | 0.0% | 0.1% |
| Holdings | 392 | 2632 |
FENI in plain words
FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.
IEFA in plain words
IEFA is an index equity fund tracking the Core MSCI EAFE. Over the year to Sep 11, 2026 it returned +18.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.07% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2632 positions, with the top ten at 11.5%.
Questions people ask
- Which returned more over the last year, FENI or IEFA?
- In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and IEFA returned +18.0%, so FENI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FENI or IEFA?
- FENI charges 0.28% a year and IEFA charges 0.07%, so IEFA is cheaper. Fees come from each fund's prospectus.
- How much do FENI and IEFA overlap with the S&P 500?
- By their latest filed holdings, 0% of FENI and 0% of IEFA by weight is stocks the S&P 500 already holds. Between the two funds, 11% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FENI against IEFA, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-IEFA Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources