Which is cheaper, IAUG or IEFA?

IAUG charges 0.85% a year and IEFA charges 0.07%, so IEFA is cheaper. Fees come from each fund's prospectus.

Are IAUG and IEFA the same kind of fund?

No. IAUG is a buffer ETF and IEFA is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

IAUG vs IEFA: how they differ

IAUG and IEFA are measured over different days, and IEFA charges 0.07% against 0.85%.

Innovator Intl Developed Power Buffer ETF - Aug and iShares Core MSCI EAFE ETF.

IAUG and IEFA on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	IAUG Innovator Intl Developed Power Buffer ETF - Aug	IEFA iShares Core MSCI EAFE ETF
Where it sits	Buffer ETF	Core index fund
Issuer	Innovator	iShares
What it is	Defined outcome, 15% on EFA	Core MSCI EAFE
Total return, 1 year	not published	+18.0%
S&P 500 over the same days	not published	+17.5%
Gap to the S&P 500	not available	+0.5 pts
Expense ratio	0.85%	0.07%
Holdings	not filed	2632

IAUG in plain words

From its price on Sep 12, 2026, the fund can gain about 15.1% more before it reaches its cap. The fund's price can fall 1.0% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, EFA can fall 1.0% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's EFA level. 323 days remained on Sep 12, 2026. On Jul 31, 2027 the period ends and a new cap is set.

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 is cheaper, IAUG or IEFA?: IAUG charges 0.85% a year and IEFA charges 0.07%, so IEFA is cheaper. Fees come from each fund's prospectus.
Are IAUG and IEFA the same kind of fund?: No. IAUG is a buffer ETF and IEFA is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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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.

IAUG against IEFA, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IAUG against IEFA, data as of Sep 12, 2026. https://etfiq.com/compare/any/IAUG-IEFA Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources