Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IEFA vs MDY: how they differ
IEFA and MDY hold 0% of their weight in the same names, and IEFA returned more over the year.
iShares Core MSCI EAFE ETF and SPDR S&P MidCap 400 ETF Trust.
What they hold in common
By the books each fund has filed, IEFA and MDY hold 0% of their money in the same securities at the same weight.
| Only in IEFA | Only in MDY |
|---|---|
| ASML Holding N.V. 2.23% | TWILIO INC 0.86% |
| HSBC HOLDINGS PLC 1.25% | CARPENTER TECHNOLOGY CORP 0.85% |
| ASTRAZENECA PLC 1.17% | MKS INC 0.83% |
| Novartis AG 1.11% | CURTISS-WRIGHT CORP 0.77% |
| Nestle S.A. 1.03% | ENTEGRIS INC 0.76% |
| SHELL PLC 1.03% | NVENT ELECTRIC PLC 0.76% |
| Siemens Aktiengesellschaft 0.90% | ATI INC 0.74% |
| COMMONWEALTH BANK OF AUSTRALIA 0.84% | ILLUMINA INC 0.73% |
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.
| IEFA iShares Core MSCI EAFE ETF | MDY SPDR S&P MidCap 400 ETF Trust | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | Core MSCI EAFE | S&P MidCap 400, book from IJH |
| Total return, 1 year | +18.0% | +13.0% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.5 pts | −4.5 pts |
| Expense ratio | 0.07% | 0.23% |
| Already in the S&P 500 | 0.1% | 0.0% |
| Holdings | 2632 | 400 |
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%.
MDY in plain words
MDY is an index equity fund tracking the S&P MidCap 400. Over the year to Sep 11, 2026 it returned +13.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.23% 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 400 positions, with the top ten at 7.7%. It sat 5.3% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, IEFA or MDY?
- In the year to Sep 12, 2026, with distributions reinvested, IEFA returned +18.0% and MDY returned +13.0%, so IEFA returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IEFA or MDY?
- IEFA charges 0.07% a year and MDY charges 0.23%, so IEFA is cheaper. Fees come from each fund's prospectus.
- How much do IEFA and MDY overlap with the S&P 500?
- By their latest filed holdings, 0% of IEFA and 0% of MDY by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
Other comparisons
Where to next
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, IEFA against MDY, data as of Sep 12, 2026. https://etfiq.com/compare/any/IEFA-MDY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources