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Data as of Nov 4, 2026.

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APIE vs IEFA: Differences, Returns & Fees

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Over the year to Nov 4, 2026, APIE returned +11.9% to IEFA's +17.0%; 41% of their weight is in the same names.

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Net assets: $1.2bn on Aug 31, 2026 for ActivePassive International Equity ETF, and $189.0bn on Nov 3, 2026 for iShares Core MSCI EAFE ETF.

APIE on its own →IEFA on its own →
At a glance
+11.9%
APIE total return, 1 year
+17.0%
IEFA total return, 1 year
0.45%
APIE expense ratio
0.07%
IEFA expense ratio

Pair scorecard

IEFA costs 0.38 points a year less; their one-year returns differ by 5.1 points.

APIE vs IEFA: Differences, Returns & Fees
MeasureAPIEIEFA
Return
Total return, 1 year+11.9%+17.0%
Drawdown
Below its high4.1%, high on Aug 10, 2026
Benchmark
What it tracksNo index, actively managedMSCI EAFE IMI Index
Cost and size
Expense ratio0.45%0.07%
Net assets, APIE as of Aug 31, 2026 and IEFA as of Nov 3, 2026$1.2bn$189.0bn
Holdings
Holdings in common41%
Top ten holdings, share of the fund23.4%12.2%

Method

What they share

41%

By the books each fund has filed, APIE and IEFA hold 41% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

0 half 100%

half

41% in common

Positions both hold · largest shared weight first APIE IEFA
ASML Holding NV 1.75% 2.42%
AstraZeneca PLC 1.01% 1.12%
HSBC Holdings PLC 1.01% 1.16%
SAP SE 1.27% 0.94%
Novartis AG 0.81% 1.18%
Shell PLC 0.78% 1.21%
Allianz SE 0.75% 0.75%
Mitsubishi UFJ Financial Group 0.69% 0.92%
BHP Group Ltd 0.68% 0.81%
Nestle SA 0.66% 1.06%
Toyota Motor Corp 0.63% 0.73%
Banco Santander SA 0.61% 0.65%
Only in one fund ↓
Only in APIE
TSMC 11.50%
Tencent Holdings Ltd 2.46%
Alibaba Group Holding Ltd 1.51%
Siemens AG 0.95%
Novo Nordisk A/S 0.83%
LVMH Moet Hennessy Louis Vuitt 0.72%
Deutsche Telekom AG 0.69%
China Construction Bank Corp 0.65%
Only in IEFA
ROCHE PS PAR AG 1.34%
SIEMENS N AG 0.88%
TOTALENERGIES 0.72%
SUMITOMO MITSUI FINANCIAL GROUP 0.58%
LAIR LIQUIDE SOCIETE ANONYME POUR 0.52%
NOVO NORDISK CLASS B 0.52%
LOREAL SA 0.46%
LVMH 0.45%
Check overlap with more funds →

Side by side

APIE ActivePassive International Equity ETF IEFA iShares Core MSCI EAFE ETF
Where it sits Stock ETF Stock ETF
Issuer Envestnet iShares
What it is Actively managed Tracks the MSCI EAFE
Total return, 1 year +11.9% +17.0%
Its benchmark over the same days not measured +16.9% (ACWX)
Gap to its benchmark not measured +0.1 pts vs ACWX
Expense ratio 0.45% 0.07%
Already in the S&P 500 0.7% 0.0%
Holdings 547 2628
Net assets, APIE as of Aug 31, 2026 and IEFA as of Nov 3, 2026 $1.2bn $189.0bn

APIE and IEFA on the fields both publish, as of Nov 4, 2026. Source: ETFIQ.

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About each fund
APIE

APIE is actively managed and tracks no index. Over the year to Nov 4, 2026 it returned +11.9% with distributions reinvested. The prospectus expense ratio is 0.45% a year. By its holdings filed for Aug 31, 2026, 1% of the fund by weight is stocks the S&P 500 also holds, across 547 positions, with the top ten at 23.4%. It sat 4.1% below its high of Aug 10, 2026 on Nov 4, 2026.

IEFA

IEFA tracks the MSCI EAFE. Over the year to Nov 4, 2026 it returned +17.0% with distributions reinvested, against +16.9% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Nov 3, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,628 positions, with the top ten at 12.2%.

Questions people ask

Which returned more over the last year, APIE or IEFA?
In the year to Nov 4, 2026, with distributions reinvested, APIE returned +11.9% and IEFA +17.0%.
Which is cheaper, APIE or IEFA?
IEFA is cheaper, by 0.38 percentage points a year. That is about $38 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do APIE and IEFA overlap with the S&P 500?
By their latest filed holdings, 1% of APIE and 0% of IEFA by weight is stocks the S&P 500 already holds.
Other comparisons
APIE vs VXUSAPIE vs VEAAPIE vs EFAAPIE vs SCHFIEFA vs IQDFDFSI vs IEFAIEFA vs SEIEIEFA vs MFSI
Where to next
APIE on its own →IEFA on its own →Hold both: look the portfolio through →Rankings →APIE dividend history →APIE holdings →IEFA dividend history →IEFA holdings →Standards and sources →
Sources and dates
APIE filings on SEC EDGAR ↗
APIE prospectus with the expense ratio (SEC) ↗
Envestnet website ↗
IEFA filings on SEC EDGAR ↗
IEFA prospectus with the expense ratio (SEC) ↗
iShares page for IEFA ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, APIE against IEFA, data as of Nov 4, 2026. https://etfiq.com/compare/any/apie-vs-iefa

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.