Which returned more over the last year, EFA or GARP?

In the year to Oct 28, 2026, with distributions reinvested, EFA returned +12.1% and GARP +18.0%.

Which is cheaper, EFA or GARP?

GARP is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do EFA and GARP overlap with the S&P 500?

By their latest filed holdings, 0% of EFA and 94% of GARP by weight is stocks the S&P 500 already holds.

Data as of Oct 28, 2026.

Across categories

EFA vs GARP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, EFA returned +12.1% to GARP's +18.0%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $76.8bn for iShares MSCI EAFE ETF and $3.6bn for iShares MSCI USA Quality GARP ETF.

EFA on its own →GARP on its own →

At a glance

+12.1%

EFA total return, 1 year

+18.0%

GARP total return, 1 year

0.32%

EFA expense ratio

0.15%

GARP expense ratio

Pair scorecard

GARP costs 0.17 points a year less; their one-year returns differ by 5.9 points; EFA is far larger, $76.8bn against $3.6bn.

EFA vs GARP: Differences, Returns & Fees
Measure	EFA	GARP
Return
Measure	EFA	GARP
Total return, 1 year	+12.1%	+18.0%
Drawdown
Measure	EFA	GARP
Below its high	4.7%, high on Aug 25, 2026	7.0%, high on Oct 6, 2026
Benchmark
Measure	EFA	GARP
What it tracks	MSCI EAFE Index	MSCI USA Quality GARP Select Index
Cost and size
Measure	EFA	GARP
Expense ratio	0.32%	0.15%
Net assets, as of Oct 27, 2026	$76.8bn	$3.6bn
Holdings
Measure	EFA	GARP
Holdings in common	0%
Top ten holdings, share of the fund	14.3%	43.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, EFA and GARP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first EFA GARP

HEIDELBERG MATERIALS AG 0.10% 0.07%

RECKITT BENCKISER GROUP PLC 0.21% 0.04%

NEMETSCHEK 0.02% 0.21%

Only in one fund ↓

Only in EFA

ASML HOLDING 2.98%

ROCHE PS PAR AG 1.58%

SHELL 1.42%

HSBC HOLDINGS PLC 1.38%

NOVARTIS AG 1.33%

ASTRAZENECA PLC 1.21%

NESTLE SA 1.21%

SAP 1.13%

Only in GARP

MICROSOFT 5.67%

APPLE 5.66%

NVIDIA 5.18%

VISA CLASS A 5.13%

META PLATFORMS CLASS A 4.72%

MICRON TECHNOLOGY 4.61%

LAM RESEARCH 3.31%

CATERPILLAR INC 3.29%

Check overlap with more funds →

Side by side

EFA iShares MSCI EAFE ETF GARP iShares MSCI USA Quality GARP ETF

Where it sits Stock ETF Stock ETF

Issuer iShares iShares

What it is Tracks an index of Developed markets ex US Tracks the MSCI USA Quality GARP

Total return, 1 year +12.1% +18.0%

Its benchmark over the same days +14.3% (ACWX) +13.3% (PBUS)

Gap to its benchmark −2.2 pts vs ACWX +4.7 pts vs PBUS

Expense ratio 0.32% 0.15%

Already in the S&P 500 0.0% 94.4%

Holdings 665 131

Net assets, as of Oct 27, 2026 $76.8bn $3.6bn

EFA and GARP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

EFA

EFA tracks an index of Developed markets ex US. Over the year to Oct 28, 2026 it returned +12.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 665 positions, with the top ten at 14.3%. It sat 4.7% below its high of Aug 25, 2026 on Oct 28, 2026.

GARP

GARP tracks the MSCI USA Quality GARP. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested, against +13.3% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 131 positions, with the top ten at 43.5%. It sat 7.0% below its high of Oct 6, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, EFA or GARP?: In the year to Oct 28, 2026, with distributions reinvested, EFA returned +12.1% and GARP +18.0%.
Which is cheaper, EFA or GARP?: GARP is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EFA and GARP overlap with the S&P 500?: By their latest filed holdings, 0% of EFA and 94% of GARP by weight is stocks the S&P 500 already holds.

Other comparisons

EFA vs FBCG EFA vs VONG EFA vs SPYG EFA vs SCHG GARP vs VXUS GARP vs IEFA GARP vs VEA GARP vs SCHF

Where to next

EFA on its own →GARP on its own →Hold both: look the portfolio through →Rankings →EFA dividend history →EFA holdings →GARP dividend history →GARP holdings →Standards and sources →

Sources and dates

EFA and GARP filings on SEC EDGAR ↗

EFA prospectus with the expense ratio (SEC) ↗

iShares page for EFA ↗

GARP prospectus with the expense ratio (SEC) ↗

iShares page for GARP ↗

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.

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ETFIQ, EFA against GARP, data as of Oct 28, 2026. https://etfiq.com/compare/any/efa-vs-garp

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