EFA vs HFXI: Differences, Returns & Fees

EFA and HFXI hold 79% of their weight in the same names, and HFXI returned +21.6% over the year. Net assets: $76.5bn on Oct 9, 2026 for iShares MSCI EAFE ETF, and $2.0bn on Jul 31, 2026 for NYLIM FTSE International Equity Currency Neutral ETF.

HFXI costs 0.12 points a year less; their one-year returns differ by 7.8 points; EFA is far larger, $78.0bn against $2.0bn.

EFAHFXI
Expense ratio0.32%0.20%
Net assets, as of Jul 31, 2026$78.0bn$2.0bn
Total return, 1 year+13.8%+21.6%
What it tracksMSCI EAFE Indexnot read by ETFIQ
Holdings in common79%
Top ten holdings, share of the fund14.2%16.3%
Below its high5.0%, high on Aug 25, 20263.9%, high on Jun 22, 2026

Holdings in common uses holdings dated Jul 31, 2026 and Oct 8, 2026.

+13.8%
EFA total return, 1 year
+21.6%
HFXI total return, 1 year
0.32%
EFA expense ratio
0.20%
HFXI expense ratio

What they hold in common

By the books each fund has filed, EFA and HFXI hold 79% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jul 31, 2026 and Oct 8, 2026.

half

79% in common

Positions both hold, largest shared weight first
Holding EFA HFXI
ASML HOLDING 3.35% 2.43%
HSBC HOLDINGS PLC 1.47% 1.38%
ROCHE PS PAR AG 1.40% 1.22%
NOVARTIS AG 1.22% 1.12%
SHELL 1.36% 0.98%
NESTLE SA 1.11% 0.98%
ASTRAZENECA PLC 1.12% 0.97%
MITSUBISHI UFJ FINANCIAL GROUP 1.12% 0.96%
SIEMENS N AG 1.01% 0.92%
BHP GROUP LTD 1.02% 0.87%
COMMONWEALTH BANK OF AUSTRALIA 0.81% 0.81%
TOYOTA MOTOR 0.82% 0.80%
Only in EFA
RECRUIT HOLDINGS LTD 0.68%
NOVO NORDISK CLASS B 0.57%
SPOTIFY TECHNOLOGY 0.36%
MUENCHENER RUECKVERSICHERUNGS-GESE 0.35%
INVESTOR CLASS B 0.33%
NORDEA BANK 0.27%
ATLAS COPCO CLASS A 0.24%
VOLVO CLASS B 0.23%
Only in HFXI
SAMSUNG ELECTRONICS CO LTD 3.70%
SK HYNIX INC 2.61%
NOVO NORDISK A/S 0.57%
INVESTOR AB 0.38%
VANGUARD TAX-MANAGED FUNDS 0.34%
MUENCHENER RUECKVERSICHERUNGS-GESELLSCHAFT AG 0.30%
SK SQUARE CO LTD 0.29%
VOLVO AB 0.26%

Check overlap with more funds →

On the same fields

EFA
iShares MSCI EAFE ETF
HFXI
NYLIM FTSE International Equity Currency Neutral ETF
Where it sits Stock ETF Stock ETF
What it is Tracks an index of Developed markets ex US Tracks an index
Total return, 1 year +13.8% +21.6%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −3.5 pts +4.3 pts
Expense ratio 0.32% 0.20%
Already in the S&P 500 0.0% 0.0%
Holdings 659 801
Net assets, EFA as of Oct 9, 2026 and HFXI as of Jul 31, 2026 $76.5bn $2.0bn

EFA and HFXI on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

EFA in plain words

EFA tracks an index of Developed markets ex US. Over the year to Oct 9, 2026 it returned +13.8% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.32% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 659 positions, with the top ten at 14.2%. It sat 5.0% below its high of Aug 25, 2026 on Oct 9, 2026.

HFXI in plain words

HFXI tracks an index. Over the year to Oct 9, 2026 it returned +21.6% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.20% a year. By its holdings filed for Jul 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 801 positions, with the top ten at 16.3%. It sat 3.9% below its high of Jun 22, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, EFA or HFXI?
In the year to Oct 9, 2026, with distributions reinvested, EFA returned +13.8% and HFXI +21.6%.
Which is cheaper, EFA or HFXI?
HFXI is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do EFA and HFXI overlap with the S&P 500?
By their latest filed holdings, 0% of EFA and 0% of HFXI by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, EFA against HFXI, data as of Oct 9, 2026. https://etfiq.com/compare/any/efa-vs-hfxi

Open data

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