Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
EFA vs IWB: how they differ
EFA and IWB hold 1% of their weight in the same names, and EFA returned more over the year.
iShares MSCI EAFE ETF and iShares Russell 1000 ETF.
What they hold in common
By the books each fund has filed, EFA and IWB hold 1% of their money in the same securities at the same weight.
| Holding | EFA | IWB |
|---|---|---|
| SPOTIFY TECHNOLOGY | 0.35% | 0.12% |
| ARISTOCRAT LEISURE | 0.10% | 0.09% |
| MERCK | 0.09% | 0.51% |
| ADMIRAL GROUP PLC | 0.06% | 0.06% |
| PRUDENTIAL PLC | 0.15% | 0.06% |
| ROCHE PS PAR AG | 1.36% | 0.06% |
| EQT | 0.06% | 0.05% |
| HELVETIA BALOISE HOLDING N AG | 0.09% | 0.05% |
| DEUTSCHE TELEKOM N AG | 0.50% | 0.04% |
| VINCI SA | 0.27% | 0.04% |
| BLK CSH FND TREASURY SL AGENCY | 0.03% | 0.08% |
| ESSILORLUXOTTICA SA | 0.22% | 0.03% |
| Only in EFA | Only in IWB |
|---|---|
| ASML HOLDING 3.01% | NVIDIA 7.26% |
| HSBC HOLDINGS PLC 1.61% | APPLE 6.73% |
| SHELL PLC 1.25% | MICROSOFT 5.21% |
| MITSUBISHI UFJ FINANCIAL GROUP 1.15% | AMAZON.COM INC 3.49% |
| NOVARTIS AG 1.15% | ALPHABET CLASS A 2.77% |
| NESTLE SA 1.12% | BROADCOM INC 2.40% |
| ASTRAZENECA PLC 1.09% | ALPHABET CLASS C 2.24% |
| BHP GROUP LTD 1.05% | META PLATFORMS CLASS A 2.02% |
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 Sep 10, 2026.
| EFA iShares MSCI EAFE ETF | IWB iShares Russell 1000 ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Developed markets ex US | Russell 1000 |
| Total return, 1 year | +18.2% | +16.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +0.7 pts | −0.8 pts |
| Expense ratio | 0.32% | 0.15% |
| Already in the S&P 500 | 0.0% | 91.9% |
| Holdings | 670 | 945 |
EFA in plain words
EFA is an index equity fund tracking the Developed markets ex US. Over the year to Sep 11, 2026 it returned +18.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.32% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 670 positions, with the top ten at 13.8%.
IWB in plain words
IWB is an index equity fund tracking the Russell 1000. Over the year to Sep 11, 2026 it returned +16.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 945 positions, with the top ten at 35.2%.
Questions people ask
- Which returned more over the last year, EFA or IWB?
- In the year to Sep 13, 2026, with distributions reinvested, EFA returned +18.2% and IWB returned +16.7%, so EFA returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, EFA or IWB?
- EFA charges 0.32% a year and IWB charges 0.15%, so IWB is cheaper. Fees come from each fund's prospectus.
- How much do EFA and IWB overlap with the S&P 500?
- By their latest filed holdings, 0% of EFA and 92% of IWB by weight is stocks the S&P 500 already holds. Between the two funds, 1% 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, EFA against IWB, data as of Sep 13, 2026. https://etfiq.com/compare/any/efa-vs-iwb Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources