Which returned more over the last year, FEZ or IEUR?

In the year to Oct 28, 2026, with distributions reinvested, FEZ returned +6.0% and IEUR +10.1%.

Which is cheaper, FEZ or IEUR?

IEUR is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.

How much do FEZ and IEUR overlap with the S&P 500?

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

Data as of Oct 28, 2026.

Across categories

FEZ vs IEUR: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FEZ returned +6.0% to IEUR's +10.1%; 31% of their weight is in the same names.

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Net assets on Oct 27, 2026: $4.1bn for State Street SPDR EURO STOXX 50 ETF and $9.4bn for iShares Core MSCI Europe ETF.

FEZ on its own →IEUR on its own →

At a glance

+6.0%

FEZ total return, 1 year

+10.1%

IEUR total return, 1 year

0.29%

FEZ expense ratio

0.10%

IEUR expense ratio

Pair scorecard

IEUR costs 0.19 points a year less; their one-year returns differ by 4.1 points; IEUR is 2.3 times larger.

FEZ vs IEUR: Differences, Returns & Fees
Measure	FEZ	IEUR
Return
Measure	FEZ	IEUR
Total return, 1 year	+6.0%	+10.1%
Drawdown
Measure	FEZ	IEUR
Below its high	9.0%, high on Aug 14, 2026	5.9%, high on Aug 25, 2026
Benchmark
Measure	FEZ	IEUR
What it tracks	EURO STOXX 50 Index	MSCI Europe IMI
Cost and size
Measure	FEZ	IEUR
Expense ratio	0.29%	0.10%
Net assets, as of Oct 27, 2026	$4.1bn	$9.4bn
Holdings
Measure	FEZ	IEUR
Holdings in common	31%
Top ten holdings, share of the fund	42.9%	19.8%

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

Risk and return

Jun 20, 2014 to Oct 23, 2026 · 644 weekly returns · each against ACWX

FEZ IEUR

Return

Total return edge Tie +107.2% +108.5%

Annualized edge Tie +6.1% +6.1%

Price return edge FEZ (slight) +46.8% +45.6%

Risk

Volatility edge IEUR 20.7% 18.1%

Max drawdown edge IEUR (slight) −38.6% −36.5%

Downside capture 107.1% 100.7%

Beta 1.16 1.05

Risk-adjusted

Sharpe edge IEUR (slight) 0.29 0.31

Sortino edge IEUR (slight) 0.41 0.42

Treynor 0.051 0.053

Calmar edge IEUR (slight) 0.16 0.17

Against the benchmark

Alpha −0.2% a year 0.0% a year

Alpha t-stat −0.07 −0.01

Information ratio 0.08 0.05

Tracking error 8.4% 5.6%

Reading

FEZ and IEUR returned about the same: +107.2% and +108.5%. IEUR swung less: 18.1% to 20.7%. IEUR fell slightly less at its worst: −36.5% to −38.6%.

Full scorecard

19 measures, with how each is measured Open ↓

Risk and return: FEZ vs IEUR: Differences, Returns & Fees
Measure	FEZ	IEUR	ACWX	Edge	How it is measured
Return
Total return	+107.2%	+108.5%		Tie	Price change plus distributions, reinvested.
Annualized	+6.1%	+6.1%		Tie	Total return as a yearly rate.
Price return	+46.8%	+45.6%		FEZ (slight)	Price change alone, distributions left out.
Risk
Volatility	20.7%	18.1%		IEUR	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	14.6%	13.1%		IEUR	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−38.6%	−36.5%		IEUR (slight)	Deepest fall from a high to the low after it.
Upside capture	116.1%	101.1%	100.0%	FEZ	Share of its benchmark's rise caught in the weeks it rose.
Downside capture	107.1%	100.7%	100.0%	IEUR (slight)	Share of its benchmark's fall taken in the weeks it fell. Lower is better.
Beta	1.16	1.05	1.00	IEUR lower	How far it moves for each 1% its benchmark moves.
R squared	0.85	0.91	1.00	Not an edge	Share of its weekly moves its benchmark explains.
Risk-adjusted
Sharpe	0.29	0.31		IEUR (slight)	Return above Treasury bills per unit of volatility.
Sortino	0.41	0.42		IEUR (slight)	Return above Treasury bills per unit of downside deviation.
Treynor	0.051	0.053	0.053	IEUR (slight)	Return above Treasury bills per unit of beta.
Calmar	0.16	0.17		IEUR (slight)	Annualized return divided by the max drawdown.
Against the benchmark
Benchmark	ACWX	ACWX	ACWX		The ETF each fund is measured against.
Alpha	−0.2% a year	0.0% a year	0.0%	Not significant	Yearly return beyond what its beta to the benchmark predicts.
Alpha t-stat	−0.07	−0.01		Not an edge	How sure the alpha is. Below 2, it could be chance.
Alpha range	−4.6% to +4.3%	−3.1% to +3.1%		Both include zero	The 95% range for the yearly alpha.
Information ratio	0.08	0.05		FEZ	Return against its benchmark per unit of tracking error.
Tracking error	8.4%	5.6%	0.0%	Not an edge	How far weekly returns stray from the benchmark, annualized.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 644 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

31%

By the books each fund has filed, FEZ and IEUR hold 31% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

31% in common

Positions both hold · largest shared weight first FEZ IEUR

ASML HOLDING NV 10.09% 4.17%

SAP SE 4.85% 1.58%

SIEMENS AG REG 4.42% 1.41%

ALLIANZ SE REG 3.74% 1.21%

BANCO SANTANDER SA 3.83% 1.18%

TOTALENERGIES SE 4.28% 1.18%

IBERDROLA SA 3.08% 1.00%

SCHNEIDER ELECTRIC SE 3.18% 0.98%

BANCO BILBAO VIZCAYA ARGENTA 2.87% 0.93%

AIRBUS SE 2.57% 0.84%

AIR LIQUIDE SA 2.52% 0.80%

L OREAL 2.33% 0.75%

Only in one fund ↓

Only in FEZ

MUENCHENER RUECKVER AG REG 1.59%

NORDEA BANK ABP 1.21%

EURO CURRENCY 0.25%

EURO STOXX 50 DEC26 -0.01%

Only in IEUR

ROCHE PS PAR AG 2.22%

SHELL 1.98%

HSBC HOLDINGS PLC 1.94%

NOVARTIS AG 1.87%

NESTLE SA 1.70%

ASTRAZENECA PLC 1.69%

UBS GROUP AG 0.96%

UNILEVER PLC 0.92%

Check overlap with more funds →

Side by side

FEZ State Street SPDR EURO STOXX 50 ETF IEUR iShares Core MSCI Europe ETF

Where it sits Stock ETF Stock ETF

Issuer State Street iShares

What it is Tracks an index Tracks an index

Total return, 1 year +6.0% +10.1%

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

Gap to its benchmark −8.3 pts vs ACWX −4.2 pts vs ACWX

Expense ratio 0.29% 0.10%

Already in the S&P 500 0.0% 0.0%

Holdings 52 1012

Net assets, as of Oct 27, 2026 $4.1bn $9.4bn

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

Client brief · page 1 of 2 Report BR-E54613E4D3

FEZ and IEUR are built for the same job. How do they differ in cost, holdings and results?

What each follows. FEZ follows EURO STOXX 50 Index and IEUR follows MSCI Europe IMI.
Holdings in common. 31% of the weight is in the same securities (holdings dated Oct 27, 2026).
One-year total return. Over 1 year to Oct 28, 2026 FEZ returned +6.0% and IEUR +10.1% with distributions reinvested, a gap of 4.1 points.

Data as of Oct 28, 2026.

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About each fund

FEZ

FEZ tracks an index. Over the year to Oct 28, 2026 it returned +6.0% with distributions reinvested, against +14.3% for its benchmark, the MSCI All Country World ex USA Index. The prospectus expense ratio is 0.29% 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 52 positions, with the top ten at 42.9%. It sat 9.0% below its high of Aug 14, 2026 on Oct 28, 2026.

IEUR

IEUR tracks an index. Over the year to Oct 28, 2026 it returned +10.1% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.10% 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 1,012 positions, with the top ten at 19.8%. It sat 5.9% below its high of Aug 25, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, FEZ or IEUR?: In the year to Oct 28, 2026, with distributions reinvested, FEZ returned +6.0% and IEUR +10.1%.
Which is cheaper, FEZ or IEUR?: IEUR is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do FEZ and IEUR overlap with the S&P 500?: By their latest filed holdings, 0% of FEZ and 0% of IEUR by weight is stocks the S&P 500 already holds.

Other comparisons

FEZ vs IDV FEZ vs VGK FEZ vs HEDJ EWI vs FEZ EWD vs IEUR EPOL vs IEUR EUFN vs IEUR EWL vs IEUR

Where to next

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

Sources and dates

FEZ filings on SEC EDGAR ↗

FEZ prospectus with the expense ratio (SEC) ↗

State Street website ↗

IEUR filings on SEC EDGAR ↗

IEUR prospectus with the expense ratio (SEC) ↗

iShares page for IEUR ↗

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, FEZ against IEUR, data as of Oct 28, 2026. https://etfiq.com/compare/any/fez-vs-ieur

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