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

In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and IEF −3.2%.

Which is cheaper, GARP or IEF?

Neither: GARP and IEF both charge 0.15% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

GARP vs IEF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, GARP returned +18.0% to IEF's −3.2%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $3.6bn for iShares MSCI USA Quality GARP ETF and $43.5bn for iShares 7-10 Year Treasury Bond ETF.

GARP on its own →IEF on its own →

At a glance

+18.0%

GARP total return, 1 year

−3.2%

IEF total return, 1 year

0.15%

GARP expense ratio

0.15%

IEF expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 21.2 points; IEF is 12.1 times larger.

Points (pts) are percentage points.

GARP vs IEF: Differences, Returns & Fees
Measure	GARP	IEF
Return
Measure	GARP	IEF
Total return, 1 year	+18.0%	−3.2%
Drawdown
Measure	GARP	IEF
Below its high	7.0%, high on Oct 6, 2026	13.1%, high on Aug 4, 2020
Benchmark
Measure	GARP	IEF
What it tracks	MSCI USA Quality GARP Select Index	ICE U.S. Treasury 7-10 Year Bond Index
Cost and size
Measure	GARP	IEF
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$3.6bn	$43.5bn
Holdings
Measure	GARP	IEF
Holdings in common	0%
In the S&P 500, by weight	94%
Top ten holdings, share of the fund	43.5%

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

What they share

By the books each fund has filed, GARP and IEF 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 GARP IEF

Only in one fund ↓

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%

Only in IEF

TREASURY NOTE 8.82%

TREASURY NOTE 8.80%

TREASURY NOTE 8.74%

TREASURY NOTE 8.68%

TREASURY NOTE (OLD) 8.68%

TREASURY NOTE (2OLD) 8.65%

TREASURY NOTE 8.48%

TREASURY NOTE 8.40%

Check overlap with more funds →

Side by side

GARP iShares MSCI USA Quality GARP ETF IEF iShares 7-10 Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer iShares iShares

What it is Tracks the MSCI USA Quality GARP Tracks an index of 7-10 Year Treasury Bond

Total return, 1 year +18.0% −3.2%

Its benchmark over the same days +13.3% (PBUS) not measured

Gap to its benchmark +4.7 pts vs PBUS not measured

Expense ratio 0.15% 0.15%

Holdings 131 17

Net assets, as of Oct 27, 2026 $3.6bn $43.5bn

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

Alert

About each fund

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.

IEF

IEF tracks an index of 7-10 Year Treasury Bond. Over the year to Oct 28, 2026 it returned −3.2% with distributions reinvested. It sat 13.1% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, GARP or IEF?: In the year to Oct 28, 2026, with distributions reinvested, GARP returned +18.0% and IEF −3.2%.
Which is cheaper, GARP or IEF?: Neither: GARP and IEF both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

GARP vs GOVT GARP vs VGIT GARP vs MBB GARP vs VGSH IEF vs VOOG IEF vs VONG IEF vs SPYG IEF vs SCHG

Where to next

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

Sources and dates

GARP and IEF filings on SEC EDGAR ↗

GARP prospectus with the expense ratio (SEC) ↗

iShares page for GARP ↗

IEF prospectus with the expense ratio (SEC) ↗

iShares page for IEF ↗

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

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