Data as of Oct 28, 2026.

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IEFA vs INOV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEFA returned +12.3% to INOV's +8.9%, and IEFA charges 0.07% to INOV's 0.85%.

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Net assets on Oct 28, 2026: $190.4bn for iShares Core MSCI EAFE ETF and $36m for Innovator Intl Developed Power Buffer ETF - Nov.

At a glance
+12.3%
IEFA total return, 1 year
+8.9%
INOV total return, 1 year
0.07%
IEFA expense ratio
0.85%
INOV expense ratio

Pair scorecard

IEFA costs 0.78 points a year less; their one-year returns differ by 3.4 points; IEFA is far larger, $190.4bn against $36m.

IEFA vs INOV: Differences, Returns & Fees
MeasureIEFAINOV
Return
Total return, 1 year+12.3%+8.9%
Drawdown
Below its high4.7%, high on Aug 25, 2026
Index fall to the buffer8.8%
Fund price fall to the buffer9.1%
Benchmark
What it tracksMSCI EAFE IMI IndexEFA
The outcome period
Room to the cap8.3%
Buffer left, in index points15.0% of 15.0%
Days left in the period3
Period endsOct 31, 2026
Cost and size
Expense ratio0.07%0.85%
Net assets$190.4bn$36m
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Holdings datedOct 27, 2026
Top ten holdings, share of the fund12.3%

Method

Side by side

IEFA iShares Core MSCI EAFE ETF INOV Innovator Intl Developed Power Buffer ETF - Nov
Where it sits Stock ETF Buffer ETF
What it is Tracks the MSCI EAFE Defined outcome, 15% on EFA
Total return, 1 year +12.3% +8.9%
Its benchmark over the same days +14.3% (ACWX) +8.4% (EFA)
Gap to its benchmark −2.0 pts vs ACWX +0.5 pts vs EFA
Expense ratio 0.07% 0.85%
Holdings 2629 not read by ETFIQ
Net assets $190.4bn $36m

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

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About each fund
IEFA

IEFA tracks the MSCI EAFE. Over the year to Oct 28, 2026 it returned +12.3% with distributions reinvested, against +14.3% for its benchmark, the MSCI ACWI ex USA Index. The prospectus expense ratio is 0.07% 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 2,629 positions, with the top ten at 12.3%. It sat 4.7% below its high of Aug 25, 2026 on Oct 28, 2026.

INOV

From its price on Oct 28, 2026, the fund can gain about 8.3% more before it reaches its cap. The fund's price can fall 9.1% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, EFA can fall 8.8% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's EFA level. 3 days remained on Oct 28, 2026. On Oct 31, 2026 the period ends and a new cap is set.

Questions people ask

Are IEFA and INOV in the same category?
IEFA is a stock ETF and INOV is a buffer ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IEFA or INOV?
In the year to Oct 28, 2026, with distributions reinvested, IEFA returned +12.3% and INOV +8.9%.
Which is cheaper, IEFA or INOV?
IEFA is cheaper, by 0.78 percentage points a year. That is about $78 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, IEFA against INOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-inov

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