Data as of Oct 28, 2026.

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IEFA vs PFF: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEFA returned +12.3% to PFF's −4.2%; 1% of their weight is in the same names.

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Net assets: $190.4bn on Oct 28, 2026 for iShares Core MSCI EAFE ETF, and $11.8bn on Oct 27, 2026 for iShares Preferred and Income Securities ETF.

At a glance
+12.3%
IEFA total return, 1 year
−4.2%
PFF total return, 1 year
0.07%
IEFA expense ratio
0.45%
PFF expense ratio

Pair scorecard

IEFA costs 0.38 points a year less; their one-year returns differ by 16.5 points; IEFA is 16.1 times larger.

IEFA vs PFF: Differences, Returns & Fees
MeasureIEFAPFF
Return
Total return, 1 year+12.3%−4.2%
Drawdown
Below its high4.7%, high on Aug 25, 20267.1%, high on May 8, 2026
Benchmark
What it tracksMSCI EAFE IMI IndexICE Exchange-Listed Preferred & Hybrid Securities Index
Cost and size
Expense ratio0.07%0.45%
Net assets, as of Oct 27, 2026$190.1bn$11.8bn
Holdings
Holdings in common1%
Top ten holdings, share of the fund12.3%22.7%

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

What they share

1%

By the books each fund has filed, IEFA and PFF hold 1% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first IEFA PFF
DEUTSCHE TELEKOM N AG 0.38% 0.26%
BANCO SANTANDER 0.72% 0.17%
PRUDENTIAL PLC 0.12% 0.22%
ARISTOCRAT LEISURE 0.10% 0.43%
HELVETIA BALOISE HOLDING N AG 0.08% 0.16%
COMPAGNIE FINANCIERE RICHEMONT SA 0.43% 0.05%
KONINKLIJKE AHOLD DELHAIZE 0.13% 0.04%
LAND SECURITIES GROUP REIT PLC 0.03% 0.06%
PERSEUS MINING LTD 0.02% 0.15%
4IMPRINT GROUP PLC 0.01% 0.26%
AUB GROUP LTD 0.01% 0.08%
BRUNELLO CUCINELLI 0.01% 0.10%
Only in one fund ↓
Only in IEFA
ASML HOLDING 2.55%
ROCHE PS PAR AG 1.36%
SHELL 1.21%
HSBC HOLDINGS PLC 1.18%
NOVARTIS AG 1.14%
ASTRAZENECA PLC 1.04%
NESTLE SA 1.04%
SAP 0.97%
Only in PFF
STRATEGY INC 3.53%
BOEING CO 3.11%
HEWLETT PACKARD ENTERPRISE CONV PR 2.36%
ALPHABET INC 2.31%
SUPER MICRO COMPUTER INC 2.27%
ALPHABET INC 2.26%
WELLS FARGO & COMPANY SERIES L 2.14%
ORACLE CORPORATION 2.06%
Check overlap with more funds →

Side by side

IEFA iShares Core MSCI EAFE ETF PFF iShares Preferred and Income Securities ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI EAFE Tracks an index of Preferred and Income Securities
Total return, 1 year +12.3% −4.2%
Its benchmark over the same days +14.3% (ACWX) +13.6% (MLRG)
Gap to its benchmark −2.0 pts vs ACWX −17.8 pts vs MLRG
Expense ratio 0.07% 0.45%
Already in the S&P 500 0.0% 0.0%
Holdings 2629 453
Net assets, IEFA as of Oct 28, 2026 and PFF as of Oct 27, 2026 $190.4bn $11.8bn

IEFA and PFF 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.

PFF

PFF tracks an index of Preferred and Income Securities. Over the year to Oct 28, 2026 it returned −4.2% with distributions reinvested, against +13.6% for its benchmark, the MSCI USA Index. The prospectus expense ratio is 0.45% 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 453 positions, with the top ten at 22.7%. It sat 7.1% below its high of May 8, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IEFA or PFF?
In the year to Oct 28, 2026, with distributions reinvested, IEFA returned +12.3% and PFF −4.2%.
Which is cheaper, IEFA or PFF?
IEFA is cheaper, by 0.38 percentage points a year. That is about $38 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IEFA and PFF overlap with the S&P 500?
By their latest filed holdings, 0% of IEFA and 0% of PFF by weight is stocks the S&P 500 already holds.
Other comparisons
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ETFIQ, IEFA against PFF, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-pff

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