Data as of Oct 28, 2026.

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IEFA vs QBIV: Differences, Returns & Fees

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IEFA and QBIV are measured over different days, and IEFA charges 0.07% to QBIV's 0.74%.

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Net assets: $190.4bn on Oct 28, 2026 for iShares Core MSCI EAFE ETF, and $8.6m on Oct 27, 2026 for AllianzIM International Equity Buffer5 ETF - Jan.

At a glance
+12.3%
IEFA total return, 1 year
+5.0%
QBIV total return, since launch, Apr 1, 2026
0.07%
IEFA expense ratio
0.74%
QBIV expense ratio

Pair scorecard

IEFA costs 0.67 points a year less; IEFA is far larger, $190.1bn against $8.6m.

IEFA vs QBIV: Differences, Returns & Fees
MeasureIEFAQBIV
Return
Total return, 1 year+12.3%not published
Drawdown
Below its high4.7%, high on Aug 25, 2026
Index fall to the buffer0.0%
Fund price fall to the buffer0.3%
Benchmark
What it tracksMSCI EAFE IMI IndexEFA
The outcome period
Room to the cap5.7%
Buffer left, in index points4.8% of 5.0%
Days left in the period64
Period endsDec 31, 2026
Cost and size
Expense ratio0.07%0.74%
Net assets, as of Oct 27, 2026$190.1bn$8.6m
Holdings
Holdings in commonnot published
In the S&P 500, by weight0%
Top ten holdings, share of the fund12.3%

Method

Side by side

IEFA iShares Core MSCI EAFE ETF QBIV AllianzIM International Equity Buffer5 ETF - Jan
Where it sits Stock ETF Buffer ETF
What it is Tracks the MSCI EAFE Defined outcome, 5% on EFA
Total return, 1 year +12.3% +5.0% (since launch, Apr 1, 2026)
Its benchmark over the same days +14.3% (ACWX) +5.1% (EFA) (since launch, Apr 1, 2026)
Gap to its benchmark −2.0 pts vs ACWX −0.1 pts vs EFA (since launch, Apr 1, 2026)
Expense ratio 0.07% 0.74%
Holdings 2629 not read by ETFIQ
Net assets, IEFA as of Oct 28, 2026 and QBIV as of Oct 27, 2026 $190.4bn $8.6m

IEFA and QBIV 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.

QBIV

From its price on Oct 28, 2026, the fund can gain about 5.7% more before it reaches its cap. The fund's price can fall 0.3% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, EFA can fall 0.0% from today's level to the point where the buffer begins. Protection left, in index points: 4.8% of the 5.0% buffer still sits below today's EFA level. 64 days remained on Oct 28, 2026. On Dec 31, 2026 the period ends and a new cap is set.

Questions people ask

Are IEFA and QBIV in the same category?
IEFA is a stock ETF and QBIV is a buffer ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, IEFA or QBIV?
IEFA is cheaper, by 0.67 percentage points a year. That is about $67 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, IEFA against QBIV, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-qbiv

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