IEFA vs SPDW: Differences, Returns & Fees

IEFA and SPDW hold 70% of their weight in the same names, and SPDW returned +19.7% over the year. Net assets: $189.5bn on Oct 9, 2026 for iShares Core MSCI EAFE ETF, and $40.5bn on Oct 8, 2026 for State Street SPDR Portfolio Developed World ex-US ETF.

SPDW costs 0.04 points a year less; their one-year returns differ by 5.8 points; IEFA is 4.6 times larger.

IEFASPDW
Expense ratio0.07%0.03%
Net assets, as of Oct 8, 2026$188.1bn$40.5bn
Total return, 1 year+13.9%+19.7%
What it tracksMSCI EAFE IMI IndexS&P Developed Ex-U.S. BMI Index ?
Holdings in common70%
Top ten holdings, share of the fund12.2%12.9%
Below its high4.8%, high on Aug 25, 20264.5%, high on Sep 4, 2026

Holdings in common uses holdings dated Oct 8, 2026.

+13.9%
IEFA total return, 1 year
+19.7%
SPDW total return, 1 year
0.07%
IEFA expense ratio
0.03%
SPDW expense ratio

What they hold in common

By the books each fund has filed, IEFA and SPDW hold 70% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 8, 2026.

half

70% in common

Positions both hold, largest shared weight first
Holding IEFA SPDW
ASML HOLDING 2.87% 2.15%
HSBC HOLDINGS PLC 1.26% 0.95%
ROCHE PS PAR AG 1.20% 0.90%
SHELL 1.17% 0.88%
NOVARTIS AG 1.05% 0.79%
ASTRAZENECA PLC 0.96% 0.74%
NESTLE SA 0.95% 0.72%
TOYOTA MOTOR 0.70% 0.67%
BHP GROUP LTD 0.88% 0.66%
SIEMENS N AG 0.87% 0.66%
SAP 0.85% 0.64%
ADVANTEST 0.77% 0.61%
Only in IEFA
MITSUBISHI UFJ FINANCIAL GROUP 0.95%
SUMITOMO MITSUI FINANCIAL GROUP 0.61%
NOVO NORDISK CLASS B 0.49%
MUENCHENER RUECKVERSICHERUNGS-GESE 0.30%
INVESTOR CLASS B 0.28%
NORDEA BANK 0.23%
ATLAS COPCO CLASS A 0.21%
HONG KONG EXCHANGES AND CLEARING 0.20%
Only in SPDW
SAMSUNG ELECTR GDR REG S 2.68%
SK HYNIX INC 2.21%
MITSUBISHI UFJ FINANCIAL GRO 0.82%
ROYAL BANK OF CANADA 0.81%
SHOPIFY INC CLASS A 0.61%
TORONTO DOMINION BANK 0.57%
SUMITOMO MITSUI FINANCIAL GR 0.49%
NOVO NORDISK A/S B 0.36%

Check overlap with more funds →

On the same fields

IEFA
iShares Core MSCI EAFE ETF
SPDW
State Street SPDR Portfolio Developed World ex-US ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI EAFE Tracks an index
Total return, 1 year +13.9% +19.7%
S&P 500 over the same days +17.3% +17.3%
Gap to the S&P 500 −3.3 pts +2.4 pts
Expense ratio 0.07% 0.03%
Already in the S&P 500 0.0% 0.0%
Holdings 2628 2448
Net assets, IEFA as of Oct 9, 2026 and SPDW as of Oct 8, 2026 $189.5bn $40.5bn

IEFA and SPDW on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

IEFA in plain words

IEFA tracks the MSCI EAFE. Over the year to Oct 9, 2026 it returned +13.9% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.07% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,628 positions, with the top ten at 12.2%. It sat 4.8% below its high of Aug 25, 2026 on Oct 9, 2026.

SPDW in plain words

SPDW tracks an index. Over the year to Oct 9, 2026 it returned +19.7% with distributions reinvested, against +17.3% for the S&P 500. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer for Oct 8, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,448 positions, with the top ten at 12.9%. It sat 4.5% below its high of Sep 4, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, IEFA or SPDW?
In the year to Oct 9, 2026, with distributions reinvested, IEFA returned +13.9% and SPDW +19.7%.
Which is cheaper, IEFA or SPDW?
SPDW is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
How much do IEFA and SPDW overlap with the S&P 500?
By their latest filed holdings, 0% of IEFA and 0% of SPDW by weight is stocks the S&P 500 already holds.
Cite this pageCitation, APA and Markdown

ETFIQ, IEFA against SPDW, data as of Oct 9, 2026. https://etfiq.com/compare/any/iefa-vs-spdw

Open data

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