Data as of Oct 28, 2026.

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IEFA vs VPL: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEFA returned +12.3% to VPL's +24.8%; 35% 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 $9.0bn on Sep 30, 2026 for Vanguard FTSE Pacific ETF.

At a glance
+12.3%
IEFA total return, 1 year
+24.8%
VPL total return, 1 year
0.07%
IEFA expense ratio
0.07%
VPL expense ratio

Pair scorecard

Both cost 0.07% a year; their one-year returns differ by 12.5 points; IEFA is far larger, $190.2bn against $9.0bn.

Points (pts) are percentage points.

IEFA vs VPL: Differences, Returns & Fees
MeasureIEFAVPL
Return
Total return, 1 year+12.3%+24.8%
Drawdown
Below its high4.7%, high on Aug 25, 20267.2%, high on Jun 22, 2026
Benchmark
What it tracksMSCI EAFE IMI IndexFTSE Developed Asia Pacific All Cap Index
Cost and size
Expense ratio0.07%0.07%
Net assets, as of Sep 30, 2026$190.2bn$9.0bn
Holdings
Holdings in common35%
Top ten holdings, share of the fund12.3%24.8%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Nov 2, 2012 to Oct 23, 2026 · 729 weekly returns
IEFA VPL
Return
Total return edge VPL (slight) +199.1% +218.1%
Annualized edge VPL (slight) +8.1% +8.6%
Price return edge VPL +100.2% +115.8%
Risk
Volatility edge Tie 16.2% 16.4%
Max drawdown edge VPL (slight) −34.1% −32.4%
Risk-adjusted
Sharpe edge VPL (slight) 0.45 0.48
Sortino edge VPL (slight) 0.64 0.68
Calmar edge VPL 0.24 0.27
Reading

VPL returned slightly more: +218.1% to +199.1%. IEFA and VPL swung about the same: 16.2% and 16.4%. VPL fell slightly less at its worst: −32.4% to −34.1%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IEFA vs VPL: Differences, Returns & Fees
MeasureIEFAVPLEdgeHow it is measured
Return
Total return+199.1%+218.1%VPL (slight)Price change plus distributions, reinvested.
Annualized+8.1%+8.6%VPL (slight)Total return as a yearly rate.
Price return+100.2%+115.8%VPLPrice change alone, distributions left out.
Risk
Volatility16.2%16.4%TieSpread of weekly returns, annualized. Lower is steadier.
Downside deviation11.5%11.5%TieLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−34.1%−32.4%VPL (slight)Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.450.48VPL (slight)Return above Treasury bills per unit of volatility.
Sortino0.640.68VPL (slight)Return above Treasury bills per unit of downside deviation.
Calmar0.240.27VPLAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 729 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

35%

By the books each fund has filed, IEFA and VPL hold 35% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

35% in common

Positions both hold · largest shared weight first IEFA VPL
MITSUBISHI UFJ FINANCIAL GROUP 0.92% 1.98%
BHP GROUP LTD 0.83% 1.69%
COMMONWEALTH BANK OF AUSTRALIA 0.77% 1.37%
TOYOTA MOTOR 0.75% 1.51%
ADVANTEST 0.63% 1.25%
HITACHI 0.63% 1.20%
RECRUIT HOLDINGS LTD 0.63% 1.12%
SONY GROUP 0.60% 1.10%
SUMITOMO MITSUI FINANCIAL GROUP 0.59% 1.25%
TOKYO ELECTRON 0.53% 1.30%
DBS GROUP HOLDINGS LTD 0.48% 0.96%
MIZUHO FINANCIAL GROUP 0.45% 1.02%
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 VPL
Samsung Electronics Co Ltd 7.11%
SK hynix Inc 5.82%
SLBBH1142 1.57%
SAMSUNG ELECTRONICS-PREF 0.90%
SK Square Co Ltd 0.58%
Samsung Electro-Mechanics Co Ltd 0.48%
Hong Kong Exchanges & Clearing Ltd 0.46%
KB Financial Group Inc 0.33%
Check overlap with more funds →

Side by side

IEFA iShares Core MSCI EAFE ETF VPL Vanguard FTSE Pacific ETF
Where it sits Stock ETF Stock ETF
What it is Tracks the MSCI EAFE Tracks an index of Pacific Stock
Total return, 1 year +12.3% +24.8%
Its benchmark over the same days +14.3% (ACWX) not measured
Gap to its benchmark −2.0 pts vs ACWX not measured
Expense ratio 0.07% 0.07%
Already in the S&P 500 0.0% 0.0%
Holdings 2629 2343
Net assets, IEFA as of Oct 28, 2026 and VPL as of Sep 30, 2026 $190.4bn $9.0bn

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

Client brief · page 1 of 2 Report BR-E461F6736C

IEFA and VPL do different jobs. What does each one do in a portfolio?

  1. What each follows. IEFA follows MSCI EAFE IMI Index and VPL follows FTSE Developed Asia Pacific All Cap Index.
  2. Holdings in common. 35% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 IEFA returned +12.3% and VPL +24.8% with distributions reinvested, a gap of 12.5 points.

Data as of Oct 28, 2026.

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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.

VPL

VPL tracks an index of Pacific Stock. Over the year to Oct 28, 2026 it returned +24.8% with distributions reinvested. By its holdings published by its issuer as of Sep 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 2,343 positions, with the top ten at 24.8%. It sat 7.2% below its high of Jun 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IEFA or VPL?
In the year to Oct 28, 2026, with distributions reinvested, IEFA returned +12.3% and VPL +24.8%.
Which is cheaper, IEFA or VPL?
Neither: IEFA and VPL both charge 0.07% a year. Fees come from each fund's prospectus.
How much do IEFA and VPL overlap with the S&P 500?
By their latest filed holdings, 0% of IEFA and 0% of VPL by weight is stocks the S&P 500 already holds.
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ETFIQ, IEFA against VPL, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-vpl

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