Data as of Oct 28, 2026.

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Across categories

IEFA vs VTEB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IEFA returned +12.3% to VTEB's −0.4%; 0% 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 $49.6bn on Sep 30, 2026 for Vanguard Tax-Exempt Bond ETF.

At a glance
+12.3%
IEFA total return, 1 year
−0.4%
VTEB total return, 1 year
0.07%
IEFA expense ratio
0.03%
VTEB expense ratio

Pair scorecard

VTEB costs 0.04 points a year less; their one-year returns differ by 12.7 points; IEFA is 3.8 times larger.

IEFA vs VTEB: Differences, Returns & Fees
MeasureIEFAVTEB
Return
Total return, 1 year+12.3%−0.4%
Drawdown
Below its high4.7%, high on Aug 25, 2026
Benchmark
What it tracksMSCI EAFE IMI IndexS&P National AMT-Free Municipal Bond Index
Cost and size
Expense ratio0.07%0.03%
Net assets, as of Sep 30, 2026$190.2bn$49.6bn
Holdings
Holdings in common0%
In the S&P 500, by weight0%
Top ten holdings, share of the fund12.3%

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

What they share

0%

By the books each fund has filed, IEFA and VTEB hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IEFA VTEB
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 VTEB
Vanguard Municipal Low Duration Fund 0.69%
State of California 0.15%
State of California 0.14%
New York State Dormitory Authority 0.13%
State of Illinois 0.12%
Ohio State University 0.12%
City of New York NY 0.10%
State of Wisconsin 0.10%
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Side by side

IEFA iShares Core MSCI EAFE ETF VTEB Vanguard Tax-Exempt Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the MSCI EAFE Tracks an index of Tax-Exempt Bond
Total return, 1 year +12.3% −0.4%
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% 0.03%
Holdings 2629 11155
Net assets, IEFA as of Oct 28, 2026 and VTEB as of Sep 30, 2026 $190.4bn $49.6bn

IEFA and VTEB 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.

VTEB

VTEB tracks an index of Tax-Exempt Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, IEFA or VTEB?
In the year to Oct 28, 2026, with distributions reinvested, IEFA returned +12.3% and VTEB −0.4%.
Which is cheaper, IEFA or VTEB?
VTEB 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.
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ETFIQ, IEFA against VTEB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iefa-vs-vteb

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