ETF comparison
CWI vs IEFA
International Total vs International Developed.
State Street SPDR MSCI ACWI ex-US ETF · iShares Core MSCI EAFE ETF
Holdings overlap
508 positions appear in both funds. Buying equal dollars of CWI and IEFA would leave roughly 57.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
IEFA is 23 bps cheaper than CWI. On a $100,000 position that's about $230/yr more in fees for CWI.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with CWI vs IEFA.
Top shared holdings
508 shared in total| # | Holding | In CWI | In IEFA | Overlap |
|---|---|---|---|---|
| 1 | ASML Holding NV | 2.12% | 2.50% | 2.12% |
| 2 | HSBC Holdings PLC | 0.95% | 1.42% | 0.95% |
| 3 | Roche Holding AG | 0.82% | 1.20% | 0.82% |
| 4 | Novartis AG | 0.79% | 1.12% | 0.79% |
| 5 | AstraZeneca PLC | 0.76% | 1.00% | 0.76% |
| 6 | Nestle SA | 0.72% | 1.00% | 0.72% |
| 7 | Siemens AG | 0.69% | 0.95% | 0.69% |
| 8 | Mitsubishi UFJ Financial Group Inc | 0.61% | 0.93% | 0.61% |
| 9 | ABB Ltd | 0.61% | 0.60% | 0.60% |
| 10 | Shell PLC | 0.60% | 1.00% | 0.60% |
| 11 | Banco Santander SA | 0.60% | 0.79% | 0.60% |
| 12 | Tokyo Electron Ltd | 0.61% | 0.58% | 0.58% |
Only in CWI
624 total- Taiwan Semiconductor Manufacturing Co Ltd 5.38%
- Samsung Electronics Co Ltd 2.90%
- SK hynix Inc 2.56%
- Royal Bank of Canada 0.90%
- Tencent Holdings Ltd 0.89%
- Toronto-Dominion Bank/The 0.66%
- Alibaba Group Holding Ltd 0.52%
- MediaTek Inc 0.49%
- Delta Electronics Inc 0.45%
- Bank of Montreal 0.44%
Only in IEFA
2,105 total- ABN AMRO Bank N.V. 0.11%
- BPER BANCA S.P.A. 0.10%
- JAPAN POST HOLDINGS Co.,Ltd. 0.10%
- NN Group N.V. 0.09%
- IBIDEN CO.,LTD. 0.09%
- COCA-COLA EUROPACIFIC PARTNERS PLC 0.09%
- Helvetia Baloise Holding AG 0.08%
- Swisscom AG 0.08%
- HALMA PUBLIC LIMITED COMPANY 0.07%
- Alfa Laval AB 0.07%
Related comparisons
More comparisons with CWI
- CWI vs VSGX · Vanguard ESG International Stock ETF 55.9%
- CWI vs DFAX · Dimensional World ex U.S. Core Equity 2 ETF 38.9%
- CWI vs VT · Vanguard Total World Stock Index Fund ETF Shares 26.2%
- CWI vs DFIV · Dimensional International Value ETF 24.1%
- CWI vs IEMG · iShares Core MSCI Emerging Markets ETF 20.4%
- CWI vs VWO · Vanguard FTSE Emerging Markets Index Fund ETF Shares 15.4%
More comparisons with IEFA
- IEFA vs VXUS · Vanguard Total International Stock Index Fund ETF Shares 56.3%
- IEFA vs DFIC · Dimensional International Core Equity 2 ETF 55.5%
- IEFA vs JIRE · JPMorgan International Research Enhanced Equity ETF 54.6%
- IEFA vs FNDF · Schwab Fundamental International Equity ETF 53.9%
- IEFA vs VSGX · Vanguard ESG International Stock ETF 53.2%
- IEFA vs BBEU · JPMorgan BetaBuilders Europe ETF 52.6%
Percentages are holdings overlap with the named fund.
Open CWI or IEFA at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.