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ETF comparison

EFA vs EWA

Both International Developed.

iShares MSCI EAFE ETF · iShares MSCI Australia ETF

Holdings overlap

Weighted by ISIN/CUSIP
6.6 %

46 positions appear in both funds. Buying equal dollars of EFA and EWA would leave roughly 6.6% of each dollar exposed to the same underlying securities.

EFA unmatched 93.0% Shared 6.6% EWA unmatched 92.8%

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.

In EFA only
628 positions
Shared
46 positions
In EWA only
0 positions

Side by side

EFA

iShares MSCI EAFE ETF

iShares · International Developed

82 composite / 100
Expense ratio
0.32%
Net assets
$76.70B
TTM yield
3.28%
Top-10 conc.
13.9%
EWA

iShares MSCI Australia ETF

iShares · International Developed

54 composite / 100
Expense ratio
0.50%
Net assets
$1.21B
TTM yield
2.92%
Top-10 conc.
65.0%

Sub-score comparison

68
Cost
50
76
Tax efficiency
77
100
Liquidity
60
94
Concentration
21
—
Tracking quality
—
EFA sub-score EWA

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

EFA is 18 bps cheaper than EWA. On a $100,000 position that's about $180/yr more in fees for EWA.

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 EFA vs EWA.

Top shared holdings

46 shared in total
# Holding In EFA In EWA Overlap
1 BHP GROUP LIMITED 0.97% 15.69% 0.97%
2 COMMONWEALTH BANK OF AUSTRALIA 0.95% 13.76% 0.95%
3 WESTPAC BANKING CORPORATION 0.41% 6.14% 0.41%
4 NATIONAL AUSTRALIA BANK LIMITED 0.40% 5.71% 0.40%
5 ANZ GROUP HOLDINGS LIMITED 0.36% 5.30% 0.36%
6 WESFARMERS LIMITED 0.32% 4.51% 0.32%
7 MACQUARIE GROUP LIMITED 0.29% 4.31% 0.29%
8 WOODSIDE ENERGY GROUP LTD 0.20% 2.89% 0.20%
9 RIO TINTO LIMITED 0.20% 3.45% 0.20%
10 CSL LIMITED 0.19% 2.34% 0.19%
11 GOODMAN GROUP 0.19% 3.22% 0.19%
12 WOOLWORTHS GROUP LIMITED 0.15% 2.14% 0.15%

Only in EFA

628 total
  • ASML Holding N.V. 2.90%
  • HSBC HOLDINGS PLC 1.66%
  • Roche Holding AG 1.39%
  • Novartis AG 1.30%
  • Nestle S.A. 1.17%
  • SHELL PLC 1.17%
  • ASTRAZENECA PLC 1.17%
  • Siemens Aktiengesellschaft 1.10%
  • Mitsubishi UFJ Financial Group, Inc. 1.08%
  • Banco Santander, S.A. 0.93%

Only in EWA

0 total

Every EWA position is also held by EFA.

Percentages are holdings overlap with the named fund.

Open EFA or EWA 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.