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ETF comparison

EWA vs IEFA

Both International Developed.

iShares MSCI Australia ETF · iShares Core MSCI EAFE ETF

Holdings overlap

Weighted by ISIN/CUSIP
5.7 %

46 positions appear in both funds. Buying equal dollars of EWA and IEFA would leave roughly 5.7% of each dollar exposed to the same underlying securities.

EWA unmatched 93.7% Shared 5.7% IEFA unmatched 93.9%

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 EWA only
0 positions
Shared
46 positions
In IEFA only
2,567 positions

Side by side

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%
IEFA

iShares Core MSCI EAFE ETF

iShares · International Developed

92 composite / 100
Expense ratio
0.070%
Net assets
$190.21B
TTM yield
3.44%
Top-10 conc.
11.9%

Sub-score comparison

50
Cost
93
77
Tax efficiency
76
60
Liquidity
100
21
Concentration
97
—
Tracking quality
—
EWA sub-score IEFA

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

Cost difference

IEFA is 43 bps cheaper than EWA. On a $100,000 position that's about $430/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 EWA vs IEFA.

Top shared holdings

46 shared in total
# Holding In EWA In IEFA Overlap
1 BHP GROUP LIMITED 15.69% 0.83% 0.83%
2 COMMONWEALTH BANK OF AUSTRALIA 13.76% 0.82% 0.82%
3 WESTPAC BANKING CORPORATION 6.14% 0.35% 0.35%
4 NATIONAL AUSTRALIA BANK LIMITED 5.71% 0.35% 0.35%
5 ANZ GROUP HOLDINGS LIMITED 5.30% 0.31% 0.31%
6 WESFARMERS LIMITED 4.51% 0.28% 0.28%
7 MACQUARIE GROUP LIMITED 4.31% 0.25% 0.25%
8 RIO TINTO LIMITED 3.45% 0.18% 0.18%
9 WOODSIDE ENERGY GROUP LTD 2.89% 0.17% 0.17%
10 CSL LIMITED 2.34% 0.16% 0.16%
11 GOODMAN GROUP 3.22% 0.16% 0.16%
12 WOOLWORTHS GROUP LIMITED 2.14% 0.13% 0.13%

Only in EWA

0 total

Every EWA position is also held by IEFA.

Only in IEFA

2,567 total
  • ASML Holding N.V. 2.50%
  • HSBC HOLDINGS PLC 1.42%
  • Roche Holding AG 1.20%
  • Novartis AG 1.12%
  • Nestle S.A. 1.00%
  • ASTRAZENECA PLC 1.00%
  • SHELL PLC 1.00%
  • Siemens Aktiengesellschaft 0.95%
  • Mitsubishi UFJ Financial Group, Inc. 0.93%
  • Banco Santander, S.A. 0.79%

Percentages are holdings overlap with the named fund.

Open EWA 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.