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Wednesday, August 19, 2026The Morning Brief →Sign in
IEFAISharesINDEX

iShares Core MSCI EAFE ETF

$100.11+0.23% today
8510152-WK

The fund generally will invest at least 80% of its assets in the component securities of its underlying index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The index is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from Europe, Australasia and the Far East.

Price & daily flows
97.793.088.3100.11DAILY NET FLOWAug 19Dec 16Apr 17Aug 19

SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN · NET +$18.2B OVER THIS RANGE

The desk’s read

Money keeps arriving — +$631M of net buying over the past month, about 0.3% of the fund's asset base, while the price has returned +10.8% so far this year. At 0.070% a year it is not the cheapest way in — VEA runs the same ground at 0.06%.

COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH

$195.3Bassets under management
0.070%expense ratio · $7 per $10,000 a year
+$631Mnet flow, trailing month
7.6Mavg daily volume, 30 days
2798holdings · US-domiciled
2012listed October 17, 2012 · beta 0.96
The book at a glance
EDVRXL+3.3%PDNLANDIAG-4.6%APA+1.9%TE-4.7%CWKEMRAMPMTX0.1%PHOE0.1%SN.-0.7%TEL-6.1%ORI-0.2%IAG-4.6%BLND-0.7%ALL+1.2%MRK-0.6%RTO+0.1%SRG0.1%SUN+2.6%CNA+0.4%ADM+1.4%CHKP+2.6%ASX-8.9%AIA-3.9%MICC-0.2%REA-1.9%PLUS-0.2%CAMT-10.3%AGL-1.7%VNTVIG

CELL SIZE IS PORTFOLIO WEIGHT · COLOR IS TODAY’S MOVE · TOP 40 POSITIONS

HoldingsDownload CSV
#HoldingWeightPriceDay52-wk
1EDVVANGUARD EXTENDED DURATION TREASURY INDEX FUND0.01%$58.92+0.6%
2RXLPROSHARES ULTRA HEALTH CARE0.04%$59.93+3.3%
3PDNINVESCO FTSE RAFI DEVELOPED MARKETS EX-US SMALL-MID ETF0.01%$46.84
4LANDGLADSTONE LAND0.01%$8.23-0.1%
5IAGIAMGOLD0.05%$18.18-4.6%
6APAAPA0.04%$42.37+1.9%
7TET1 Energy0.02%$4.64-4.7%
8CWKCUSHMAN & WAKEFIELD0.01%$14.18+0.6%
9EMREMERSON ELECTRIC0.01%$157.93-2.7%
10AMPAMERIPRISE FINANCIAL0.01%$563.30+0.4%
11MTXMINERALS TECHNOLOGIES0.07%$71.66
12PHOEPHOENIX ASIA HOLDINGS LTD0.06%$22.20
13SN.SHARKNINJA0.05%$182.87-0.7%
14TELTE CONNECTIVITY0.04%$205.02-6.1%
15ORIOLD REPUBLIC INTERNATIONAL0.03%$42.40-0.2%

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Sector weights
Financials24.26%
Industrials19.58%
Information Technology10.59%
Health Care9.05%
Consumer Discretionary8.49%
Materials6.47%
Consumer Staples6.23%
Communication3.84%
Energy3.58%
Utilities3.44%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
Japan25.12%
United Kingdom13.99%
France8.92%
Switzerland8.53%
Germany8.12%
Australia6.95%
Netherlands5.32%
Spain3.65%
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
1 week-0.9%
1 month+4.0%
3 months+4.2%
6 months+2.9%
YTD+10.8%
1 year
3 years

PRICE RETURN, DISTRIBUTIONS NOT REINVESTED

Net flows
1 week+$169M
1 month+$631M
3 months+$4.4B
YTD+$11.1B
1 year+$18.2B

CREATION/REDEMPTION DOLLARS, DAILY RECORDS

Monthly net flows
AugSepOctNovDecJanFebMarAprMayJulAug
DAILY CREATION/REDEMPTION RECORDS, TRAILING TWELVE MONTHS
The risk read
14%realized volatility, 30 days (annualized)
16%realized volatility, 1 year
-11.5%deepest fall from a peak, 1 year
-1.1%where it sits vs. that peak today

The top holding is 2.4% of the book; the top ten carry 10%. Spread across 218+ names, it behaves like roughly 43 equally-weighted positions.

VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK

Options tape
4calls today
1puts today
0.25put/call ratio
6.5Mshares traded
Most-traded holdings, options premiumBullishBearish
NBIS Nebius Group NV$141M$134M
ASML ASML HOLDING NV$49M$47M
BA. BOEING$15M$24M
SPOT SPOTIFY TECHNOLOGY SA$6M$6M
DIA SPDR DOW JONES INDUSTRIAL AVERAGE ETF TRUST$5M$7M

TODAY’S OPTIONS PREMIUM IN THE FUND’S UNDERLYING NAMES

The case against IEFA

Due diligence cuts both ways. These funds sit on the same shelf and beat IEFA on at least one dimension that matters — the fee, the asset base, or where the money is going.

FundFeeAssetsFlow, 1MThe case
IJH iShares Core S&P Mid-Cap ETF0.05%$128.4B+$547M-2bp on fee · +$547M in over the monthHead-to-head
IDEV iShares Core MSCI International Developed Markets ETF0.04%$32.7B+$104M-3bp on fee · +$104M in over the monthHead-to-head
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF0.04%$23.4B+$520M-3bp on fee · +$520M in over the monthHead-to-head
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF0.04%$18.7B+$312M-3bp on fee · +$312M in over the monthHead-to-head
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF0.04%$2.8B+$220M-3bp on fee · +$220M in over the monthHead-to-head
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InstrumentsHarvest substitutesTrade cost at $1MClient tearsheetStress this fund
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