Better International ETF: the iShares IEFA vs. State Street's SPDW
The iShares Core MSCI EAFE ETF and the State Street SPDR Portfolio Developed World ex-US ETF offer broad exposure to developed markets outside the United States. The iShares fund, with nearly $200 billion in assets, provides massive liquidity and a slightly higher yield. According to Yahoo Finance, it has a 3.3% yield versus 2.9% for the State Street ETF.
The iShares Core MSCI EAFE ETF holds 2,616 stocks, providing broad coverage across diversified sectors, with financial services at 24%, industrials at 20%, and technology at 11%. Yahoo Finance reports that the iShares ETF has a 0.07% expense ratio, while the State Street ETF has a lower expense ratio of 0.03%.
The iShares Core MSCI EAFE ETF manages significantly more assets under management and offers a higher dividend yield than the State Street SPDR Portfolio Developed World ex-US ETF, according to Nasdaq Markets.
Brief written by urgent.news from Nasdaq Markets, Yahoo Finance, Motley Fool — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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