EFA vs FDEV

AEFA

BFDEV

Measures won1–4FDEV wins · of 6 · 5Y

$10,000 · 5Y$15,197VEA · EFA $14,818

Lowest cost0.03%VEA · $3 on $10k

Most income3.30%EFA · $330 on $10k

Smallest drop−8.5%FDEV · worst fall in 1Y

Held in common25.1%EFA and FDEV

EFA

FDEV

iShares MSCI EAFE ETF · $75.5BFidelity International Multifactor ETF · $284M

+18.3%3 years · per year$16,576 · $16,607+18.4%

+8.2%5 years · per year$14,818 · $14,443+7.6%

0.32%Expense ratio$32 · $18 on $10k · lower wins0.18%

3.30%12-mo yield$330 · $330 on $10k3.30%

−11.4%Worst dropSmaller wins−8.5%

16.3%VolatilityLower wins12.5%

1–4FDEV wins

$10,000 · 5 yearsAll four, one scale

Shared top holdingsEFA · FDEV

1.6%ROP.SW1.7%

1.4%NOVN.SW1.5%

1.4%SHEL.L1.7%

1.3%AZN.L1.5%

Held in common25.1%

End-of-day Nov 6, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

All Four

5Y4 funds

#
1	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.51%	−0.4%	+9.7%	+14.8%	+20.3%	+8.7%	−11.6%	$231.6B
2	AEFA	iShares MSCI EAFE ETFRead Desk	0.32%	3.30%	−0.8%	+7.8%	+11.9%	+18.3%	+8.2%	−11.4%	$75.5B
3	BFDEV	Fidelity International Multifactor ETFRead Desk	0.18%	3.30%	−1.2%	+9.2%	+15.8%	+18.4%	+7.6%	−8.5%	$284M
4	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.49%	+2.1%	+8.3%	+8.8%	+19.3%	+6.0%	−17.8%	$142.1B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

All Four

5Y4 funds

#
1	VEA	Vanguard FTSE Developed Markets ETFRead Desk	0.03%	2.51%	−0.4%	+9.7%	+14.8%	+20.3%	+8.7%	−11.6%	$231.6B
2	AEFA	iShares MSCI EAFE ETFRead Desk	0.32%	3.30%	−0.8%	+7.8%	+11.9%	+18.3%	+8.2%	−11.4%	$75.5B
3	BFDEV	Fidelity International Multifactor ETFRead Desk	0.18%	3.30%	−1.2%	+9.2%	+15.8%	+18.4%	+7.6%	−8.5%	$284M
4	IEMG	iShares Core MSCI Emerging Markets ETFRead Desk	0.09%	2.49%	+2.1%	+8.3%	+8.8%	+19.3%	+6.0%	−17.8%	$142.1B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

EFA vs FDEV

EFA

iShares MSCI EAFE

$14,818

FDEV

Fidelity International Multifactor

$14,443

MeasureEFAFDEV

Fee0.32%0.18%

Cost on $10k a year$32$18

Yield3.30%3.30%

5 years, per year+8.2%+7.6%

3 years, per year+18.3%+18.4%

Worst drop · 1Y−11.4%−8.5%

Volatility · 1Y16.3%12.5%

4–1measures won
FDEV first

25.1%

holdings shared

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

VEA vs IEFA

YTD

VanguardVEA

+9.7%

IEFAiShares

+7.7%

+9.7%Year to date+7.7%

2.5%Yield3.5%

$232BAssets$187B

1–1level

End-of-day Nov 6, 2026

VWO vs IEMG

YTD

VanguardVWO

+3.2%

IEMGiShares

+8.3%

+3.2%Year to date+8.3%

2.2%Yield2.5%

$125BAssets$142B

2–0IEMG wins

End-of-day Nov 6, 2026

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

Overlap: EFA, FDEV, IEMG, VEA

Today

63.2%most shared, EFA and VEA

EFAFDEVIEMGVEA

EFA—25.1%0.0%63.2%

FDEV25.1%—0.0%21.4%

IEMG0.0%0.0%—9.5%

VEA63.2%21.4%9.5%—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$312most kept, FDEV

FDEV$330 − $18 = $312

EFA$330 − $32 = $298

VEA$251 − $3 = $248

IEMG$249 − $9 = $240

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee