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Compare iShares Core MSCI EAFE IMI Index ETF (XEF) vs Global X MSCI EAFE Index ETF (EAFX) to find the best fit for your portfolio. XEF and EAFX provide the same top sector exposures: Financials, Industrials, and Information Technology. When evaluating costs, XEF features a management fee (MER) of 0.2%, compared to 0.2% for EAFX. Performance-wise, XEF has returned 10.69% year-to-date with +$3 B in net flows, whereas EAFX is at 7.37% with +$28 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
XEF
EAFX
| AuM | $21,583.89 M | $172.61 M |
| Management Fees | 0.20% | 0.20% |
| Exp. ratio | 0.23% | 0.22% |
| Tracking Difference | 0.01% | -0.69% |
Historical performance and flows
As of June 4, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XEF | +5.46% | +6.26% | +10.69% | +23.31% | +64.80% |
EAFX | +1.69% | +3.98% | +7.37% | +19.23% | - | |
| Flows | XEF | +$464 M | +$1,546 M | +$3,196 M | +$6,305 M | +$10,148 M |
EAFX | +$1 M | +$15 M | +$28 M | +$45 M | - |
XEF vs EAFX exposure
Countries
XEF
Japan
24.72%
United Kingdom
13.85%
Switzerland
8.56%
France
8.29%
Germany
8.26%
Australia
7.14%
Other
29.19%
EAFX
Japan
24.77%
United Kingdom
13.83%
Switzerland
8.59%
France
8.30%
Germany
8.28%
Australia
7.14%
Other
29.09%
Sectors
XEF
Financials
21.98%
Industrials
19.21%
Information Technology
9.35%
Consumer Discretionary
8.38%
Health Care
7.01%
Other
34.06%
EAFX
Financials
22.00%
Industrials
19.26%
Information Technology
9.40%
Consumer Discretionary
8.45%
Health Care
7.01%
Other
33.89%
As of June 4, 2026
Top 10 Holdings
XEF
ASML HOLDING
2.21%
HSBC HOLDINGS
1.24%
ASTRAZENECA
1.17%
CH1499059983
1.13%
NOVARTIS
1.11%
NESTLE SA
1.03%
SHELL PLC
1.02%
SIEMENS
0.89%
COMMONWEALTH BANK OF AUSTRALIA
0.83%
MITSUBISHI UFJ FINANCIAL GROUP
0.80%
EAFX
ASML HOLDING
2.21%
HSBC HOLDINGS
1.25%
ASTRAZENECA
1.16%
CH1499059983
1.13%
NOVARTIS
1.12%
NESTLE SA
1.03%
SHELL PLC
1.02%
SIEMENS
0.89%
COMMONWEALTH BANK OF AUSTRALIA
0.83%
MITSUBISHI UFJ FINANCIAL GROUP
0.80%
Diversification
XEF
Total weight of top 10 holdings out of 2,646 total
11.43%
EAFX
Total weight of top 10 holdings out of 2,613 total
11.44%
Characteristics
Compare
XEF
EAFX
| Provider | iShares | Global X |
| Management | Passively managed | Passively managed |
| Benchmark | MSCI EAFE IMI Net Total Return Index - CAD | MSCI EAFE Net Total Return Index - USD |
| Replication Method | Direct (Physical) | |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 2.21% | 2.58% |
| Meets ESG criteria | No | No |
| Inception Date | April 10, 2013 | May 15, 2024 |
Frequently asked questions about XEF and EAFX
Which ETF has performed better year to date: XEF or EAFX?
As of June 4, 2026, XEF has returned 10.69% year to date, while EAFX has returned 7.37%. XEF is ahead on YTD performance.
Which ETF is larger by assets under management: XEF or EAFX?
As of June 4, 2026, XEF manages $21.58 B in assets, while EAFX manages $172.61 M. XEF is the larger fund by AUM.
How are XEF and EAFX managed?
XEF is passively managed by iShares. It tracks the MSCI EAFE IMI Net Total Return Index - CAD benchmark. EAFX is passively managed by Global X. It tracks the MSCI EAFE Net Total Return Index - USD benchmark.
What sectors do XEF and EAFX emphasize?
XEF is most exposed to Financials, Industrials, and Information Technology. EAFX is most exposed to Financials, Industrials, and Information Technology.
Which ETF is attracting more investor flows: XEF or EAFX?
Year to date, XEF has seen +$3,196.21 M in net flows, compared with +$28.44 M for EAFX. XEF has attracted more net investor money so far.
How do the fees of XEF and EAFX compare?
XEF has an expense ratio of 0.23%, while EAFX has an expense ratio of 0.22%.
What are the top holdings of XEF and EAFX?
XEF's largest holdings include ASML HOLDING and HSBC HOLDINGS. EAFX's top holdings include ASML HOLDING and HSBC HOLDINGS.
Which ETF is more diversified: XEF or EAFX?
XEF holds 2464 securities, while EAFX holds 2438. On holdings count, XEF is the more diversified portfolio.
Recent articles about XEF and EAFX
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