Equity: Developed Markets Ex-U.S. - Total Market

IDHQ Top Performer Intra-day
Price $23.98
Today’s Change +0.29%
4:00pm 12/13/2017
LVHI Bottom Performer Intra-day
Price $28.36
Today’s Change -0.27%
4:00pm 12/13/2017

ETF.com Insight

With 60 ETFs and over $235.74B in combined AUM, the Equity: Developed Markets Ex-U.S. - Total Market segment provides exposure to the Developed Markets Ex-U.S. space with a focus on securities.

Year-to-date, the best-performing ETF in the segment is the MomentumShares International Quantitative Momentum ETF (IMOM), with a total return of 30.68%. Meanwhile, the most popular ETF is the iShares MSCI EAFE ETF (EFA) with $82.64BB in assets under management.

Investors should take a look at the Schwab International Equity ETF (SCHF). This fund has been chosen as the best ETF for the average investor in this market segment, thus carrying the analyst pick badge. SCHF has an expense ratio of 0.06% and tracks the FTSE Developed ex-US Index.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Equity: Developed Markets Ex-U.S. - Total Market segment is 83 out of 100, with the iShares Core MSCI EAFE ETF(IEFA) obtaining the highest rating of 100 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.38% per year, with the SPDR Portfolio Developed World ex-US ETF (SPDW) having the lowest expense ratio, charging investors 0.04% yearly.

Investors should look for funds with tight tracking, such as the PowerShares FTSE RAFI Developed Markets ex-US Portfolio (PXF), with a 12-month median tracking difference of -1.49%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: Developed Markets Ex-U.S. - Total Market segment is 70 out of 100, with the iShares Currency Hedged MSCI EAFE ETF(HEFA) obtaining the highest rating of 98 out of 100.

The iShares MSCI EAFE ETF (EFA) is the undisputed segment leader when it comes to liquidity. The fund trades 1.08B in daily average volume. Investors should also find ample liquidity in the Vanguard FTSE Developed Markets ETF (VEA), with $323.18M in daily dollar volume.

Use limit orders to trade funds such as the PowerShares Developed EuroPacific Currency Hedged Low Vol(FXEP), due to their double-digit market spreads.

ETF.com/ Block Liquidity

HEFA
5
4
3
2
1
VEA
5
4
3
2
1
EFA
5
4
3
2
1
DBEF
5
4
3
2
1
SPDW
5
4
3
2
1
EFAV
5
4
3
2
1
IEFA
5
4
3
2
1
IHDG
5
4
3
2
1
SCHF
5
4
3
2
1
IDLV
5
4
3
2
1
JPIN
5
4
3
2
1
DWM
5
4
3
2
1
PXF
5
4
3
2
1
FDT
5
4
3
2
1
INTF
5
4
3
2
1
DDWM
5
4
3
2
1
TLTD
5
4
3
2
1
ESGD
5
4
3
2
1
GSIE
5
4
3
2
1
PIZ
5
4
3
2
1
EFAD
5
4
3
2
1
IMTM
5
4
3
2
1
IDEV
5
4
3
2
1
RODM
5
4
3
2
1
QEFA
5
4
3
2
1
IQDG
5
4
3
2
1
MVIN
5
4
3
2
1
IQLT
5
4
3
2
1
NUDM
5
4
3
2
1
FLQH
5
4
3
2
1
ISZE
5
4
3
2
1
IDHQ
5
4
3
2
1
ESGN
5
4
3
2
1
ICOW
5
4
3
2
1
IDMO
5
4
3
2
1
EFAX
5
4
3
2
1
DDBI
5
4
3
2
1
IMOM
5
4
3
2
1
JHMD
5
4
3
2
1
LVHI
5
4
3
2
1
ONTL
5
4
3
2
1
RNDM
5
4
3
2
1
DEFA
5
4
3
2
1
REFA
5
4
3
2
1
HFXI
5
4
3
2
1
FXEP
5
4
3
2
1
MFDX
5
4
3
2
1
IDHD
5
4
3
2
1
RBIN
5
4
3
2
1
PBDM
5
4
3
2
1
IDLB
5
4
3
2
1
DEEF
5
4
3
2
1
FYLD
5
4
3
2
1
JPIH
5
4
3
2
1
DHDG
5
4
3
2
1
TLDH
5
4
3
2
1
HEFV
5
4
3
2
1
TTAI
5
4
3
2
1
UIVM
5
4
3
2
1
PXUS
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The MSCI World ex USA Investable Market Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to IDEV. This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, FLQH follows a Currency Hedged Multi-Factor strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology