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

PDEV Top Performer Intra-day
Price $25.49
Today’s Change 4.64%
4:00pm 10/29/2019
HFXI Bottom Performer Intra-day
Price $21.25
Today’s Change -0.37%
4:00pm 11/11/2019

ETF.com Insight

With 64 ETFs and over $272.25B 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 Total Market securities.

Year-to-date, the best-performing ETF in the segment is the WisdomTree International Hedged Quality Dividend Growth Fund (IHDG), with a total return of 28.32%. Meanwhile, the most popular ETF is the Vanguard FTSE Developed Markets ETF (VEA) with $75.62BB in assets under management.

Investors should take a look at the Schwab International Equity ETF (SCHF). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. SCHF tracks the FTSE Developed ex-US Index, a market-cap-weighted index that consists of large- and midcap stocks in developed markets. 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 81 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 0.37% 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 iShares Edge MSCI Intl Quality Factor ETF (IQLT), with a 12-month median tracking difference of 0.00%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Equity: Developed Markets Ex-U.S. - Total Market segment is 60 out of 100, with the iShares Currency Hedged MSCI EAFE ETF(HEFA) obtaining the highest rating of 99 out of 100.

The iShares MSCI EAFE ETF (EFA) is the undisputed segment leader when it comes to liquidity. The fund trades 1.50B in daily average volume. Investors should also find ample liquidity in the iShares Core MSCI EAFE ETF (IEFA), with $440.38M in daily dollar volume.

Use limit orders to trade funds such as the Columbia Sustainable International Equity Income ETF(ESGN), due to their double-digit market spreads.

ETF.com/ Block Liquidity

HEFA
5
4
3
2
1
DBEF
5
4
3
2
1
EFAV
5
4
3
2
1
SPDW
5
4
3
2
1
EFA
5
4
3
2
1
IEFA
5
4
3
2
1
ESGD
5
4
3
2
1
INTF
5
4
3
2
1
VEA
5
4
3
2
1
RODM
5
4
3
2
1
IQLT
5
4
3
2
1
SCHF
5
4
3
2
1
IDLV
5
4
3
2
1
JPIN
5
4
3
2
1
PXF
5
4
3
2
1
IHDG
5
4
3
2
1
FDT
5
4
3
2
1
GSIE
5
4
3
2
1
DWM
5
4
3
2
1
IDEV
5
4
3
2
1
TLTD
5
4
3
2
1
QEFA
5
4
3
2
1
IMTM
5
4
3
2
1
PTIN
5
4
3
2
1
DDWM
5
4
3
2
1
EFAD
5
4
3
2
1
DEFA
5
4
3
2
1
HFXI
5
4
3
2
1
UIVM
5
4
3
2
1
IQDG
5
4
3
2
1
PIZ
5
4
3
2
1
JHMD
5
4
3
2
1
MFDX
5
4
3
2
1
LVHI
5
4
3
2
1
DEEF
5
4
3
2
1
MVIN
5
4
3
2
1
DWMF
5
4
3
2
1
ICOW
5
4
3
2
1
IDHQ
5
4
3
2
1
RIDV
5
4
3
2
1
RWDE
5
4
3
2
1
REFA
5
4
3
2
1
IDMO
5
4
3
2
1
IQIN
5
4
3
2
1
FLQH
5
4
3
2
1
EFAX
5
4
3
2
1
RNDM
5
4
3
2
1
TTAI
5
4
3
2
1
EASG
5
4
3
2
1
IDLB
5
4
3
2
1
ISZE
5
4
3
2
1
PQIN
5
4
3
2
1
FYLD
5
4
3
2
1
NUDM
5
4
3
2
1
PBDM
5
4
3
2
1
IDHD
5
4
3
2
1
ESGN
5
4
3
2
1
QLVD
5
4
3
2
1
PDEV
5
4
3
2
1
AIIQ
5
4
3
2
1
IMOM
5
4
3
2
1
DHDG
5
4
3
2
1
TLDH
5
4
3
2
1
AVDE
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 IMI 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, IDHD follows a Multi-factor strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology