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

PQIN Top Performer Intra-day
Price $51.73
Today’s Change 0.67%
1:49pm 05/10/2019
ESGN Bottom Performer Intra-day
Price $24.62
Today’s Change -2.09%
10:00am 07/18/2019

ETF.com Insight

With 61 ETFs and over $259.60B 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 AI Powered International Equity ETF (AIIQ), with a total return of 21.88%. Meanwhile, the most popular ETF is the Vanguard FTSE Developed Markets ETF (VEA) with $72.57BB 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 82 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 Invesco PureBeta FTSE Developed ex-North America ETF (PBDM), 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 59 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 1.54B in daily average volume. Investors should also find ample liquidity in the iShares Core MSCI EAFE ETF (IEFA), with $406.51M 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
EFA
5
4
3
2
1
VEA
5
4
3
2
1
IEFA
5
4
3
2
1
SPDW
5
4
3
2
1
INTF
5
4
3
2
1
RODM
5
4
3
2
1
SCHF
5
4
3
2
1
JPIN
5
4
3
2
1
IDLV
5
4
3
2
1
PXF
5
4
3
2
1
GSIE
5
4
3
2
1
ESGD
5
4
3
2
1
IQLT
5
4
3
2
1
FDT
5
4
3
2
1
DWM
5
4
3
2
1
IDEV
5
4
3
2
1
IMTM
5
4
3
2
1
TLTD
5
4
3
2
1
QEFA
5
4
3
2
1
DDWM
5
4
3
2
1
EFAD
5
4
3
2
1
HFXI
5
4
3
2
1
PIZ
5
4
3
2
1
DEFA
5
4
3
2
1
UIVM
5
4
3
2
1
DWMF
5
4
3
2
1
MFDX
5
4
3
2
1
RWDE
5
4
3
2
1
REFA
5
4
3
2
1
ICOW
5
4
3
2
1
JHMD
5
4
3
2
1
DEEF
5
4
3
2
1
LVHI
5
4
3
2
1
IQIN
5
4
3
2
1
RNDM
5
4
3
2
1
EFAX
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
NUDM
5
4
3
2
1
PBDM
5
4
3
2
1
IDMO
5
4
3
2
1
FYLD
5
4
3
2
1
IDHD
5
4
3
2
1
ESGN
5
4
3
2
1
RIDV
5
4
3
2
1
AIIQ
5
4
3
2
1
IDHQ
5
4
3
2
1
MVIN
5
4
3
2
1
IMOM
5
4
3
2
1
FLQH
5
4
3
2
1
IHDG
5
4
3
2
1
TTAI
5
4
3
2
1
IQDG
5
4
3
2
1
DHDG
5
4
3
2
1
TLDH
5
4
3
2
1
QLVD
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, AIIQ follows a Active strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology