Developed Markets ETF Overview

The developed markets ex-U.S. total market segment contains what many U.S. investors refer to as international funds—those that exclude the U.S. and cover the market-cap spectrum from large firms to small.

Many funds offer pure cap-weighted vanilla exposure. The two leading funds by AUM, iShares' EFA and Vanguard's VEA, omit Canada from their coverage universe, but otherwise represent the market segment very well.

With 106 ETFs traded in the U.S. markets, Developed Markets ETFs gather total assets under management of $277.04B. The average expense ratio is 0.43%. Developed Markets ETFs can be found in the following asset classes:

  • Equity
  • Fixed Income

The largest Developed Markets ETF is the Vanguard FTSE Developed Markets ETF VEA with $67.08B in assets. In the last trailing year, the best performing Developed Markets ETF was the DPK at 13.30%. The most-recent ETF launched in the Developed Markets space was the Invesco Strategic Developed ex-U.S. Small Company ETF ISDS in 09/12/18.

TOP ETF PERFORMERS

DPK Direxion Daily MSCI Developed Markets Bear 3x Shares 11.20%
EFU ProShares UltraShort MSCI EAFE 7.45%
EFZ ProShares Short MSCI EAFE 3.67%
ISZE iShares Edge MSCI Intl Size Factor ETF 0.18%
DWMF WisdomTree International Multifactor Fund -0.37%

BOTTOM ETF PERFORMERS

DZK Direxion Daily MSCI Developed Markets Bull 3x Shares -11.18%
PIZ Invesco DWA Developed Markets Momentum ETF -8.79%
DHDG WisdomTree Dynamic Currency Hedged International Quality Dividend Growth Fund -6.87%
IQDG WisdomTree International Quality Dividend Growth -6.69%
EFO ProShares Ultra MSCI EAFE -6.47%

TOP CREATIONS

VEA Vanguard FTSE Developed Markets ETF 822.51
IEFA iShares Core MSCI EAFE ETF 535.12
EFV iShares MSCI EAFE Value ETF 353.16
SPDW SPDR Portfolio Developed World ex-US ETF 213.28
FNDF Schwab Fundamental International Large Company Index ETF 119.02

TOP REDEMPTIONS

EFA iShares MSCI EAFE ETF -1,173.07
SCZ iShares MSCI EAFE Small-Cap ETF -396.31
DBEF Xtrackers MSCI EAFE Hedged Equity ETF -56.75
HEFA iShares Currency Hedged MSCI EAFE ETF -38.08
IFGL iShares International Developed Real Estate ETF -28.72

AUM WINNERS

DEFA iShares Adaptive Currency Hedged MSCI EAFE ETF 189.91%
EFZ ProShares Short MSCI EAFE 38.82%
PDN Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF 17.14%
IQLT iShares Edge MSCI Intl Quality Factor ETF 13.73%
FIDI Fidelity International High Dividend ETF 10.31%

AUM LOSERS

DPK Direxion Daily MSCI Developed Markets Bear 3x Shares -54.05%
FYLD Cambria Foreign Shareholder Yield ETF -25.41%
TLDH FlexShares Currency Hedged Morningstar DM ex-US Factor Tilt Index Fund -15.90%
JHMD John Hancock Multifactor Developed International ETF -14.16%
RNDM First Trust Developed International Equity Select ETF -13.44%

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