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 108 ETFs traded in the U.S. markets, Developed Markets ETFs gather total assets under management of $295.36B. The average expense ratio is 0.42%. 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 $71.75B in assets. In the last trailing year, the best performing Developed Markets ETF was the FLQH at 8.47%. The most-recent ETF launched in the Developed Markets space was the Fidelity Targeted International Factor ETF FDEV in 02/26/19.

TOP ETF PERFORMERS

DZK Direxion Daily MSCI Developed Markets Bull 3x Shares 10.74%
ISDX Invesco RAFI Strategic Developed ex-US ETF 7.81%
EFO ProShares Ultra MSCI EAFE 7.01%
IVAL Alpha Architect International Quantitative Value ETF 6.08%
ICOW Pacer Developed Markets International Cash Cows 100 ETF 5.10%

BOTTOM ETF PERFORMERS

DPK Direxion Daily MSCI Developed Markets Bear 3x Shares -10.49%
EFU ProShares UltraShort MSCI EAFE -7.04%
EFZ ProShares Short MSCI EAFE -3.52%
ISHG iShares 1-3 Year International Treasury Bond ETF 0.10%
IGOV iShares International Treasury Bond ETF 0.41%

TOP CREATIONS

IEFA iShares Core MSCI EAFE ETF 2.67K
SPDW SPDR Portfolio Developed World ex-US ETF 290.71
VEA Vanguard FTSE Developed Markets ETF 287.19
SCHF Schwab International Equity ETF 196.49
EFAV iShares Edge MSCI Min Vol EAFE ETF 148.69

TOP REDEMPTIONS

EFA iShares MSCI EAFE ETF -2,185.06
EFG iShares MSCI EAFE Growth ETF -152.76
DBEF Xtrackers MSCI EAFE Hedged Equity ETF -111.51
WPS iShares International Developed Property ETF -105.34
HEFA iShares Currency Hedged MSCI EAFE ETF -46.91

AUM WINNERS

DPK Direxion Daily MSCI Developed Markets Bear 3x Shares 165.14%
DDLS WisdomTree Dynamic Currency Hedged International SmallCap Equity Fund 18.64%
IDLV Invesco S&P International Developed Low Volatility ETF 17.50%
ESGD iShares ESG MSCI EAFE ETF 13.03%
TTAI TrimTabs All Cap International Free-Cash-Flow ETF 9.15%

AUM LOSERS

PPDM PortfolioPlus Developed Markets ETF -88.55%
EFZ ProShares Short MSCI EAFE -48.42%
PQIN PGIM QMA Strategic Alpha International Equity ETF -15.16%
IDHQ Invesco S&P International Developed Quality ETF -14.74%
IDLB Invesco FTSE International Low Beta Equal Weight ETF -7.40%

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