ETF Versus

IEFA vs RSP

iShares Core MSCI EAFE ETF vs Invesco S&P 500 Equal Weight ETF

Last updated: 2026-04-10

IEFA iShares

iShares Core MSCI EAFE ETF (IEFA) is an exchange-traded fund issued by iShares that provides exposure to equities in developed international markets outside the U.S.. It charges a low expense ratio of 0.07%. The fund offers an attractive dividend yield of 3.33%. Launched in 2012, the fund has a 14-year track record.

AUM: $179.4B ER: 0.07% Yield: 3.33% Since: Oct 18, 2012
RSP Invesco

Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. equities across growth and value styles. It charges a moderate expense ratio of 0.20%. The fund offers a moderate dividend yield of 1.58%. Launched in 2003, the fund has a 23-year track record.

AUM: $85.4B ER: 0.20% Yield: 1.58% Since: Apr 24, 2003

Quick Verdict

IEFA is significantly cheaper at 0.07% vs 0.20% expense ratio, saving you approximately $257 per $10,000 invested over 10 years. Over the past year, IEFA has significantly outperformed with a 33.2% return vs 23.4%. Income investors may prefer IEFA for its higher yield (3.3% vs 1.6%).

Key Metrics

Metric IEFA RSP
Expense Ratio 0.07% 0.20%
Dividend Yield 3.3% 1.6%
Fund Family iShares Invesco
Category International Developed US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

70 85 100 115 130 145 2021-04 2022-07 2023-10 2025-01 2026-04
IEFA +29.1%
RSP +35.5%

Performance Comparison

Period IEFA RSP Difference
1 Month +3.15% +0.21% +2.94%
3 Months +2.82% -0.40% +3.22%
6 Months +9.76% +5.38% +4.38%
YTD +5.46% +2.14% +3.32%
1 Year +33.17% +23.42% +9.75%
3 Years +41.47% +35.95% +5.52%
5 Years +29.07% +35.50% -6.43%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period IEFA Fees RSP Fees You Save
$10,000 10 years $140 $396 $257
$10,000 20 years $600 $1,696 $1,096
$10,000 30 years $1,938 $5,443 $3,504
$50,000 10 years $698 $1,982 $1,285
$50,000 30 years $9,692 $27,214 $17,522
$100,000 30 years $19,383 $54,428 $35,045

Risk Metrics

Based on 5 years of daily returns

Metric IEFA RSP
Annualized Volatility 16.7% 16.2%
Max Drawdown -33.1% -22.5%
Sharpe Ratio 0.12 0.18

Dividend Comparison

Metric IEFA RSP
Annual Dividend (per share) $3.18 $3.12
Dividend Yield 3.34% 1.58%
Distribution Frequency Semi-Annual or Annual Quarterly

Top Holdings

0 of top 10 holdings overlap (0% overlap in top holdings)

IEFA Top Holdings

NameWeight
ASML Holding N.V.!ams/ASML2.18%
AstraZeneca PLC!lon/AZN1.26%
HSBC Holdings plc!lon/HSBA1.22%
Novartis AG!swx/NOVN1.16%
Roche Holding AG!swx/ROP1.11%
Shell plc!lon/SHEL1.03%
Nestlé S.A.!swx/NESN1.02%
Commonwealth Bank of Australia!asx/CBA0.84%
Siemens Aktiengesellschaft!etr/SIE0.82%
Mitsubishi UFJ Financial Group, Inc.!tyo/83060.81%

RSP Top Holdings

NameWeight
APA CorporationAPA0.26%
Ciena CorporationCIEN0.26%
Dow Inc.DOW0.24%
Seagate Technology Holdings plcSTX0.24%
Dell Technologies Inc.DELL0.24%
LyondellBasell Industries N.V.LYB0.24%
VeriSign, Inc.VRSN0.23%
Lumentum Holdings Inc.LITE0.23%
Hewlett Packard Enterprise CompanyHPE0.23%
Occidental Petroleum CorporationOXY0.23%

Which One Should You Choose?

Choose IEFA if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose IEFA if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose IEFA if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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