IEFA vs. SPDW: Broad International Exposure With Different Portfolio Designs

IEFA holds a broader basket, with 2,589 stocks and a similar sector mix: financial services (22%), industrials (20%), and healthcare (11%). Its top holdings—Asml Holding Nv (AMS: ASML.AS) at 1.89%, Roche Holding Par Ag (SIX: ROG.SW) at 1.23%, and Astrazeneca Plc (LSE: AZN.L) at 1.22%—each make up a little over 1% of assets. IEFA’s huge size, with nearly $169 billion in assets under management (AUM), may support liquidity for large investors, while both funds have no structural quirks.SPDW provides exposure ...