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FENIvsEFAETF Comparison

ETF 1

FENI

Fidelity Enhanced International ETF

This fund is part of

DM Large & Mid Cap

-0.14%

Full FENI fund page

VS

ETF 2

EFA

iShares MSCI EAFE ETF

This fund is part of

DM Large & Mid Cap

-0.14%

Full EFA fund page

Fidelity Enhanced International ETF (FENI) and iShares MSCI EAFE ETF (EFA) belong to the same industry segment: DM Large & Mid Cap. Both ETFs have the same top 3 sector exposures: Financials, Industrials and Information Technology. FENI is less expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.32% for EFA. FENI is up 6.66% year-to-date (YTD) with +$2.71B in YTD flows. EFA performs worse with 5.58% YTD performance, and +$354M in YTD flows. Run a side-by-side ETF comparison of FENI and EFA below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FENI vs EFA performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/28/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FENI EFA	+7.08%+8.06%	+0.81%-0.93%	+6.66%+5.58%	+30.83%+23.93%	n/a+51.73%	n/a+50.21%
Flows	FENI EFA	+$459M-	+$2.06B-	+$2.71B+$354M	+$5.60B+$2.59B	-+$4.95B	-+$2.48B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FENI EFA	+18.68%+21.07%	+13.01%+14.69%	n/a+14.71%	n/a+16.13%
Max drawdown	FENI EFA	-10.62%-11.39%	-10.62%-11.39%	n/a-13.68%	n/a-29.40%
Max drawdown duration	FENI EFA	58d61d	58d61d	n/a41d	n/a892d

Trading data

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	FENI	EFA
Last sale 4/29/2026 at 2:48 PM	$38.48	$100.24
Previous close 04/28/2026	$38.78	$100.96
Consolidated volume 04/28/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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FENI

is actively managed and doesn’t replicate an index

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	FENI	EFA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/29/2026 at 2:48 PM

Live

Closed

	FENI	EFA
Last price	$38.48	$100.24
1D performance	-0.79%	-0.71%
AuM	$9.01 B	$74.69 B
E/R	0.28%	0.32%

Characteristics

	FENI	EFA
Management strategy	Active	Passive
Provider	Fidelity	iShares
Benchmark	-	MSCI EAFE Index
N° of holdings	292	649
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 20, 2023	August 14, 2001
ESG	No	No

More FENI data on Trackinsight

More EFA data on Trackinsight

Exposure

Countries

FENI

Japan

22.39%

United Kingdom

12.16%

Germany

9.53%

France

9.09%

Switzerland

8.04%

Netherlands

7.04%

Other

31.75%

EFA

Japan

22.39%

United Kingdom

14.41%

Switzerland

9.4%

France

9.31%

Germany

8.91%

Other

35.58%

Sectors

FENI

Financials

22.01%

Industrials

19.89%

Information Techn.

8.87%

Consumer Discreti.

8.7%

Other

40.52%

EFA

Financials

23.42%

Industrials

18.27%

Information Techn.

8.48%

Consumer Discreti.

8.24%

Health Care

8.02%

Other

33.57%

Diversification

FENI

Total weight of top 15 holdings out of 15

20.6%

EFA

Total weight of top 15 holdings out of 15

17.81%

Top 15 holdings

Data as of March 31, 2026

FENI

ASML HOLDING

3.13%

NOVARTIS

1.56%

HSBC HOLDINGS

1.45%

CH1499059983

1.42%

SIEMENS

1.34%

SHELL PLC

1.30%

IBERDROLA SA

1.23%

SIEMENS ENERGY AG

1.18%

HITACHI

1.18%

DEUTSCHE TELEKOM AG

1.16%

TOYOTA

1.16%

ABB

1.13%

NESTLE SA

1.13%

ROLLS-ROYCE HOLDINGS

1.12%

BANCO SANTANDER SA

1.11%

EFA

ASML HOLDING

2.47%

ASTRAZENECA

1.49%

NOVARTIS

1.41%

HSBC HOLDINGS

1.37%

CH1499059983

1.36%

SHELL PLC

1.33%

NESTLE SA

1.24%

COMMONWEALTH BANK OF AUSTRALIA

0.95%

TOYOTA

0.93%

TOTALENERGIES SE

0.91%

MITSUBISHI UFJ FINANCIAL GROUP

0.91%

SIEMENS

0.89%

SAP SE

0.87%

BHP GROUP LTD

0.87%

BANCO SANTANDER SA

0.79%

Frequently asked questions about FENI and EFA

How have the FENI and EFA ETFs performed in 2026?

As of April 28, 2026, FENI is up 6.66% year-to-date (YTD), while EFA has returned 5.58%. That puts FENI better performer ahead so far this year.

Which ETF is attracting more investor money: FENI or EFA?

Year-to-date, the FENI ETF saw +$2.71B in flows, compared to +$354M for EFA.

Which ETF is more volatile: FENI or EFA?

Over the past year, FENI had a volatility of 13.01%, while EFA experienced 14.69%.

Which ETF is bigger: FENI or EFA?

As of April 28, 2026, FENI holds $9.01 B in assets under management (AUM), while EFA manages $74.69 B.

What sectors do the FENI and EFA ETFs invest in?

FENI leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, EFA focuses on Financials, Industrials and Information Technology.

FENIvsEFAETF Comparison

Fidelity Enhanced International ETF

iShares MSCI EAFE ETF

FENI vs EFA performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FENI and EFA ETFs performed in 2026?

As of April 28, 2026, FENI is up 6.66% year-to-date (YTD), while EFA has returned 5.58%. That puts FENI better performer ahead so far this year.

Which ETF is attracting more investor money: FENI or EFA?

Year-to-date, the FENI ETF saw +$2.71B in flows, compared to +$354M for EFA.

Which ETF is more volatile: FENI or EFA?

Over the past year, FENI had a volatility of 13.01%, while EFA experienced 14.69%.

Which ETF is bigger: FENI or EFA?

As of April 28, 2026, FENI holds $9.01 B in assets under management (AUM), while EFA manages $74.69 B.

What sectors do the FENI and EFA ETFs invest in?

FENI leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, EFA focuses on Financials, Industrials and Information Technology.

What are the top holdings of the FENI ETF and EFA ETF?

FENI top holdings include ASML HOLDING, NOVARTIS and HSBC HOLDINGS. EFA holds in its top three: ASML HOLDING, ASTRAZENECA and NOVARTIS.

Which ETF is more diversified: FENI or EFA?

FENI holds 324 securities with 20.6% of its assets in the top 15. EFA has 690 securities and a top 15 weight of 17.81%.

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