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IBFRvsIEFAETF Comparison

ETF 1

IBFR

Innovator International Developed Managed 10 Buffer ETF

This fund is part of

Options Strategies

+1.5%

Full IBFR fund page

VS

ETF 2

IEFA

iShares Core MSCI EAFE ETF

This fund is part of

DM Blended Cap

+2.68%

Full IEFA fund page

Innovator International Developed Managed 10 Buffer ETF (IBFR) belongs to the Options Strategies segment. iShares Core MSCI EAFE ETF (IEFA) is part of the DM Blended Cap segment. IBFR's top 3 sector exposures are Finance, Technology and Industrials. In contrast, IEFA's top sector exposures are Finance, Industrials and Technology. IBFR is more expensive with a Total Expense Ratio (TER) of 0.85%, versus 0.07% for IEFA. Run a side-by-side ETF comparison of IBFR and IEFA 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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IBFR vs IEFA 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 07/30/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IBFR IEFA	+0.94%+2.38%	+3.73%+5.04%	n/a+12.55%	n/a+24.46%	n/a+57.56%	n/a+54.69%
Flows	IBFR IEFA	-+$633M	-+$5.19B	-+$11.08B	-+$19.00B	-+$38.09B	-+$49.37B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IBFR IEFA	+9.97%+16.62%	n/a+15.63%	n/a+14.95%	n/a+16.25%
Max drawdown	IBFR IEFA	-2.30%-3.62%	n/a-11.37%	n/a-13.46%	n/a-30.35%
Max drawdown duration	IBFR IEFA	9d17d	n/a103d	n/a40d	n/a906d

Trading data

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	IBFR	IEFA
Last sale 7/31/2026 at 1:30 PM		$98.25
Previous close 07/30/2026		$98.88
Consolidated volume 07/30/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of June 30, 2026

1-year trailing difference

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IBFR

is actively managed and doesn’t replicate an index

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	IBFR	IEFA
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 7/31/2026 at 1:30 PM

Live

Closed

	IBFR	IEFA
Last price	–	$98.25
1D performance	–	-0.64%
AuM	$15.10 M	$191.63 B
E/R	0.85%	0.07%

Characteristics

	IBFR	IEFA
Management strategy	Active	Passive
Provider	Innovator	iShares
Benchmark	-	MSCI EAFE IMI Index
N° of holdings	286	2592
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	February 24, 2026	October 18, 2012
ESG	No	No

More IBFR data on Trackinsight

More IEFA data on Trackinsight

Exposure

Countries

IBFR

Japan

25.16%

United Kingdom

12.22%

Switzerland

9%

Germany

7.5%

France

7.4%

Other

38.72%

IEFA

Japan

25.36%

United Kingdom

13.27%

Switzerland

9.34%

France

8.11%

Germany

8%

Other

35.93%

Sectors

IBFR

Finance

23.65%

Technology

14.15%

Industrials

14.12%

Healthcare

9.33%

Consumer Non-Cycl.

7.52%

Other

31.23%

IEFA

Finance

26.11%

Industrials

16.39%

Technology

13.77%

Healthcare

9.41%

Consumer Non-Cycl.

7.9%

Non-Energy Materi.

7.54%

Other

18.88%

Diversification

IBFR

Total weight of top 15 holdings out of 15

18.48%

IEFA

Total weight of top 15 holdings out of 15

16.07%

Top 15 holdings

Data as of June 30, 2026

IBFR

ASML Holding NV

2.83%

HSBC Holdings Plc

1.45%

Novartis AG

1.43%

AstraZeneca PLC

1.27%

Nestlé SA

1.26%

Roche Holding AG

1.24%

Mitsubishi UFJ Financial Group, Inc.

1.20%

Kioxia Holdings Corp.

1.14%

Siemens AG

1.07%

Shell Plc

1.06%

Allianz SE

0.96%

BHP Group Ltd.

0.92%

Tokyo Electron Ltd.

0.90%

Iberdrola SA

0.88%

Commonwealth Bank of Australia

0.87%

IEFA

ASML Holding NV

3.03%

HSBC Holdings Plc

1.29%

Roche Holding AG

1.15%

Novartis AG

1.14%

AstraZeneca PLC

1.12%

Nestlé SA

1.05%

Siemens AG

0.95%

Shell Plc

0.87%

Tokyo Electron Ltd.

0.84%

Mitsubishi UFJ Financial Group, Inc.

0.84%

BHP Group Ltd.

0.83%

Banco Santander SA

0.78%

Commonwealth Bank of Australia

0.76%

Allianz SE

0.71%

Schneider Electric SE

0.71%

Frequently asked questions about IBFR and IEFA

Which ETF is bigger: IBFR or IEFA?

As of July 30, 2026, IBFR holds $15.10 M in assets under management (AUM), while IEFA manages $191.63 B.

What sectors do the IBFR and IEFA ETFs invest in?

IBFR leans toward sectors like Finance, Technology and Industrials. Meanwhile, IEFA focuses on Finance, Industrials and Technology.

What are the top holdings of the IBFR ETF and IEFA ETF?

IBFR top holdings include ASML Holding NV, HSBC Holdings Plc and Novartis AG. IEFA holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.

Which ETF is more diversified: IBFR or IEFA?

IBFR holds 289 securities with 18.48% of its assets in the top 15. IEFA has 2616 securities and a top 15 weight of 16.07%.

ETF Insights: Top 5 Fund Flows and Segments for June 2023

July 7, 2023

IEFA

IBFRvsIEFAETF Comparison

Innovator International Developed Managed 10 Buffer ETF

iShares Core MSCI EAFE ETF

IBFR vs IEFA 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

Which ETF is bigger: IBFR or IEFA?

As of July 30, 2026, IBFR holds $15.10 M in assets under management (AUM), while IEFA manages $191.63 B.

What sectors do the IBFR and IEFA ETFs invest in?

IBFR leans toward sectors like Finance, Technology and Industrials. Meanwhile, IEFA focuses on Finance, Industrials and Technology.

What are the top holdings of the IBFR ETF and IEFA ETF?

IBFR top holdings include ASML Holding NV, HSBC Holdings Plc and Novartis AG. IEFA holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.

Which ETF is more diversified: IBFR or IEFA?

IBFR holds 289 securities with 18.48% of its assets in the top 15. IEFA has 2616 securities and a top 15 weight of 16.07%.

ETF Insights: Top 5 Fund Flows and Segments for June 2023

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