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IBFRvsIEFAETF Comparison

ETF 1
IBFR

Innovator International Developed Managed 10 Buffer ETF

This fund is part of
Options Strategies
+0.17%
VS
ETF 2
IEFA

iShares Core MSCI EAFE ETF

This fund is part of
DM Blended Cap
+0.36%

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 Financials, Industrials and Information Technology. In contrast, IEFA's top sector exposures are Financials, Industrials and Consumer Discretionary. IBFR is more expensive with a Total Expense Ratio (TER) of 0.79%, 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

-20246810%Mar 24Mar 31Apr 8Apr 15Apr 22

Cumulative Flows

0 M100 M200 M300 M400 MMar 24Mar 31Apr 8Apr 15Apr 22

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

Historic performance and flows
Data as of 04/24/2026
1M3MYTD1Y3Y5Y
Perf.
IBFR
IEFA
+0.86%+6.98%
n/a+1.13%
n/a+6.25%
n/a+26.71%
n/a+52.86%
n/a+48.48%
Flows
IBFR
IEFA
-+$381M
-+$4.50B
-+$5.89B
-+$17.02B
-+$34.84B
-+$51.06B
Volatility and drawdown
3M1Y3Y5Y
Volatility
IBFR
IEFA
n/a+21.02%
n/a+14.44%
n/a+14.58%
n/a+16.06%
Max drawdown
IBFR
IEFA
n/a-11.37%
n/a-11.37%
n/a-13.46%
n/a-30.35%
Max drawdown duration
IBFR
IEFA
n/a54d
n/a54d
n/a40d
n/a906d
Trading data

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IBFR
IEFA
Last sale
4/24/2026 at 1:30 PM
$94.92
Previous close
04/23/2026
$94.48
Consolidated volume
04/23/2026
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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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
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Main metrics
Last update 4/24/2026 at 1:30 PM
Live
Closed
IBFR
IEFA
Last price
$94.92
1D performance
+0.47%
AuM$4.85 M$178.75 B
E/R0.79%0.07%
Characteristics
IBFR
IEFA
Management strategyActivePassive
ProviderInnovatoriShares
Benchmark-MSCI EAFE IMI Index
N° of holdings2662448
Asset class-Equities
Trailing 12m distribution yield
Join
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Inception dateFebruary 24, 2026October 18, 2012
ESGNoNo
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Exposure

Countries

IBFR
Japan
22.59%
United Kingdom
12.93%
Germany
7.53%
France
7.45%
Other
49.5%
IEFA
Japan
24.37%
United Kingdom
13.88%
Switzerland
8.71%
France
8.47%
Germany
8.18%
Australia
7.12%
Other
29.26%

Sectors

IBFR
Financials
19.07%
Industrials
17.02%
Information Techn.
8.13%
Consumer Discreti.
7.68%
Other
48.1%
IEFA
Financials
21.73%
Industrials
18.78%
Consumer Discreti.
8.56%
Information Techn.
8.46%
Health Care
7.59%
Other
34.88%
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Diversification

IBFR

Total weight of top 15 holdings out of 15

16.54%
IEFA

Total weight of top 15 holdings out of 15

15.27%

Top 15 holdings

Data as of March 31, 2026
IBFR
ASML HOLDING
2.22%
NOVARTIS
1.39%
SHELL PLC
1.35%
ASTRAZENECA
1.35%
HSBC HOLDINGS
1.27%
NESTLE SA
1.24%
TOYOTA
0.96%
TOTALENERGIES SE
0.95%
COMMONWEALTH BANK OF AUSTRALIA
0.90%
ALLIANZ SE
0.87%
MITSUBISHI UFJ FINANCIAL GROUP
0.85%
SIEMENS
0.83%
SAP SE
0.82%
BHP GROUP LTD
0.79%
IBERDROLA SA
0.75%
IEFA
ASML HOLDING
2.12%
ASTRAZENECA
1.27%
NOVARTIS
1.21%
HSBC HOLDINGS
1.17%
CH1499059983
1.17%
SHELL PLC
1.14%
NESTLE SA
1.07%
COMMONWEALTH BANK OF AUSTRALIA
0.82%
TOYOTA
0.80%
TOTALENERGIES SE
0.78%
MITSUBISHI UFJ FINANCIAL GROUP
0.78%
SIEMENS
0.76%
SAP SE
0.75%
BHP GROUP LTD
0.74%
BANCO SANTANDER SA
0.68%
Frequently asked questions about IBFR and IEFA

Which ETF is bigger: IBFR or IEFA?

As of April 24, 2026, IBFR holds $4.85 M in assets under management (AUM), while IEFA manages $178.75 B.

What sectors do the IBFR and IEFA ETFs invest in?

IBFR leans toward sectors like Financials, Industrials and Information Technology. Meanwhile, IEFA focuses on Financials, Industrials and Consumer Discretionary.

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

IBFR top holdings include ASML HOLDING, NOVARTIS and SHELL PLC. IEFA holds in its top three: ASML HOLDING, ASTRAZENECA and NOVARTIS.

Which ETF is more diversified: IBFR or IEFA?

IBFR holds 281 securities with 16.54% of its assets in the top 15. IEFA has 2621 securities and a top 15 weight of 15.27%.

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