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OVFvsIEFAETF Comparison

ETF 1

OVF

Overlay Shares Foreign Equity ETF

This fund is part of

Options Strategies

-0.04%

Full OVF fund page

VS

ETF 2

IEFA

iShares Core MSCI EAFE ETF

This fund is part of

DM Blended Cap

-0.19%

Full IEFA fund page

Overlay Shares Foreign Equity ETF (OVF) belongs to the Options Strategies segment. iShares Core MSCI EAFE ETF (IEFA) is part of the DM Blended Cap segment. OVF's top 3 sector exposures are Financials, Industrials and Information Technology. In contrast, IEFA's top sector exposures are Financials, Industrials and Consumer Discretionary. OVF is more expensive with a Total Expense Ratio (TER) of 0.83%, versus 0.07% for IEFA. OVF is up 9.61% year-to-date (YTD) with +$6M in YTD flows. IEFA performs worse with 5.77% YTD performance, and +$5.89B in YTD flows. Run a side-by-side ETF comparison of OVF 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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OVF 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 04/27/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	OVF IEFA	+10.29%+8.10%	+1.74%-0.93%	+9.61%+5.77%	+34.59%+24.83%	+58.69%+52.72%	+51.26%+48.33%
Flows	OVF IEFA	+$2M+$381M	+$4M+$4.50B	+$6M+$5.89B	+$15M+$17.02B	+$14M+$34.84B	+$26M+$51.06B

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	OVF IEFA	+23.67%+20.78%	+15.97%+14.46%	+16.46%+14.57%	+15.78%+16.06%
Max drawdown	OVF IEFA	-11.62%-11.37%	-11.62%-11.37%	-15.72%-13.46%	-30.53%-30.35%
Max drawdown duration	OVF IEFA	61d57d	61d57d	218d40d	1037d906d

Trading data

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	OVF	IEFA
Last sale 4/27/2026 at 1:30 PM	$31.22	$94.66
Previous close 04/27/2026	$31.28	$94.92
Consolidated volume 04/27/2026
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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OVF

is actively managed and doesn’t replicate an index

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

Main metrics

Last update 4/27/2026 at 1:30 PM

Live

Closed

	OVF	IEFA
Last price	$31.22	$94.66
1D performance	-0.21%	-0.27%
AuM	$37.11 M	$177.95 B
E/R	0.83%	0.07%

Characteristics

	OVF	IEFA
Management strategy	Active	Passive
Provider	Overlay Shares	iShares
Benchmark	-	MSCI EAFE IMI Index
N° of holdings	4791	2448
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	September 25, 2019	October 18, 2012
ESG	No	No

More OVF data on Trackinsight

More IEFA data on Trackinsight

Exposure

Countries

OVF

Japan

19.49%

United Kingdom

11.18%

Other

69.33%

IEFA

Japan

24.37%

United Kingdom

13.88%

Switzerland

8.71%

France

8.47%

Germany

8.18%

Australia

7.12%

Other

29.26%

Sectors

OVF

Financials

21.13%

Industrials

16.45%

Information Techn.

12.77%

Consumer Discreti.

8.74%

Other

40.92%

IEFA

Financials

21.73%

Industrials

18.78%

Consumer Discreti.

8.56%

Information Techn.

8.46%

Health Care

7.59%

Other

34.88%

Diversification

OVF

Total weight of top 15 holdings out of 15

14.32%

IEFA

Total weight of top 15 holdings out of 15

15.27%

Top 15 holdings

Data as of March 31, 2026

OVF

TWN SEMICONT MAN

2.30%

ASML HOLDING

1.70%

ASTRAZENECA

1.02%

NOVARTIS

0.97%

HSBC HOLDINGS

0.94%

CH1499059983

0.93%

SHELL PLC

0.91%

SAMSUNG ELECTR

0.88%

NESTLE SA

0.85%

TENCENT HOLDINGS

0.67%

COMMONWEALTH BANK OF AUSTRALIA

0.65%

TOYOTA

0.64%

TOTALENERGIES SE

0.63%

MITSUBISHI UFJ FINANCIAL GROUP

0.62%

SIEMENS

0.61%

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 OVF and IEFA

How have the OVF and IEFA ETFs performed in 2026?

As of April 27, 2026, OVF is up 9.61% year-to-date (YTD), while IEFA has returned 5.77%. That puts OVF better performer ahead so far this year.

Which ETF is attracting more investor money: OVF or IEFA?

Year-to-date, the OVF ETF saw +$6M in flows, compared to +$5.89B for IEFA.

Which ETF is more volatile: OVF or IEFA?

Over the past year, OVF had a volatility of 15.97%, while IEFA experienced 14.46%.

Which ETF is bigger: OVF or IEFA?

As of April 27, 2026, OVF holds $37.11 M in assets under management (AUM), while IEFA manages $177.95 B.

What sectors do the OVF and IEFA ETFs invest in?

OVF 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 OVF ETF and IEFA ETF?

OVF top holdings include TWN SEMICONT MAN, ASML HOLDING and ASTRAZENECA. IEFA holds in its top three: ASML HOLDING, ASTRAZENECA and NOVARTIS.

Which ETF is more diversified: OVF or IEFA?

OVF holds 5235 securities with 14.32% of its assets in the top 15. IEFA has 2621 securities and a top 15 weight of 15.27%.

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

July 7, 2023

IEFA

OVFvsIEFAETF Comparison

Overlay Shares Foreign Equity ETF

iShares Core MSCI EAFE ETF

OVF 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

How have the OVF and IEFA ETFs performed in 2026?

As of April 27, 2026, OVF is up 9.61% year-to-date (YTD), while IEFA has returned 5.77%. That puts OVF better performer ahead so far this year.

Which ETF is attracting more investor money: OVF or IEFA?

Year-to-date, the OVF ETF saw +$6M in flows, compared to +$5.89B for IEFA.

Which ETF is more volatile: OVF or IEFA?

Over the past year, OVF had a volatility of 15.97%, while IEFA experienced 14.46%.

Which ETF is bigger: OVF or IEFA?

As of April 27, 2026, OVF holds $37.11 M in assets under management (AUM), while IEFA manages $177.95 B.

What sectors do the OVF and IEFA ETFs invest in?

OVF 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 OVF ETF and IEFA ETF?

OVF top holdings include TWN SEMICONT MAN, ASML HOLDING and ASTRAZENECA. IEFA holds in its top three: ASML HOLDING, ASTRAZENECA and NOVARTIS.

Which ETF is more diversified: OVF or IEFA?

OVF holds 5235 securities with 14.32% of its assets in the top 15. IEFA has 2621 securities and a top 15 weight of 15.27%.

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

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