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Stockchase Opinions

Larry Berman CFA, CMT, CTAiShares MSCI ACWI ex U.S. ETFACWXCOMMENTDec 15, 2025

VEA vs. EFA vs. ACWX

All have very different exposures, so it's hard to compare them.

VEA includes South Korea, EFA does not. ACWX has Canada in it. VEA is likely the most efficient one for foreign exposure. Don't focus on the MER. Instead, focus on the right exposure for your investment goals. Let the MER be the tiebreaker, all else being equal.

$67.35

Stock price when the opinion was issued

$76.88

As of Jun 15, 2026. Market Open.

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