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iShares MSCI EAFE E.T.F.EFACOMMENTDec 04, 2018Stock price when the opinion was issued
As of Jun 15, 2026. Market Open.
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.
This holds Japan, UK, Germany, European countries. If Japan and Germany are going to be accommodating their monetary policies, it looks ideal to be investing in European equities right now, particularly since we do have the favourable seasonal trend ahead of us. Markets around the globe tend to benefit from the positive 6 months’ seasonal trend from October to May. Everything looks set up for European markets to now outperform the S&P 500.