Expense Ratio History

IEFA vs VEA: fees

iShares Core MSCI EAFE ETF and Vanguard FTSE Developed Markets ETF both track developed stock markets outside the US. VEA is cheaper, at 0.03% against 0.07% for IEFA.

IEFA

iShares Core MSCI EAFE ETF

0.07%

Yearly cost per $10,000
$7
Fund company
iShares
Type
ETF
Read on
19 October 2026
Last change
0.08% to 0.07%, 20 Jun 2019

VEA

Vanguard FTSE Developed Markets ETF

0.03%

Yearly cost per $10,000
$3
Fund company
Vanguard
Type
ETF
Read on
19 October 2026
Last change
0.06% to 0.03%, 30 Apr 2024

What the difference costs

On $10,000 held for 10 years at a steady 5% return, IEFA's fee costs about $90 and VEA's about $39, a difference of $51. The gap is 4 basis points a year, or $4 a year on every $10,000.

Fees are one fact among many. The two funds may differ in structure, minimums, tax treatment and tracking, and this site doesn't compare any of that. Each fund's page has its fee history and sources.

Fee history

IEFA
IEFA expense ratio: 0.14% until 9 Dec 2014, then 0.12%; 0.12% until 5 Oct 2016, then 0.08%; 0.08% until 20 Jun 2019, then 0.07%; read at 0.07% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Oct 2012Mar 2015Aug 2017Jan 2020Jun 2022Nov 20240.14% before0.07% from 20 Jun 2019
IEFA expense ratio: 0.14% until 9 Dec 2014, then 0.12%; 0.12% until 5 Oct 2016, then 0.08%; 0.08% until 20 Jun 2019, then 0.07%; read at 0.07% on 19 Oct 2026.0.00%0.05%0.10%0.15%0.20%Oct 2012Jul 2017Apr 20220.14% before0.07% from 20 Jun 2019
VEA
VEA expense ratio: 0.09% until 26 Apr 2017, then 0.07%; 0.07% until 26 Apr 2019, then 0.05%; 0.05% until 26 Apr 2024, then 0.06%; 0.06% until 30 Apr 2024, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.05%0.10%0.15%Apr 2016Feb 2018Dec 2019Oct 2021Aug 2023Jun 20250.09% before0.03% from 30 Apr 2024
VEA expense ratio: 0.09% until 26 Apr 2017, then 0.07%; 0.07% until 26 Apr 2019, then 0.05%; 0.05% until 26 Apr 2024, then 0.06%; 0.06% until 30 Apr 2024, then 0.03%; read at 0.03% on 19 Oct 2026.0.00%0.05%0.10%0.15%Apr 2016Nov 2019Jun 20230.09% before0.03% from 30 Apr 2024

All developed markets funds we track

Compare them all