Data Source: from January 1970 to September 2023 (~54 years)
Consolidated Returns as of 30 September 2023
Live Update: Oct 02 2023, 04:00PM Eastern Time
Consolidated Returns as of 30 September 2023
Live Update: Oct 02 2023, 04:00PM Eastern Time
Category: Stocks
ETF: iShares MSCI EAFE (EFA)
ETF • LIVE PERFORMANCE (USD currency)
1.47%
1 Day
Oct 02 2023, 04:00PM Eastern Time
1.47%
Current Month
October 2023
In the last 30 Years, the iShares MSCI EAFE (EFA) ETF obtained a 4.56% compound annual return, with a 16.50% standard deviation.
Table of contents
The ETF is related to the following investment themes:
- Asset Class: Equity
- Size: Large Cap
- Style: Blend
- Region: Developed Markets
- Country: EAFE
The iShares MSCI EAFE (EFA) ETF is part of the following Lazy Portfolios:
| Portfolio Name | Author | EFA Weight▾ |
|---|---|---|
| Andrew Tobias Portfolio | Andrew Tobias | 33.33% |
| Robo Advisor 100 | Betterment | 27.30% |
| Nano Portfolio | John Wasik | 20.00% |
| Long Term Portfolio | Ben Stein | 20.00% |
| Mid-Twenties | Burton Malkiel | 17.50% |
| Late Thirties to Early Forties | Burton Malkiel | 16.25% |
| Pinwheel | 15.00% | |
| Mid-Fifties | Burton Malkiel | 14.00% |
| Robo Advisor 50 | Betterment | 13.70% |
| Late Sixties and Beyond | Burton Malkiel | 10.00% |
| 7Twelve Portfolio | Craig Israelsen | 8.33% |
| Robo Advisor 20 | Betterment | 5.60% |
| Robo Advisor 10 | Betterment | 2.80% |
Investment Returns as of Sep 30, 2023
The iShares MSCI EAFE (EFA) ETF guaranteed the following returns.
Returns are calculated in USD, assuming:
- no fees or capital gain taxes.
- the reinvestment of dividends.
ISHARES MSCI EAFE (EFA) ETF
Consolidated returns as of 30 September 2023
Live Update: Oct 02 2023, 04:00PM Eastern Time
Swipe left to see all data
| Chg (%) | Return (%) | Return (%) as of Sep 30, 2023 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Day | Time ET(*) | Oct 2023 | 1M | 6M | 1Y | 5Y | 10Y | 30Y |
MAX
(~54Y) |
|||
| iShares MSCI EAFE (EFA) ETF | -1.47 | -1.47 | -3.65 | -1.85 | 25.82 | 3.21 | 3.74 | 4.56 | 7.92 | |||
| US Inflation Adjusted return | -3.65 | -3.51 | 21.63 | -0.75 | 0.96 | 1.98 | 3.79 | |||||
Returns over 1 year are annualized | Available data source: since Jan 1970
(*) Eastern Time (ET - America/New York)
US Inflation is updated to Aug 2023.
Waiting for updates, inflation of Sep 2023 is set to 0%.
Current inflation (annualized) is
1Y: 3.44%
, 5Y: 3.99%
, 10Y: 2.75%
, 30Y: 2.53%
Live update: World Markets and Indexes
In 2022, the iShares MSCI EAFE (EFA) ETF granted a 2.25% dividend yield. If you are interested in getting periodic income, please refer to the iShares MSCI EAFE (EFA) ETF: Dividend Yield page.
Capital Growth as of Sep 30, 2023
An investment of 1$, since October 1993,
now would be worth 3.81$, with a total return of 280.64% (4.56% annualized).
The Inflation Adjusted Capital now would be 1.80$, with a net total return of 79.89% (1.98% annualized).
The Inflation Adjusted Capital now would be 1.80$, with a net total return of 79.89% (1.98% annualized).
An investment of 1$, since January 1970,
now would be worth 60.29$, with a total return of 5928.73% (7.92% annualized).
The Inflation Adjusted Capital now would be 7.40$, with a net total return of 640.27% (3.79% annualized).
The Inflation Adjusted Capital now would be 7.40$, with a net total return of 640.27% (3.79% annualized).
Readings that may interest you
Investment Metrics as of Sep 30, 2023
Metrics of iShares MSCI EAFE (EFA) ETF, updated as of 30 September 2023.
Metrics are calculated based on monthly returns, assuming:
- no fees or capital gain taxes.
- the reinvestment of dividends.
ISHARES MSCI EAFE (EFA) ETF
Advanced Metrics
Data Source: 1 January 1970 - 30 September 2023 (~54 years)
Swipe left to see all data
| Metrics as of Sep 30, 2023 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | 20Y | 30Y |
MAX
(~54Y) |
|
| Investment Return (%) | -3.65 | -4.94 | -1.85 | 25.82 | 5.72 | 3.21 | 3.74 | 5.80 | 4.56 | 7.92 |
| Infl. Adjusted Return (%) details | -3.65 | -5.53 | -3.51 | 21.63 | 0.06 | -0.75 | 0.96 | 3.15 | 1.98 | 3.79 |
| US Inflation (%) | 0.00 | 0.63 | 1.72 | 3.44 | 5.66 | 3.99 | 2.75 | 2.56 | 2.53 | 3.98 |
| Waiting for updates, inflation of Sep 2023 is temporarily set to 0%. Returns / Inflation rates over 1 year are annualized. | ||||||||||
|
DRAWDOWN
Inflation Adjusted:
Inflation Adjusted:
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Deepest Drawdown Depth (%) | -7.44 | -27.58 | -27.58 | -27.58 | -57.38 | -57.38 | -57.38 | |||
| Start to Recovery (# months) details | 2* | 25* | 25* | 25* | 80 | 80 | 80 | |||
| Start (yyyy mm) | 2023 08 | 2021 09 | 2021 09 | 2021 09 | 2007 11 | 2007 11 | 2007 11 | |||
| Start to Bottom (# months) | 2 | 13 | 13 | 13 | 16 | 16 | 16 | |||
| Bottom (yyyy mm) | 2023 09 | 2022 09 | 2022 09 | 2022 09 | 2009 02 | 2009 02 | 2009 02 | |||
| Bottom to End (# months) | 0 | 12 | 12 | 12 | 64 | 64 | 64 | |||
| End (yyyy mm) | - | - | - | - | 2014 06 | 2014 06 | 2014 06 | |||
| Longest Drawdown Depth (%) | -3.07 |
same as deepest |
same as deepest |
-18.76 |
same as deepest |
same as deepest |
same as deepest |
|||
| Start to Recovery (# months) details | 3 | 35 | ||||||||
| Start (yyyy mm) | 2023 02 | 2021 09 | 2021 09 | 2014 07 | 2007 11 | 2007 11 | 2007 11 | |||
| Start to Bottom (# months) | 1 | 13 | 13 | 20 | 16 | 16 | 16 | |||
| Bottom (yyyy mm) | 2023 02 | 2022 09 | 2022 09 | 2016 02 | 2009 02 | 2009 02 | 2009 02 | |||
| Bottom to End (# months) | 2 | 12 | 12 | 15 | 64 | 64 | 64 | |||
| End (yyyy mm) | 2023 04 | - | - | 2017 05 | 2014 06 | 2014 06 | 2014 06 | |||
| Longest negative period (# months) details | 8* | 30* | 49 | 77 | 155 | 155 | 170 | |||
| Period Start (yyyy mm) | 2023 02 | 2021 04 | 2018 10 | 2013 11 | 2007 05 | 2007 05 | 1989 02 | |||
| Period End (yyyy mm) | 2023 09 | 2023 09 | 2022 10 | 2020 03 | 2020 03 | 2020 03 | 2003 03 | |||
| Annualized Return (%) | -2.83 | -0.73 | -0.35 | -0.32 | -0.05 | -0.05 | -0.10 | |||
| Drawdowns / Negative periods marked with * are in progress | ||||||||||
| Deepest Drawdown Depth (%) | -7.84 | -33.58 | -33.58 | -33.58 | -58.04 | -58.04 | -58.04 | |||
| Start to Recovery (# months) details | 2* | 28* | 28* | 28* | 158 | 158 | 158 | |||
| Start (yyyy mm) | 2023 08 | 2021 06 | 2021 06 | 2021 06 | 2007 11 | 2007 11 | 2007 11 | |||
| Start to Bottom (# months) | 2 | 16 | 16 | 16 | 16 | 16 | 16 | |||
| Bottom (yyyy mm) | 2023 09 | 2022 09 | 2022 09 | 2022 09 | 2009 02 | 2009 02 | 2009 02 | |||
| Bottom to End (# months) | 0 | 12 | 12 | 12 | 142 | 142 | 142 | |||
| End (yyyy mm) | - | - | - | - | 2020 12 | 2020 12 | 2020 12 | |||
| Longest Drawdown Depth (%) | -4.25 |
same as deepest |
same as deepest |
-25.96 |
same as deepest |
same as deepest |
same as deepest |
|||
| Start to Recovery (# months) details | 3 | 35 | ||||||||
| Start (yyyy mm) | 2023 05 | 2021 06 | 2021 06 | 2018 02 | 2007 11 | 2007 11 | 2007 11 | |||
| Start to Bottom (# months) | 1 | 16 | 16 | 26 | 16 | 16 | 16 | |||
| Bottom (yyyy mm) | 2023 05 | 2022 09 | 2022 09 | 2020 03 | 2009 02 | 2009 02 | 2009 02 | |||
| Bottom to End (# months) | 2 | 12 | 12 | 9 | 142 | 142 | 142 | |||
| End (yyyy mm) | 2023 07 | - | - | 2020 12 | 2020 12 | 2020 12 | 2020 12 | |||
| Longest negative period (# months) details | 8* | 34* | 60* | 109 | 200 | 274 | 274 | |||
| Period Start (yyyy mm) | 2023 02 | 2020 12 | 2018 10 | 2013 10 | 2006 02 | 2000 01 | 2000 01 | |||
| Period End (yyyy mm) | 2023 09 | 2023 09 | 2023 09 | 2022 10 | 2022 09 | 2022 10 | 2022 10 | |||
| Annualized Return (%) | -6.53 | -3.32 | -0.75 | -0.51 | -0.19 | -0.09 | -0.09 | |||
| Drawdowns / Negative periods marked with * are in progress | ||||||||||
|
RISK INDICATORS
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Standard Deviation (%) | 18.47 | 18.42 | 18.16 | 14.89 | 17.05 | 16.50 | 17.08 | |||
| Sharpe Ratio | 1.16 | 0.22 | 0.09 | 0.19 | 0.27 | 0.14 | 0.23 | |||
| Sortino Ratio | 1.76 | 0.33 | 0.13 | 0.26 | 0.36 | 0.19 | 0.32 | |||
| Ulcer Index | 2.77 | 9.85 | 9.56 | 9.03 | 17.53 | 18.63 | 16.24 | |||
| Ratio: Return / Standard Deviation | 1.40 | 0.31 | 0.18 | 0.25 | 0.34 | 0.28 | 0.46 | |||
| Ratio: Return / Deepest Drawdown | 3.47 | 0.21 | 0.12 | 0.14 | 0.10 | 0.08 | 0.14 | |||
| % Positive Months details | 58% | 55% | 58% | 59% | 59% | 59% | 59% | |||
| Positive Months | 7 | 20 | 35 | 71 | 143 | 213 | 383 | |||
| Negative Months | 5 | 16 | 25 | 49 | 97 | 147 | 262 | |||
|
LONG TERM RETURNS
Inflation Adjusted:
Inflation Adjusted:
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Best 10 Years Return (%) - Annualized | 3.74 | 9.57 | 9.61 | 24.60 | ||||||
| Worst 10 Years Return (%) - Annualized | 0.59 | -0.59 | -0.59 | |||||||
| Best 10 Years Return (%) - Annualized | 0.96 | 7.67 | 7.67 | 16.99 | ||||||
| Worst 10 Years Return (%) - Annualized | -1.20 | -3.09 | -3.74 | |||||||
|
ROLLING PERIOD RETURNS
Inflation Adjusted:
Inflation Adjusted:
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Over the latest 30Y | ||||||||||
| Best Rolling Return (%) - Annualized | 58.71 | 31.18 | 23.35 | 9.61 | 7.26 | 4.56 | ||||
| Worst Rolling Return (%) - Annualized | -50.02 | -19.65 | -7.41 | -0.59 | 1.87 | |||||
| % Positive Periods | 61% | 76% | 81% | 98% | 100% | 100% | ||||
| Best Rolling Return (%) - Annualized | 56.00 | 27.67 | 19.90 | 7.67 | 4.64 | 1.98 | ||||
| Worst Rolling Return (%) - Annualized | -50.14 | -21.59 | -9.24 | -3.09 | -0.20 | |||||
| % Positive Periods | 58% | 67% | 63% | 81% | 99% | 100% | ||||
| Over all the available data source (Jan 1970 - Sep 2023) | ||||||||||
| Best Rolling Return (%) - Annualized | 90.05 | 60.37 | 42.40 | 24.60 | 16.26 | 12.94 | ||||
| Worst Rolling Return (%) - Annualized | -50.02 | -19.65 | -7.41 | -0.59 | 1.23 | 3.73 | ||||
| % Positive Periods | 67% | 80% | 88% | 99% | 100% | 100% | ||||
| Best Rolling Return (%) - Annualized | 87.10 | 55.65 | 38.06 | 16.99 | 9.76 | 7.52 | ||||
| Worst Rolling Return (%) - Annualized | -50.14 | -21.59 | -9.24 | -3.74 | -1.55 | 1.22 | ||||
| % Positive Periods | 59% | 66% | 67% | 86% | 98% | 100% | ||||
|
WITHDRAWAL RATES (WR)
|
1Y | 3Y | 5Y | 10Y | 20Y | 30Y | MAX | |||
| Safe WR (%) | 36.70 | 20.19 | 10.86 | 8.04 | 4.55 | 4.80 | ||||
| Perpetual WR (%) | 0.06 | 0.00 | 0.95 | 3.06 | 1.94 | 3.66 | ||||
- Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio
- Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.
- Longest negative period: it's the maximum period for which an overall negative return has been observed
- Standard Deviation: it's a measure of the dispersion of returns around the mean
- Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return
- Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation)
- Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio
- Best/Worst 10Y returns: the best and the worst 10-year return over a time frame
- Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
- Safe Withdrawal Rate (SWR): it's the percentage of the original portfolio balance that can be withdrawn at the end of each year with inflation adjustment, without the portfolio running out of money (dollar amount withdrawal).
- Perpetual Withdrawal Rate (PWR): it's the percentage of portfolio balance that can be withdrawn at the end of each year, while retaining the inflation adjusted portfolio balance (percentage withdrawal).
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Correlations as of Sep 30, 2023
Correlation measures to what degree the returns of the two assets move in relation to each other.
Correlation coefficient is a numerical value between -1 and +1. If one variable goes up by a certain amount, the correlation coefficient indicates which way the other variable moves and by how much.
Asset correlations are calculated based on monthly returns.
Asset correlations are calculated based on monthly returns.
Monthly correlations of iShares MSCI EAFE (EFA) ETF vs the main Asset Classes, over different timeframes. Columns are sortable (click on table header to sort).
ISHARES MSCI EAFE (EFA) ETF
Monthly correlations as of 30 September 2023
Swipe left to see all data
| Correlation vs EFA | ||||||
|---|---|---|---|---|---|---|
| Asset Class | 1 Year | 5 Years | 10 Years | 30 Years | Since Jan 1992 |
|
|
VTI
|
US Total Stock Market |
0.80
|
0.90
|
0.87
|
0.83
|
0.80
|
|
SPY
|
US Large Cap |
0.81
|
0.90
|
0.87
|
0.82
|
0.79
|
|
IJR
|
US Small Cap |
0.68
|
0.86
|
0.76
|
0.75
|
0.72
|
|
VNQ
|
US REITs |
0.89
|
0.81
|
0.65
|
0.60
|
0.58
|
|
QQQ
|
US Technology |
0.56
|
0.78
|
0.77
|
0.65
|
0.62
|
|
PFF
|
Preferred Stocks |
0.68
|
0.77
|
0.68
|
0.48
|
0.47
|
|
VT
|
World All Countries |
0.93
|
0.96
|
0.95
|
0.95
|
0.94
|
|
EEM
|
Emerging Markets |
0.88
|
0.84
|
0.82
|
0.80
|
0.77
|
|
VGK
|
Europe |
0.99
|
0.99
|
0.99
|
0.95
|
0.94
|
|
VPL
|
Pacific |
0.95
|
0.96
|
0.93
|
0.89
|
0.89
|
|
FLLA
|
Latin America |
0.65
|
0.68
|
0.64
|
0.70
|
0.68
|
|
BND
|
US Total Bond Market |
0.80
|
0.50
|
0.38
|
0.16
|
0.17
|
|
TLT
|
Long Term Treasuries |
0.75
|
0.12
|
0.03
|
-0.11
|
-0.10
|
|
BIL
|
US Cash |
-0.49
|
-0.08
|
-0.05
|
-0.04
|
-0.04
|
|
TIP
|
TIPS |
0.81
|
0.56
|
0.45
|
0.21
|
0.21
|
|
LQD
|
Invest. Grade Bonds |
0.87
|
0.69
|
0.59
|
0.35
|
0.35
|
|
HYG
|
High Yield Bonds |
0.89
|
0.83
|
0.79
|
0.68
|
0.66
|
|
CWB
|
US Convertible Bonds |
0.72
|
0.80
|
0.79
|
0.77
|
0.75
|
|
BNDX
|
International Bonds |
0.73
|
0.48
|
0.35
|
0.17
|
0.17
|
|
EMB
|
Emerg. Market Bonds |
0.91
|
0.81
|
0.75
|
0.59
|
0.57
|
|
GLD
|
Gold |
0.68
|
0.27
|
0.17
|
0.18
|
0.18
|
|
DBC
|
Commodities |
0.48
|
0.61
|
0.53
|
0.45
|
0.44
|
If you want to learn more about historical correlations, you can find out here how the main asset class are correlated to each other.
Drawdowns
A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.
ISHARES MSCI EAFE (EFA) ETF
Drawdown periods
Drawdown periods - Inflation Adjusted
Data Source: 1 October 1993 - 30 September 2023 (30 Years)
Data Source: 1 January 1970 - 30 September 2023 (~54 years)
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -57.38% | Nov 2007 | Feb 2009 | 16 | Jun 2014 | 64 | 80 | 28.12 |
| -48.22% | Jan 2000 | Mar 2003 | 39 | Sep 2005 | 30 | 69 | 26.62 |
| -27.58% | Sep 2021 | Sep 2022 | 13 | in progress | 12 | 25 | 11.73 |
| -23.01% | Jan 2020 | Mar 2020 | 3 | Nov 2020 | 8 | 11 | 11.48 |
| -18.76% | Jul 2014 | Feb 2016 | 20 | May 2017 | 15 | 35 | 9.02 |
| -17.93% | Feb 2018 | Dec 2018 | 11 | Dec 2019 | 12 | 23 | 8.56 |
| -14.47% | Jun 1998 | Sep 1998 | 4 | Dec 1998 | 3 | 7 | 7.17 |
| -13.15% | Sep 1994 | Feb 1995 | 6 | Mar 1996 | 13 | 19 | 5.48 |
| -11.23% | Aug 1997 | Dec 1997 | 5 | Mar 1998 | 3 | 8 | 6.96 |
| -9.37% | Nov 1993 | Nov 1993 | 1 | Jan 1994 | 2 | 3 | 5.07 |
| -5.79% | May 1996 | Jan 1997 | 9 | May 1997 | 4 | 13 | 3.32 |
| -4.28% | May 1999 | May 1999 | 1 | Jun 1999 | 1 | 2 | 2.47 |
| -3.88% | May 2006 | Jun 2006 | 2 | Oct 2006 | 4 | 6 | 2.39 |
| -3.22% | Jun 2007 | Aug 2007 | 3 | Sep 2007 | 1 | 4 | 1.86 |
| -3.18% | Oct 2005 | Oct 2005 | 1 | Dec 2005 | 2 | 3 | 1.66 |
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -58.04% | Nov 2007 | Feb 2009 | 16 | Dec 2020 | 142 | 158 | 25.29 |
| -52.69% | Jan 2000 | Mar 2003 | 39 | Apr 2006 | 37 | 76 | 29.95 |
| -33.58% | Jun 2021 | Sep 2022 | 16 | in progress | 12 | 28 | 16.80 |
| -14.97% | May 1998 | Sep 1998 | 5 | Dec 1998 | 3 | 8 | 7.08 |
| -14.24% | Sep 1994 | Feb 1995 | 6 | Apr 1996 | 14 | 20 | 6.81 |
| -11.70% | Aug 1997 | Nov 1997 | 4 | Mar 1998 | 4 | 8 | 7.36 |
| -9.43% | Nov 1993 | Nov 1993 | 1 | Jan 1994 | 2 | 3 | 5.11 |
| -7.45% | May 1996 | Jan 1997 | 9 | May 1997 | 4 | 13 | 4.51 |
| -4.54% | May 2006 | Jun 2006 | 2 | Oct 2006 | 4 | 6 | 2.93 |
| -4.28% | May 1999 | May 1999 | 1 | Jun 1999 | 1 | 2 | 2.47 |
| -3.35% | Mar 1994 | Mar 1994 | 1 | Jun 1994 | 3 | 4 | 1.52 |
| -3.21% | Jun 2007 | Aug 2007 | 3 | Sep 2007 | 1 | 4 | 1.91 |
| -2.28% | Feb 1999 | Feb 1999 | 1 | Mar 1999 | 1 | 2 | 1.32 |
| -1.20% | Jan 2021 | Jan 2021 | 1 | Feb 2021 | 1 | 2 | 0.69 |
| -0.65% | Feb 2007 | Feb 2007 | 1 | Mar 2007 | 1 | 2 | 0.38 |
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -57.38% | Nov 2007 | Feb 2009 | 16 | Jun 2014 | 64 | 80 | 28.12 |
| -48.22% | Jan 2000 | Mar 2003 | 39 | Sep 2005 | 30 | 69 | 26.62 |
| -41.73% | Jan 1973 | Sep 1974 | 21 | Sep 1977 | 36 | 57 | 16.13 |
| -31.21% | Jan 1990 | Sep 1990 | 9 | Jan 1994 | 40 | 49 | 20.31 |
| -27.77% | Dec 1980 | Jul 1982 | 20 | Mar 1983 | 8 | 28 | 12.17 |
| -27.58% | Sep 2021 | Sep 2022 | 13 | in progress | 12 | 25 | 11.73 |
| -27.31% | Jan 1970 | Jun 1970 | 6 | Mar 1971 | 9 | 15 | 15.11 |
| -23.01% | Jan 2020 | Mar 2020 | 3 | Nov 2020 | 8 | 11 | 11.48 |
| -18.76% | Jul 2014 | Feb 2016 | 20 | May 2017 | 15 | 35 | 9.02 |
| -17.93% | Feb 2018 | Dec 2018 | 11 | Dec 2019 | 12 | 23 | 8.56 |
| -14.47% | Jun 1998 | Sep 1998 | 4 | Dec 1998 | 3 | 7 | 7.17 |
| -13.46% | Sep 1987 | Oct 1987 | 2 | Mar 1988 | 5 | 7 | 8.36 |
| -13.15% | Sep 1994 | Feb 1995 | 6 | Mar 1996 | 13 | 19 | 5.48 |
| -11.23% | Aug 1997 | Dec 1997 | 5 | Mar 1998 | 3 | 8 | 6.96 |
| -11.03% | Feb 1980 | Mar 1980 | 2 | Jul 1980 | 4 | 6 | 5.29 |
Swipe left to see all data
Drawdown period |
Recovery period |
Total |
|||||
|---|---|---|---|---|---|---|---|
| Drawdown | Start | Bottom | #Months | End | #Months | #Months | Ulcer Index |
| -58.04% | Nov 2007 | Feb 2009 | 16 | Dec 2020 | 142 | 158 | 25.29 |
| -52.69% | Jan 2000 | Mar 2003 | 39 | Apr 2006 | 37 | 76 | 29.95 |
| -51.06% | Jan 1973 | Sep 1974 | 21 | Jan 1985 | 124 | 145 | 24.49 |
| -38.38% | Jan 1990 | Oct 1992 | 34 | Apr 1999 | 78 | 112 | 20.42 |
| -33.58% | Jun 2021 | Sep 2022 | 16 | in progress | 12 | 28 | 16.80 |
| -29.37% | Jan 1970 | Jun 1970 | 6 | Dec 1971 | 18 | 24 | 14.18 |
| -14.13% | Sep 1987 | Oct 1987 | 2 | Mar 1988 | 5 | 7 | 8.97 |
| -10.88% | May 1988 | Aug 1988 | 4 | Nov 1988 | 3 | 7 | 5.90 |
| -9.80% | Mar 1989 | Jun 1989 | 4 | Jul 1989 | 1 | 5 | 5.22 |
| -9.20% | Sep 1986 | Oct 1986 | 2 | Dec 1986 | 2 | 4 | 4.64 |
| -4.54% | May 2006 | Jun 2006 | 2 | Oct 2006 | 4 | 6 | 2.93 |
| -4.28% | May 1999 | May 1999 | 1 | Jun 1999 | 1 | 2 | 2.47 |
| -4.19% | Jun 1987 | Jul 1987 | 2 | Aug 1987 | 1 | 3 | 2.71 |
| -4.13% | Aug 1989 | Aug 1989 | 1 | Sep 1989 | 1 | 2 | 2.39 |
| -4.13% | Oct 1989 | Oct 1989 | 1 | Nov 1989 | 1 | 2 | 2.38 |
Rolling Returns
( more details)
A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.
ISHARES MSCI EAFE (EFA) ETF
Annualized Rolling Returns
Annualized Rolling Returns - Inflation Adjusted
Data Source: 1 October 1993 - 30 September 2023 (30 Years)
Data Source: 1 January 1970 - 30 September 2023 (~54 years)
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -50.02 |
03/2008 02/2009 |
0.49$ | -12.25 | 0.87$ | 6.34 | 1.06$ | 24.48 | 1.24$ | 58.71 |
04/2003 03/2004 |
1.58$ | 25.82 | 38.11% |
| 2Y | -29.65 |
03/2007 02/2009 |
0.49$ | -6.48 | 0.87$ | 5.39 | 1.11$ | 18.53 | 1.40$ | 37.02 |
03/2009 02/2011 |
1.87$ | -2.95 | 26.11% |
| 3Y | -19.65 |
04/2000 03/2003 |
0.51$ | -3.76 | 0.89$ | 5.74 | 1.18$ | 12.51 | 1.42$ | 31.18 |
04/2003 03/2006 |
2.25$ | 5.72 | 23.08% |
| 5Y | -7.41 |
06/2007 05/2012 |
0.68$ | -0.68 | 0.96$ | 4.01 | 1.21$ | 10.01 | 1.61$ | 23.35 |
11/2002 10/2007 |
2.85$ | 3.21 | 18.94% |
| 7Y | -2.53 |
04/1996 03/2003 |
0.83$ | 1.62 | 1.11$ | 4.68 | 1.37$ | 7.09 | 1.61$ | 11.68 |
04/2003 03/2010 |
2.16$ | 5.20 | 4.69% |
| 10Y | -0.59 |
03/1999 02/2009 |
0.94$ | 1.72 | 1.18$ | 5.08 | 1.64$ | 7.34 | 2.03$ | 9.61 |
04/2003 03/2013 |
2.50$ | 3.74 | 1.24% |
| 15Y | 0.51 |
10/2007 09/2022 |
1.07$ | 2.95 | 1.54$ | 4.19 | 1.85$ | 5.38 | 2.19$ | 8.63 |
02/2003 01/2018 |
3.46$ | 4.40 | 0.00% |
| 20Y | 1.87 |
04/2000 03/2020 |
1.44$ | 3.84 | 2.12$ | 4.77 | 2.54$ | 5.87 | 3.13$ | 7.26 |
04/2003 03/2023 |
4.05$ | 5.80 | 0.00% |
| 30Y | 4.56 |
10/1993 09/2023 |
3.80$ | 4.56 | 3.80$ | 4.56 | 3.80$ | 4.56 | 3.80$ | 4.56 |
10/1993 09/2023 |
3.80$ | 4.56 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -50.14 |
03/2008 02/2009 |
0.49$ | -14.97 | 0.85$ | 4.28 | 1.04$ | 21.14 | 1.21$ | 56.00 |
04/2003 03/2004 |
1.55$ | 21.63 | 41.83% |
| 2Y | -31.11 |
03/2007 02/2009 |
0.47$ | -8.64 | 0.83$ | 3.04 | 1.06$ | 15.50 | 1.33$ | 34.17 |
03/2009 02/2011 |
1.80$ | -8.26 | 38.28% |
| 3Y | -21.59 |
04/2000 03/2003 |
0.48$ | -5.97 | 0.83$ | 3.17 | 1.09$ | 9.85 | 1.32$ | 27.67 |
04/2003 03/2006 |
2.08$ | 0.06 | 32.92% |
| 5Y | -9.24 |
06/2007 05/2012 |
0.61$ | -3.01 | 0.85$ | 1.26 | 1.06$ | 7.54 | 1.43$ | 19.90 |
11/2002 10/2007 |
2.47$ | -0.75 | 36.88% |
| 7Y | -4.85 |
04/1996 03/2003 |
0.70$ | -0.51 | 0.96$ | 2.43 | 1.18$ | 4.84 | 1.39$ | 9.05 |
04/2003 03/2010 |
1.83$ | 1.64 | 22.02% |
| 10Y | -3.09 |
03/1999 02/2009 |
0.73$ | -0.29 | 0.97$ | 2.80 | 1.31$ | 4.89 | 1.61$ | 7.67 |
03/2009 02/2019 |
2.09$ | 0.96 | 18.67% |
| 15Y | -1.83 |
10/2007 09/2022 |
0.75$ | 0.62 | 1.09$ | 1.91 | 1.32$ | 3.19 | 1.60$ | 6.41 |
02/2003 01/2018 |
2.53$ | 2.07 | 7.18% |
| 20Y | -0.20 |
04/2000 03/2020 |
0.96$ | 1.64 | 1.38$ | 2.49 | 1.63$ | 3.48 | 1.98$ | 4.64 |
04/2003 03/2023 |
2.47$ | 3.15 | 0.83% |
| 30Y | 1.98 |
10/1993 09/2023 |
1.79$ | 1.98 | 1.79$ | 1.98 | 1.79$ | 1.98 | 1.79$ | 1.98 |
10/1993 09/2023 |
1.79$ | 1.98 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -50.02 |
03/2008 02/2009 |
0.49$ | -10.81 | 0.89$ | 9.76 | 1.09$ | 30.30 | 1.30$ | 90.05 |
09/1985 08/1986 |
1.90$ | 25.82 | 32.65% |
| 2Y | -29.65 |
03/2007 02/2009 |
0.49$ | -4.30 | 0.91$ | 7.99 | 1.16$ | 22.31 | 1.49$ | 74.88 |
05/1985 04/1987 |
3.05$ | -2.95 | 23.47% |
| 3Y | -19.65 |
04/2000 03/2003 |
0.51$ | -1.46 | 0.95$ | 7.10 | 1.22$ | 19.57 | 1.70$ | 60.37 |
06/1984 05/1987 |
4.12$ | 5.72 | 19.34% |
| 5Y | -7.41 |
06/2007 05/2012 |
0.68$ | 0.72 | 1.03$ | 6.70 | 1.38$ | 15.74 | 2.07$ | 42.40 |
08/1982 07/1987 |
5.85$ | 3.21 | 11.60% |
| 7Y | -2.53 |
04/1996 03/2003 |
0.83$ | 2.39 | 1.17$ | 6.56 | 1.56$ | 14.25 | 2.54$ | 33.35 |
08/1982 07/1989 |
7.50$ | 5.20 | 2.31% |
| 10Y | -0.59 |
03/1999 02/2009 |
0.94$ | 3.17 | 1.36$ | 6.58 | 1.89$ | 17.21 | 4.89$ | 24.60 |
05/1977 04/1987 |
9.01$ | 3.74 | 0.57% |
| 15Y | 0.51 |
10/2007 09/2022 |
1.07$ | 3.25 | 1.61$ | 6.74 | 2.65$ | 15.01 | 8.14$ | 21.16 |
10/1974 09/1989 |
17.79$ | 4.40 | 0.00% |
| 20Y | 1.23 |
03/1989 02/2009 |
1.27$ | 4.30 | 2.32$ | 7.26 | 4.05$ | 13.46 | 12.49$ | 16.26 |
07/1970 06/1990 |
20.35$ | 5.80 | 0.00% |
| 30Y | 3.73 |
01/1989 12/2018 |
2.99$ | 4.69 | 3.95$ | 8.75 | 12.39$ | 11.09 | 23.42$ | 12.94 |
07/1970 06/2000 |
38.51$ | 4.56 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
Swipe left to see all data
| Rolling Period |
Worst Period |
15th Percentile |
50th Percentile |
85th Percentile |
Best Period |
Latest | Negative Periods |
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ann. Return |
From To |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
Growth of 1$ |
Ann. Return |
From To |
Growth of 1$ |
|||
| 1Y | -50.14 |
03/2008 02/2009 |
0.49$ | -14.24 | 0.85$ | 4.94 | 1.04$ | 24.79 | 1.24$ | 87.10 |
09/1985 08/1986 |
1.87$ | 21.63 | 40.38% |
| 2Y | -31.11 |
03/2007 02/2009 |
0.47$ | -8.77 | 0.83$ | 3.94 | 1.08$ | 17.48 | 1.38$ | 70.32 |
05/1985 04/1987 |
2.90$ | -8.26 | 37.14% |
| 3Y | -21.59 |
04/2000 03/2003 |
0.48$ | -6.70 | 0.81$ | 3.78 | 1.11$ | 14.92 | 1.51$ | 55.65 |
06/1984 05/1987 |
3.77$ | 0.06 | 33.77% |
| 5Y | -9.24 |
06/2007 05/2012 |
0.61$ | -2.59 | 0.87$ | 2.52 | 1.13$ | 11.15 | 1.69$ | 38.06 |
08/1982 07/1987 |
5.01$ | -0.75 | 32.76% |
| 7Y | -4.85 |
04/1996 03/2003 |
0.70$ | -0.43 | 0.97$ | 3.12 | 1.23$ | 9.06 | 1.83$ | 28.79 |
08/1982 07/1989 |
5.87$ | 1.64 | 19.22% |
| 10Y | -3.74 |
08/1972 07/1982 |
0.68$ | 0.14 | 1.01$ | 3.31 | 1.38$ | 12.50 | 3.24$ | 16.99 |
05/1977 04/1987 |
4.80$ | 0.96 | 13.50% |
| 15Y | -2.50 |
04/1988 03/2003 |
0.68$ | 0.83 | 1.13$ | 3.75 | 1.73$ | 9.59 | 3.94$ | 14.07 |
10/1974 09/1989 |
7.20$ | 2.07 | 7.94% |
| 20Y | -1.55 |
03/1989 02/2009 |
0.73$ | 1.95 | 1.47$ | 4.29 | 2.31$ | 7.89 | 4.56$ | 9.76 |
10/1974 09/1994 |
6.44$ | 3.15 | 1.97% |
| 30Y | 1.22 |
01/1989 12/2018 |
1.43$ | 2.18 | 1.91$ | 5.09 | 4.43$ | 6.43 | 6.48$ | 7.52 |
06/1977 05/2007 |
8.79$ | 1.98 | 0.00% |
| Annualized rolling and percentiles/median returns over full calendar month periods | ||||||||||||||
If you need a deeper detail about rolling returns, please refer to the iShares MSCI EAFE (EFA) ETF: Rolling Returns page.
Seasonality
In which months is it better to invest in iShares MSCI EAFE (EFA) ETF?
Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.
For further information about the seasonality, check the Asset Class Seasonality page.
For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Gain Frequency |
1.68
40% |
-1.90
40% |
-1.41
80% |
1.58
80% |
0.37
60% |
0.82
60% |
1.73
80% |
-1.16
40% |
-3.00
20% |
0.16
60% |
4.91
80% |
1.05
60% |
| Best |
9.0 2023 |
2.5 2019 |
3.1 2023 |
5.8 2020 |
5.4 2020 |
5.9 2019 |
5.2 2022 |
4.7 2020 |
3.2 2019 |
5.9 2022 |
14.3 2020 |
5.0 2020 |
| Worst |
-3.6 2022 |
-7.8 2020 |
-14.1 2020 |
-6.7 2022 |
-5.0 2019 |
-8.7 2022 |
-1.9 2019 |
-6.1 2022 |
-9.2 2022 |
-8.1 2018 |
-4.5 2021 |
-5.4 2018 |
Monthly Seasonality over the period Feb 1970 - Sep 2023
Swipe left to see all data
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Gain Frequency |
0.66
50% |
-0.40
50% |
0.01
60% |
1.94
90% |
0.52
60% |
-0.18
50% |
1.75
80% |
-1.48
40% |
-1.87
40% |
0.98
60% |
2.33
70% |
0.51
60% |
| Best |
9.0 2023 |
6.3 2015 |
6.6 2016 |
5.8 2020 |
5.4 2020 |
5.9 2019 |
5.2 2022 |
4.7 2020 |
3.2 2019 |
6.6 2015 |
14.3 2020 |
5.0 2020 |
| Worst |
-5.5 2016 |
-7.8 2020 |
-14.1 2020 |
-6.7 2022 |
-5.0 2019 |
-8.7 2022 |
-2.6 2014 |
-7.4 2015 |
-9.2 2022 |
-8.1 2018 |
-4.5 2021 |
-5.4 2018 |
Monthly Seasonality over the period Feb 1970 - Sep 2023
Swipe left to see all data
| Monthly Average Return (%) and Gain Frequency | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return (%) | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| Average Gain Frequency |
0.58
52% |
0.43
59% |
1.17
65% |
2.27
74% |
-0.02
46% |
0.06
46% |
1.04
65% |
-0.03
54% |
-0.69
56% |
0.90
57% |
1.41
68% |
2.04
72% |
| Best |
12.2 1975 |
11.1 1991 |
12.7 1986 |
11.5 2009 |
13.2 2009 |
7.4 1986 |
12.2 1989 |
12.1 1982 |
10.0 2010 |
18.0 1974 |
14.3 2020 |
8.9 1971 |
| Worst |
-13.7 2009 |
-10.4 2009 |
-14.1 2020 |
-10.5 1970 |
-11.2 2010 |
-8.8 2008 |
-9.5 2002 |
-12.5 1998 |
-14.2 1990 |
-20.8 2008 |
-10.7 1973 |
-5.4 2018 |
Monthly Seasonality over the period Feb 1970 - Sep 2023
Monthly Returns
This section provides a visual/tabular representation of the performance variability in the iShares MSCI EAFE (EFA) ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.
ISHARES MSCI EAFE (EFA) ETF
Monthly Returns Distribution
Data Source: 1 October 1993 - 30 September 2023 (30 Years)
Data Source: 1 January 1970 - 30 September 2023 (~54 years)
213 Positive Months (59%) - 147 Negative Months (41%)
383 Positive Months (59%) - 262 Negative Months (41%)
Swipe left to see all data
(Scroll down to see all data)
Investment Returns, up to December 2001, are simulated.
They have been derived using the historical series of equivalent ETFs / Assets.
They have been derived using the historical series of equivalent ETFs / Assets.
Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.
Explore historical data since 1871 and fine-tune your investment strategy for better results.
