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ETF comparison

EWA vs PXF

Both International Developed.

iShares MSCI Australia ETF · Invesco RAFI Developed Markets ex-U.S. ETF

Holdings overlap

Weighted by ISIN/CUSIP
4.2 %

34 positions appear in both funds. Buying equal dollars of EWA and PXF would leave roughly 4.2% of each dollar exposed to the same underlying securities.

EWA unmatched 95.1% Shared 4.2% PXF unmatched 95.6%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In EWA only
13 positions
Shared
34 positions
In PXF only
985 positions

Side by side

EWA

iShares MSCI Australia ETF

iShares · International Developed

54 composite / 100
Expense ratio
0.50%
Net assets
$1.25B
TTM yield
2.89%
Top-10 conc.
63.9%
PXF

Invesco RAFI Developed Markets ex-U.S. ETF

Invesco · International Developed

71 composite / 100
Expense ratio
0.43%
Net assets
$3.00B
TTM yield
3.28%
Top-10 conc.
14.6%

Sub-score comparison

50
Cost
57
77
Tax efficiency
76
61
Liquidity
77
23
Concentration
93
—
Tracking quality
—
EWA sub-score PXF

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

PXF is 7 bps cheaper than EWA. On a $100,000 position that's about $70/yr more in fees for EWA.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with EWA vs PXF.

Top shared holdings

34 shared in total
# Holding In EWA In PXF Overlap
1 BHP GROUP LIMITED 15.91% 0.98% 0.98%
2 COMMONWEALTH BANK OF AUSTRALIA 12.74% 0.36% 0.36%
3 ANZ GROUP HOLDINGS LIMITED 5.34% 0.26% 0.26%
4 WESTPAC BANKING CORPORATION 5.63% 0.25% 0.25%
5 WOODSIDE ENERGY GROUP LTD 2.95% 0.25% 0.25%
6 RIO TINTO LIMITED 3.09% 0.24% 0.24%
7 NATIONAL AUSTRALIA BANK LIMITED 5.64% 0.24% 0.24%
8 WESFARMERS LIMITED 4.30% 0.15% 0.15%
9 MACQUARIE GROUP LIMITED 4.32% 0.14% 0.14%
10 FORTESCUE LTD 1.36% 0.13% 0.13%
11 WOOLWORTHS GROUP LIMITED 2.35% 0.12% 0.12%
12 CSL LIMITED 3.96% 0.11% 0.11%

Only in EWA

13 total
  • PLS GROUP LIMITED 0.81%
  • LYNAS RARE EARTHS LIMITED 0.68%
  • SIGMA HEALTHCARE LIMITED 0.66%
  • XERO LIMITED 0.64%
  • THE LOTTERY CORPORATION LIMITED 0.53%
  • ASX LIMITED 0.52%
  • Pro Medicus Limited 0.49%
  • CAR GROUP LIMITED 0.48%
  • REA GROUP LTD 0.45%
  • COCHLEAR LIMITED 0.42%

Only in PXF

985 total
  • Samsung Electronics Co., Ltd. 4.14%
  • Shell PLC 2.10%
  • TotalEnergies SE 1.47%
  • HSBC Holdings PLC 1.37%
  • Roche Holding AG 1.08%
  • Toyota Motor Corp. 0.94%
  • BP PLC 0.92%
  • Glencore PLC 0.83%
  • Novartis AG 0.74%
  • Banco Santander S.A. 0.72%

Percentages are holdings overlap with the named fund.

Open EWA or PXF at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.