How does the IEFA ETF work?
The iShares Core MSCI EAFE ETF (IEFA) is a passively managed exchange-traded fund that seeks to track the investment results of an index representing developed market equities outside of the United States and Canada. The ETF invests in a diversified portfolio of stocks across various sectors and countries in Europe, Asia, and the Far East. Its objective is to provide investors with broad exposure to international developed markets and replicate the performance of the underlying index.