IEFA vs OVF
iShares Core MSCI EAFE ETF compared with Overlay Shares Foreign Equity ETF on yield, payout growth, payment schedule, cost and risk.
IEFA
iShares Core MSCI EAFE ETF
TTM yield · Semi-annual
OVF
Overlay Shares Foreign Equity ETF
TTM yield · Monthly
Quick take
- OVF yields more today: 10.03% vs 3.14% (forward).
- OVF has grown its payout faster: 18.1%/yr vs 14.1%/yr over the last 5 years.
- IEFA pays twice a year; OVF pays every month.
- Over the last year OVF delivered the higher total return: +23.5% vs +21.4% (price change plus payouts).
- IEFA is cheaper to own: 0.07% vs 0.83% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | IEFA | OVF |
|---|---|---|
| Share price | $100.49 | $32.38 |
| TTM yield | 3.27% | 7.13% |
| Forward yield | 3.14% | 10.03% |
| Annual payout per share | $3.156 | $3.249 |
| Payment frequency | Semi-annual | Monthly |
| Next ex-date | Dec 14, 2026 (est.) | Sep 26, 2026 (est.) |
| Expense ratio | 0.07% | 0.83% |
| 1-year payout growth | +26.6% | +72.7% |
| 5-year payout CAGR | +14.1% | +18.1% |
| Consecutive years of increases | 4 years | 0 years |
| Payout consistency (last 12) | 60/100 | 58/100 |
| 1-year total return | +21.4% | +23.5% |
| 1-year price return | +17.5% | +15.3% |
| Size (market cap / AUM) | 194.4B | 61.3M |
| Years paying | 13.7 | 6.7 |
| Sector / category | Foreign Large Blend | Foreign Large Blend |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| IEFA | OVF | |
|---|---|---|
| Shares | 99.5 | 308.8 |
| Income per year | $314 | $1,003 |
| Income per month (avg) | $26 | $84 |
At forward yields, before taxes. Model IEFA · Model OVF
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| IEFA Dec 14, 2026 | Dec 28, 2026 | $1.578 | Est. |
| IEFA Jun 14, 2027 | Jun 28, 2027 | $1.578 | Est. |
| OVF Sep 26, 2026 | Oct 10, 2026 | $0.2707 | Est. |
| OVF Oct 26, 2026 | Nov 9, 2026 | $0.2707 | Est. |
| OVF Nov 25, 2026 | Dec 9, 2026 | $0.2707 | Est. |
Annual payouts per share
IEFAOVF
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, IEFA or OVF?
OVF currently has the higher trailing yield: IEFA yields 3.27% and OVF yields 7.13%. Yield changes daily with price, so check the live figures above.
How often do IEFA and OVF pay?
IEFA pays twice a year and OVF pays every month. IEFA's next ex-date is Dec 14, 2026 and OVF's is Sep 26, 2026.
Which has grown its dividend faster, IEFA or OVF?
OVF has grown its payout faster: 18.1%/yr vs 14.1%/yr over the last 5 years.
Is IEFA or OVF better for income?
It depends on what you are optimising for. IEFA and OVF differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.