
Over long periods of time, U.S. stocks have established themselves as among the best performers in global equity markets. In the 20 years ended Jan. 26, 2026, the S&P 500 Index has delivered a total return exceeding 650%.
The iShares MSCI EAFE ETF (NYSEARCA: EFA) and the iShares MSCI Emerging Markets ETF (NYSEARCA: EEM) track the performance of international stock market indexes. EFA focuses on stocks in developed economies, while EEM focuses on emerging or developing market economies. Over the same period, these ETFs have delivered returns of less than 200%.