IEFA vs STLA: Correlation
Measured on weekly returns over the past three years, iShares Core MSCI EAFE ETF (IEFA) and Stellantis N.V. (STLA) carry a correlation of 0.54, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are IEFA and STLA?
Over the past 3 years, IEFA and STLA moved with a correlation of 0.54, which is moderate. Little has changed lately, as the 1-year reading of 0.49 lands near the 3-year figure. Over 5 years the correlation is 0.61, and the annualized covariance of weekly returns is 357.6 %².
By 3-year correlation, STLA places #80 of the 111 assets tracked against IEFA. Correlation aside, the last 12 months split them widely, with IEFA ahead by 66.3 points (+21.8% versus -44.5%). One caveat on sizing: STLA is 3.0 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
IEFA vs STLA: side by side
| IEFA (iShares Core MSCI EAFE ETF) | STLA (Stellantis N.V.) | |
|---|---|---|
| 1-year return | +21.8% | -44.5% |
| 5-year return | +54.5% | -63.8% |
| Volatility (ann.) | 15.0% | 44.7% |
| Beta vs S&P 500 | 0.77 | 1.33 |
| Max drawdown (3Y) | -13.8% | -80.0% |
| Market cap | – | $19.9B |
| P/E (trailing) | – | – |
| Dividend yield | 3.35% | 0.00% |
| Expense ratio | 0.07% | – |
| Assets under management | $190.1B | – |
| Sector / category | ETF · International | US Listed |
On the fund side, IEFA sits in the Foreign Large Blend category at iShares, with $190.1B under management, 1620 holdings, a 0.07% expense ratio, a 3.35% trailing dividend yield.
Year-by-year returns
| Year | IEFA | STLA |
|---|---|---|
| 2022 | -15.2% | -18.2% |
| 2023 | +18.0% | +79.2% |
| 2024 | +3.3% | -40.2% |
| 2025 | +32.1% | -9.2% |
| 2026 | +14.5% | -51.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are IEFA and STLA good diversifiers for each other?
Only partially. A correlation of 0.54 means IEFA and STLA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
FAQ
What is the correlation between IEFA and STLA?
As of 2026-08-27, the correlation of weekly returns between IEFA and STLA is 0.54 over 3 years, 0.49 over 1 year and 0.61 over 5 years.
Is STLA a good diversifier for IEFA?
Only partially. A correlation of 0.54 means IEFA and STLA share most of their swings. Pairing them dampens volatility somewhat, but it will not protect against a common drawdown.
What does a correlation of 0.54 mean?
On the −1 to +1 scale, 0.54 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/iefa-vs-stla.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/iefa-vs-stla/)
No key needed, free to use. Full endpoint list in the API documentation.
Related comparisons
Hubs: IEFA correlations · STLA correlations
