Fund Evaluator:
iShares MSCI EAFE Intl Idx G (BTMGX)
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Best Performing in Foreign Large Blend Over the Last Year
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Fund Details
iShares MSCI EAFE Intl Idx G Overview
iShares MSCI EAFE Intl Idx G (BTMGX) is a passively managed International Equity Foreign Large Blend fund. BlackRock launched the fund in 2023.
The investment seeks to match the performance of the MSCI EAFE Index (Europe, Australasia, Far East) in U.S. dollars with net dividends as closely as possible before the deduction of fund expenses. The fund will be substantially invested in securities in the MSCI EAFE Index, and will invest at least 80% of its assets in securities or other financial instruments that are components of or have economic characteristics similar to the securities included in the MSCI EAFE Index.
About iShares MSCI EAFE Intl Idx G (BTMGX)
There are 4 members of the management team with an average tenure of 3.58 years: Jennifer Hsui (2016), Peter Sietsema (2025), Matt Waldron (2025), Steven White (2025). Management tenure is more important for actively managed funds than passive index funds.
The fund has 1 primary benchmark: MSCI EAFE NR USD index with a weighting of 100%. iShares MSCI EAFE Intl Idx G has 720 securities in its portfolio. The top 10 holdings constitute 14.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
iShares MSCI EAFE Intl Idx G is part of the Equity global asset class and is within the International Equity fund group. iShares MSCI EAFE Intl Idx G has 98.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 1.7%. There is 98.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). iShares MSCI EAFE Intl Idx G has -0.3% of the portfolio in cash.
Assets Under Management
The fund has $3 billion in total assets, which is above the $2 billion average for the Foreign Large Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
BTMGX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares MSCI EAFE Intl Idx G expense ratio is low compared to funds in the Foreign Large Blend category. iShares MSCI EAFE Intl Idx G has an expense ratio of 0.03%, which is 97% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares MSCI EAFE Intl Idx G has a portfolio turnover rate of 8%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 62% for the Foreign Large Blend category.
Recently, in the month of July 2026, iShares MSCI EAFE Intl Idx G returned 1.5%, which earned it a grade of B, as the Foreign Large Blend category had an average return of 0.7%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
iShares MSCI EAFE Intl Idx G has a trailing yield of 3.36%, which is above the 2.17% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares MSCI EAFE Intl Idx G Grades
Year to date, the fund has returned 11.9%, 0.3 percentage points better than the category, which translates into a grade of C. The fund has returned 25.4% over the past year (grade of C), 16.3% over the past three years (grade of C) and 9.5% per year over the past five years (grade of B) and 9.5% per year over the past 10 years (grade of B).
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BTMGX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| BTMGX Return (NAV) | 1.5% | 4.6% | 25.4% | 16.3% | 9.5% | 9.5% |
| BTMGX Grade | B | C | C | C | B | B |
| +/- Category | 0.8% | 0.2% | 1.2% | 0.4% | 1.1% | 0.4% |
| Foreign Large Blend Avg | 0.7% | 4.4% | 24.2% | 15.9% | 8.4% | 9.1% |
| BTMGX Tax Cost Ratio | na | na | 1.5% | na | na | na |
BTMGX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| BTMGX Return (NAV) | 11.9% | 31.8% | 3.8% | 18.3% | -14.2% | 11.3% | 8.0% | 21.8% | -13.4% | 25.2% | 1.0% |
| BTMGX Grade | C | C | D | B | B | C | D | C | B | D | C |
| +/- Category | 0.3% | 1.2% | -1.1% | 2.1% | 2.2% | 1.1% | -3.8% | -1.1% | 1.9% | -1.2% | 0.0% |
| Foreign Large Blend Avg | 11.6% | 30.5% | 4.9% | 16.2% | -16.4% | 10.2% | 11.8% | 22.9% | -15.2% | 26.4% | 1.0% |
| Risk Measures | |
| Standard Deviation: | 12.8% |
| Total Risk Index: | 1.04 - Average |
| Category Risk Index: | 0.99 - Average |
| Category Risk Grade: | C (45% Rank) |
| Beta: | 0.87 |
| R-Squared: | 88% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 3.4% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $14150 Mil |
| Fund Total Assets: | $3,241 Mil |
| Share Class Type: | Other |
| Portfolio Turnover: | 8% |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 10.3 years | |||
| Average Tenure: 3.6 years | |||
| Managers (Year): Hsui Jennifer (2016), Sietsema Peter (2025), Waldron Matt (2025), White Steven (2025) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 720 |
| % in Top 10 Holdings: | 14.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 98.4% |
Portfolio Allocation |
|
| Domestic Stock: | 1.7% |
| Foreign Stock: | 98.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.2% |
| Cash: | -0.3% |
Purchase Information
| Fund Family: | BlackRock |
| Phone Number: | 800-537-4942 |
| Website: | www.blackrock.com |
| Status: | Open |
| Inception Date: | October 16, 2023 |
| Min. Initial Purchase: | $2,000,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.03% ( Rating : Low ) |
| Category Average Expense Ratio (%): | 0.94% |
| Share Class: | iShares MSCI EAFE Intl Idx Instl |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
