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iShares International ETF Gets Competition

Stock quotes in this article: EFA , MDD , BP , HBC , NSRGY , SANYY , TRI  

The iShares MSCI EAFE Index Fund(EFA Quote) gives investors cheap and easy access to foreign stocks, but not market-cap risk.

The exchange-traded fund, one of the most popular, is dominated by mega-cap stocks including BP(BP Quote), HSBC(HBC Quote) and Nestle(NSRGY Quote).

About a year ago, State Street(STT Quote) launched the SPDR S&P International Mid Cap ETF(MDD Quote). It's the mid-cap cousin of the iShares fund, and it's been on a tear recently. ...

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