The YouTuber discusses IEFA as a fund for international diversification, tracking developed markets outside the US. He notes its lagging performance compared to US stocks over the past five years but suggests international stocks are now in 'value territory,' implying potential for future gains.
“The iShares Core MSCI EAFE ticker IEFA and if you don't believe that's a mouthful to say it took me three times to say that folks with 13.8 billion for that international diversification.”