EFAXSPDR MSCI EAFE Fossil Fuel Reserves Free ETF
EFAX Fund Description
The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF tracks a subset of the MSCI EAFE Index that excludes companies that own fossil fuel reserves.
EFAX Factset Analytics Insight
EFAX holds a subset of the MSCI EAFE Index, divesting itself of companies that own fossil fuel reserves. Fossil fuel reserves are defined as coal, oil, or natural gas reserves for energy purposes. Companies that hold these reserves are removed from the MSCI EAFE Index, and the remaining companies are given market cap weighting to form the MSCI EAFE ex Fossil Fuels Index. The parent index invests in large- and midcap companies in developed nations, outside the US and Canada. Expect minor sector tilts due to the removal of companies that rely on fossil fuels.
EFAX MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 18, 2018 the SPDR MSCI EAFE Fossil Fuel Reserves Free ETF MSCI ESG Fund Quality Score is 6.57 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. EFAX ranks in the 78th percentile within its peer group and in the 85th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
EFAX CHARTS AND PERFORMANCE
EFAX Top 10 Countries
EFAX Top 10 Sectors
EFAX Top 10 Holdings [View All]
EFAX Portfolio Management
EFAX Tax Exposures
EFAX Fund Structure
EFAX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EFAX. EFAX is rated a 4 out of 5.
EFAX Sector/Industry Breakdown
EFAX TOP 10 HOLDINGS[View All]
EFAX Economic Development
EFAX Performance Statistics
EFAX MSCI ESG Ratings
EFAX BENCHMARK COMPARISON SUMMARY
EFAX BENCHMARK COMPARISON MARKET CAP SIZE