Key stats
About SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
Expense ratio
0.20%
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Inception date
Oct 24, 2016
ISIN
US78470E1064
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.
Classification
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Stock breakdown by region