EFAX - ETF AI Analysis

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SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX)

Rating:66Neutral

Price Target:―

EFAX, the SPDR MSCI EAFE Fossil Fuel Free ETF, earns a solid overall rating driven largely by high-quality global leaders like Novartis, AstraZeneca, HSBC, Toyota, and ASML, which show strong financial performance, positive earnings calls, and generally supportive technical and valuation profiles. The rating is held back somewhat by weaker technical trends and valuation concerns in names like Commonwealth Bank of Australia and SAP, and investors should also note the fund’s meaningful exposure to a few large healthcare and financial holdings, which can increase sector-specific risk.

Positive Factors

Broad International Diversification

The fund spreads its investments across many developed markets like Japan, the UK, and several European countries, which helps reduce reliance on any single economy.

Solid Recent Performance

The ETF has shown steady gains over the past month, three months, and year-to-date, indicating generally supportive market conditions for its holdings.

Reasonable Expense Ratio

The fund’s expense ratio is relatively low for a specialized international strategy, allowing investors to keep more of their returns over time.

Negative Factors

Heavy Tilt to Financials and Industrials

A large share of the portfolio is in financial and industrial companies, which can increase sensitivity to economic cycles and sector-specific downturns.

Mixed Performance Among Top Holdings

While some leading positions like ASML and Mitsubishi UFJ have performed strongly, others such as AstraZeneca, Nestlé, and SAP have been weaker, which can dampen overall returns.

Limited U.S. Exposure

The ETF has only a small allocation to U.S. stocks, so investors relying on it alone may miss out on potential gains from the U.S. market and should consider how it fits with their broader portfolio.

EFAX vs. SPDR S&P 500 ETF (SPY)

AUM474.83M

RegionDeveloped Markets

Expense Ratio0.20%

Beta0.75

IssuerState Street

Inception DateOct 24, 2016

Dividend Yield3.36%

Asset ClassEquity

Index TrackedMSCI EAFE ex Fossil Fuels

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume27,349

30 Day Avg. Volume29,264

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

57.49

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering649

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

EFAX Summary

EFAX is the SPDR MSCI EAFE Fossil Fuel Free ETF, which tracks the MSCI EAFE ex Fossil Fuels Index. It invests in large and mid-sized companies in developed markets outside North America, mainly in countries like Japan, the UK, and France. The fund holds well-known names such as Nestlé, Toyota, and ASML. It avoids companies involved in extracting or producing fossil fuels, appealing to investors who want broad international diversification while supporting environmental goals. A key risk is that its value can rise or fall with global stock markets and may lag funds that include traditional energy companies.

How much will it cost me?The SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX) has an expense ratio of 0.20%, which means you’ll pay $2 per year for every $1,000 invested. This is lower than average for actively managed funds but slightly higher than many passively managed ETFs because it tracks a specialized index focused on sustainability.

What would affect this ETF?The EFAX ETF could benefit from increasing global demand for sustainable investments and the growth of developed markets outside North America, particularly in sectors like financials and technology, which have significant weight in the fund. However, challenges such as economic slowdowns in Europe or Asia, regulatory changes affecting key industries, or currency fluctuations in non-North American markets could negatively impact performance. Additionally, its exclusion of fossil fuel companies may limit exposure to potential gains in the energy sector during periods of high oil prices.

EFAX Top 10 Holdings

EFAX leans heavily on non-U.S. blue chips, with Europe and Japan doing most of the heavy lifting. ASML has been a standout, rising strongly and giving the fund a tech-powered boost, while pharma giants like Roche, AstraZeneca, and Novartis form a steady health care backbone that’s been quietly climbing. Big banks such as HSBC, Mitsubishi UFJ, and Commonwealth Bank add financial muscle and have mostly been rising, though they can inject some volatility. Siemens is more mixed lately, occasionally losing steam and modestly tugging on performance. Overall, the fund is diversified across developed markets but notably tilted toward financials, health care, and industrials, all while staying clear of fossil fuel producers.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ASML	ASML Holding NV	2.78%	$13.14M	€450.59B	80.13%	76 Outperform
AZN	AstraZeneca	1.57%	$7.40M	$295.20B	19.89%	80 Outperform
NOVN	Novartis AG	1.54%	$7.29M	CHF230.97B	25.96%	80 Outperform
ROG	Roche Holding AG	1.50%	$7.09M	CHF256.31B	21.75%	73 Outperform
HSBA	HSBC Holdings	1.44%	$6.82M	£202.74B	35.68%	80 Outperform
NESN	Nestlé SA	1.38%	$6.54M	CHF204.54B	-0.11%	71 Outperform
7203	Toyota Motor	1.09%	$5.14M	¥43.92T	22.70%	80 Outperform
CBA	Commonwealth Bank of Australia	1.07%	$5.07M	AU$290.49B	22.06%	64 Neutral
SAP	SAP SE	1.06%	$5.01M	€189.51B	-30.51%	66 Neutral
SIE	Siemens	1.04%	$4.90M	€167.96B	-4.39%	74 Outperform

EFAX Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

52.63

Negative

100DMA

50.94

Negative

200DMA

48.95

Positive

Market Momentum

MACD

-0.73

Positive

RSI

29.51

Positive

STOCH

14.34

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EFAX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 52.89, equal to the 50-day MA of 52.63, and equal to the 200-day MA of 48.95, indicating a neutral trend. The MACD of -0.73 indicates Positive momentum. The RSI at 29.51 is Positive, neither overbought nor oversold. The STOCH value of 14.34 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EFAX.

EFAX Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
EFAX	―	―	$474.83M	0.20%	66 Neutral
IQDG	―	―	$701.06M	0.42%	67 Neutral
DMXF	―	―	$650.53M	0.12%	65 Neutral
DWM	―	―	$648.51M	0.48%	65 Neutral
NUDM	―	―	$634.46M	0.27%	64 Neutral
JPIN	―	―	$355.50M	0.37%	58 Neutral

Performance Comparison

EFAX

SPDR MSCI EAFE Fossil Fuel Free ETF

49.64

6.62

15.39%

IQDG

WisdomTree International Quality Dividend Growth Fund

―

DMXF

iShares ESG Advanced MSCI EAFE ETF

―

DWM

WisdomTree International Equity Fund

―

NUDM

Nuveen ESG International Developed Markets Equity ETF

―

JPIN

J.P. Morgan Diversified Return International Equity ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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