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, has a solid overall rating driven mainly by high-quality global leaders like Novartis, AstraZeneca, HSBC, and Toyota, which all show strong financial health, positive earnings commentary, and generally supportive technical and valuation trends. These strengths are slightly offset by holdings such as SAP, where bearish technical signals and potential overvaluation, and some leverage and cash flow concerns at Mitsubishi UFJ, introduce added risk. The main risk factor is the fund’s concentration in a relatively small group of large international names and sectors like pharmaceuticals and financials, which can make performance more sensitive to developments in those areas.

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)

AUM507.13M

RegionDeveloped Markets

Expense Ratio0.20%

Beta0.72

IssuerState Street

Inception DateOct 24, 2016

Dividend Yield3.07%

Asset ClassEquity

Index TrackedMSCI EAFE ex Fossil Fuels

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume15,542

30 Day Avg. Volume30,356

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

59.31

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering647

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 setting the tone. ASML is the clear engine of recent gains, riding strong demand for chipmaking gear, while Mitsubishi UFJ and HSBC add fuel from the financial side as bank stocks keep rising. Health care names like Roche and Novartis are steady anchors, helping smooth out bumps. On the flip side, Nestlé and SAP have been lagging, acting like a small brake on performance. Overall, the fund is diversified but tilts toward financials, industrials, and tech in developed markets outside North America.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ASML	ASML Holding NV	2.72%	$13.73M	€458.08B	67.61%	76 Outperform
ROG	Roche Holding AG	1.66%	$8.37M	CHF294.92B	46.36%	73 Outperform
AZN	AstraZeneca	1.61%	$8.12M	$324.77B	32.79%	80 Outperform
NOVN	Novartis AG	1.56%	$7.88M	CHF244.33B	31.88%	80 Outperform
HSBA	HSBC Holdings	1.46%	$7.37M	£218.16B	44.94%	80 Outperform
NESN	Nestlé SA	1.30%	$6.57M	CHF199.86B	12.45%	71 Outperform
7203	Toyota Motor	1.13%	$5.72M	¥48.39T	35.36%	80 Outperform
8306	Mitsubishi UFJ Financial Group	1.06%	$5.36M	¥32.17T	40.45%	76 Outperform
SIE	Siemens	1.04%	$5.27M	€183.95B	8.14%	74 Outperform
CBA	Commonwealth Bank of Australia	1.04%	$5.24M	AU$297.63B	11.29%	64 Neutral

EFAX Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

51.75

Positive

100DMA

50.24

Positive

200DMA

48.26

Positive

Market Momentum

MACD

0.75

Negative

RSI

65.74

Neutral

STOCH

81.28

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For EFAX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 53.26, equal to the 50-day MA of 51.75, and equal to the 200-day MA of 48.26, indicating a bullish trend. The MACD of 0.75 indicates Negative momentum. The RSI at 65.74 is Neutral, neither overbought nor oversold. The STOCH value of 81.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EFAX.

EFAX Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
EFAX	―	―	$507.13M	0.20%	―
GSID	―	―	$960.75M	0.20%	―
IQDG	―	―	$752.42M	0.42%	―
DMXF	―	―	$699.12M	0.12%	―
DWM	―	―	$689.14M	0.48%	―
NUDM	―	―	$682.03M	0.28%	―

Performance Comparison

EFAX

SPDR MSCI EAFE Fossil Fuel Free ETF

54.08

12.27

29.35%

GSID

Goldman Sachs MarketBeta International Equity ETF

―

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

―

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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