Spdr Msci Eafe Etf Profile
| EFAX Etf | USD 40.86 0.56 1.35% |
Performance0 of 100
| Odds Of DistressLess than 9
|
SPDR MSCI is trading at 40.86 as of the 30th of November 2024; that is 1.35 percent decrease since the beginning of the trading day. The etf's open price was 41.42. SPDR MSCI has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for SPDR MSCI EAFE are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal market conditions, the fund generally invests substantially all, but at least 80, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. EAFE Fossil is traded on NYSEARCA Exchange in the United States.. More on SPDR MSCI EAFE
Moving together with SPDR Etf
| 0.92 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.94 | IEFA | iShares Core MSCI | PairCorr |
| 0.83 | VEU | Vanguard FTSE All | PairCorr |
| 0.94 | EFA | iShares MSCI EAFE Aggressive Push | PairCorr |
| 0.83 | IXUS | iShares Core MSCI | PairCorr |
| 0.92 | SPDW | SPDR SP World | PairCorr |
Moving against SPDR Etf
SPDR Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Foreign Large Blend, SPDR State Street Global Advisors (View all Sectors) |
| Issuer | SSgA |
| Inception Date | 2016-10-24 |
| Benchmark | MSCI EAFE ex Fossil Fuels Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 306.07 Million |
| Average Trading Valume | 29,843.2 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| Administrator | SSgA Funds Management, Inc. |
| Advisor | SSgA Funds Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | State Street Global Advisors Funds Distributors, LLC |
| Portfolio Manager | Michael Feehily, Karl Schneider, John Law |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 720 |
| Market Maker | Susquehanna |
| Total Expense | 0.2 |
| Management Fee | 0.2 |
| Country Name | USA |
| Returns Y T D | 7.89 |
| Name | SPDR MSCI EAFE Fossil Fuel Reserves Free ETF |
| Currency Code | USD |
| Open Figi | BBG00F161GN9 |
| In Threey Volatility | 17.53 |
| 1y Volatility | 13.78 |
| 200 Day M A | 41.5164 |
| 50 Day M A | 42.1353 |
| Code | EFAX |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
SPDR MSCI EAFE [EFAX] is traded in USA and was established 2016-10-24. The fund is listed under Foreign Large Blend category and is part of SPDR State Street Global Advisors family. The entity is thematically classified as Strategy ETFs. SPDR MSCI EAFE currently have 202.34 M in assets under management (AUM). , while the total return for the last 3 years was 3.4%.
Check SPDR MSCI Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SPDR Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SPDR Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as SPDR MSCI EAFE Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
SPDR MSCI EAFE Currency Exposure
SPDR MSCI EAFE holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SPDR MSCI will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SPDR MSCI EAFE.
Top SPDR MSCI EAFE Etf Constituents
| KBC | KBC Groep NV | Stock | Financials | |
| IAG | Insurance Australia Group | Stock | Financials | |
| NICE | Nice | Stock | Information Technology | |
| ELISA | Elisa Oyj | Stock | Communication Services | |
| FRE | Fresenius SE Co | Stock | Medical Care Facilities | |
| VOD | Vodafone Group PLC | Stock | Communication Services | |
| LEG | LEG Immobilien SE | Stock | Real Estate Services | |
| HO | Thales SA | Stock | Aerospace & Defense |
SPDR MSCI EAFE Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SPDR MSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.23) | |||
| Treynor Ratio | 4.11 |
SPDR MSCI Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in SPDR MSCI EAFE. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of SPDR MSCI EAFE is measured differently than its book value, which is the value of SPDR that is recorded on the company's balance sheet. Investors also form their own opinion of SPDR MSCI's value that differs from its market value or its book value, called intrinsic value, which is SPDR MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SPDR MSCI's market value can be influenced by many factors that don't directly affect SPDR MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SPDR MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if SPDR MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SPDR MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.