The SPDR MSCI EAFE Fossil Fuel Free ETF (Ticker: EFAX) offers investors a unique opportunity to gain exposure to developed markets outside of North America while aligning their investments with environmentally conscious principles. This ETF is strategically categorized under "Size and Style" with a focus on the "Total Market" within a "Broad-based" niche, making it an ideal choice for those seeking comprehensive market exposure with a sustainable edge. The fund replicates the performance of the MSCI EAFE Index, which encompasses large and mid-cap companies across 21 developed markets in Europe, Australasia, and the Far East, excluding North America. What sets EFAX apart is its commitment to excluding companies involved in the extraction, production, and refining of fossil fuels, thereby supporting the transition towards a low-carbon economy. By investing in EFAX, investors can participate in global growth opportunities while contributing to a sustainable future, making it an appealing option for those looking to balance financial returns with environmental responsibility.
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.