QEFA

SPDR MSCI EAFE StrategicFactors ETF

$89.66
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI EAFE Strategic Factors Index.

Overview

ETF tracking SPDR MSCI EAFE StrategicFactors ETF

Issuer State Street
Inception Date 2014-06-05
Market Cap $954.9M
Average Volume N/A
Dividend Yield 2.82%
52-Week Range $71.47 - $90.43
VWAP $89.65

Performance

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Investment Summary

📎 Investment Objective

The SPDR MSCI EAFE StrategicFactors ETF (QEFA) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI EAFE Strategic Factors Index.

🎯 Investment Strategy

The fund employs a passive management approach, attempting to track the performance of the underlying index. The index is designed to provide exposure to large and mid-cap companies across developed market countries outside of the U.S. and Canada, while emphasizing certain 'strategic factors' such as value, quality, and low volatility.

✨ Key Features

  • Provides broad exposure to developed international equities
  • Focuses on companies exhibiting value, quality, and low volatility characteristics
  • Passively managed to track the MSCI EAFE Strategic Factors Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Exposure to fluctuations in international equity markets
  • Potential underperformance relative to the broader international equity market
  • Currency risk as the fund holds securities denominated in foreign currencies
  • Concentration risk as the fund is focused on specific 'strategic factors'

👤 Best For

The SPDR MSCI EAFE StrategicFactors ETF may be suitable for investors seeking broad international equity exposure with a focus on value, quality, and low volatility companies. It could be used as a core holding or to complement a diversified portfolio. Investors should have a medium to long-term investment horizon and be willing to accept the risks associated with international equity investing.