
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX)
EFAX Price Chart
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EFAX ETF Profile
Key details and information about State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX).
Sector Focus
Financial Services
Industry
Asset Management - Global
Inception Date
3 Nov 2016
Country
US
Description
The State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) strives to achieve investment outcomes that generally align with the overall performance of the MSCI EAFE ex Fossil Fuels Index, before accounting for fees and operational costs. Notably, it is the first exchange-traded fund to offer exposure to international developed markets while screening out companies that hold fossil fuel reserves. This fund is designed for climate-aware investors, providing access to international equities with a deliberate limitation on investments in entities owning fossil fuel reserves. Consequently, EFAX presents a unique option for those looking to reduce their portfolio's fossil fuel reserves footprint, serving as an alternative to conventional international developed market exposures.
EFAX ETF Performance
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