ATLASState Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX): outlook, holdings and fees
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) is an exchange-traded fund and is managed by State Street Investment Management. The expense ratio is 0.20% and the yield is 3.01%. The ten largest holdings are 15% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on EFAX
| Last price | $53.13 (-0.9%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $52.24 – $54.60 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 3.01% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
EFAX fund facts
| Issuer | State Street Investment Management |
|---|---|
| Theme | International developed |
| Assets under management | $489M |
| Expense ratio | 0.20% |
| Number of holdings | 49 |
| Portfolio turnover | 4% |
| Inception | Oct 24, 2016 |
| Exchange | NYSE |
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. The index is designed to measure the performance of companies in the MSCI EAFE Index that are fossil fuel reserves free, as determined by the screening methodology used by the index.
EFAX top holdings
| Holding | Sector | Weight |
|---|---|---|
| ASML Holding N.V. ASML | Technology | 3.62% |
| HSBC Holdings PLC HSBA | Financial Services | 1.55% |
| Roche Holding AG ROP | Healthcare | 1.56% |
| Novartis AG NOVN | Healthcare | 1.41% |
| AstraZeneca PLC AZN | Healthcare | 1.28% |
| Nestle S.A. NESN | Consumer Defensive | 1.25% |
| Mitsubishi UFJ Financial Group Inc 8306 | Financial Services | 1.17% |
| Siemens Aktiengesellschaft SIE | Industrials | 1.17% |
| SAP SE SAP | Technology | 1.16% |
| Advantest Corp. 6857 | Technology | 1.01% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
EFAX sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 28.1% |
| Industrials | 18.3% |
| Technology | 13.0% |
| Healthcare | 10.8% |
| Consumer Cyclicals | 7.9% |
| Consumer Defensive | 7.1% |
| Communication Services | 5.0% |
| Basic Materials | 4.6% |
| Utilities | 3.4% |
| Real Estate | 1.7% |
| Energy | 0.1% |
By region: Europe Developed 49.7%, Japan 24.9%, United Kingdom 13.0%, Australasia 5.7%, Asia Developed 3.9%.
EFAX returns and risk
| Year to date | +6.9% |
|---|---|
| 1 year | +12.9% |
| 3 years (annualised) | +18.0% |
| 5 years (annualised) | +8.6% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 13.6% |
| Sharpe ratio (3 years) | 0.96 |
Past returns do not guarantee future results.
EFAX: frequently asked questions
What does EFAX invest in?
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF invests in a portfolio of securities. Its largest holdings are ASML Holding N.V. (3.6%), HSBC Holdings PLC (1.6%), Roche Holding AG (1.6%), Novartis AG (1.4%), AstraZeneca PLC (1.3%).
What is the EFAX expense ratio?
0.20% a year: about $20.00 for every $10,000 invested.
What is the EFAX dividend yield?
3.01%. ATLAS does not hold the exact distribution dates for ETFs.
Will EFAX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $52.24 to $54.60 from $53.13 today. It is a probability, not a prediction.
How has EFAX performed?
Year to date +6.9%, one year +12.9%, three years +18.0% a year, five years +8.6% a year. Past returns do not guarantee future results.
Similar ETFs: International developed
- Vanguard FTSE Developed Markets ETF (VEA)
- iShares Core MSCI EAFE ETF (IEFA)
- Vanguard Total International Stock ETF (VXUS)
- iShares MSCI EAFE ETF (EFA)
- Vanguard FTSE All-World ex-US Index Fund ETF Shares (VEU)
- Schwab International Equity ETF (SCHF)
- iShares Core MSCI Total International Stock ETF (IXUS)
- State Street SPDR Portfolio Developed World ex-US ETF (SPDW)
Educational information, not investment advice. Disclaimer