EFAX vs. IEFA ETF Comparison

Comparison of SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) to iShares Core MSCI EAFE ETF (IEFA)

EFAX

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF

EFAX Description

The SPDR MSCI EAFE Fossil Fuel Reserves Free ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the MSCI EAFE ex Fossil Fuels Index.

Grade (RS Rating)

Last Trade

$40.59

Average Daily Volume

25,671

Number of Holdings ^*

32

* may have additional holdings in another (foreign) market

IEFA

iShares Core MSCI EAFE ETF

IEFA Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI EAFE® Investable Market Index (the "underlying index"). The fund generally invests at least 80% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index has been developed by MSCI Inc. ("MSCI") as an equity benchmark for its international stock performance. The underlying index is designed to measure large-, mid- and small-capitalization equity market performance and includes stocks from Europe, Australasia and the Far East.

Grade (RS Rating)

Last Trade

$72.29

Average Daily Volume

7,358,318

Number of Holdings ^*

14

* may have additional holdings in another (foreign) market

Performance

Period	EFAX	IEFA
30 Days	-2.82%	-2.61%
60 Days	-6.02%	-6.13%
90 Days	-6.30%	-6.19%
12 Months	12.15%	11.12%

9 Overlapping Holdings

	Symbol	Grade	Weight in EFAX	Weight in IEFA	Overlap
	AGCO	D	0.04%	0.03%	0.03%
	HMC	F	0.26%	0.21%	0.21%
	MBAVU	D	0.02%	0.02%	0.02%
	MFG	B	0.4%	0.31%	0.31%
	MUFG	B	0.88%	0.69%	0.69%
	NMR	B	0.12%	0.09%	0.09%
	SMFG	B	0.59%	0.46%	0.46%
	SONY	B	0.78%	0.61%	0.61%
	TM	D	1.2%	0.95%	0.95%

EFAX Overweight 23 Positions Relative to IEFA

	Symbol	Grade	Weight
	NVS	D	1.36%
	HSBH	B	1.12%
	UL	D	0.96%
	ABBV	D	0.6%
	DEO	F	0.44%
	BCS	C	0.33%
	LYG	F	0.3%
	SE	B	0.25%
	STLA	F	0.19%
	AER	B	0.13%
	XRX	F	0.11%
	CHKP	D	0.1%
	CCEP	C	0.1%
	CYBR	B	0.09%
	MT	B	0.08%
	LOGI	D	0.08%
	MNDY	C	0.07%
	QGEN	D	0.06%
	WIX	B	0.06%
	GRAB	B	0.06%
	FUTU	D	0.04%
	TEVA	D	0.04%
	GLBE	B	0.03%

EFAX Underweight 5 Positions Relative to IEFA

	Symbol	Grade	Weight
	MNTX	C	-0.01%
	PIXY	F	-0.01%
	RENB	F	-0.0%
	GCBC	C	-0.0%
	CHGX	A	-0.0%

EFAX: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Software - Application Capital Markets Drug Manufacturers - Major Airports & Air Services Banks - Regional - Asia Banks - Regional - Europe Beverages - Soft Drinks Beverages - Wineries & Distilleries Computer Systems Consumer Electronics Diagnostics & Research Drug Manufacturers - Specialty & Generic Electronic Gaming & Multimedia Farm & Construction Equipment Household & Personal Products Information Technology Services Internet Content & Information Internet Retail

Keywords: Asset Management Bank Banking Financial Products Investment Banking Investment Banking Services Advisory Services Cars Cash Management Services Corporate Banking Insurance Products Investment Bank Investment Product Pharmaceutical Structured Finance Transport Wealth Management Services Active Pharmaceutical Ingredients Alcohol Asset And Liability Management

IEFA: Top Represented Industries & Keywords

Industries: Auto Manufacturers Banks - Global Banks - Regional - Asia Biotechnology Capital Markets Consumer Electronics Diversified Industrials Farm & Construction Equipment Savings & Cooperative Banks Staffing & Outsourcing Services

Keywords: Advisory Services Bank Financial Products Investment Banking Investment Banking Services Structured Finance Asset And Liability Management Asset Management Automotive Industry Banking Cars Consumer Finance Corporate Banking Financial Advisory Services Investment Bank Investment Product Liability Management Mitsui Mower Passenger Car