EFAV vs. EFAX
Compare and contrast key facts about iShares Edge MSCI Min Vol EAFE ETF (EFAV) and SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX).
EFAV and EFAX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EFAV is a passively managed fund by iShares that tracks the performance of the MSCI EAFE Minimum Volatility Index. It was launched on Oct 18, 2011. EFAX is a passively managed fund by State Street that tracks the performance of the MSCI EAFE ex Fossil Fuels Index. It was launched on Oct 24, 2016. Both EFAV and EFAX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EFAV or EFAX.
Correlation
The correlation between EFAV and EFAX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EFAV vs. EFAX - Performance Comparison
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Key characteristics
EFAV:
1.34
EFAX:
0.65
EFAV:
1.88
EFAX:
1.10
EFAV:
1.26
EFAX:
1.15
EFAV:
1.92
EFAX:
0.91
EFAV:
4.74
EFAX:
2.72
EFAV:
3.51%
EFAX:
4.52%
EFAV:
12.24%
EFAX:
17.71%
EFAV:
-27.56%
EFAX:
-32.53%
EFAV:
-3.20%
EFAX:
-0.51%
Returns By Period
The year-to-date returns for both investments are quite close, with EFAV having a 14.18% return and EFAX slightly higher at 14.33%.
EFAV
14.18%
2.85%
12.91%
16.26%
7.79%
4.50%
EFAX
14.33%
7.81%
13.46%
11.51%
12.09%
N/A
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EFAV vs. EFAX - Expense Ratio Comparison
Both EFAV and EFAX have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
EFAV vs. EFAX — Risk-Adjusted Performance Rank
EFAV
EFAX
EFAV vs. EFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Edge MSCI Min Vol EAFE ETF (EFAV) and SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
EFAV vs. EFAX - Dividend Comparison
EFAV's dividend yield for the trailing twelve months is around 2.84%, more than EFAX's 2.40% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EFAV iShares Edge MSCI Min Vol EAFE ETF | 2.84% | 3.24% | 3.07% | 2.53% | 2.47% | 1.33% | 4.19% | 3.34% | 2.45% | 3.94% | 2.49% | 3.57% |
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF | 2.40% | 2.74% | 2.71% | 2.81% | 2.58% | 1.69% | 2.71% | 3.05% | 2.89% | 0.26% | 0.00% | 0.00% |
Drawdowns
EFAV vs. EFAX - Drawdown Comparison
The maximum EFAV drawdown since its inception was -27.56%, smaller than the maximum EFAX drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for EFAV and EFAX. For additional features, visit the drawdowns tool.
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Volatility
EFAV vs. EFAX - Volatility Comparison
iShares Edge MSCI Min Vol EAFE ETF (EFAV) has a higher volatility of 3.53% compared to SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX) at 3.26%. This indicates that EFAV's price experiences larger fluctuations and is considered to be riskier than EFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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