EFAX vs. VIGI

Last updated Apr 2, 2026

Compare and contrast key facts about SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX) and Vanguard International Dividend Appreciation ETF (VIGI).

EFAX and VIGI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VIGI is a passively managed fund by Vanguard that tracks the performance of the NASDAQ International DividendAchieversSelect Index. It was launched on Feb 25, 2016. Both EFAX and VIGI are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

EFAX vs. VIGI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX) and Vanguard International Dividend Appreciation ETF (VIGI). The values are adjusted to include any dividend payments, if applicable.

EFAX vs. VIGI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF	0.38%	31.30%	4.78%	18.02%	-16.72%	10.50%	9.57%	23.52%	-14.78%	23.93%
VIGI Vanguard International Dividend Appreciation ETF	-1.38%	16.88%	2.73%	16.30%	-16.79%	12.51%	14.66%	27.53%	-11.50%	27.97%

Returns By Period

In the year-to-date period, EFAX achieves a 0.38% return, which is significantly higher than VIGI's -1.38% return.

EFAX

• 1D: 1.80%
• 1M: -5.24%
• YTD: 0.38%
• 6M: 3.88%
• 1Y: 21.97%
• 3Y*: 14.38%
• 5Y*: 7.47%
• 10Y*: —

VIGI

• 1D: 1.30%
• 1M: -4.63%
• YTD: -1.38%
• 6M: 0.59%
• 1Y: 10.50%
• 3Y*: 9.01%
• 5Y*: 4.56%
• 10Y*: 7.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

EFAX vs. VIGI - Expense Ratio Comparison

EFAX has a 0.20% expense ratio, which is higher than VIGI's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

EFAX

SPDR MSCI EAFE Fossil Fuel Free ETF

VIGI

Vanguard International Dividend Appreciation ETF

Return for Risk

EFAX vs. VIGI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EFAX

EFAX Risk / Return Rank: 66
EFAX Sharpe Ratio Rank: 66
EFAX Sortino Ratio Rank: 68
EFAX Omega Ratio Rank: 66
EFAX Calmar Ratio Rank: 66
EFAX Martin Ratio Rank: 65

VIGI

VIGI Risk / Return Rank: 35
VIGI Sharpe Ratio Rank: 34
VIGI Sortino Ratio Rank: 34
VIGI Omega Ratio Rank: 32
VIGI Calmar Ratio Rank: 37
VIGI Martin Ratio Rank: 39

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EFAX vs. VIGI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX) and Vanguard International Dividend Appreciation ETF (VIGI). 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.

	EFAX	VIGI	Difference
Sharpe ratio Return per unit of total volatility	1.22	0.68	+0.54
Sortino ratio Return per unit of downside risk	1.76	1.04	+0.72
Omega ratio Gain probability vs. loss probability	1.25	1.14	+0.11
Calmar ratio Return relative to maximum drawdown	1.79	0.99	+0.80
Martin ratio Return relative to average drawdown	6.97	3.69	+3.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EFAX vs. VIGI - Sharpe Ratio Comparison

The current EFAX Sharpe Ratio is 1.22, which is higher than the VIGI Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of EFAX and VIGI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EFAX	VIGI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	0.68	+0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	0.32	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.50	0.51	-0.01

Correlation

The correlation between EFAX and VIGI is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

EFAX vs. VIGI - Dividend Comparison

EFAX's dividend yield for the trailing twelve months is around 3.29%, more than VIGI's 2.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
EFAX SPDR MSCI EAFE Fossil Fuel Free ETF	3.29%	3.31%	2.74%	2.71%	2.81%	2.58%	1.69%	2.71%	3.05%	2.89%	0.26%
VIGI Vanguard International Dividend Appreciation ETF	2.23%	2.14%	1.93%	1.92%	2.06%	7.02%	1.29%	1.83%	1.99%	1.75%	1.05%

Drawdowns

EFAX vs. VIGI - Drawdown Comparison

The maximum EFAX drawdown since its inception was -32.53%, roughly equal to the maximum VIGI drawdown of -31.01%. Use the drawdown chart below to compare losses from any high point for EFAX and VIGI.

Drawdown Indicators

	EFAX	VIGI	Difference
Max Drawdown Largest peak-to-trough decline	-32.53%	-31.01%	-1.52%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-10.64%	-1.74%
Max Drawdown (5Y) Largest decline over 5 years	-31.67%	-28.80%	-2.87%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.01%	—
Current Drawdown Current decline from peak	-7.59%	-6.29%	-1.30%
Average Drawdown Average peak-to-trough decline	-7.03%	-6.23%	-0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	2.84%	+0.34%

Volatility

EFAX vs. VIGI - Volatility Comparison

SPDR MSCI EAFE Fossil Fuel Free ETF (EFAX) has a higher volatility of 7.86% compared to Vanguard International Dividend Appreciation ETF (VIGI) at 6.25%. This indicates that EFAX's price experiences larger fluctuations and is considered to be riskier than VIGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFAX	VIGI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.86%	6.25%	+1.61%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	9.92%	+1.55%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	15.54%	+2.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.44%	14.41%	+2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.05%	15.87%	+1.18%