EFAX ETF — SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF

SPDR® MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX)

EFAX is a low-cost ETF. its distribution rate is 2.96%, its trailing-12-month yield is 3.15%, its expense ratio is 0.20%. Dividend Vision Distribution Safety Score™ is 70/100 (Generally safe). Total return is 134.2% over the past 9.9 years, 182.3 points behind SPY at 316.5%.

At the current 2.96% distribution rate, a $10,000 investment would generate approximately $296 per year, or about $148.00 per semi-annual payment if the next payment matches the last regular one.

SPDR MSCI EAFE Fossil Fuel Reserves Free ETF tracks an index of developed and emerging market companies outside the United States that are free of fossil fuel reserves, screening out energy companies with coal, oil, and natural gas assets. The fund distributes income semi-annually at a modest current distribution rate and carries an expense ratio of 0.20%. It appeals to international equity investors seeking exposure to developed markets while excluding fossil fuel reserve holders.

EFAX performance versus SPY

Price and return data through 2026-09-18.

Total return is 134.2% over the past 9.9 years, 182.3 points behind SPY at 316.5%. Over the past year its total return — price change plus distributions reinvested — is 13.7%. Its deepest 1-year drawdown was 12.4%.

EFAX key facts

Distribution Safety Score™

70 · Generally safe

Safety-Adjusted Yield

2.07%

Issuer

State Street

Asset type

ETF

Asset class

Equity

Inception date

10/24/2016

Expense ratio

0.20%

Distribution rate

2.96%

Distribution frequency

Semi-Annual

Trailing yield

3.15%

Last close

$54.21 (as of 2026-09-18)

NAV

$54.44

Premium / discount

0.42% discount

AUM

$500,848,188

Average volume

17495.0

Last dividend

$0.803

Last ex-dividend date

06/01/2026 (as of 2026-06-01)

Last payment date

06/05/2026 (as of 2026-06-05)

Beta

0.99

P/E ratio

18.8306

How Dividend Vision calculates yield and returns

Distribution rate (2.96%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.15%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: State Street; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

EFAX risks and drawbacks

EFAX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.4%.

Who may consider EFAX — and who may not

EFAX may suit someone looking for low-cost broad dividend exposure, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (EFAX pays semi-annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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