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ProShares MSCI EAFE Dividend Growers ETF

EFAD
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 19 2014
Expense Ratio
0.51%
Type
Global Ex. US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$195,204
AUM
$89,699,148
Associated Index
MSCI EAFE Dividend Masters Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

8766
Tokio Marine Holdings Inc
1.73%
TEL
Telenor ASA
1.68%
REL
RELX Plc
1.61%
3003
Hulic Co. Ltd.
1.61%
PGHN
Partners Group Holding
1.60%
SOL
Washington H. Soul Pattinson and Company Limited
1.60%
7532
Pan Pacific International Holdings Corp
1.59%
9719
SCSK Corporation
1.57%
GIVN
Givaudan SA
1.57%
4021
Nissan Chemical Corporation
1.57%
Invest with EFAD

What is EFAD?

ProShares MSCI EAFE Dividend Growers ETF seeks investment results, before fees and expenses, that track the performance of the MSCI EAFE Dividend Masters Index. The index includes companies that are currently members of the MSCI EAFE, and have increased dividend payments each year for at least 10 years. The index contains a minimum of 40 stocks, which are equally weighted. No single sector is allowed to comprise more than 30% of an indexs weight, and no single country is allowed to comprise more than 50% of the index weight. If there are fewer than 40 stocks with at least 10 consecutive years of dividend growth, or if sector or country caps are breached, the index will include companies with shorter dividend growth histories.

ETFs related toEFAD

ETFs correlated to EFAD include EFG, QEFA, VIGI

EFAD
ProShares Trust - ProShares MSCI EAFE Dividend Growers ETF
EFG
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Growth ETF
QEFA
SSgA Active Trust - SPDR MSCI EAFE StrategicFactors SM ETF
VIGI
Vanguard Group, Inc. - Vanguard International Dividend Appreciation ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
EFAV
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE Min Vol Factor ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
DMXF
iShares Trust - iShares ESG Advanced MSCI EAFE ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toEFAD

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

#PTI

Pick the Trending Index

Category

Momentum, Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

Create your own algorithmic trading strategy with EFAD using Composer

FAQ

EFAD is a Global Ex. US Equities ETF. ProShares MSCI EAFE Dividend Growers ETF seeks investment results, before fees and expenses, that track the performance of the MSCI EAFE Dividend Masters Index. The index includes companies that are currently members of the MSCI EAFE, and have increased dividend payments each year for at least 10 years. The index contains a minimum of 40 stocks, which are equally weighted. No single sector is allowed to comprise more than 30% of an indexs weight, and no single country is allowed to comprise more than 50% of the index weight. If there are fewer than 40 stocks with at least 10 consecutive years of dividend growth, or if sector or country caps are breached, the index will include companies with shorter dividend growth histories.

EFAD tracks the MSCI EAFE Dividend Masters Index.

EFAD dividend information: Earnings - Positive / Consistent. Dividend payouts may vary in terms of frequency of payouts.

No, EFAD is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, EFAD is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on EFAD is -0.014%. This is the percent change in the value of EFAD over the most recent 1-month period. The 3-month return on EFAD is -0.0297%. This is the percent change in the value of EFAD over the most recent 3-month period.

The standard deviation of EFAD for the past year is 0.1613%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to EFAD include DGS, DFIV, and DXJ.

ETFs correlated to EFAD include EFG, QEFA, and VIGI.

ETFs that are inversely correlated to EFAD include EFZ, EPV, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.