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ETFs

SPDR MSCI EAFE StrategicFactors ETF

QEFA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 05 2014
Expense Ratio
0.30%
Type
Global Ex. US Equities
Fund Owner
State Street (SPDR)
Volume (1m avg. daily)
$3,802,780
AUM
$956,290,349
Associated Index
MSCI EAFE Factor Mix A-Series Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

NOVO B
Novo Nordisk - Ordinary Shares - Class B
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NOVN
Novartis AG - Registered Shares
1.90%
ASML
ASML Holding NV
1.55%
BHP
BHP Group Limited
1.38%
MC
Lvmh Moet Hennessy Vuitton SE
1.37%
ULVR
Unilever plc
1.25%
GSK
GSK Plc
1.03%
ZURN
Zurich Insurance Group AG Ltd
0.83%
Invest with QEFA

What is QEFA?

The MSCI EAFE (Europe, Australasia, Far East) Factor Mix A-Series Index captures large- and mid-cap representation across 21 developed market Europe, Australasia, and Far East (EAFE) countries and aims to represent the performance of value, low volatility, and quality factor strategies. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI EAFE Value Weighted Index, the MSCI EAFE Minimum Volatility Index, and the MSCI EAFE Quality Index (each, a "Component Index").

ETFs related toQEFA

ETFs correlated to QEFA include EFA, ESGD, BBIN

QEFA
SSgA Active Trust - SPDR MSCI EAFE StrategicFactors SM ETF
EFA
BlackRock Institutional Trust Company N.A. - iShares MSCI EAFE ETF
ESGD
iShares Trust - iShares Trust iShares ESG Aware MSCI EAFE ETF
BBIN
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders International Equity ETF
IEFA
BlackRock Institutional Trust Company N.A. - iShares Core MSCI EAFE ETF
BKIE
BNY Mellon ETF Trust - BNY Mellon International Equity ETF
IDEV
iShares Trust - iShares Core MSCI International Developed Markets ETF
SCHF
Schwab Strategic Trust - Schwab International Equity ETF
VEA
Vanguard Group, Inc. - Vanguard FTSE Developed Markets ETF
GSIE
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta International Equity ETF
DFAI
Dimensional ETF Trust - Dimensional International Core Equity Market 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 toQEFA

#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 QEFA using Composer

FAQ

QEFA is a Global Ex. US Equities ETF. The MSCI EAFE (Europe, Australasia, Far East) Factor Mix A-Series Index captures large- and mid-cap representation across 21 developed market Europe, Australasia, and Far East (EAFE) countries and aims to represent the performance of value, low volatility, and quality factor strategies. The Index is an equal weighted combination of the following three MSCI Factor Indices in a single composite index: the MSCI EAFE Value Weighted Index, the MSCI EAFE Minimum Volatility Index, and the MSCI EAFE Quality Index (each, a "Component Index").

QEFA tracks the MSCI EAFE Factor Mix A-Series Index.

No, QEFA 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, QEFA 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 QEFA is 0.0006%. This is the percent change in the value of QEFA over the most recent 1-month period. The 3-month return on QEFA is -0.015%. This is the percent change in the value of QEFA over the most recent 3-month period.

The standard deviation of QEFA for the past year is 0.1598%. 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 QEFA include PBW, IGF, and ARKK.

ETFs correlated to QEFA include EFA, ESGD, and BBIN.

ETFs that are inversely correlated to QEFA 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.