metamorworks
Overview
The iShares MSCI EAFE ETF (NYSEARCA:EFA) is an exchange-traded fund (ETF) that provides exposure to a diverse set of large and mid-sized companies across developed markets of Europe, Australasia, and the Far East, hence the acronym EAFE. The fund specifically excludes stocks from the U.S. and Canada, targeting investors looking for international diversification.
EFA’s mission is to track the investment results of the MSCI EAFE Index, which encompasses equities from various sectors, with a typical concentration in financials, healthcare, industrials, consumer discretionary, and consumer staples. This sector allocation mirrors the economic composition of the included geographies.
The ETF operates on a passive investment strategy, aiming to match the performance of the MSCI EAFE Index before accounting for fees and expenses. As such, it doesn’t include small-cap…
