Additionally, the DBX MSCI EAFE Currency-Hedged Equity Fund ETF (NYSEArca: DBEF) follows the MSCI EAFE US Dolalr Hedged Index, which provides exposure to the same pool of stocks but limits the risks a depreciating foreign currency may have on the fund. However, the ETF will not benefit if foreign currencies appreciate. DBEF has a 0.36% expense ratio,
Sector allocations include basic materials 8.8%, consumer discretionary 9.9%, financials 18.7%, real estaet 3.4%, telecom 5.7%, energy 8.5%, industrials 14.1%, tech 4.5%, consumer staples 12.3%, healthcare 10.3% and utilities 4.0%. Again, the U.K. and Japan are the top country allocations at 20%, developed European countries make up 42.4% and Australasia is 10.8%.
The ESG Shares Pax MSCI EAFE ESG Index ETF (NYSEArca: EAPS) tries to reflect the Pax MSCI EEAFE ESG Index, which focuses on the developed Asian and European securities that have high sustainability and meet specific environmental, social and governance, or “ESG,” standards. The ETF has a 0.55% expense ratio, 143 holdings and a 2.44% yield.
Sector allocations include financials 26.7%, consumer discretionary 12.8%, health care 12.0%, consumer staples 11.6%, industrials 11.6%, materials 7.0%, telecoms services 6.2%, energy 6.1%, information tech 3.8% and utilities 2.0%. Country allocations include U.K. 24.4%, Japan 22.5%, Australia 9.8%, Switzerland 8.2%, France 7.9%, Spain 5.2%, Germany 5.1%, Sweden 4.9%, Netherlands 2.8%, Belgium 2.1%, Denmark 2.1% and Italy 1.4%.
The iShares MSCI EAFE Minimum Volatility Index Fund ETF (NYSEArca: EFAV) tries to reflect the performance of the MSCI EAFE Minimum Volatility Index, whic is comprised of stocks that exhibit lower volatility swings. The fund has a 0.20% expense ratio, 172 holdings and a 6.7% 30-day SEC yield.
EFAV’s sector allocations include financials 17.6%, consumer staples 17.1%, health care 13.8%, industrials 12.1%, telecom 10.3%, consumer discretionary 9.1%, utilities 8.9%, materials 4.8%, energy 3.5% and information technology 2.4%. Country allocations include U.K. 27.9%, Japan 27.2%, Switzerland 11.4%, Hong Kong 8.2%, Singapore 5.5%, France 4.1%, Australia 3.8%, Germany 3.1%, Israel 1.7% and Netherlands 1.7%.
For more information on global economies, visit our global ETFs category.
Max Chen contributed to this article.