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Since inception, EFAV has proven adept at reducing risk.
“The fund’s approach has successfully achieved its goal of reducing risk. From its launch in October 2011 through June 2018, its volatility was 23% lower than the MSCI EAFE Index, allowing its risk-adjusted returns to easily beat this same bogy,” said Morningstar. “Its 0.20% expense ratio is another attractive feature. This fee ranks among the lowest in the foreign large-blend Morningstar Category and provides the fund with a sustainable advantage over its more expensive competitor.”
EFAV earns a Morningstar rating of Silver.
For more on Smart Beta ETFs, visit the Smart Beta Channel.