SPDR MSCI EAFE StrategicFactors ETF QEFA is likely to continue to outperform the MSCI AWCI ex USA Index on a risk-adjusted basis over the long term. Exposure to three tried-and-true factors--value, quality, and minimum volatility--coalesce into a diversified, defensive portfolio of foreign developed-markets stocks, all for a low cost. It earns a Morningstar Analyst Rating of Silver.
Will QEFA outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable QEFA’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the QEFA management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of QEFA’s parent organization’s priorities and whether they’re in line with investors’ interests.