Key stats
About ProShares Trust ProShares MSCI EAFE Dividend Growers ETF
Expense ratio
0.50%
Home page
Inception date
Aug 19, 2014
ISIN
US74347B8393
EFAD offers exposure to a portfolio of developed-market companies, excluding the US and Canada, with a few twists. First, the fund is equally weighted, targeting a minimum of 40 stocks from the MSCI EAFE Index. Second, EFAD screens for companies that have increased their dividend payments for each of the past 10 years a filter that tilts the fund toward maturing companies. Generally, individual sector weights are capped at 30% of the Index weight, while individual country weights are capped at 50%. Despite its dividend growth screen, EFAD isnt necessarily a high yield play on developed markets. The Index undergoes quarterly rebalance starting each February with an annual reconstitution in November.
Classification
What's in the fund
Exposure type
Finance
Health Technology
Technology Services
Consumer Non-Durables
Stock breakdown by region