SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX)

fossil-fuel-free international-equity esg developed-markets

This ETF offers a nuanced approach to sustainable international investing, focusing on developed markets outside North America. It tracks an index of companies in Europe, Australasia, and the Far East, explicitly excluding those owning fossil fuel reserves. The fund provides exposure to a broad swath of the global economy while addressing climate change concerns. For investors seeking to internationalize their portfolio with a tilt towards sustainability, this ETF offers a compelling blend of geographical diversification and environmental responsibility. It allows for participation in developed market growth without direct exposure to fossil fuel reserve owners, potentially mitigating long-term carbon risks.