ProShares - MSCI EAFE Dividend Growers ETF (EFAD)
ProShares - MSCI EAFE Dividend Growers ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $44.74, down 0.37% on the session, giving a market capitalisation of $62.6M. Its beta of 0.84 implies it has historically moved less than the broad market.
This ETF tracks an index, meticulously designed and overseen by MSCI, which focuses on companies already part of the broader MSCI EAFE Index. To qualify, these companies must have consistently raised their dividend payments annually for a minimum of ten years. The index itself is composed of at least 40 different stocks, with each holding assigned an equal weight. Under typical market conditions, the fund aims to allocate a minimum of 80% of its total capital to the securities included in this underlying index.
ProShares - MSCI EAFE Dividend Growers ETF is most often compared with the following Financial Services names: