FENIvsEFAXETF Comparison
VS
ETF 2
EFAX
State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF
This fund is part of
DM Large & Mid Cap
-0.19%
Fidelity Enhanced International ETF (FENI) and State Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETF (EFAX) belong to the same industry segment: DM Large & Mid Cap. Both ETFs have the same top 3 sector exposures: Finance, Industrials and Technology. FENI is more expensive with a Total Expense Ratio (TER) of 0.28%, versus 0.2% for EFAX. FENI is up 12.14% year-to-date (YTD) with +$4.67B in YTD flows. EFAX performs worse with 9.55% YTD performance, and -$5M in YTD flows. Run a side-by-side ETF comparison of FENI and EFAX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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FENI vs EFAX performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FENI EFAX | -3.50%-3.32% | +0.23%+0.31% | +12.14%+9.55% | +18.25%+14.61% | n/a+62.22% | n/a+46.31% |
| Flows | FENI EFAX | +$124M- | +$1.31B-$5M | +$4.67B-$5M | +$6.18B+$49M | -+$130M | -+$152M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FENI EFAX | +10.90%+11.15% | +13.45%+14.50% | n/a+14.52% | n/a+15.54% |
| Max drawdown | FENI EFAX | -3.54%-3.92% | -10.62%-11.82% | n/a-14.22% | n/a-30.78% |
| Max drawdown duration | FENI EFAX | 31d31d | 103d103d | n/a53d | n/a843d |
Trading data
FENI | EFAX | |
Last sale 9/17/2026 at 6:06 PM | $40.84 | $54.64 |
| Previous close 09/16/2026 | $40.40 | $54.09 |
| Consolidated volume 09/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
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FENI
is actively managed and doesn’t replicate an indexFENI | EFAX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/17/2026 at 6:06 PM
Live
Closed
FENI | EFAX | |
|---|---|---|
| Last price | $40.84 | $54.64 |
| 1D performance | +1.09% | +1.02% |
| AuM | $11.35 B | $500.85 M |
| E/R | 0.28% | 0.2% |
Characteristics
FENI | EFAX | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Fidelity | State Street Investment Management |
| Benchmark | - | MSCI EAFE ex Fossil Fuels Index |
| N° of holdings | 347 | 611 |
| Asset class | - | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 20, 2023 | October 24, 2016 |
| ESG | No | Yes |
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Exposure
Countries
FENI
Japan
21.81%
United Kingdom
14.1%
Switzerland
9.7%
France
8.87%
Germany
8.69%
Other
36.84%
EFAX
Japan
23.26%
United Kingdom
12.7%
Switzerland
10.5%
Germany
9.33%
France
8.47%
Other
35.74%
Sectors
FENI
Finance
28.71%
Industrials
18.26%
Technology
12.81%
Healthcare
9.29%
Consumer Non-Cycl.
8.11%
Other
22.82%
EFAX
Finance
28.3%
Industrials
16.54%
Technology
13.18%
Healthcare
10.6%
Consumer Non-Cycl.
8.11%
Other
23.27%
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Diversification
FENI
Total weight of top 15 holdings out of 15
21.4%
EFAX
Total weight of top 15 holdings out of 15
19.05%
Top 15 holdings
Data as of July 31, 2026
FENI
ASML Holding NV
3.37%
Nestlé SA
1.77%
Roche Holding AG
1.76%
Siemens AG
1.48%
Mitsubishi UFJ Financial Group, Inc.
1.45%
UBS Group AG
1.30%
Banco Bilbao Vizcaya Argentaria SA
1.28%
Novartis AG
1.23%
Rolls-Royce Holdings Plc
1.21%
HSBC Holdings Plc
1.19%
Iberdrola SA
1.16%
Banco Santander SA
1.08%
Deutsche Telekom AG
1.08%
BNP Paribas SA
1.02%
Siemens Energy AG
1.02%
EFAX
ASML Holding NV
3.15%
HSBC Holdings Plc
1.79%
Roche Holding AG
1.51%
Novartis AG
1.41%
Nestlé SA
1.27%
AstraZeneca PLC
1.26%
Siemens AG
1.19%
Mitsubishi UFJ Financial Group, Inc.
1.18%
Commonwealth Bank of Australia
1.02%
SAP SE
0.93%
Allianz SE
0.93%
Schneider Electric SE
0.90%
Toyota Motor Corp.
0.90%
UBS Group AG
0.82%
Rolls-Royce Holdings Plc
0.81%
Frequently asked questions about FENI and EFAX
How have the FENI and EFAX ETFs performed in 2026?
As of September 16, 2026, FENI is up 12.14% year-to-date (YTD), while EFAX has returned 9.55%. That puts FENI better performer ahead so far this year.
Which ETF is attracting more investor money: FENI or EFAX?
Year-to-date, the FENI ETF saw +$4.67B in flows, compared to -$5M for EFAX.
Which ETF is more volatile: FENI or EFAX?
Over the past year, FENI had a volatility of 13.45%, while EFAX experienced 14.5%.
Which ETF is bigger: FENI or EFAX?
As of September 16, 2026, FENI holds $11.35 B in assets under management (AUM), while EFAX manages $500.85 M.
What sectors do the FENI and EFAX ETFs invest in?
FENI leans toward sectors like Finance, Industrials and Technology. Meanwhile, EFAX focuses on Finance, Industrials and Technology.
What are the top holdings of the FENI ETF and EFAX ETF?
FENI top holdings include ASML Holding NV, Nestlé SA and Roche Holding AG. EFAX holds in its top three: ASML Holding NV, HSBC Holdings Plc and Roche Holding AG.
Which ETF is more diversified: FENI or EFAX?
FENI holds 368 securities with 21.4% of its assets in the top 15. EFAX has 622 securities and a top 15 weight of 19.05%.
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Latest news about FENI & EFAX
Key Takeaways from the 2024 Trackinsight Global ETF Survey: Active ETFs
February 16, 2024
FENI
Fidelity Continues Trend of Mutual Fund Conversions to ETFs
November 27, 2023
FENI
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