EFAS: Global X MSCI SuperDividend EAFE ETF

The Global X MSCI SuperDividend EAFE ETF (EFAS) is designed to provide investors with income from high-dividend stocks in developed markets outside of the U.S. and Canada. Based on the data, it is characterized by monthly distributions and a history of positive price and total returns.

What this ETF is trying to do

EFAS invests in companies that pay high dividends. It focuses on the "EAFE" region, which stands for Europe, Australasia, and the Far East. By holding a variety of these stocks, the fund aims to provide a steady stream of cash payments to its shareholders.

What the numbers show

The ETF has seen growth in both its share price and its total return over several timeframes:

• Year-to-Date: The price return is 10.08%, while the total return is 14.15%.

• One Year: The price return is 13.71%, and the total return is 19.76%.

• Three Years: The price return is 66.95%, and the total return is 98.87%.

The current price is $21.36. For comparison, the estimated price from roughly one year ago was $18.79.

Income and distribution explanation

EFAS usually pays distributions monthly. Over the last 12 months, it has made 12 payments totaling $1.09 per share. This results in a distribution yield of approximately 5.09%.

It is important for beginners to remember that a distribution yield is not the same as a total return. While the yield shows the cash paid out relative to the price, the total return includes both those cash payments and the change in the share price. In this case, the total returns have been higher than the price returns alone.

NAV erosion explanation

"NAV erosion" happens when the actual value of the fund's underlying assets drops over time. The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, looking at price-based evidence, the fund has an erosion score of 100, and the label states "No price erosion detected." The severe erosion-risk flag is also false.

Top Holdings

The fund holds 56 different assets. As of October 7, 2026, the top holdings (which are a partial list) include:

• Banca Monte Dei Paschi Di Siena: 2.56%

• Banco BPM Spa: 2.37%

• Sodexo: 2.35%

• Land Securities Group PLC: 2.31%

• Standard Life PLC: 2.28%

Pros

• Consistent Income: It provides monthly distributions.

• Strong Recent Growth: Both price and total returns have been positive over the short and medium term.

• Diversification: It spreads investments across many international companies.

Cons

• International Risk: Because it invests outside the U.S., it is subject to the risks of foreign markets.

• Yield Limits: While the yield is 5.09%, high yields alone do not guarantee that the investment will grow.

Beginner takeaway

EFAS is an international income fund. It has successfully combined a monthly distribution yield with share-price growth over the last three years. Investors typically use funds like this to get regular cash income while maintaining exposure to global stocks.