Invesco MSCI EAFE Income Advantage ETF
$55.22−0.72 (−1.29%)
- Expense ratio
- 0.42%
- Fund size
- $677M
- 1Y return
- +15.5%
- Yield · Last 12 months
- 8.24%
- Holdings
- 676
- Volume · 30D
- 0.1M sh
- NAV per share
- $55.66
- 52W range
The ETF.net EFAA Grade
Score 77 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 96Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 57Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 57Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 79Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 79Category rank
Our read on EFAA
AMost international income funds get their yield by cutting the field down to high payers. EFAA keeps the whole EAFE basket, roughly 700 developed-market stocks, and lets an active options overlay do the income work, paid monthly.
The fund seeks total return through current income and long-term capital growth while providing MSCI EAFE exposure through an active option-income overlay intended to generate income and help mitigate downside risk.
Why people hold it
- 0.42% a year, which undercuts HOLA, the other fund in its peer group running an option overlay on the same MSCI EAFE index.
- Roughly 700 developed-market stocks, so the Europe, Australasia and Far East exposure stays broad instead of narrowing to whatever happens to pay a fat dividend.invesco.com
- Cash arrives monthly, generated by the option overlay rather than a dividend screen. Invesco also positions those premiums as a partial cushion against downside.invesco.com
Worth knowing
- Writing options is what funds the income, so a strong overseas rally gets clipped. The monthly check is paid for with upside.
- Monthly does not mean fixed. Option premiums swell and shrink with volatility, so the size of the payout moves around.
- Launched in 2024, so there is only a short record of how the overlay handles a full market cycle.
EFAA Holdings
- Stocks
- 676
- 31%
- Invesco Premier US Government Money Portfolio
Sectors
- Financials26.4%
- Industrials18.3%
- Technology12.1%
- Health Care10.1%
- Consumer Discr.7.0%
- Cons. Staples6.3%
- Materials6.2%
- Communication4.6%
- Energy4.0%
- Utilities3.6%
- Real Estate1.4%
Geography
- Japan24.62%
- United Kingdom13.91%
- Switzerland9.49%
- Germany8.70%
- France8.58%
- Netherlands6.62%
- Australia6.41%
- Spain3.94%
- 17.72%
Developed 99% · Emerging 1%
EFAA Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | EFAA |
|---|---|
| Year to date | +10.2% |
| 1 month | −0.8% |
| 3 months | +2.4% |
| 1 year | +15.5% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | EFAA |
|---|---|---|
| 2026 YTD | +10.2% | |
| 2025 | +25.7% | |
| 2024 | −3.3% |
EFAA in the news
ETF.net Research hasn’t filed on EFAA yet — coverage lands here as it’s written.
EFAA Dividends
- 8.24%
- $4.61
- $0.39 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.39 |
| Aug 24, 2026 | Aug 28, 2026 | $0.40 |
| Jul 20, 2026 | Jul 24, 2026 | $0.39 |
| Jun 22, 2026 | Jun 26, 2026 | $0.39 |
| May 18, 2026 | May 22, 2026 | $0.38 |
| Apr 20, 2026 | Apr 24, 2026 | $0.39 |
| Mar 23, 2026 | Mar 27, 2026 | $0.36 |
| Feb 23, 2026 | Feb 27, 2026 | $0.40 |
| Jan 20, 2026 | Jan 23, 2026 | $0.39 |
| Dec 22, 2025 | Dec 26, 2025 | $0.38 |
| Nov 24, 2025 | Nov 28, 2025 | $0.37 |
| Oct 20, 2025 | Oct 24, 2025 | $0.37 |
EFAA Risk
- 8.4%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.28
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −12.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.36
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
EFAA Cost
- The middle half of Index Option Income funds
- Median 0.81%
1 of the 25 Index Option Income funds charge less.