Invesco MSCI EAFE Income Advantage ETF
$54.57+0.05 (+0.09%)
- 0.42%
- $661M
- +13.5%
- 8.45%
- 0.1M sh
- $54.39
- low $51.10high $57.39
The ETF.net EFAA Grade
A
Score 77 out of 100
- 2 of 25
Score 77 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A96 out of 100Rank 2 of 25Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 11 of 25Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 10 of 25Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A81 out of 100Rank 3 of 19Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 4 of 25
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
- 679
- 30%
- Invesco Premier US Government Money Portfolio
Sectors
- Financials26.0%
- Industrials18.6%
- Technology12.0%
- Health Care10.0%
- Consumer Discretionary7.2%
- Consumer Staples6.4%
- Materials5.8%
- Communication4.8%
- Energy4.0%
- Utilities3.6%
- Real Estate1.5%
Geography
- Japan25.33%
- United Kingdom13.70%
- Switzerland9.49%
- Germany8.62%
- France8.21%
- Netherlands7.05%
- Australia6.41%
- Spain3.86%
- 17.33%
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.
Not enough history yet.Not enough history yet.Not enough history yet.
EFAA$11,351
Returns run to the Oct 12, 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 | +7.4% |
| 1 month | −2.5% |
| 3 months | −0.5% |
| 1 year | +13.5% |
| 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 | +7.4% | |
| 2025 | +25.7% | |
| 2024 | −3.3% |
EFAA in the news
Category Review
Index option income was not one bet this year
EFAA Dividends
- 8.45%
- $4.61
- $0.39 per share
- Monthly
Distribution history
EFAA Risk
- 8.5%
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.
- 1.08
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
0.42%
EFAA0.42%
- The middle half of Index Option Income funds
- Median 0.81%
1 of the 25 Index Option Income funds charge less.
Other funds in Index Option Income
- ALQDWiShares Investment Grade Corporate Bond BuyWrite Strategy ETFExpense ratio 0.34%1 year return +0.5%
- AKNGFT Cboe Vest S&P 500 Dividend Aristocrats Target Income ETFExpense ratio 0.74%1 year return +10.2%
- BIDUBAptus International Enhanced Yield ETFExpense ratio 0.44%1 year return +23.2%
- BACYNFT Vest Laddered Autocallable Barrier & Income ETFExpense ratio 0.75%1 year return —
- BLQTIFT Vest Investment Grade & Target Income ETFExpense ratio 0.65%1 year return −3.0%