# ProShares - MSCI EAFE Dividend Growers ETF (EFAD): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/efad for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ProShares · Asset class: Equity - Strategy: Passive Index · Inception: 2014-08-19 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. ## Key Facts | Metric | Value | |---|---| | Price | $45.62 | | Expense Ratio | 0.50% | | Assets Under Management | $65.5M | | NAV | $45.82 | | Holdings Count | 75 | | Distribution Yield (TTM) | 2.45% | | Annual Distribution (TTM) | $1.12 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $39.53 – $45.75 | | Beta | 0.84 | ## Latest Distribution - Amount: $0.1625 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does EFAD invest in? 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. ### What is the expense ratio of EFAD? ProShares - MSCI EAFE Dividend Growers ETF (EFAD) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is EFAD? ProShares - MSCI EAFE Dividend Growers ETF (EFAD) manages $65.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is EFAD actively managed or an index fund? EFAD is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EFAD's is 0.50%) because there's no security selection cost. ### When was EFAD launched? ProShares - MSCI EAFE Dividend Growers ETF (EFAD) launched in August 2014 and is managed by ProShares. ### How has EFAD performed? EFAD's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does EFAD pay a dividend? ProShares - MSCI EAFE Dividend Growers ETF (EFAD) currently distributes little or no income. Trailing-twelve-month yield is 2.45%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does EFAD pay dividends? ProShares - MSCI EAFE Dividend Growers ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is EFAD's dividend yield? EFAD's trailing-twelve-month yield is 2.45%, calculated from the sum of dividends over the past year divided by the current price. ### When is EFAD's next ex-dividend date? The most recently announced ex-dividend date for EFAD was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will EFAD's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EFAD charge its expense ratio? The expense ratio is deducted in tiny daily slices from EFAD's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EFAD cost more than a fund like VOO? EFAD is a passive index fund (current expense ratio 0.50%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to EFAD? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as EFAD (0.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/efad - Distribution history: https://www.dividenddata.com/funds/efad/dividend - Holdings & diversification: https://www.dividenddata.com/funds/efad/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/efad/expenses - Peer comparison: https://www.dividenddata.com/funds/efad/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.