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QEFA vs BELT

State Street SPDR MSCI EAFE StrategicFactors ETF vs iShares U.S. Select Equity Active ETF

QEFA

State Street SPDR MSCI EAFE StrategicFactors ETF

State Street Investment Management

Annual cost

0.30%

Fund size

$1.1B

BELT

iShares U.S. Select Equity Active ETF

BlackRock

Annual cost

0.75%

Fund size

$9M

Key differences

  • QEFA costs 0.45% less per year.
  • QEFA is significantly larger than BELT — larger funds tend to be more liquid and less likely to close.
  • QEFA covers global markets; BELT covers north america.
  • QEFA follows a index tracking strategy; BELT uses index enhanced.
  • QEFA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QEFABELT
Annual cost (TER)0.30%0.75%
Fund size (AUM)$1.1B$9M
Since20142024
Dividend yield2.94%0.00%
Asset classequityequity
Regionglobalnorth america
Strategyindex trackingindex enhanced
CAGR 1Y+19.2%+28.9%
CAGR 3Y+14.7%N/A
CAGR 5Y+8.4%N/A
Sharpe 3Y0.82N/A
Volatility 1Y12.83%17.21%
Max drawdown-31.71%-23.05%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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