VanEck MSCI EAFE Analyst Sentiment ETF (VEFA)

VanEck MSCI EAFE Analyst Sentiment ETF (VEFA) is an index-based exchange-traded fund that invests in stocks of companies in developed markets across Europe, Australasia and the Far East. It seeks to track an MSCI index that selects and weights these stocks using measures of sell-side analyst sentiment.

The methodology relies on signals such as revisions to analyst earnings estimates and recommendations, tilting the portfolio toward companies that analysts view more positively. The index is rebalanced periodically, and its holdings span sectors in major developed markets including Japan, the United Kingdom and continental Europe. This approach differs from traditional market-capitalization weighting by incorporating forward-looking research signals.

The fund is sponsored by VanEck, a New York-based asset manager.