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Columbia Research Enhanced International Equity (REFA)
Look-through valuation · Global · ISIN US19761L8211
Price history (since 2025)
Monthly close since 2025. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| ASML Holding N.V. ASML | 4.0 % | −11.7 % | 82 |
| BHP Group Ltd BHP | 3.1 % | n/a | n/a |
| Hitachi Ltd 6501 | 2.7 % | n/a | n/a |
| Novartis AG NOVN | 2.7 % | −1.2 % | 85 |
| Recruit Holdings Co Ltd 6098 | 2.4 % | n/a | n/a |
| Advantest Corp. 6857 | 2.3 % | n/a | n/a |
| HSBC Holdings PLC HSBA | 2.3 % | −18.3 % | 57 |
| Tokyo Electron Limited 8035 | 2.3 % | n/a | n/a |
| Shell plc SHEL | 1.9 % | −13.7 % | 63 |
| Safran SA SAF | 1.8 % | +15.1 % | 66 |
| Siemens Energy AG ENR | 1.7 % | −71.2 % | 68 |
| Fast Retailing Co. Ltd. 9983 | 1.7 % | n/a | n/a |
| BNP Paribas SA BNP | 1.5 % | +18.3 % | 61 |
| Banco Santander S.A. SAN | 1.3 % | −32.5 % | 63 |
| Deutsche Telekom AG DTE | 1.3 % | −13.4 % | 56 |
| Mitsubishi Electric Corp 6503 | 1.2 % | n/a | n/a |
| AXA SA CS | 1.1 % | −14.5 % | 64 |
| Rolls-Royce Holdings PLC RR | 1.1 % | −32.9 % | 76 |
| Enel SpA ENEL | 1.1 % | −34.2 % | 38 |
| AstraZeneca PLC AZN | 1.0 % | −21.7 % | 69 |
| Banco Bilbao Vizcaya Argentaria SA BBVA | 1.0 % | n/a | n/a |
| Swedbank AB (publ) SWED-A | 0.9 % | −22.4 % | 48 |
| Deutsche Bank Aktiengesellschaft DBK | 0.9 % | n/a | n/a |
| KDDI Corp. 9433 | 0.9 % | n/a | n/a |
| British American Tobacco PLC BATS | 0.8 % | n/a | n/a |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 47 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +76.9 % below FV
- 2 MCHI iShares MSCI China ETF +41.9 % below FV
- 3 ITB iShares U.S. Home Construction ETF +37.1 % below FV
- 4 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +32.2 % below FV
- 5 VOX Vanguard Communication Services Index Fund ETF Shares +21.5 % below FV
- 6 XLC Communication Services Select Sector SPDR® Fund +20.6 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.1 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +15.2 % below FV
- 9 SHRY First Trust Bloomberg Shareholder Yield ETF +14.6 % below FV
- 10 TAN Invesco Solar ETF +14.5 % below FV
Frequently asked about REFA
Is REFA overvalued?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of REFA?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Columbia Research Enhanced International Equity ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Oct 15, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.