Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the iShares MSCI EAFE Index Fund (AMEX: EFA) has earned a respected four-star ranking.

With that in mind, let's take a closer look at iShares MSCI EAFE Index and see what CAPS investors are saying about the ETF right now.

iShares MSCI EAFE Index facts

Inception August 2001
Total Assets $35 billion
Investment Approach Seeks to provide investment results that correspond to publicly traded securities in the European, Australasian, and Far Eastern markets, as measured by the MSCI EAFE Index.
Expense Ratio 0.34%
Dividend Yield 3.3%
1-Year / 3-Year / 5-Year Annual Returns (12.6%) / 7.3% / (5.1%)
Top Holdings with High CAPS Rating (4 or 5 Stars) and Portfolio Weight Vodafone Group (Nasdaq: VOD) (1.4%)
BP (NYSE: BP) (1.4%)
BHP Billiton (NYSE: BHP) (1.2%)
Alternatives Vanguard MSCI EAFE (NYSE: VEA)
Vanguard FTSE All-World ex-U.S. (NYSE: VEU)

Sources: Morningstar and Motley Fool CAPS.

On CAPS, 95% of the 539 members who have rated iShares MSCI EAFE Index believe the ETF will outperform the S&P 500 going forward. These bulls include A6EIntruder and FlorisHJ.

Having gotten on board a couple of years ago, A6EIntruder succinctly summed up the bull case: "Looking longer term, I like low cost … exposure to the EAFE and diversity of this ETF."

iShares MSCI EAFE Index even sports a juicy dividend yield of 3.3%. That's higher than that of other foreign blend ETFs like Vanguard MSCI EAFE (2.8%) and Vanguard FTSE All-World ex-U.S. (2.4%).

CAPS member FlorisHJ expands on the opportunity:

Nice fund giving exposure to "the world" -- everything but the US. If you think the US economy will outgrow the world, then this is not the fund for you. The rest of us stand to gain with some diversification here -- with a built-in currency play protecting against weak dollar.

What do you think about iShares MSCI EAFE Index, or any other ETF for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional ETFs is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!

Want to see how well (or not so well) the stocks in this series are performing? Follow the new TrackPoisedTo CAPS account.

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.