FlexShares STOXX US ESG Select Index Fund (ESG) offers exposure to Large Cap Blend market

From Nasdaq: 2024-05-17 06:20:06

The FlexShares STOXX US ESG Select Index Fund (ESG) offers exposure to the Large Cap Blend market category. Smart beta ETFs aim to beat the market with non-cap weighted strategies. ESG tracks the STOXX USA ESG Impact Index, emphasizing environmental, social, and governance factors in stock selection. The fund is sponsored by FlexShares with $202.56 million in assets.

The ETF charges 0.32% in annual operating expenses and has a 12-month trailing dividend yield of 1.05%. With heavy exposure to the Information Technology sector, ESG’s top holdings include META, AMZN, and MSFT. The fund has gained 9.32% year-to-date and demonstrates a beta of 1.03 with 266 holdings for diversification.

Investors seeking alternatives to ESG may consider ETFs like iShares ESG Aware MSCI USA (ESGU) and JPMorgan Nasdaq Equity Premium Income (JEPQ). ESGU has $13 billion in assets and charges 0.15% in expenses, while JEPQ has $13.23 billion and charges 0.35%. Cheaper, market cap weighted ETFs are also worth considering for lower risk options.

For more information on ETFs and investment strategies, visit the Zacks ETF Center. Get key ETF info and top news delivered with Zacks Fund Newsletter. Explore analyst recommendations and research reports on Zacks Investment Research. Consider all options for a well-rounded investment approach.



Read more at Nasdaq: Is FlexShares STOXX US ESG Select Index Fund (ESG) a Strong ETF Right Now?