USNZ is a strong ETF aligned with ESG principles, offering diversification and solid performance

From Nasdaq: 2024-06-14 06:20:04

The Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) was launched on 06/28/2022, offering exposure to the Style Box – All Cap Blend category. Smart beta ETFs differ from traditional market cap weighted indexes, aiming to outperform the market through stock selection based on certain fundamental characteristics.

Managed by Deutsche Bank Ag, USNZ seeks to match the performance of the SOLACTIVE ISS ESG US NT ZR PATHWY ENH ID index, which includes large and mid-cap U.S. companies meeting specific ESG criteria. With an expense ratio of 0.10%, USNZ offers an affordable option for investors seeking to align with ESG principles.

USNZ has returned 15.28% YTD and 26.73% over the last 12 months, with top holdings including Apple Inc, Nvidia Corp, and Microsoft Corp. With 359 holdings, USNZ effectively diversifies company-specific risk, making it a solid choice for investors looking to outperform the Style Box – All Cap Blend.

While USNZ is a reasonable option in its category, investors can also consider alternatives like iShares ESG Aware MSCI USA ETF (ESGU) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). ESGU has $12.77 billion in assets, with an expense ratio of 0.15%, while JEPQ has $14.29 billion in assets and charges 0.35%.

For more information on USNZ and other ETFs, visit Zacks ETF Center. Stay informed with Zacks’ free Fund Newsletter for top news and analysis, along with top-performing ETFs. Follow the link to receive key ETF updates straight to your inbox and access the latest recommendations from Zacks Investment Research.



Read more at Nasdaq: Is Xtrackers Net Zero Pathway Paris Aligned US Equity ETF (USNZ) a Strong ETF Right Now?