ESGY ISSUER
The ESGY ETF is managed by a team dedicated to sustainable investing, aiming to identify large capitalization companies that exhibit sustainable business improvement. This ETF employs a proprietary multi-factor model that assesses both financial metrics and environmental, social, and governance (ESG) criteria. The model assigns each security an ESG score based on various ESG characteristics, such as environmental impact, social responsibility, and governance practices. The portfolio managers utilize a combination of internal data, research, and third-party sources to evaluate each security's ESG attributes. The fund seeks to invest in companies with strong ESG profiles and sustainable competitive advantages within their respective sectors, aiming to provide better returns while maintaining a robust ESG profile. Under normal market conditions, at least 80% of the fund's assets are invested in sustainable securities, as defined by the advisor's ESG scoring model. The ESGY ETF is actively managed and nondiversified, typically holding between 70-90 stocks, and it aims to outperform the Russell 1000 Growth Index with an emphasis on ESG factors.
ESGY DIVIDEND
The ESGY Dividend ETF focuses on sustainable and socially responsible investing, and while its primary objective is ESG (Environmental, Social, and Governance) criteria, it also offers dividend returns. Dividends from ESGY are typically distributed on a quarterly basis, subject to the individual dividend policies of the companies within its portfolio. Investors who prioritize both ethical investing and income generation may find ESGY to be a suitable choice for their investment goals.
ESGY TRACKING
Tracking sustainable business improvement is the primary objective of the ESGY ETF, which stands for Environmental, Social, and Governance Yield. This exchange-traded fund invests in large capitalization companies that demonstrate sustainable business practices through a proprietary multi-factor model. The model assesses a stock's growth and value potential alongside its environmental, social, and governance (ESG) metrics. ESGY aims to create a portfolio of stocks with strong ESG profiles while seeking competitive advantages and better returns, all while minimizing additional risk compared to the Russell 1000 Growth Index. This actively managed, nontransparent ETF typically holds 70-90 stocks, with an emphasis on ESG criteria in its investment decisions.
ESGY CORRELATION
The correlation aspect of the ESG FlexShares STOXX US ESG Impact Index Fund (ESGY) is influenced by its investment strategy, which focuses on large capitalization companies showing sustainable business improvement through a proprietary multi-factor model that combines fundamental growth and value metrics with environmental, social, and governance (ESG) criteria. While specific correlation data for ESGY is not readily available, its investment approach may lead to correlations with companies that emphasize ESG factors in their operations. Investors seeking a deeper understanding of ESGY's correlations and their impact on its performance can utilize the ETF Insider web app, which offers comprehensive insights and visualizations for all US ETFs, allowing them to assess overlaps and relationships with various market segments and assets. ETF Insider provides valuable tools and resources to analyze correlations, making it easier for investors to make informed decisions. Whether you're interested in diversifying your portfolio, assessing risk, or exploring how ESG criteria affect an ETF's performance, ETF Insider's web app offers a user-friendly interface for accessing detailed data and insights. By leveraging these features, investors can gain a deeper understanding of the correlations associated with ESGY and other US ETFs, facilitating better-informed investment strategies.
ESGY SECTOR
The ESGY (Environmental, Social, and Governance Yield) ETF focuses on sustainable investments across various sectors. This ETF employs a proprietary multi-factor model that combines fundamental measures of a stock's growth and value potential with environmental, social, and governance (ESG) metrics. The model assigns each security a financial metrics score and an ESG score, which are equally weighted to create an overall score. ESGY aims to build a portfolio of stocks with strong ESG profiles while seeking sustainable competitive advantages and better returns without taking on significant additional risk. The fund is actively managed and typically holds 70-90 stocks, emphasizing ESG criteria in its investment decisions.
ESGY EXPOSURE
The exposure characteristic of the Environmental, Social, and Governance Yield) ETF (ESGY) revolves around an investment strategy that actively seeks to achieve its objectives through bottom-up fundamental analysis while maintaining a long-term, tax-aware approach. ESGY primarily invests in a diversified portfolio of investment-grade municipal bonds, emphasizing bonds rated in the highest credit categories (AAA to BBB) by nationally recognized credit rating agencies. These municipal bonds are typically exempt from federal income tax, providing investors with tax-efficient income. Additionally, the ETF may allocate up to 20% of its assets in non-municipal securities, including domestic and foreign corporate bonds and U.S. government securities, to potentially enhance returns. ESGY's investment approach incorporates environmental, social, and governance (ESG) criteria, among other factors, as part of its credit evaluation process, aligning with socially responsible investment principles. Investors can use ETF Insider's web app to gain deeper insights into ESGY's exposure, visualize its holdings, and explore correlations and overlaps with other US ETFs to make informed investment decisions.
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