USNZ ISSUER
The USNZ ETF is issued by Solactive AG, a renowned index provider in the investment industry. Solactive constructed the Underlying Index to track the performance of large and mid-capitalization companies in the United States that meet specific environmental, social, and governance (ESG) criteria. With a focus on responsible investing and aligning with global climate goals, Solactive's methodology incorporates stringent ESG standards and aims to reduce carbon intensity while promoting sustainable investment practices.
USNZ DIVIDEND
Although the primary focus of the US Climate Transition ETF (USNZ) may revolve around environmental, social, and governance (ESG) criteria, it still offers a dividend distribution reflecting the performance of its underlying index, which comprises large and mid-capitalization companies in the United States meeting specific ESG standards. These dividends are distributed periodically and are influenced by the dividend policies and performances of the constituent companies, aligning with the fund's objectives of responsible investing and climate transition. Investors may benefit from both potential capital appreciation and dividend returns while supporting environmentally sustainable practices through their investment in USNZ.
USNZ TRACKING
Tracking the ESG standards-compliant large and mid-capitalization companies in the United States, the ESGZ ETF follows the Solactive GBS United States Large & Mid Cap Index, which is designed to incorporate environmental, social, and governance (ESG) criteria. The ETF seeks to mirror the performance of this index, which includes companies meeting established standards for responsible ESG conduct. Through a passive indexing approach, ESGZ aligns its holdings with the objectives of the Net Zero Investment Framework, aiming to reduce carbon intensity and align with the Paris Climate Agreement's long-term goals. This ETF provides investors with an opportunity to invest in a portfolio that reflects ESG principles and contributes to a more sustainable investment approach.
USNZ CORRELATION
The correlation aspect of the US Vegan Climate ETF (USNZ) plays a vital role in understanding its behavior in relation to the broader U.S. equity market. As USNZ focuses on companies meeting certain environmental, social, and governance (ESG) criteria, its correlation might exhibit nuances compared to traditional market-tracking ETFs. Investors interested in sustainable investing may analyze USNZ's correlation with other ESG-focused assets or sectors to assess its impact on portfolio diversification and alignment with their values. For deeper insights into USNZ's correlations and overlaps with other ETFs, investors can leverage the ETF Insider web app, which offers comprehensive data visualization tools for studying correlations and identifying investment opportunities.
USNZ SECTOR
The USNZFund, which follows a passive indexing investment approach, primarily focuses on sectors aligned with environmental, social, and governance (ESG) criteria. It emphasizes investments in large and mid-capitalization companies in the United States that meet specific ESG standards, including adherence to established norms regarding environmental practices, human rights, and labor rights. Furthermore, it excludes companies involved in controversial weapons, sectors such as fossil fuels, tobacco, and certain industries with significant negative impacts on sustainable development goals.
USNZ EXPOSURE
The USNZ ETF, known formally as the United States Net Zero Large and Mid Cap ESG ETF, offers exposure to a carefully curated selection of large and mid-capitalization companies within the United States. Leveraging a passive indexing investment approach, the fund aims to mirror the performance of its Underlying Index, which prioritizes firms meeting stringent environmental, social, and governance (ESG) criteria. By adhering to standards aligned with the Paris Climate Agreement and the Net Zero Investment Framework, USNZ emphasizes investments in companies committed to sustainability and responsible corporate practices. With a focus on sectors promoting positive ESG outcomes, such as information technology and healthcare, USNZ provides investors with an opportunity to align their portfolios with both financial objectives and ethical considerations.