APXHAPEX HealthCare ETF
APXH Fund Description
APXH is a passively managed fund comprised of companies from the global healthcare space, selected based on fundamental strength and weighted by market cap.
APXH Factset Analytics Insight
APXH tracks an index designed to provide exposure to global healthcare companies. The index uses a rules-based methodology to score eligible companies by the strength of their fundamentals. The index provider starts by reviewing financial statements of eligible companies, excluding those the adviser deems to have unreliable reporting due to anomalies and inconsistencies. The scoring process begins with analyzing financial data and historic stock prices. Using a total of 24 fundamental indicators - all falling under four categories such as growth, value, profitability and cash flow - a final score for each company is determined. The top 100 considered to be fundamentally sound are selected for the index. Once chosen, they are market-cap weighted within the index with a cap of 5% per issuer. The fund can become geographically concentrated, but may fluctuate depending on market conditions. Rebalancing is done semi-annually.
APXH MSCI ESG Analytics Insight
APEX HealthCare ETF has an MSCI ESG Fund Rating of A based on a score of 6.10 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. APEX HealthCare ETF ranks in the 34th percentile within its peer group and in the 55th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
APXH Summary Data
APXH Portfolio Data
APXH Index Data
APXH Portfolio Management
APXH Tax Exposures
APXH Fund Structure
APXH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of APXH. APXH is rated a 4 out of 5.
APXH Sector/Industry Breakdown
APXH Economic Development
APXH Performance Statistics
APXH MSCI ESG Ratings
APXH Benchmark Comparison Summary
APXH Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.