CLRGIQ Chaikin U.S. Large Cap ETF
CLRG Fund Description
CLRG tracks an equal-weighted index of large-cap US stocks selected based on a multi-factor model.
CLRG Factset Analytics Insight
CLRG offers a multifactor take on US large-cap stocks using the Chaikin Power Gauge, a model based on 20 fundamental and technical metrics, which are grouped into four primary components: value (35% weight), growth (20%), technical (15%), and sentiment (30%). The fund starts with all the eligible securities from the NASDAQ US 300 Index which are first narrowed down using a risk filter that omits the riskiest third of the securities based mainly on beta and volatility. From this filtered subset, 100 securities having the highest ranking per the Chaikin Power Gauge metrics will be selected for inclusion, considering necessary industry constraints. The index constituents are weighted equally and rebalanced annually. Overall, CLRG’s take on the US large-cap space makes it a great complement for CSML, which on the other hand focuses on the small-cap segment of the US equity market.
CLRG MSCI ESG Analytics Insight
IQ Chaikin U.S. Large Cap ETF has an MSCI ESG Fund Rating of AA based on a score of 7.31 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. IQ Chaikin U.S. Large Cap ETF ranks in the 57th percentile within its peer group and in the 36th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CLRG MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
CLRG Summary Data
CLRG Portfolio Data
CLRG Index Data
CLRG Portfolio Management
CLRG Tax Exposures
CLRG Fund Structure
CLRG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CLRG. CLRG is rated a 4 out of 5.
CLRG Sector/Industry Breakdown
CLRG Economic Development
CLRG Performance Statistics
CLRG MSCI ESG Ratings
CLRG Benchmark Comparison Summary
CLRG Benchmark Comparison Market Cap Size