DEMZDemocratic Large Cap Core ETF
DEMZ Fund Description
DEMZ tracks an index of US large-cap companies whose employees are highly supportive of Democratic candidates.
DEMZ Factset Analytics Insight
DEMZ tracks an index of roughly 50 stocks, selected from the S&P 500 Index, where the companies and top executives donate 75% of political contributions to Democratic Party candidates and political action committees. A company’s political contributions are those listed in federal regulatory filings and crossed referenced with contribution data obtained from the Federal Election Commission. A financial model is used to create a profile for each of the companies that meet the selection criteria to determine its individual weight in the index. To minimize differences between the underlying index and the S&P 500, no position will be added to the index with a higher than 5% allocation and sector exposure cannot deviate from the S&P 500 +/- 5% at the beginning of each quarter. The index is reconstituted and rebalanced quarterly. Prior to April 14, 2021, the index was named DEMZ Political Contribution Index. Also, prior to March 5, 2021, the fund was named DEMZ Political Contributions ETF.
DEMZ MSCI ESG Analytics Insight
Democratic Large Cap Core ETF has an MSCI ESG Fund Rating of A based on a score of 6.59 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. Democratic Large Cap Core ETF ranks in the 63th percentile within its peer group and in the 79th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
DEMZ 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.
DEMZ Summary Data
DEMZ Portfolio Data
DEMZ Index Data
DEMZ Portfolio Management
DEMZ Tax Exposures
DEMZ Fund Structure
DEMZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of DEMZ. DEMZ is rated a N/A out of 5.
DEMZ Sector/Industry Breakdown
DEMZ Top 10 Holdings[View All]
DEMZ Economic Development
DEMZ Performance Statistics
DEMZ MSCI ESG Ratings
DEMZ Benchmark Comparison Summary
DEMZ Benchmark Comparison Market Cap Size