ECONColumbia Emerging Markets Consumer ETF
ECON Fund Description
ECON tracks a market-cap-weighted index of 60 emerging-market companies in consumer-oriented sectors.
ECON Factset Analytics Insight
ECON provides exposure to consumers in emerging markets, holding 60 leading firms as defined by S&P. The fund holds 20 firms in each of three sectors—consumer staples, consumer discretionary, and communication services—screened by a combination of market cap, revenue, and net profit. ECON is market-cap weighted, with guardrails to prevent large under- or overweights to any one country. Prior to March 18, 2019, ECON tracked a related index of 30 emerging-market consumer companies. The fund is rebalanced annually and reviewed quarterly. Prior to Oct. 19, 2016 the fund had a different name reflecting EGShares as issuer. Columbia acquired EGShares on Sept. 1, 2016.
ECON MSCI ESG Analytics Insight
Columbia Emerging Markets Consumer ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.43 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. Columbia Emerging Markets Consumer ETF ranks in the 32nd percentile within its peer group and in the 52nd percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ECON 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.
ECON Summary Data
ECON Portfolio Data
ECON Index Data
ECON Portfolio Management
ECON Tax Exposures
ECON Fund Structure
ECON Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ECON. ECON is rated a 3 out of 5.
ECON Sector/Industry Breakdown
ECON Economic Development
ECON Performance Statistics
ECON MSCI ESG Ratings
ECON Benchmark Comparison Summary
ECON Benchmark Comparison Market Cap Size