ESGAAmerican Century Sustainable Equity ETF
ESGA Fund Description
ESGA is an actively-managed, nontransparent fund of US companies that are screened by a combination of fundamental measures and ESG metrics.
ESGA Factset Analytics Insight
ESGA is one of the first ETFs to use the nontransparent, NYSE Proxy Portfolio structure which discloses holdings only on a quarterly basis with a 15-day lag. The fund actively selects US large-caps using its own quantitative model to score stocks based on their value and growth potential with an overlay of ESG metrics, with the end goal of identifying most attractive ESG stocks. Each stock’s final composite score is evaluated on a sector-specific basis, meaning those with the strongest score in their respective sector are considered for the portfolio. Through this investment process, ESGA seeks to build an ESG profile that it believes will outperform its benchmark, the S&P 500. Due to its unique structure, the fund holdings are represented in a proxy portfolio published on its website daily which correlates to the fund’s holdings, and disclose its weight overlap which represents return deviation relative to the actual fund holdings. It is important to consider the trading aspects of such a structure.
ESGA MSCI ESG Analytics Insight
American Century Sustainable Equity ETF has an MSCI ESG Fund Rating of A based on a score of 6.38 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. American Century Sustainable Equity ETF ranks in the 57th percentile within its peer group and in the 71st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
ESGA 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.
ESGA Summary Data
ESGA Portfolio Data
ESGA Index Data
ESGA Portfolio Management
ESGA Tax Exposures
ESGA Fund Structure
ESGA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ESGA. ESGA is rated a N/A out of 5.
ESGA Economic Development
ESGA Performance Statistics
ESGA MSCI ESG Ratings
ESGA Benchmark Comparison Summary
ESGA Benchmark Comparison Market Cap Size