HARTIQ Healthy Hearts ETF
HART Fund Description
HART tracks a market-cap-weighted index composed of global stocks with favorable health-related ESG ratings.
HART Factset Analytics Insight
HART targets global firms that are positively-rated for health standards reflecting the initiatives of the American Heart Association. This includes companies involved in curing heart diseases or helping limit cardiovascular risks by adopting a healthy lifestyle. Although companies of any capitalization from both developed and emerging economies are generally eligible for inclusion, the fund excludes countries believed to have oppressive regimes. The fund also has exclusionary screens for controversial activities, such as those involved in vices, weapons, animal testing and GMOs. Companies that make the cut receive an ESG score based on the fund’s “healthy heart” theme. The top 50-80 stocks constitute the fund’s concentrated portfolio. Stocks are then weighted by market cap, with individual stock weights capped at 5%. The index is rebalanced on a quarterly basis.
HART MSCI ESG Analytics Insight
IQ Healthy Hearts ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.50 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 Healthy Hearts ETF ranks in the 17th percentile within its peer group and in the 33th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HART 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.
HART Summary Data
HART Portfolio Data
HART Index Data
HART Portfolio Management
HART Tax Exposures
HART Fund Structure
HART Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HART. HART is rated a 4 out of 5.
HART Economic Development
HART Performance Statistics
HART MSCI ESG Ratings
HART Benchmark Comparison Summary
HART Benchmark Comparison Market Cap Size