IQSIIQ Candriam ESG International Equity ETF
IQSI Fund Description
IQSI tracks a proprietary index of developed-market stocks selected by ESG criteria and weighted by market-cap.
IQSI Factset Analytics Insight
IQSI is an index-tracking fund designed to deliver exposure to international developed companies meeting environmental, social and corporate governance criteria developed by IndexIQ and Candriam. To form the initial index universe, the fund combines sector-specific analysis and ranking of issuer-specific factors, like corporate governance and labor practices, along with a macro analysis of the issuer’s exposure to global sustainability trends, including health and wellness. Companies in the top 70% within each sector are selected. Companies are further screened based on any continued and significant non-compliance to Candriam’s ESG criteria to exclude from the final index. The index is market-cap weighted with 10% cap placed on each security. IQSI is reconstituted and rebalanced quarterly.
IQSI MSCI ESG Analytics Insight
IQ Candriam ESG International Equity ETF has an MSCI ESG Fund Rating of AA based on a score of 8.64 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 Candriam ESG International Equity ETF ranks in the 93th percentile within its peer group and in the 87th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
IQSI 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.
IQSI Summary Data
IQSI Portfolio Data
IQSI Index Data
IQSI Portfolio Management
IQSI Tax Exposures
IQSI Fund Structure
IQSI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of IQSI. IQSI is rated a 4 out of 5.
IQSI Sector/Industry Breakdown
IQSI Top 10 Holdings[View All]
IQSI Economic Development
IQSI Performance Statistics
IQSI MSCI ESG Ratings
IQSI Benchmark Comparison Summary
IQSI Benchmark Comparison Market Cap Size