KRMAGlobal X Conscious Companies ETF
KRMA Fund Description
KRMA tracks an equal-weighted index composed of U.S.-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics.
KRMA Factset Analytics Insight
KRMA tracks an equal-weighted index that focuses on ESG factors as they relate to the five stakeholders of a company: customers, employees, suppliers, stock and debt holders, and communities in which the company operates. Specifically, the index uses a multitude of information resources, public rankings, and proprietary models to score and rank companies that exhibit positive ESG characteristics such as employee productivity, customer loyalty, corporate governance, executive integrity, and quality of financial reporting, among a number of other categories. The final step in the process screens out companies that haven’t exhibited these ESG characteristics for three consecutive years. Minimum capitalization for KRMA is USD 2 billion, effectively screening out many small caps. The fund makes no claims to sector constraints. The Index undergoes annual reconstitution in October and quarterly rebalance starting each in January.
KRMA MSCI ESG Analytics Insight
Global X Conscious Companies ETF has an MSCI ESG Fund Rating of A based on a score of 6.49 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. Global X Conscious Companies ETF ranks in the 61st percentile within its peer group and in the 77th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
KRMA 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.
KRMA Summary Data
KRMA Portfolio Data
KRMA Index Data
KRMA Portfolio Management
KRMA Tax Exposures
KRMA Fund Structure
KRMA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of KRMA. KRMA is rated a 5 out of 5.
KRMA Sector/Industry Breakdown
KRMA Economic Development
KRMA Performance Statistics
KRMA MSCI ESG Ratings
KRMA Benchmark Comparison Summary
KRMA Benchmark Comparison Market Cap Size