LOWC

SPDR MSCI ACWI Low Carbon Target ETF
B

95
*Unless otherwise stated, data provided by FactSet.

LOWC Fund Description

LOWC tracks an index of stocks from global firms selected for a bias toward lower carbon emissions but with tight constraints to the parent broad and marketlike ACWI index.

LOWC Factset Analytics Insight

LOWC wants to do good for the planet while maintaining marketlike returns. The new fund selects stocks issued by firms with a tilt toward a smaller carbon footprint, as measured by lower greenhouse gas and carbon emissions, relative to sales and market cap, respectively. Still, this is emphatically not a "clean energy" fund like PBW or PBD. Instead LOWC explicitly aims to deliver these "green" biases while hewing tightly to the returns and exposures of its parent MSCI ACWI Index. While the fund's success with respect to its environmental goals will be hard to gauge, its performance versus the ACWI will be easy to weigh starting in May 2015. That's when we'll have our first Fit score—a high score will indicate marketlike returns and exposure. LOWC charges a reasonable fee, but trade it with care. Note that CRBN, another new fund, tracks the same index.

LOWC MSCI ESG Analytics Insight

SPDR MSCI ACWI Low Carbon Target ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.62 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. SPDR MSCI ACWI Low Carbon Target ETF ranks in the 57th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

LOWC 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.

LOWC Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 09/12/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
LOWC 3.08% 2.93% 18.48% 4.86% 9.45% -- --
LOWC (NAV) 4.38% 3.73% 18.26% 5.09% 10.40% -- --
MSCI ACWI Low Carbon Target Index 4.32% 3.64% 18.18% 4.95% 10.19% 6.49% --
MSCI ACWI + Frontier Markets IMI Index 4.21% 3.12% 17.05% 3.20% 10.05% 6.31% 8.67%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

LOWC Summary Data

SPDR
11/25/14
Open-Ended Fund
0.20%
$83.32M
$316.89K
0.25%

LOWC Portfolio Data

$159.17B
19.33
2.32
2.19%
12/20/19
1472

LOWC Index Data

Proprietary
Principles-based
MSCI ACWI + Frontier Markets IMI Index

LOWC Portfolio Management

0.20%
0.25%
0.33%
0.11%

LOWC Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

LOWC Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

LOWC Factset Analytics Block Liquidity

As of 09/13/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of LOWC. LOWC is rated a 4 out of 5.

LOWC Tradability

2,649
$316.89K
739
$89.64K
0.25%
$0.22
0.07%
1.52% / -0.96%
None
67.00%
100,000
0.01
0.06%
0.12%
0
$92.92
4

LOWC Sector/Industry Breakdown


LOWC
Segment Benchmark
21.21%
20.57%
20.88%
19.70%
12.45%
12.22%
12.24%
11.69%
11.25%
11.11%
8.25%
8.05%
4.07%
5.54%
3.60%
5.04%
3.11%
2.76%
2.90%
3.28%

LOWC Top 10 Holdings[View All]

Apple Inc. 2.21%
0.72%
11.57%

LOWC Countries


LOWC
Segment Benchmark
55.99%
55.54%
7.13%
7.58%
4.91%
5.10%
3.85%
3.40%
3.32%
3.00%
3.30%
3.02%
2.64%
2.62%
2.42%
2.48%
2.16%
2.21%
1.33%
1.38%

LOWC Regions


LOWC
Segment Benchmark
59.30%
58.56%
19.23%
19.55%
18.77%
19.12%
1.52%
1.40%
1.18%
1.37%

LOWC Economic Development


LOWC
Segment Benchmark
93.97%
93.73%
6.03%
6.27%

LOWC Performance Statistics

1.00
1.00
1.01
1.01
0.04%
MSCI ACWI + Frontier Markets IMI Index

LOWC MSCI ESG Ratings

BBB
5.62 / 10
--
57.13
8.75%
5.71%
62.42

LOWC Benchmark Comparison Holdings

1472
9001
1,446
70.95%

LOWC Benchmark Comparison Summary


LOWC
Segment Benchmark
1472
9001
$159.17B
$140.33B
19.33
19.48
2.32
2.17
2.44%
2.43%
Low
Low

LOWC Benchmark Comparison Market Cap Size


LOWC
Segment Benchmark
85.68%
74.81%
13.92%
18.13%
0.40%
6.16%
0.00%
0.88%