NZUSSPDR MSCI USA Climate Paris Aligned ETF
NZUS Fund Description
NZUS tracks a tier-weighted index of large- and mid-cap US stocks selected and weighted based on ESG criteria that are compatible with the Paris Climate Agreement and carbon reduction goals.
NZUS Factset Analytics Insight
NZUS takes a climate approach to investing in the US large- and mid-cap space by tracking an index geared toward a low-carbon economy transition. The index initially screens out stocks from the MSCI USA Index, that are involved in controversial weapons, tobacco, thermal coal mining, oil and gas, and power generation, as well as severe ESG controversies and environmental issues. The portfolio selection and weighting utilize an optimization process that minimizes exposure to physical and transition risks of climate change while providing exposure to sustainable investment opportunities. Optimization constraints include greenhouse gas intensity reduction, low carbon transition score, climate value-at-risk, green revenue, and fossil fuels-based revenue. The index also uses an optimizer to maintain the sector weighting in the parent index. NZUS uses a sampling strategy to track its index, which is rebalanced semi-annually.
NZUS Summary Data
NZUS Portfolio Data
NZUS Index Data
NZUS Portfolio Management
NZUS Tax Exposures
NZUS Fund Structure
NZUS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of NZUS. NZUS is rated a N/A out of 5.
NZUS Sector/Industry Breakdown
NZUS Economic Development
NZUS Performance Statistics
NZUS Benchmark Comparison Summary
NZUS Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.