RDMXSPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF
RDMX Fund Description
RDMX tracks an index of large- and mid-cap stocks from the developed markets outside the US, that exhibit environmental, social, and governance characteristics.
RDMX Factset Analytics Insight
RDMX provides broad exposure to the large- and mid-cap developed markets ex-US space utilizing an ESG overlay. The selection process begins with an exclusionary screen which removes companies involved in and/or derive significant revenue from: Extreme Event Controversies, Controversial Weapons, UN Global Compact Violations, Civilian Firearms, Thermal Coal Extraction, and Tobacco. Remaining securities are each assigned an R-Factor score, which is calculated based on two components: 1) the ESG component which seeks to identify ESG issues that are financially material to a firm, and 2) the corporate governance component which addresses topics such as shareholder rights, board independence, and executive compensation. The final selection and weighting is determined through a quantitative process designed to maximize the fund’s overall R-Factor score, thus, resulting in a portfolio that does not necessarily hold the highest-scored securities. The index rebalances quarterly.
RDMX Summary Data
RDMX Portfolio Data
RDMX Index Data
RDMX Portfolio Management
RDMX Tax Exposures
RDMX Fund Structure
RDMX Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of RDMX. RDMX is rated a N/A out of 5.
RDMX Sector/Industry Breakdown
RDMX Top 10 Holdings[View All]
RDMX Economic Development
RDMX Performance Statistics
RDMX Benchmark Comparison Summary
RDMX 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.