SMLEXtrackers S&P SmallCap 600 ESG ETF
SMLE Fund Description
SMLE tracks a market-cap-weighted index of US small-cap stocks screened for various environmental, social, and governance factors.
SMLE Factset Analytics Insight
SMLE selects securities from the S&P SmallCap 600 Index that meet ESG screens, while maintaining similar risk and return as the index. Using various exclusionary screens, the fund eliminates companies: (1) involved in tobacco, weapons, and thermal coal, (2) those with Global Compact (GC) scores ranked in the bottom 5% of all UNGC-scored companies globally, (3) firms with ESG risks flagged by released Media and Stakeholder Analysis (MSA), and (4) those with S&P DJI ESG scores within the bottom 25% from each GICS industry group. Remaining companies are then ranked in descending order of their S&P DJI ESG scores, selecting securities until 75% of each industry group’s market-cap is reached. Constituents are weighted by market-cap and rebalanced annually. Overall, SMLE’s ESG take on the US small-cap stocks makes it a great complement to SNPE and MIDE which are Xtrackers’ ESG view on the US total market and midcaps, respectively.
SMLE MSCI ESG Analytics Insight
Xtrackers S&P SmallCap 600 ESG ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.26 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. Xtrackers S&P SmallCap 600 ESG ETF ranks in the 30th percentile within its peer group and in the 30th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
SMLE 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.
SMLE Summary Data
SMLE Portfolio Data
SMLE Index Data
SMLE Portfolio Management
SMLE Tax Exposures
SMLE Fund Structure
SMLE Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SMLE. SMLE is rated a 4 out of 5.
SMLE Sector/Industry Breakdown
SMLE Top 10 Holdings[View All]
SMLE Economic Development
SMLE Performance Statistics
SMLE MSCI ESG Ratings
SMLE Benchmark Comparison Summary
SMLE 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.