##  [# ESG ETF Tracks Modified S&P 500 Index](/sections/daily-etf-watch/esg-etf-tracks-modified-sp-500-index) 

 

# ESG ETF Tracks Modified S&P 500 Index

 

 

New fund covers companies of the S&P 500 with the best ESG scores.



 

 

 

 

 [![HeatherBell_green_bg](/sites/default/files/styles/author_image_icon/public/2023-03/heather2.png?itok=5J9vBlda)](/contributors/heather-bell) 

[By Heather Bell](/contributors/heather-bell)

 Jun 26, 2019

 Edited by: Heather Bell

 

 

     Share  <a class="a2a a2a_button_email"> Email </a><a class="a2a a2a_button_linkedin"> LinkedIn </a><a class="a2a a2a_button_facebook"> Facebook </a><a class="a2a a2a_button_x"> X (Twitter) </a> 

 

 

 

 

 

 

 

 

  
            googletag.cmd.push(function() {
                googletag.display('js-dfp-tag-article_page_302x26');
            });
    
    

 

 

  

 



 

 

  Loading 

 

 



 

 

Today DWS rolled out an environmental, social and governance (ESG) ETF that tracks an index derived from the S&amp;P 500 Index. The [Xtrackers S&amp;P 500 ESG ETF (SNPE)](https://www.sec.gov/Archives/edgar/data/1503123/000119312519181379/d730839d497k.htm) is the fifth socially responsible ETF to be added to DWS’ lineup.

SNPE lists on the NYSE Arca and has an expense ratio of 0.11%.

The fund’s underlying index aims to capture 75% of the float-adjusted market capitalization of each of the Global Industry Classification Standard (GICS) industry groups in the S&amp;P 500.

Companies are automatically excluded from the index if they have any significant involvement in business activities around tobacco or weapons, and if they fall within the bottom 5% of rankings based on the United Nations Global Compact or the bottom 25% of S&amp;P DJI ESG scores within their respective industry groups, according to the prospectus.

The companies are selected based on their S&amp;P DJI ESG scores, with the top scoring companies in each GICS industry group chosen for the index until 75% of the industry group has been covered. At the end of March, the index for SNPE included 329 components, the document says.

*Contact Heather Bell at* [*hbell@etf.com*](mailto:hbell@etf.com)



 

 

 [ Heather Bell ](/contributors/heather-bell) 

 

 

  Heather Bell is a former managing editor of etf.com. She has also held editorial positions at Dow Jones Indexes and Lehman Brothers. Bell is a…   [View Bio](/contributors/heather-bell)

 



 

 


 Related Topics  [ESG](http://www.etf.com/topics/esg) 

 [Socially Responsible](http://www.etf.com/topics/socially-responsible)