Key stats
About Xtrackers S&P SmallCap 600 ESG ETF
Expense ratio
0.15%
Home page
Inception date
Feb 24, 2021
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 groups market-cap is reached. Constituents are weighted by market-cap and rebalanced annually. Overall, SMLEs 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.
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stock breakdown by region