ESGS consists of large- and mid-cap stocks from the MSCI USA Index, excluding REITs. To be eligible for inclusion, each company must have an ESGM Rating of 1 or 2 and a forward annualized dividend yield of at least 1%. After that, companies are scored on a sector and region-relative basis, which focuses on forward dividend yield, dividend growth, and cash-based dividend coverage ratio factors. The market cap-weighted Index contains the 100 highest-scoring securities and undergoes quarterly reconstitution. The Investment Managers proprietary Environmental, Social, and Governance Materiality (ESGM) Ratings draw on the Sustainability Accounting Standards Board (SASB) framework, which uses Sustainable Industry Classification System to group companies based on shared sustainability risks and opportunities. Before Oct. 14, 2022, the fund tracked the Beta Advantage U.S. ESG Equity Income Index that screens companies based on dividend yields and ESG screens using the MSCI ESG Rating. The fund was previously named Columbia Sustainable U.S. Equity Income ETF.