FlexShares ESG & Climate Investment Grade Corporate Core Index FundFlexShares ESG & Climate Investment Grade Corporate Core Index FundFlexShares ESG & Climate Investment Grade Corporate Core Index Fund

FlexShares ESG & Climate Investment Grade Corporate Core Index Fund

No trades
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Key stats


Assets under management (AUM)
‪41.37 M‬USD
Fund flows (1Y)
‪−6.18 M‬USD
Dividend yield (indicated)
4.84%
Discount/Premium to NAV
−0.007%
Shares outstanding
‪1.00 M‬
Expense ratio
0.12%

About FlexShares ESG & Climate Investment Grade Corporate Core Index Fund


Brand
FlexShares
Inception date
Sep 20, 2021
Structure
Open-Ended Fund
Index tracked
Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Northern Trust Investments, Inc.(Investment Management)
Distributor
Foreside Fund Services LLC
ISIN
US33939L5710
FEIG is passively managed to provide broad-market, core exposure to the investment-grade segment of the corporate bond market. The index takes from a selection universe of USD-denominated, investment-grade corporate debt with remaining maturities of at least one year. An optimization process is used to select and weight securities in order to increase aggregate ESG score and reduce aggregate climate-related risk. Companies are ranked based on material ESG metrics and corporate governance characteristics. Each company is then assessed for carbon emissions intensity and carbon risk rating. Violators of international initiatives such as the UN global compact and firms involved in controversial activities are excluded from the portfolio. Weights are also optimized to minimize systematic risk. The index is reconstituted and rebalanced on a monthly basis.

Broaden your horizons with more funds linked to this ETF via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
ESG
Geography
U.S.
Weighting scheme
Principles-based
Selection criteria
Principles-based
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Stock breakdown by region
1%0.1%88%7%2%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FEIG trades at 41.38 USD today, its price has risen 0.09% in the past 24 hours. Track more dynamics on FEIG price chart.
FEIG net asset value is 41.38 today — it's fallen 1.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FEIG assets under management is ‪41.37 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FEIG price has fallen by −1.31% over the last month, and its yearly performance shows a 1.27% increase. See more dynamics on FEIG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −1.02% over the last month, have fallen by −1.02% over the last month, showed a 1.85% increase in three-month performance and has increased by 6.49% in a year.
FEIG fund flows account for ‪−6.18 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FEIG invests in bonds. See more details in our Analysis section.
FEIG expense ratio is 0.12%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FEIG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FEIG technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FEIG shows the neutral signal. See more of FEIG technicals for a more comprehensive analysis.
Yes, FEIG pays dividends to its holders with the dividend yield of 4.84%.
FEIG trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FEIG shares are issued by Northern Trust Corp.
FEIG follows the Northern Trust ESG & Climate Investment Grade U.S. Corporate Core TR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 20, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.