Key stats
About Thrivent Small-Mid Cap ESG ETF
Expense ratio
0.65%
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Inception date
Oct 5, 2022
TSME provides targeted exposure to global mid- and small-cap companies that exhibit ESG characteristics. Eligible firms must have market capitalizations that are within the range of companies included in widely known mid- and small-cap indices, such as the Russell 2500 Index, S&P MidCap 400 Index, and S&P SmallCap 600 Index. To construct the portfolio, the adviser uses fundamental, quantitative, and technical investment techniques designed to identify firms that have sustainable long-term business models. Each companys commitment to ESG policies and practices is then assessed using various indicators, scores, and other metrics provided by third-party data sources or the advisers own analysis. Companies that are rated CCC by MSCI ESG Research are excluded. The non-transparent fund does not provide daily disclosure of its portfolio. As such, there is a risk that shares of the fund may trade at wider spreads than other ETFs that disclose holdings daily, especially during periods of volatility.
Classification
What's in the fund
Exposure type
Finance
Producer Manufacturing
Electronic Technology
Stock breakdown by region