What does Xtrackers MSCI USA Climate Action Equity ETF do?

Xtrackers MSCI USA Climate Action Equity ETF (NYSE:USCA) focuses on investing in US companies actively contributing towards climate action and sustainability. This ETF aims to provide investors with exposure to firms that are leading the charge in reducing carbon emissions and improving environmental standards. It pursues this objective by tracking the performance of an index comprised of U.S. companies that are considered to have high involvement in climate action activities. The fund selects companies based on their commitment to limiting or reducing the impact of climate change through their operations, products, and services. Xtrackers MSCI USA Climate Action Equity ETF places a strong emphasis on achieving a positive environmental impact while also seeking to offer competitive returns for its investors.
Xtrackers MSCI USA Climate Action Equity ETF company media

Company Snapshot

key

Ownership

Public
people

Employees

3,640
pie chart

Sector

ETF
location pin

Head Office

New York, United States
founded flag

Year Founded

2023

What does Xtrackers MSCI USA Climate Action Equity ETF specialise in?

/Climate Action /Equity Investment /Sustainable Investing /Risk Management /ESG Performance /Portfolio Diversification

What are the products and/or services of Xtrackers MSCI USA Climate Action Equity ETF?

Overview of Xtrackers MSCI USA Climate Action Equity ETF offerings
Exposure to Climate-Conscious Companies: USCA primarily invests in U.S. companies selected based on their commitment to sustainability and taking positive actions to address climate change. This allows investors to align their investments with their values and potentially benefit from the growing trend of sustainable practices.
MSCI USA Climate Action Index: The ETF tracks the MSCI USA Climate Action Index, which identifies and weights companies based on several factors.
Diversification: USCA holds a basket of companies across various sectors, potentially reducing risk compared to investing in individual climate-focused companies.
Passive Management: The ETF passively tracks the underlying index, meaning it doesn't attempt to actively select or outperform individual companies. This typically results in lower fees compared to actively managed funds.
Exchange-Traded: Shares of USCA are traded on a stock exchange like any other stock, allowing for easy buying and selling throughout the trading day. This provides flexibility for investors managing their portfolios.
Transparency: The holdings of the ETF are publicly disclosed, allowing investors to understand the specific companies they are indirectly invested in through USCA.