Xtrackers S&P 500 ESG ETF company info

What does Xtrackers S&P 500 ESG ETF do?
Xtrackers S&P 500 ESG ETF (NYSE:SNPE) engages in offering investors a unique blend of environmental, social, and governance (ESG)-focused investment opportunities, tracking the performance of the S&P 500 ESG Index. This index is composed of companies that meet specific sustainability criteria, allowing investors to contribute to positive societal impacts while seeking financial returns. The fund aims to provide a diversified exposure to U.S. companies that lead in ESG practices, excluding those involved in controversial activities. Through its investments, Xtrackers S&P 500 ESG ETF strives to balance shareholder value with the imperative of promoting a sustainable and equitable global environment, embodying the objectives of both financial gain and positive contribution to society.
Xtrackers S&P 500 ESG ETF company media
Company Snapshot

Is Xtrackers S&P 500 ESG ETF a public or private company?

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Ownership
Public

How many people does Xtrackers S&P 500 ESG ETF employ?

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Employees
3,640

What sector is Xtrackers S&P 500 ESG ETF in?

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Sector
ETF

Where is the head office for Xtrackers S&P 500 ESG ETF?

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Head Office
New York, United States

What year was Xtrackers S&P 500 ESG ETF founded?

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Year Founded
2019
What does Xtrackers S&P 500 ESG ETF specialise in?
/Exchange-Traded Fund /Sustainable Investing /Stock Portfolio /Investment Diversification /Risk Management /Performance Tracking

What are the products and/or services of Xtrackers S&P 500 ESG ETF?

Overview of Xtrackers S&P 500 ESG ETF offerings
Exposure to S&P 500 ESG Index: SNPE tracks the S&P 500 ESG Index. This index applies ESG factors to select companies from the S&P 500, aiming to invest in those demonstrating strong performance on environmental responsibility, social impact, and ethical governance practices.
Focus on ESG Integration: The ETF prioritizes companies with positive contributions in areas like pollution control, resource management, employee relations, diversity, board structure, and executive compensation.
Similar Industry Weighting: While focused on ESG factors, SNPE strives to maintain an industry weight distribution similar to the S&P 500 Index. This ensures diversification across different sectors like technology, healthcare, and consumer staples.
Passive Management: The ETF passively tracks the underlying index. It doesn't attempt to actively select or outperform individual stocks based on predictions or market timing. This typically results in lower fees compared to actively managed ESG funds.
Potential for Competitive Returns: SNPE offers the potential for returns comparable to the broader U.S. large-cap market while aligning with sustainability values.
Transparency: The holdings of the ETF are publicly disclosed, allowing investors to understand the specific ESG-focused companies within the S&P 500 that they are indirectly invested in through SNPE.