CDEI
Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF
📎 Investment Objective
The Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) seeks to track the performance of the Calvert US Large-Cap Diversity, Equity and Inclusion Index, which is designed to provide exposure to large-capitalization U.S. companies that demonstrate a commitment to diversity, equity and inclusion in their workforce and business practices.
Overview
ETF tracking Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Calvert US Large-Cap Diversity, Equity and Inclusion Index ETF (CDEI) seeks to track the performance of the Calvert US Large-Cap Diversity, Equity and Inclusion Index, which is designed to provide exposure to large-capitalization U.S. companies that demonstrate a commitment to diversity, equity and inclusion in their workforce and business practices.
🎯 Investment Strategy
The ETF invests in a portfolio of large-cap U.S. stocks that are selected based on their performance on Calvert's proprietary diversity, equity and inclusion criteria. The index aims to overweight companies with strong diversity and inclusion policies and practices relative to their peers.
✨ Key Features
- Focuses on large-cap U.S. companies with a demonstrated commitment to diversity, equity and inclusion
- Utilizes Calvert's proprietary scoring methodology to identify and weight eligible companies
- Seeks to provide exposure to a diversified portfolio of large-cap U.S. stocks
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific investment theme
- Potential for underperformance relative to the broader large-cap U.S. equity market
- Reliance on Calvert's proprietary scoring methodology to select and weight companies
- Lack of long-term performance history for the fund
👤 Best For
This ETF may be suitable for investors seeking exposure to large-cap U.S. companies with a focus on diversity, equity and inclusion, as part of a broader diversified portfolio. Investors should have a long-term investment horizon and be comfortable with the potential for the fund to underperform the broader market during certain periods.