CVMC
Calvert US Mid-Cap Core Responsible Index ETF
📎 Investment Objective
The Calvert US Mid-Cap Core Responsible Index ETF seeks to track the performance of the Calvert US Mid-Cap Core Responsible Index, which is designed to provide exposure to U.S. mid-cap companies that meet certain environmental, social, and governance (ESG) criteria.
Overview
ETF tracking Calvert US Mid-Cap Core Responsible Index ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Calvert US Mid-Cap Core Responsible Index ETF seeks to track the performance of the Calvert US Mid-Cap Core Responsible Index, which is designed to provide exposure to U.S. mid-cap companies that meet certain environmental, social, and governance (ESG) criteria.
🎯 Investment Strategy
The ETF invests in a representative sample of securities included in the underlying index, which is composed of mid-cap U.S. stocks that have been screened for positive ESG characteristics. The fund aims to closely replicate the index's performance while considering ESG factors in the security selection process.
✨ Key Features
- Focuses on mid-cap U.S. equities that meet Calvert's responsible investment criteria
- Tracks the Calvert US Mid-Cap Core Responsible Index, which is designed to provide broad market exposure with an ESG tilt
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Market risk: The value of the fund's investments may decline due to general market conditions or other factors
- Sector concentration risk: The fund may be more susceptible to economic, political, or regulatory occurrences affecting a particular sector
- ESG investment risk: The fund's ESG criteria may exclude certain securities, which could underperform the broader market
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to mid-cap U.S. equities with a focus on responsible investing and ESG considerations. It may be appropriate as a core holding or as part of a diversified portfolio, particularly for investors with a long-term investment horizon and a moderate risk tolerance.