ESIX
State Street SPDR S&P SmallCap 600 ESG ETF
📎 Investment Objective
The SPDR S&P SmallCap 600 ESG ETF (ESIX) seeks to track the performance of the S&P SmallCap 600 ESG Index, which provides exposure to small-capitalization U.S. companies that meet certain environmental, social, and governance (ESG) criteria.
Overview
ETF tracking State Street SPDR S&P SmallCap 600 ESG ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The SPDR S&P SmallCap 600 ESG ETF (ESIX) seeks to track the performance of the S&P SmallCap 600 ESG Index, which provides exposure to small-capitalization U.S. companies that meet certain environmental, social, and governance (ESG) criteria.
🎯 Investment Strategy
The fund invests in a representative sample of the securities included in the underlying index, aiming to replicate the index's performance. The index selects companies from the S&P SmallCap 600 Index based on their ESG scores, favoring those with higher scores.
✨ Key Features
- Exposure to small-cap U.S. stocks with a focus on ESG factors
- Tracks the S&P SmallCap 600 ESG Index, which selects and weights companies based on their ESG performance
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Small-cap stock risk: Small companies may be more volatile and less liquid than larger companies
- ESG investment risk: The fund's ESG focus may result in it underperforming the broader small-cap market
- Tracking error risk: The fund may not perfectly track the performance of its underlying index
- Limited performance history: With a short track record, the fund's long-term performance is uncertain
👤 Best For
The SPDR S&P SmallCap 600 ESG ETF may be suitable for investors seeking exposure to small-cap U.S. stocks with a focus on environmental, social, and governance factors. Investors should have a long-term investment horizon and be comfortable with the higher volatility and risk profile of small-cap equities.