MIDE

Xtrackers S&P MidCap 400 Scored & Screened ETF

$31.89
+0.00%
Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The Xtrackers S&P MidCap 400 Scored & Screened ETF seeks to track the performance of the S&P MidCap 400 Scored & Screened Index, which is designed to provide exposure to mid-cap U.S. equities with a focus on companies with strong environmental, social, and governance (ESG) characteristics.

Overview

ETF tracking Xtrackers S&P MidCap 400 Scored & Screened ETF

Category Mid Cap
Issuer Other
Inception Date 2021-02-24
Market Cap $4.5M
Average Volume N/A
Dividend Yield 1.47%
52-Week Range $25.07 - $33.47
VWAP $31.74

Performance

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Investment Summary

📎 Investment Objective

The Xtrackers S&P MidCap 400 Scored & Screened ETF seeks to track the performance of the S&P MidCap 400 Scored & Screened Index, which is designed to provide exposure to mid-cap U.S. equities with a focus on companies with strong environmental, social, and governance (ESG) characteristics.

🎯 Investment Strategy

The ETF employs a passively managed, index-tracking strategy, investing in a representative sample of the securities included in the underlying index. The index selects and weights its constituents based on ESG scores, aiming to provide exposure to mid-cap U.S. companies with favorable ESG profiles.

✨ Key Features

  • Tracks the S&P MidCap 400 Scored & Screened Index, which focuses on mid-cap U.S. equities with strong ESG characteristics
  • Passively managed, index-tracking strategy
  • Provides exposure to the mid-cap segment of the U.S. equity market
  • Emphasis on companies with favorable ESG profiles

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may fluctuate due to general market conditions
  • Sector concentration risk: The ETF may be more susceptible to factors affecting a particular sector or industry
  • ESG investment risk: The ETF's focus on ESG factors may result in it underperforming the broader market
  • Tracking error risk: The ETF may not perfectly track the performance of its underlying index

👤 Best For

The Xtrackers S&P MidCap 400 Scored & Screened ETF may be suitable for investors seeking exposure to the mid-cap segment of the U.S. equity market with a focus on companies with strong ESG characteristics. It may be particularly appealing to investors who prioritize sustainable and responsible investing.