Xtrackers (IE) PLC - Xtrackers S&P 500 Equal Weight ESG UCITS ETF Accum-4C- Hedged GBP (GB:XEWP) Price & Chart
GB:XEWP ETF Chart & Stats
- Day’s Range
- GBP 981.40 - GBP 982.89
- 52-Week Range
- GBP 790.30 - GBP 986.06
- Previous Close
- GBP 978.60
- Volume
- 8,648
- Average Volume (3M)
- 38.08K
- AUM
- 22.75M
- NAV
- 9.71
- Expense Ratio
- 0.29%
- Holdings Count
- 288
- Beta
- 0.72
- Inception Date
- May 09, 2024
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 2,359,999
- Standard Deviation
- N/A
ETF Overview
Xtrackers (IE) PLC - Xtrackers S&P 500 Equal Weight ESG UCITS ETF Accum-4C- Hedged GBP
The Xtrackers (IE) PLC - Xtrackers S&P 500 Equal Weight ESG UCITS ETF Accum-4C- Hedged GBP (Ticker: GB:XEWP) offers investors a unique opportunity to gain exposure to a diversified portfolio of large-cap companies within the S&P 500 Index, with a distinctive focus on equal weighting and sustainable investing. This ETF stands out by employing an equal-weight strategy, which allocates the same importance to each company in the index, thereby providing a more balanced exposure to large-cap equities compared to traditional market-cap-weighted indices. In addition to its size and style focus on large-cap stocks, this ETF integrates Environmental, Social, and Governance (ESG) criteria, which aligns with the growing investor demand for sustainable and responsible investment options. The fund's ESG screening process ensures that the included companies meet certain sustainability standards, promoting ethical investment practices. Furthermore, the fund is hedged to GBP, offering British investors a mitigated currency risk when investing in U.S. equities. This feature can be particularly appealing to those looking to minimize exchange rate volatility while still benefiting from the growth potential of the U.S. large-cap market. Overall, GB:XEWP provides a broad-based yet niche approach to investing in large-cap companies, catering to investors seeking both diversification and sustainability in their portfolios.