Xtrackers S&P 500 Equal Weight ESG UCITS ETF Accum Shs -2C- Hedged EUR (IT:XEWE) Price & Chart
IT:XEWE ETF Chart & Stats
- Day’s Range
- EUR 13.88 - EUR 14.00
- 52-Week Range
- EUR 11.44 - EUR 14.05
- Previous Close
- EUR 13.94
- Volume
- 8,121
- Average Volume (3M)
- 12.67K
- AUM
- 697.58M
- NAV
- 13.82
- Expense Ratio
- 0.29%
- Holdings Count
- 288
- Beta
- 0.42
- Inception Date
- May 17, 2023
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 62,165,320
- Standard Deviation
- N/A
ETF Overview
Xtrackers S&P 500 Equal Weight ESG UCITS ETF Accum Shs -2C- Hedged EUR
The Xtrackers S&P 500 Equal Weight ESG UCITS ETF Accum Shs -2C- Hedged EUR, trading under the ticker IT:XEWE, offers investors a unique blend of equity exposure and sustainability. This ETF is specifically designed to provide a broad-based investment in the U.S. large-cap sector while adhering to stringent environmental, social, and governance (ESG) criteria. Unlike traditional market-cap weighted indices, this fund employs an equal weight strategy, ensuring a balanced exposure to each constituent of the S&P 500. This approach not only mitigates concentration risk inherent in cap-weighted indices but also aligns with investors' growing preference for sustainable and socially responsible investing. The fund falls under the category of Size and Style, focusing on large-cap stocks, which are often seen as stable and reliable performers in the equity market. By incorporating ESG filters, IT:XEWE aims to invest in companies that meet high standards of corporate responsibility, thus appealing to ethically-conscious investors. Furthermore, the ETF is hedged against EUR currency fluctuations, offering an additional layer of protection for European investors concerned about exchange rate volatility. For those looking to diversify their portfolio with a focus on sustainability and equal-weighted exposure, the Xtrackers S&P 500 Equal Weight ESG UCITS ETF is a compelling choice. It not only reflects a commitment to socially responsible investing but also provides a strategic advantage through its unique weighting methodology, making it a standout option in the landscape of large-cap equity investments.