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AXS Change Finance ESG ETF

CHGX
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Oct 09 2017
Expense Ratio
0.49%
Type
US Equities
Fund Owner
AXS Investments
Volume (1m avg. daily)
$379,864
AUM
$113,409,671
Associated Index
Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index
Inverse/Leveraged
No
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

NFLX
Netflix Inc.
1.20%
NKE
Nike, Inc. - Ordinary Shares - Class B
1.16%
PHM
PulteGroup Inc
1.16%
EL
Estee Lauder Cos., Inc. - Ordinary Shares - Class A
1.16%
NVDA
NVIDIA Corp
1.14%
DIS
Walt Disney Co (The)
1.11%
BK
Bank Of New York Mellon Corp
1.09%
EFX
Equifax, Inc.
1.09%
ULTA
Ulta Beauty Inc
1.08%
ORCL
Oracle Corp.
1.08%
Invest with CHGX

What is CHGX?

AXS Change Finance ESG ETF seeks to track the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index (CHGX Index). The index was developed and is managed by Change Finance, PBC, the fund's portfolio manager. It takes the 1,000 largest stocks represented in the Solactive US Large & Mid Cap Index (GTR) and filters them against 125 ESG-related risk factors defined by Change Finance. Approximately 100 large cap and some mid cap companies that meet a diverse set of environmental, social and governance (ESG) standards are selected for the index. The sector weightings in the CHGX Index approximate those of the GTR, and each of the 100 securities are weighted equally. The ETF replicates the CHGX Index by investing in the same securities.

ETFs related toCHGX

ETFs correlated to CHGX include GDEF, GJAN, SUSA

CHGXInvestment Managers Series Trust II - AXS Change Finance ESG ETF
GDEFGoldman Sachs ETF Trust - Goldman Sachs Defensive Equity ETF
Expense Ratio0.55%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
GJANFirst Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - January
SUSABlackRock Institutional Trust Company N.A. - MSCI USA ESG Select ETF
ESGVVanguard Group, Inc. - Vanguard ESG U.S. Stock ETF
DSIBlackRock Institutional Trust Company N.A. - iShares MSCI KLD 400 Social Index Fund
SCHBSchwab Strategic Trust - Schwab U.S. Broad Market ETF
ITOTBlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
SCHKSchwab Strategic Trust - Schwab 1000 Index ETF
VTIVanguard Group, Inc. - Vanguard Total Stock Market ETF
IWVBlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Disclaimers

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We show information directly obtained from our data provider, XigniteData shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our providerInformation provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.