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ETFs

American Century Sustainable Equity ETF

ESGA
$--
Today’s Change
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Snapshot
*

Inception Date
Jul 13 2020
Expense Ratio
0.39%
Type
US Equities
Fund Owner
American Century Investments
Volume (1m avg. daily)
$431,618
AUM
$126,082,000
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
8.09%
AAPL
Apple Inc
4.88%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
4.10%
NVDA
NVIDIA Corp
2.35%
PLD
Prologis Inc
2.16%
AMZN
Amazon.com Inc.
2.14%
SLB
SLB
2.12%
COP
Conoco Phillips
2.04%
CSCO
Cisco Systems, Inc.
2.02%
UNH
Unitedhealth Group Inc
2.02%
Invest with ESGA

What is ESGA?

The fund will generally invest in large capitalization companies it believes show sustainable business improvement using a proprietary multi-factor model that combines fundamental measures of a stock s value and growth potential with environmental, social, and governance (ESG) metrics. The model assigns each security a financial metrics score and an ESG score that are combined to create an overall score. To measure value, the portfolio managers may use ratios of stock price-to-earnings and stock price-to-cash flow. To measure growth, the managers may use the rate of growth of a company s earnings and cash flow and changes in its earnings estimates. The model also considers price momentum. The team arrives at an ESG score by evaluating multiple metrics of each ESG characteristic environmental, social, and governance.

ETFs related toESGA

ETFs correlated to ESGA include SPUU, SPLG, IVV

ESGA
American Century ETF Trust - American Century Sustainable Equity ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
BBUS
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Equity ETF
PBUS
Invesco Capital Management LLC - Invesco PureBeta SM MSCI USA ETF
SPY
SSgA Active Trust - SPDR S&P 500 ETF Trust
VOO
Vanguard Group, Inc. - Vanguard S&P 500 ETF
SSO
ProShares Trust - ProShares Ultra S&P500 2x Shares

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.

Automated Strategies
Related toESGA

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

#LSBH

Hedgefundies Refined: Leveraged Stocks and Bonds with a Hedge

Category

Balance Risk Not Assets, Lever Up, Composer's Picks, Leverage: High Risk, High Reward

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ESGA using Composer

FAQ

ESGA is a US Equities ETF. The fund will generally invest in large capitalization companies it believes show sustainable business improvement using a proprietary multi-factor model that combines fundamental measures of a stock s value and growth potential with environmental, social, and governance (ESG) metrics. The model assigns each security a financial metrics score and an ESG score that are combined to create an overall score. To measure value, the portfolio managers may use ratios of stock price-to-earnings and stock price-to-cash flow. To measure growth, the managers may use the rate of growth of a company s earnings and cash flow and changes in its earnings estimates. The model also considers price momentum. The team arrives at an ESG score by evaluating multiple metrics of each ESG characteristic environmental, social, and governance.

Yes, ESGA is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, ESGA is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ESGA is 0.0277%. This is the percent change in the value of ESGA over the most recent 1-month period. The 3-month return on ESGA is 0.0609%. This is the percent change in the value of ESGA over the most recent 3-month period.

The standard deviation of ESGA for the past year is 0.2109%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ESGA include USMV, PRF, and SUSA.

ETFs correlated to ESGA include SPUU, SPLG, and IVV.

ETFs that are inversely correlated to ESGA include SPDN, SH, and SDS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data 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 provider. Information 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.