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Columbia U.S. ESG Equity Income ETF

ESGS
$
Today’s Change
()

Snapshot
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Inception Date
Jun 13, 2016
Expense Ratio
0.35%
Type
US Equity Income
Fund Owner
Columbia Management
Volume (1m avg. daily)
$138,489
AUM
$45,782,106
Associated Index
Beta Advantage U.S. ESG Equity Income Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

CVX
Chevron Corp.
4.72%
UNH
Unitedhealth Group Inc
4.64%
AVGO
Broadcom Inc
4.54%
PEP
PepsiCo Inc
4.45%
KO
Coca-Cola Co
4.31%
HD
Home Depot, Inc.
4.23%
CMCSA
Comcast Corp - Ordinary Shares - Class A
3.73%
AMGN
AMGEN Inc.
2.88%
COP
Conoco Phillips
2.87%
VZ
Verizon Communications Inc
2.82%

What is ESGS?

This fund seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage U.S. ESG Equity Income Index. The Beta Advantage U.S. ESG Equity Income Index aims to provide exposures to companies which can offer reliable equity income, attractive total return potential, and includes companies with favorable ESG Materiality (ESGM) ratings based on Columbia Threadneedle's proprietary ESG Materiality (ESGM) Ratings.

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ETFs related toESGS

ETFs correlated to ESGS include DIVB, PRF, ILCV

ESGS
Columbia ETF Trust I - Columbia U.S. ESG Equity Income ETF
DIVB
BlackRock Institutional Trust Company N.A. - iShares Core Dividend ETF
PRF
Invesco Capital Management LLC - Invesco FTSE RAFI US 1000 ETF
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
FNDB
Schwab Strategic Trust - Schwab Fundamental U.S. Broad Market Index ETF
FNDX
Schwab Strategic Trust - Schwab Fundamental U.S. Large Company Index ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
IWD
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Value ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
VONV
Vanguard Group, Inc. - Vanguard Russell 1000 Value Index ETF
JAVA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Value 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.

FAQ

ESGS is a US Equity Income ETF. This fund seeks investment results that, before fees and expenses, closely correspond to the performance of the Beta Advantage U.S. ESG Equity Income Index. The Beta Advantage U.S. ESG Equity Income Index aims to provide exposures to companies which can offer reliable equity income, attractive total return potential, and includes companies with favorable ESG Materiality (ESGM) ratings based on Columbia Threadneedle's proprietary ESG Materiality (ESGM) Ratings.

ESGS tracks the Beta Advantage U.S. ESG Equity Income Index.

No, ESGS is not actively managed. It is passively 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.

Yes, ESGS is passively 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 ESGS is 0.0024%. This is the percent change in the value of ESGS over the most recent 1-month period. The 3-month return on ESGS is 0.0314%. This is the percent change in the value of ESGS over the most recent 3-month period.

The standard deviation of ESGS for the past year is 0.1673%. 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 ESGS include SPHQ, SPHB, and DSI.

ETFs correlated to ESGS include DIVB, PRF, and ILCV.

ETFs that are inversely correlated to ESGS include DOG, SDOW, and DXD.

Disclaimers

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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.

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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.

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