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ETFs

Xtrackers S&P SmallCap 600 ESG ETF

SMLE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Feb 23 2021
Expense Ratio
0.15%
Type
US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$46,366
AUM
$10,202,439
Associated Index
S&P SmallCap 600 ESG Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

RMBS
Rambus Inc.
1.09%
SPSC
SPS Commerce Inc.
0.88%
ONTO
Onto Innovation Inc.
0.84%
FIX
Comfort Systems USA, Inc.
0.84%
ELF
e.l.f. Beauty Inc
0.82%
ACLS
Axcelis Technologies Inc
0.82%
AIT
Applied Industrial Technologies Inc.
0.77%
ENSG
Ensign Group Inc
0.76%
MMSI
Merit Medical Systems, Inc.
0.72%
FN
Fabrinet
0.67%
Invest with SMLE

What is SMLE?

Xtrackers S&P SmallCap 400 ESG ETF, seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P SmallCap 400 ESG Index. The S&P SmallCap 600 ESG Index is a broad-based, market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P SmallCap 600. The index excludes companies with disqualifying UN Global Compact scores and business involvement in tobacco or controversial weapons, then targets 75% of the float market capitalization of each GICS Industry Group within the S&P 500, using an ESG score as the defining characteristic.

ETFs related toSMLE

ETFs correlated to SMLE include IJR, SLY, SPSM

SMLE
DBX ETF Trust - Xtrackers S&P SmallCap 600 ESG ETF
IJR
BlackRock Institutional Trust Company N.A. - iShares Core S&P Small-Cap ETF
SLY
SPDR Series Trust - SPDR S&P 600 Small Cap ETF
SPSM
SSgA Active Trust - SPDR Portfolio S&P 600 Small Cap ETF
VIOO
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 ETF
DFAS
Dimensional ETF Trust - Dimensional U.S. Small Cap ETF
VIOG
Vanguard Group, Inc. - Vanguard S&P Small-Cap 600 Growth ETF
FNDA
Schwab Strategic Trust - Schwab Fundamental U.S. Small Company Index ETF
IJS
BlackRock Institutional Trust Company N.A. - iShares S&P Small-Cap 600 Value ETF
SLYV
SPDR Series Trust - SPDR S&P 600 Small Cap Value ETF
SLYG
SPDR Series Trust - SPDR S&P 600 Small Cap Growth 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.

Automated Strategies
Related toSMLE

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with SMLE using Composer

FAQ

SMLE is a US Equities ETF. Xtrackers S&P SmallCap 400 ESG ETF, seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P SmallCap 400 ESG Index. The S&P SmallCap 600 ESG Index is a broad-based, market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P SmallCap 600. The index excludes companies with disqualifying UN Global Compact scores and business involvement in tobacco or controversial weapons, then targets 75% of the float market capitalization of each GICS Industry Group within the S&P 500, using an ESG score as the defining characteristic.

SMLE tracks the S&P SmallCap 600 ESG Index.

No, SMLE 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, SMLE 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 SMLE is -0.0135%. This is the percent change in the value of SMLE over the most recent 1-month period. The 3-month return on SMLE is -0.0968%. This is the percent change in the value of SMLE over the most recent 3-month period.

The standard deviation of SMLE for the past year is 0.235%. 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 SMLE include ESIX, SUSA, and IGE.

ETFs correlated to SMLE include IJR, SLY, and SPSM.

ETFs that are inversely correlated to SMLE include SBB, TWM, and TZA.

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.