Xtrackers S&P 500 Scored & Screened ETF (SNPE)
Tuned For Performance: Why SNPE is Winning the S&P Race
In motorsports, fine-tuning and micro-tweaking of an engine can help extract the added performance necessary to win a race. In the case of the Xtrackers S&P 500 Scored & Screened ETF (SNPE), it's addition by subtraction.
SNPE: ESG Screening Has Implications For Style Factor Exposures, Performance Potential, A Hold
Xtrackers S&P 500 Scored & Screened ETF is a passively managed vehicle tracking the S&P 500 Scored & Screened Index. Since its inception in 2019, SNPE has outperformed IVV, mainly owing to the indirect consequences of the ESG screening—its larger exposure to IT and the growth factor. However, in the current conditions, these issues expose SNPE to additional risks, potentially translating into a deeper drawdown than IVV's amid the U.S.-Israel-Iran conflict and soaring oil prices.
Ethic Inc. Takes Position in Xtrackers S&P 500 Scored & Screened ETF $SNPE
Ethic Inc. acquired a new position in shares of Xtrackers S&P 500 Scored and Screened ETF (NYSEARCA:SNPE) during the undefined quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,694 shares of the company's stock, valued at approximately $203,000. A number of other institutional investors also
Reasons to Celebrate an ESG ETF
There's a perception that ESG ETFs are less relevant or able to add value than in the past. The reality is that some ESG ETF are not only gathering assets, but are performing well too.
SNPE: A Growth-Tilted S&P 500 Index Fund Hiding Behind An ESG Theme
SNPE tracks the performance of the S&P 500 ESG Index. Its expense ratio is low at 0.10% and the ETF has $1.66 billion in assets under management. However, its ESG screens are pretty loose, and SNPE overweights Energy giants like Exxon Mobil and Chevron. Ironically, this composition helped it outperform the S&P 500 Index since its inception. I view SNPE as S&P 500 Index fund with a slight growth tilt. Once you stop treating it as an ESG fund, you'll see it's fundamentally strong.
DWS Launches 3 New Xtrackers ESG Equity Funds
DWS has launched three new exchange traded funds that provide exposure to U.S. equity investment styles with ESG-screened U.S. dividend-, growth-, and value-oriented equities.
Apple Showing Growth and Stability Over Peers
Apple has shown signs of growth and stability not seen in many of its peers. The Cupertino, California-based tech giant on Thursday reported record revenue of $90.1 billion for the quarter ended September 30, and annual sales growth of 8%, beating analyst expectations.
Use Xtrackers' SNPE and SMLE to Target Firms With Strong ESG Credentials
Environmental, social, and governance investing has become increasingly popular among investors. Data from Refinitiv Lipper show that global ESG funds received a record $649 billion in investor capital in 2021 through November 30, up from $542 billion in 2020 and $285 billion in 2019.
Despite the Noise, ESG is Gaining in Popularity
Despite all the political noise and saber-rattling from some, environmental, social, and governance investing is still growing in popularity among investors. In a study commissioned by Capital Group, 89% of global investors are ESG adopters, up from 84% in 2021.
Checking Under the Hood of SNPE
The Xtrackers S&P 500 ESG ETF (SNPE) is an ideal core equity product for investors looking to integrate ESG screening into their portfolio. SNPE was the first to offer exposure to S&P 500 stocks screened for environmental, social, and governance factors, according to VettaFi.
ETF of the Week: XTrackers S&P 500 ESG ETF (SNPE)
VettaFi's vice chairman Tom Lydon discussed the XTrackers S&P 500 ESG ETF (SNPE) on this week's “ETF of the Week” podcast with Chuck Jaffe of “Money Life.
ETF Leaders Powered by the NYSE: DWS' Arne Noack
Environmental, social, and governance investing is going to be DWS' “big area of focus for this year as well as likely the next couple of years to come,” according to Arne Noack, DWS Head of Systemic Investment Solutions for the Americas. “It's the key pillar for our strategy here in the Americas as well as [.
Responsible Investing Making Strides With U.S. Investors, Fund Companies, And Regulators In 2021
Momentum for the U.S. Responsible Investing industry picked up in January when President Joe Biden signed executive orders to re-enter into the Paris Climate Agreement. In 2021 through October month-end, there were 110 equity and fixed income funds that launched focused on Responsible Investing—71 RI-related ETFs and 39 RI-related mutual funds.
DWS, Invesco & Others Debut ETFs
Global X and a newcomer to the space have also launched products.
3 DWS ETFs Have Posted Big Inflows Over the Past Month
China equities, ESG, and high dividends have been dominating the inflows the past month for ETF provider DWS. Here are three funds investors should take notice of.
The SNPE ETF Is Ready to Snap Up More ESG Gains
As if the environmental, social, and governance (ESG) investing space didn't already have enough tailwinds, U.S. President Joe Biden is looking to reverse the Department of Labor's previous stance on ESG, which should help the Xtrackers S&P 500 ESG ETF (SNPE). “The Biden administration will start walking back a controversial Department of Labor rule that [.
Don't Know Where to Start with ESG? Try the SNPE ETF
Investors ready to pull the trigger on highly-touted environmental, social, and governance (ESG) investments might not know exactly where to start. The ESG pool has expanded exponentially over the years, but one place of exceptional strength is the S&P 500 and specifically, the Xtrackers S&P 500 ESG ETF (SNPE).