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Xtrackers S&P 500 ESG ETF

SNPE
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 26 2019
Expense Ratio
0.10%
Type
US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$4,019,167
AUM
$845,576,239
Associated Index
S&P 500 ESG Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

AAPL
Apple Inc
9.46%
MSFT
Microsoft Corporation
8.67%
AMZN
Amazon.com Inc.
4.32%
NVDA
NVIDIA Corp
3.79%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.85%
TSLA
Tesla Inc
2.49%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.44%
UNH
Unitedhealth Group Inc
1.73%
LLY
Lilly(Eli) & Co
1.62%
JPM
JPMorgan Chase & Co.
1.56%
Invest with SNPE

What is SNPE?

Xtrackers S&P 500 ESG ETF (the Fund ), seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P 500 ESG Index (the Underlying Index ). The S&P 500 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 500. 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 toSNPE

ETFs correlated to SNPE include EFIV, MGC, SPY

SNPE
DBX ETF Trust - Xtrackers S&P 500 ESG ETF
EFIV
SPDR Series Trust - SPDR S&P 500 ESG ETF
MGC
Vanguard Group, Inc. - Vanguard Mega Cap 300 Index 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
IVV
BlackRock Institutional Trust Company N.A. - iShares Core S&P 500 ETF
UPRO
ProShares Trust - ProShares UltraPro S&P 500 ETF 3x Shares
SPLG
SPDR Series Trust - SPDR Portfolio S&P 500 ETF
SPXL
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 3X Shares
IWL
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 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 toSNPE

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with SNPE using Composer

FAQ

SNPE is a US Equities ETF. Xtrackers S&P 500 ESG ETF (the Fund ), seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P 500 ESG Index (the Underlying Index ). The S&P 500 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 500. 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.

SNPE tracks the S&P 500 ESG Index.

No, SNPE 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, SNPE 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 SNPE is -0.0088%. This is the percent change in the value of SNPE over the most recent 1-month period. The 3-month return on SNPE is 0.005%. This is the percent change in the value of SNPE over the most recent 3-month period.

The standard deviation of SNPE for the past year is 0.1785%. 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 SNPE include SPHQ, DSI, and QUAL.

ETFs correlated to SNPE include EFIV, MGC, and SPY.

ETFs that are inversely correlated to SNPE include SDS, SPXS, and SPXU.

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.