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Xtrackers MSCI USA Climate Action Equity ETF

USCA
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 04 2023
Expense Ratio
0.07%
Type
US Equities
Fund Owner
DWS
Volume (1m avg. daily)
$2,282
AUM
$2,175,912,259
Associated Index
MSCI USA Climate Action Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

MSFT
Microsoft Corporation
4.77%
AAPL
Apple Inc
4.76%
NVDA
NVIDIA Corp
4.30%
TSLA
Tesla Inc
2.92%
META
Meta Platforms Inc - Ordinary Shares - Class A
2.77%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
2.66%
GOOG
Alphabet Inc - Ordinary Shares - Class C
2.39%
UNH
Unitedhealth Group Inc
1.97%
LLY
Lilly(Eli) & Co
1.86%
JPM
JPMorgan Chase & Co.
1.78%
Invest with USCA

What is USCA?

Xtrackers MSCI USA Climate Action Equity ETF, seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA Climate Action Index. The MSCI USA Climate Action Index is comprised of large and mid-capitalization companies in the United States that the Underlying Index's methodology assesses as leading their sector peers in taking action relating to a climate transition.

ETFs related toUSCA

ETFs correlated to USCA include GAUG, XVV, SPUU

USCA
DBX ETF Trust - Xtrackers MSCI USA Climate Action Equity ETF
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
XVV
iShares Trust - iShares ESG Screened S&P 500 ETF
SPUU
Direxion Shares ETF Trust - Direxion Daily S&P 500 Bull 2X Shares
DECZ
Listed Funds Trust - TrueShares Structured Outcome (December) ETF
GSUS
Goldman Sachs ETF Trust - Goldman Sachs MarketBeta U.S. Equity ETF
STRV
EA Series Trust - Strive 500 ETF
USPX
Franklin Templeton ETF Trust - Franklin U.S. Equity Index ETF
VOTE
Engine No. 1 ETF Trust - Engine No. 1 Transform 500 ETF
IWL
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness 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 toUSCA

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with USCA using Composer

FAQ

USCA is a US Equities ETF. Xtrackers MSCI USA Climate Action Equity ETF, seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA Climate Action Index. The MSCI USA Climate Action Index is comprised of large and mid-capitalization companies in the United States that the Underlying Index's methodology assesses as leading their sector peers in taking action relating to a climate transition.

USCA tracks the MSCI USA Climate Action Index.

No, USCA 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, USCA 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 USCA is -0.0078%. This is the percent change in the value of USCA over the most recent 1-month period. The 3-month return on USCA is 0.014%. This is the percent change in the value of USCA over the most recent 3-month period.

ETFs similar to USCA include SPHQ, DSI, and QUAL.

ETFs correlated to USCA include GAUG, XVV, and SPUU.

ETFs that are inversely correlated to USCA include SDS, SPXS, and SH.

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.