Xtrackers Net Zero Pathway Paris Aligned US Equity ETFXtrackers Net Zero Pathway Paris Aligned US Equity ETFXtrackers Net Zero Pathway Paris Aligned US Equity ETF

Xtrackers Net Zero Pathway Paris Aligned US Equity ETF

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Key stats

Assets under management (AUM)
‪195.60 M‬USD
Fund flows (1Y)
‪36.68 M‬USD
Dividend yield (indicated)
1.11%
Discount/Premium to NAV
−0.06%

About Xtrackers Net Zero Pathway Paris Aligned US Equity ETF

Issuer
Deutsche Bank AG
Brand
Xtrackers
Expense ratio
0.10%
Home page
Inception date
Jun 28, 2022
Index tracked
Solactive ISS ESG United States Net Zero Pathway Enhanced Index - Benchmark TR Net
Management style
Passive
USNZ offers an enhanced climate approach to the US large- and mid-cap space by tracking an index geared toward a low-carbon economy transition. The index initially screens out stocks from the Solactive GBS United States Large & Mid Cap Index (parent index), that are involved in controversial business activities. In addition, firms that fail to observe established norms with respect to environment, human rights, corruption, and labor rights, as well as companies with an ISS ESG Corporate Rating of D- and a negative impact on UN Sustainable Development Goals are also removed. Holdings are initially weighted by market-cap. Weights are then tilted based on: a) greenhouse gas emissions reduction targets, b) climate disclosure standards, and c) green revenue. Lastly, the portfolio is optimized to reduce carbon intensity by 50% with a target reduction of 7% year-over-year, and increased exposure to high climate impact sectors relative to its parent index. The index rebalances semi-annually.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Low carbon
Strategy
ESG
Weighting scheme
Tiered
Selection criteria
Principles-based

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 16, 2024
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Technology Services
Health Technology
Finance
Stocks99.42%
Electronic Technology22.90%
Technology Services22.01%
Health Technology13.89%
Finance13.77%
Consumer Non-Durables5.33%
Retail Trade3.24%
Commercial Services3.02%
Consumer Services2.67%
Health Services2.20%
Producer Manufacturing1.93%
Transportation1.76%
Distribution Services1.53%
Process Industries1.28%
Consumer Durables1.09%
Utilities1.07%
Communications0.95%
Non-Energy Minerals0.48%
Industrial Services0.30%
Bonds, Cash & Other0.58%
ETF0.26%
Futures0.18%
Mutual fund0.14%
Cash0.00%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows