Momentum Building as Xtrackers MSCI USA ESG Leaders Equity ETF Exceeds USD 3 Billion in Assets
Momentum is building in the Xtrackers MSCI USA ESG Leaders Equity ETF (NYSE Arca: USSG) after it broke through the USD 3 billion in assets under management level last month.
The increasing popularity of the product reflects growing investor interest in environmental, social and governance (ESG) ETFs. The ETF tracks large- and mid-cap U.S. stocks, with similar risk and return characteristics to the MSCI USA Index, but with a weighting towards companies with the strongest ESG characteristics relative to sector peers. It has a net and gross expense ratio of
Amanda Rebello, DWS Head of Passive Sales, and U.S. onshore, commented: “The Xtrackers MSCI USA ESG Leaders Equity ETF continues to attract significant investor interest as ESG moves into the mainstream. We expect to see inflows come in at a strong pace this year.”
According to independent analysts ETFGI, assets invested in ESG ETFs and exchange-traded products (ETPs) globally reached a new high of USD 187 billion at the end of 2020, representing a yearly increase of
Xtrackers MSCI USA ESG Leaders Equity ETF ranks fifth in the U.S. in terms of ESG ETF assets under management and, with USD 296 million positive flows in January, placed fourth in its category for inflows for the first month of 2021.2 The Xtrackers ESG range was awarded ‘ETF Suite of the Year’ at Fund Intelligence’s Mutual Fund Industry and ETF Virtual Awards 2020.3
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1 Source: ETFGI, 22 January, 2021
2 Source: Morningstar, as at January 31, 2021
3 Xtrackers ESG ETF product portfolio was named ‘ETF Suite of the Year’ at the 27th annual Fund Intelligence’s Mutual Fund Industry and ETF Virtual Awards 2020. These industry awards are meant to recognize people and organizations whose excellence, achievements and contributions to the mutual fund industry have stood out. In addition, Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) won the ‘Newcomer ESG/Impact ETF of the Year’ accolade. For more information on methodology and judging process for the awards, please visit: https://mutualfundindustryawards.awardstage.com/#!/home-of0eb3nc9stuglc7mkd
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DWS Group (DWS) is one of the world's leading asset managers with USD 969bn of assets under management (as of 31 December 2020). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability and innovation across a full spectrum of investment disciplines.
We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.
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DBX004833 (3/22) R-081809-1 (3/21)
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