American Century Sustainable Etf Profile
ESGA Etf | USD 71.21 0.20 0.28% |
Performance5 of 100
| Odds Of DistressLess than 9
|
American Century is trading at 71.21 as of the 21st of November 2024, a 0.28 percent decrease since the beginning of the trading day. The etf's open price was 71.41. American Century has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for American Century Sustainable are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st of November 2024. Click here to learn more.
The fund will generally invest in large capitalization companies the advisor believes show sustainable business improvement using a proprietary multi-factor model that combines fundamental measures of a stocks value and growth potential with environmental, social, and governance metrics. More on American Century Sustainable
Moving together with American Etf
American Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Strategy ETFs, Theme ETFs, Large Blend, American Century Investments (View all Sectors) |
Issuer | American Century Investments |
Inception Date | 2020-07-13 |
Entity Type | Regulated Investment Company |
Asset Under Management | 234.32 Million |
Asset Type | Equity |
Category | Strategy |
Focus | Theme |
Market Concentration | Developed Markets |
Region | North America |
Administrator | American Century Services, LLC |
Advisor | American Century Investment Management, Inc. |
Custodian | State Street Bank and Trust Company |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Gregory J. Woodhams, Justin M. Brown, Joseph Reiland, Robert J. Bove, Rene P. Casis |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Market Maker | Citadel |
Total Expense | 0.39 |
Management Fee | 0.39 |
Country Name | USA |
Returns Y T D | 21.14 |
Name | American Century Sustainable Equity ETF |
Currency Code | USD |
Open Figi | BBG00W0JV9Q5 |
In Threey Volatility | 17.45 |
1y Volatility | 12.19 |
200 Day M A | 66.9427 |
50 Day M A | 70.3758 |
Code | ESGA |
Updated At | 21st of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.23 |
Type | ETF |
American Century Sustainable [ESGA] is traded in USA and was established 2020-07-15. The fund is listed under Large Blend category and is part of American Century Investments family. The entity is thematically classified as Strategy ETFs. American Century Sus currently have 94.23 M in assets under management (AUM). , while the total return for the last 3 years was 7.0%.
Check American Century Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Century Sustainable Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top American Century Sustainable Etf Constituents
AAPL | Apple Inc | Stock | Information Technology | |
AMZN | Amazon Inc | Stock | Consumer Discretionary | |
DIS | Walt Disney | Stock | Communication Services | |
GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
HD | Home Depot | Stock | Consumer Discretionary | |
JPM | JPMorgan Chase Co | Stock | Financials | |
MSFT | Microsoft | Stock | Information Technology | |
NVDA | NVIDIA | Stock | Information Technology |
American Century Sus Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Century. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.0575 | |||
Jensen Alpha | (0.03) | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | (0.04) |
American Century Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in American Century Sustainable. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
The market value of American Century Sus is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.