Flexshares Esg Climate Etf Profile
| FEDM Etf | USD 49.33 0.17 0.35% |
Performance0 of 100
| Odds Of DistressLess than 9
|
FlexShares ESG is selling at 49.33 as of the 24th of November 2024; that is 0.35 percent increase since the beginning of the trading day. The etf's lowest day price was 49.21. FlexShares ESG has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for FlexShares ESG Climate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of August 2023 and ending today, the 24th of November 2024. Click here to learn more.
The underlying index is designed to reflect the performance of a selection of companies that exhibit certain ESG characteristics, while also seeking to provide broad-market, core exposure to publicly traded equity securities issued by companies domiciled in developed market countries, excluding the U.S. More on FlexShares ESG Climate
Moving together with FlexShares Etf
| 0.99 | VEA | Vanguard FTSE Developed | PairCorr |
| 0.99 | IEFA | iShares Core MSCI | PairCorr |
| 0.88 | VEU | Vanguard FTSE All | PairCorr |
| 0.99 | EFA | iShares MSCI EAFE | PairCorr |
| 0.88 | IXUS | iShares Core MSCI | PairCorr |
| 0.98 | SPDW | SPDR SP World | PairCorr |
Moving against FlexShares Etf
FlexShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Theme ETFs, Strategy ETFs, Foreign Large Blend, Flexshares Trust (View all Sectors) |
| Issuer | Northern Trust |
| Inception Date | 2021-09-21 |
| Benchmark | Northern Trust ESG & Climate Developed Markets ex-US Core Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 53.86 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Developed Markets |
| Region | Global ex-U.S. |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | Northern Trust Investments, Inc. |
| Custodian | J.P. Morgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Robert Anstine, Alan Aung, Steven Santiccioli |
| Transfer Agent | J.P. Morgan Chase Bank, N.A. |
| Fiscal Year End | 31-Oct |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 288 |
| Market Maker | Flow Traders |
| Total Expense | 0.13 |
| Management Fee | 0.12 |
| Country Name | USA |
| Returns Y T D | 4.57 |
| Name | FlexShares ESG Climate Developed Markets ex-US Core Index Fund |
| Currency Code | USD |
| Open Figi | BBG012N0R9T8 |
| In Threey Volatility | 17.46 |
| 1y Volatility | 13.78 |
| 200 Day M A | 50.3859 |
| 50 Day M A | 51.4648 |
| Code | FEDM |
| Updated At | 23rd of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.02) |
FlexShares ESG Climate [FEDM] is traded in USA and was established 2021-09-20. The fund is listed under Foreign Large Blend category and is part of Flexshares Trust family. The entity is thematically classified as Theme ETFs. FlexShares ESG Climate currently have 16.33 M in assets under management (AUM). , while the total return for the last 3 years was 1.3%.
Check FlexShares ESG Probability Of Bankruptcy
Geographic Allocation (%)
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 FlexShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FlexShares 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 FlexShares ESG Climate 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.
FlexShares ESG Climate Currency Exposure
FlexShares ESG Climate holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of FlexShares ESG will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in FlexShares ESG Climate.
Top FlexShares ESG Climate Etf Constituents
| SOON | Sonova H Ag | Stock | Medical Instruments & Supplies | |
| SHL | Siemens Healthineers AG | Stock | Medical Devices | |
| SIKA | Sika AG | Stock | Specialty Chemicals | |
| UBSG | UBS Group AG | Stock | Banks—Diversified | |
| AMUN | Amundi SA | Stock | Financials | |
| RKT | Reckitt Benckiser Group | Stock | Consumer Staples | |
| EDEN | Edenred SA | Stock | Industrials | |
| VOD | Vodafone Group PLC | Stock | Communication Services |
FlexShares ESG Climate 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 FlexShares ESG. 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 | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.15) |
FlexShares ESG Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in FlexShares ESG Climate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in unemployment. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of FlexShares ESG Climate is measured differently than its book value, which is the value of FlexShares that is recorded on the company's balance sheet. Investors also form their own opinion of FlexShares ESG's value that differs from its market value or its book value, called intrinsic value, which is FlexShares ESG'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 FlexShares ESG's market value can be influenced by many factors that don't directly affect FlexShares ESG'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 FlexShares ESG's value and its price as these two are different measures arrived at by different means. Investors typically determine if FlexShares ESG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FlexShares ESG'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.