Flexshares Esg Climate Etf Profile

FEIG Etf  USD 40.96  0.02  0.05%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 9

 
High
 
Low
Low
FlexShares ESG is trading at 40.96 as of the 23rd of November 2024. This is a 0.05 percent increase since the beginning of the trading day. The etf's lowest day price was 40.95. 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 29th of November 2023 and ending today, the 23rd of November 2024. Click here to learn more.
The underlying index seeks to reflect the performance of a selection of U.S. Flexshares ESG is traded on NYSEARCA Exchange in the United States. More on FlexShares ESG Climate

Moving together with FlexShares Etf

  1.0LQD iShares iBoxx InvestmentPairCorr
  1.0IGIB iShares 5 10PairCorr
  1.0USIG iShares Broad USDPairCorr
  0.98SPIB SPDR Barclays IntermPairCorr
  0.95SUSC iShares ESG USDPairCorr
  1.0QLTA iShares AaaPairCorr

Moving against FlexShares Etf

  0.8RSPY Tuttle Capital ManagementPairCorr
  0.79MEME Roundhill InvestmentsPairCorr
  0.73DSJA DSJAPairCorr
  0.69BTC Grayscale Bitcoin MiniPairCorr
  0.63HPQ HP IncPairCorr
  0.46ITWO Proshares Russell 2000 Low VolatilityPairCorr

FlexShares Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationInvestment Grade ETFs, Corporate ETFs, Corporate Bond, Flexshares Trust (View all Sectors)
IssuerNorthern Trust
Inception Date2021-09-21
BenchmarkNorthern Trust ESG & Climate Investment Grade U.S. Corporate Core Index
Entity TypeRegulated Investment Company
Asset Under Management46.99 Million
Asset TypeFixed Income
CategoryCorporate
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Chase Bank, N.A.
AdvisorNorthern Trust Investments, Inc.
CustodianJ.P. Morgan Chase Bank, N.A.
DistributorForeside Fund Services, LLC
Portfolio ManagerMorten Olsen, Chaitanya Mandavakuriti
Transfer AgentJ.P. Morgan Chase Bank, N.A.
Fiscal Year End31-Oct
ExchangeNYSE Arca, Inc.
Number of Constituents809
Market MakerJane Street
Total Expense0.13
Management Fee0.12
Country NameUSA
Returns Y T D2.24
NameFlexShares ESG Climate Investment Grade Corporate Core Index Fund
Currency CodeUSD
Open FigiBBG012N0QH39
In Threey Volatility9.74
1y Volatility8.88
200 Day M A41.1065
50 Day M A41.6954
CodeFEIG
Updated At23rd of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio(0.61)
FlexShares ESG Climate [FEIG] is traded in USA and was established 2021-09-20. The fund is listed under Corporate Bond category and is part of Flexshares Trust family. The entity is thematically classified as Investment Grade ETFs. FlexShares ESG Climate currently have 23.44 M in assets under management (AUM). , while the total return for the last 3 years was -2.0%.
Check FlexShares ESG Probability Of Bankruptcy

Geographic Allocation (%)

Top FlexShares ESG Climate Etf Constituents

HESS CORP-3.50%0.65%
CENOVUS ENERGY INC-5.38%0.7%
PLAINS ALL AMERICAN PIPELINE LP /-4.65%0.68%
ANHEUSER-BUSCH INBEV WORLDWIDE INC-5.55%0.84%
EDISON INTERNATIONAL-4.12%0.65%
APPLE INC-3.25%0.67%
ABBOTT LABORATORIES-3.40%0.65%
KELLOGG COMPANY-2.65%0.64%
USD CASH(Alpha Committed)1.83%
MARATHON PETROLEUM CORP-4.50%0.78%

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.

FlexShares ESG Against Markets

When determining whether FlexShares ESG Climate is a strong investment it is important to analyze FlexShares ESG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact FlexShares ESG's future performance. For an informed investment choice regarding FlexShares Etf, refer to the following important reports:
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 gross domestic product.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.