NEW YORK--(BUSINESS WIRE)--DWS Group today announced the expansion of its ESG product lineup with the launch of Xtrackers S&P 500 ESG ETF (NYSE Arca: SNPE). The new fund is the first ETF to provide exposure to an Environmental, Social and Governance (ESG) adjusted S&P 500 index in the U.S. market1.
“Our clients seek solutions that not only deliver on their investment strategy, but also help them achieve their sustainability goals,” said Luke Oliver, Head of Index Investing for the Americas at DWS. “Through our Xtrackers ESG ETF suite, investors are able to access Environmental, Social and Governance adjusted core benchmarks that they can use at the heart of their portfolios, allowing them to invest in companies that are well-positioned for the future.”
“We are pleased to reach this licensing agreement and work with DWS Group on their new exchange-traded fund based on the S&P 500® ESG Index,” said Reid Steadman, S&P DJI’s Global Head of ESG Indices. “The S&P 500 ESG Index was developed to support the growth of sustainable investing. Through use of the new S&P DJI ESG scores, the index helps investors align their investments with their values while still achieving a risk and return profile in line with the S&P 500.”
SNPE follows the successful launch of the Xtrackers MSCI USA ESG Leaders Equity ETF (NYSE Arca: USSG) earlier this year. DWS manages more than USD 1.2 billion in ESG equity ETFs in the U.S. (as of June 24, 2019). The Xtrackers suite of ESG ETFs also includes:
- The Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF (NYSE Arca: ACSG)
- The Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF (NYSE Arca: EMSG)
- The Xtrackers MSCI EAFE ESG Leaders Equity ETF (NYSE Arca: EASG)
SNPE seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P 500 ESG Index. The index excludes companies with disqualifying UN Global Compact scores and business involvement in tobacco or controversial weapons, then targets 75% of the float market capitalization of each Global Industry Classification Standard (GICS) Industry Group within the S&P 500, using an ESG score as the defining characteristic.
For more information about DWS’s ETFs available in the US, visit: www.Xtrackers.com.
DWS Group (DWS) is one of the world's leading asset managers with USD 790.8 billion of assets under management (as of 31 March 2019). Building on more than 60 years of experience and a reputation for excellence in Germany and across Europe, DWS has come to be 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 strategic investment approach.
DWS wants to innovate and shape the future of investing: with approximately 3,600 employees in offices all over the world, we are local while being one global team.
ETF shares are not individually redeemable, and owners of shares may acquire those shares from the Fund, or tender such shares for the redemption to the Fund, in Creation Units only.
Consider each Fund’s investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in the Fund’s prospectus, which may be obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a prospectus at www.Xtrackers.com. Please read it carefully before investing.
Xtrackers ETFs are managed by DBX Advisors LLC (the Advisor), and distributed by ALPS Distributors, Inc. (ALPS). The Advisor is a wholly owned subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS.
Risk information: Investing involves risk, including the possible loss of principal. Investing in securities that meet ESG criteria may result in the fund forgoing otherwise attractive opportunities, which may result in underperformance when compared to funds that do not consider ESG factors. Stocks may decline in value. Stocks of medium-sized companies involve greater risk than securities of larger, more-established companies. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Various factors, including costs, cash flows and security selection, may cause the fund’s performance to differ from that of the index. Performance of the fund may diverge from that of the Underlying Index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. This fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. An investment in this fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with the fund. Please read the prospectus for more information.
ESG investment strategy risk. The Underlying Indices’ ESG methodology, and thus the indexes’ investment strategy, limits the types and number of investment opportunities available to the indexes and, as a result, the index may underperform other indexes that do not have an ESG focus. The Underlying Index’s ESG methodology may result in the index investing in securities or industry sectors that underperform the market as a whole or underperform other indexes screened for ESG standards. In addition, the index provider may be unsuccessful in creating an index composed of companies that exhibit positive ESG characteristics.
Indexes are unmanaged and you cannot invest directly in an index. Shares are not individually redeemable, and owners of Shares may acquire those Shares from the index, or tender such Shares for redemption to the index, in Creation Units only.
The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc., which offers investment products, or DWS Investment Management Americas, Inc. and RREEF America L.L.C., which offer advisory services.
S&P and S&P Indexes are service marks of S&P Global and have been licensed for use by DBX. The ETFs are not sponsored, endorsed, issued, sold or promoted by S&P Global nor does this company make any representations regarding the advisability of investing in the ETFs.
The S&P 500 ESG Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”), and has been licensed for use by DBX Advisors. S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by DBX Advisors. The ESG Scores used in the Index are calculated by RobecoSAM AG. DBX Advisors Xtrackers ETFs are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates or RobecoSAM AG, and none of such parties make any representation regarding the advisability of investing in such ETFs, nor do they have any liability for any errors, omissions, or interruptions of the S&P 500 ESG Index.
No bank guarantee | Not FDIC insured | May lose value
© 2019 DWS Group GmbH & Co. KGaA. All rights reserved. DBX004007 06.26.20 068706_1.0_
1 Source: S&P Dow Jones Indices