FlexShares STOXX US ESG Impact Index Fund
ALTAR
Score™
4.9% info Recommen-
dation
UNDERWEIGHT
2020E    2021E
P/E
ratio
24.6x P/Sales
ratio
2.7x
P/BV
ratio
3.5x Div.
yield
1.9%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
The FlexShares STOXX US ESG Impact Index Fund follows a principles-based index composed of US-listed companies that exhibit environmental, social, and corporate governance (ESG) characteristics.

FUND BASICS
Category US Equities
Fund Sponsor Northern Trust
Website www.flexshares.com
Inception date Jul 13, 2016
Assets (mns) $85
Currency USD
Expense ratio 32 bp
Distributions Quarterly

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian
Weighting Principles-based
Index replication
Uses derivatives No
Options available No

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 265
Wgt avg mkt cap (mns) $459,664
Large cap (>$10bn) 98.9%
Mid cap ($2-10bn) 1.1%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
APPLE INC 6.1 %
AMAZON.COM INC 5.5 %
MICROSOFT CORP 5.4 %
FACEBOOK 4.4 %
ALPHABET INC. CLASS C 3.4 %
PROCTER & GAMBLE CO/THE 2.3 %
JPMORGAN CHASE & CO 1.9 %
TESLA MOTORS INC 1.6 %
WALT DISNEY CO/THE 1.5 %
BANK OF AMERICA CORP 1.5 %
Total 33.5 %

TOP COUNTRY EXPOSURE
UNITED STATES 95.5 %
IRELAND 2.4 %
BRITAIN 0.6 %
SWITZERLAND 0.0 %







HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru July 31)
Year-to-date 1 year 5 years 10 years Since Incep.
3.1% 12.1% -- -- 13.5%

Market Correlations
versus... Beta R-squared
S&P500 0.99 99%
MSCI EAFE 0.98 82%
MSCI Emg. Mkts. 0.69 67%

Technical Indicators
Recent close $80.87
30d moving avg. $77.36
Annualized volatility 17.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 67

Liquidity measures
Avg. volume (thou.) 3
Turnover 0.3%
Bid/Ask (% of price) 0.09%
ADV underlying (mns) $164,250

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 100 potential alternatives to the FlexShares STOXX US ESG Impact Index Fund ETF based on the alternatives' overlap in portfolio holdings with ESG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ESG Expense: 32 bp ALTAR Score™: 4.9%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ESG
Ticker Fund
Name
Overlap1
vs ESG
(%)
Expense
ratio
(bp)
Savings
vs ESG
(bp)
ALTAR
Score™
(%)
ALTAR
vs ESG
(%)
SNPE Xtrackers S&P 500 ESG ETF 68.8 11 21 4.9 +0.1
PBP Invesco S&P 500 BuyWrite ETF 66.6 49 -17 4.8 -0.0
BKLC BNY Mellon US Large Cap Core Equity ETF 66.5 0 32 4.9 +0.1
IWL iShares Russell Top 200 ETF 66.4 15 17 4.8 -0.1
MGC Vanguard Mega Cap Index Fund 66.3 7 25 5.0 +0.2
HSPX Global X S&P 500 Covered Call ETF 65.5 65 -33 4.7 -0.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 65.4 20 12 4.7 -0.1
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 65.0 7 25 5.0 +0.2
SPY SPDR S&P 500 ETF Trust 65.0 9 23 5.2 +0.3
IVV iShares Core S&P 500 ETF 64.9 4 28 5.2 +0.4
SPLG SPDR Portfolio Large Cap ETF 64.9 3 29 5.2 +0.4
IQSU IQ Candriam ESG US Equity ETF 64.7 9 23 4.9 +0.0
VOO VANGUARD S&P 500 ETF 64.6 3 29 5.2 +0.4
SPXN ProShares S&P 500 Ex-Financials ETF 64.6 27 5 4.8 -0.1
SPXE ProShares S&P 500 Ex-Energy ETF 64.4 27 5 5.1 +0.2
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 64.4 20 12 5.1 +0.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 64.1 2 30 5.1 +0.3
ESGU iShares MSCI USA ESG Optimized ETF 64.0 15 17 4.9 +0.1
OEF iShares S&P 100 ETF 63.8 20 12 4.6 -0.3
PBUS Invesco PureBeta MSCI USA ETF 63.7 4 28 5.1 +0.2
VV Vanguard Large-Cap Index Fund 63.3 4 28 5.0 +0.2
SCHX Schwab U.S. Large-Cap ETF 62.7 3 29 5.1 +0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 62.6 27 5 4.8 -0.1
CATH Global X S&P 500 Catholic Values Custom ETF 61.8 29 3 5.0 +0.2
SPTM SPDR Portfolio Total Stock Market ETF 61.4 3 29 5.3 +0.5
SCHK Schwab 1000 Index ETF 61.1 5 27 5.1 +0.2
VONE Vanguard Russell 1000 ETF 60.7 8 24 5.0 +0.1
IWB iShares Russell 1000 ETF 60.5 15 17 4.9 +0.1
IYY iShares Dow Jones U.S. ETF 60.4 20 12 5.0 +0.1
ESGV Vanguard ESG U.S. Stock ETF 60.3 12 20 4.9 +0.1
XLG Invesco S&P 500 Top 50 ETF 60.0 20 12 4.3 -0.6
NACP Impact Shares NAACP Minority Empowerment ETF 59.4 75 -43 4.5 -0.4
EPS WisdomTree U.S. Earnings 500 Fund 59.3 8 24 6.3 +1.4
ESGG FlexShares STOXX Global ESG Impact Index Fund 58.8 42 -10 5.3 +0.4
XOUT GraniteShares XOUT U.S. Large Cap ETF 58.3 60 -28 4.0 -0.9
SCHB Schwab U.S. Broad Market ETF 58.1 3 29 5.0 +0.2
ITOT iShares Core S&P Total U.S. Stock Market ETF 57.8 3 29 5.0 +0.1
IWV iShares Russell 3000 ETF 57.5 20 12 4.8 -0.1
VTHR Vanguard Russell 3000 Index Fund 57.5 10 22 4.9 +0.0
SFY SoFi Select 500 ETF 57.3 0 32 5.0 +0.2
DSI iShares MSCI KLD 400 Social ETF 56.1 25 7 5.0 +0.1
VTI Vanguard Total Stock Market Index Fund 56.1 3 29 4.9 +0.1
VOOG Vanguard S&P 500 Growth ETF 55.9 10 22 4.1 -0.8
SPYG SPDR Portfolio S&P 500 Growth ETF 55.9 4 28 4.2 -0.7
MMTM SPDR S&P 1500 Momentum Tilt ETF 55.9 12 20 4.4 -0.4
IVW iShares S&P 500 Growth ETF 55.8 18 14 4.0 -0.8
DLN WisdomTree U.S. LargeCap Dividend Fund 55.5 28 4 6.3 +1.4
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 55.2 9 23 5.3 +0.5
SPXT ProShares S&P 500 Ex-Technology ETF 55.0 27 5 5.4 +0.6
IUSG iShares Core S&P US Growth ETF 54.7 4 28 4.2 -0.7
DIVB iShares U.S. Dividend & Buyback ETF 53.6 25 7 6.4 +1.6
FNDX Schwab Fundamental U.S. Large Co. Index ETF 53.6 25 7 6.2 +1.4
QUS SPDR MSCI USA StrategicFactors ETF 53.4 15 17 5.7 +0.8
JHML John Hancock Multifactor Large Cap ETF 52.6 29 3 5.4 +0.5
DTD WisdomTree U.S.Total Dividend Fund 52.6 28 4 6.5 +1.6
IWY iShares Russell Top 200 Growth ETF 52.0 20 12 3.7 -1.2
VONG Vanguard Russell 1000 Growth Index Fund 51.9 8 24 3.7 -1.2
IWF iShares Russell 1000 Growth ETF 51.9 19 13 3.6 -1.3
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 51.8 49 -17 3.8 -1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 51.2 25 7 6.2 +1.4
AVUS Avantis U.S. Equity ETF 51.1 15 17 5.5 +0.6
PRF Invesco FTSE RAFI US 1000 ETF 51.0 39 -7 6.6 +1.8
SUSL iShares ESG MSCI USA Leaders ETF 51.0 10 22 5.2 +0.3
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 50.9 10 22 5.2 +0.3
VTV Vanguard Value Index Fund 48.6 4 28 7.3 +2.4
DGRO iShares Core Dividend Growth ETF 48.5 8 24 6.5 +1.6
IUS Invesco Strategic US ETF 48.3 19 13 6.3 +1.4
WOMN Impact Shares YWCA Women's Empowerment ETF 48.2 75 -43 3.9 -1.0
VUG Vanguard Growth Index Fund 47.8 4 28 3.8 -1.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 47.7 15 17 6.0 +1.2
RECS Columbia Research Enhanced Core ETF 47.7 15 17 5.4 +0.6
SCHG Schwab U.S. Large-Cap Growth ETF 47.5 4 28 3.9 -0.9
MGK Vanguard Mega Cap Growth ETF 47.4 7 25 3.9 -1.0
VEGN US Vegan Climate ETF 47.3 60 -28 5.0 +0.1
KOKU Xtrackers MSCI Kokusai Equity ETF 46.9 9 23 5.5 +0.7
TOK iShares MSCI Kokusai ETF 46.6 25 7 5.4 +0.6
EXT WisdomTree U.S. Total Earnings Fund 46.5 28 4 5.0 +0.2
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 46.4 25 7 6.3 +1.4
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 46.4 12 20 4.6 -0.3
SCHV Schwab U.S. Large-Cap Value ETF 46.4 4 28 7.1 +2.2
TMFC Motley Fool 100 Index ETF 46.1 50 -18 3.3 -1.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 46.1 30 2 6.3 +1.4
SPYV SPDR Portfolio S&P 500 Value ETF 45.5 4 28 7.3 +2.4
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 45.5 19 13 5.9 +1.0
IVE iShares S&P 500 Value ETF 45.5 18 14 7.1 +2.3
VOOV Vanguard S&P 500 Value ETF 45.5 15 17 7.1 +2.3
EQWL Invesco Russell Top 200 Equal Weight ETF 45.4 25 7 6.0 +1.1
RAFE PIMCO RAFI ESG U.S. ETF 45.2 29 3 7.5 +2.7
VLU SPDR S&P 1500 Value Tilt ETF 44.9 12 20 7.2 +2.4
RWL Invesco S&P 500 Revenue ETF 44.8 39 -7 7.0 +2.1
QYLD Global X NASDAQ 100 Covered Call ETF 44.6 60 -28 3.4 -1.5
NUSI Nationwide Risk-Managed Income ETF 44.6 68 -36 3.3 -1.5
IUSV iShares Core S&P U.S. Value ETF 44.5 4 28 7.3 +2.5
VONV Vanguard Russell 1000 Value Index Fund 44.5 8 24 6.9 +2.1
QQQ Invesco QQQ Trust 44.5 20 12 3.7 -1.2
IWD iShares Russell 1000 Value ETF 44.4 19 13 6.8 +2.0
KRMA Global X Conscious Companies ETF 44.2 43 -11 5.0 +0.2
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 44.2 29 3 5.8 +1.0
ACIO Aptus Collared Income Opportunity ETF 44.0 79 -47 4.1 -0.8
FVAL Fidelity Value Factor ETF 43.9 29 3 7.7 +2.9

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

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RESULTS & ESTIMATES

  2015 2016 2017 2018 2019 2020E 2021E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

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VALUATION METRICS
  2019 2020E 2021E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:
FlexShares STOXX US ESG Impact Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

UNDERWEIGHT

Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 17.0 %
Divided by: Fwd. P/BV 3.3 x
Less: Expense ratio 32 bp
Equals: ALTAR Score 4.9 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.45 CATEGORY
AVERAGE
1.52
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.