FlexShares STOXX US ESG Impact Index Fund
ALTAR
Score™
5.2% info Recommen-
dation
NEUTRAL
2020E    2021E
P/E
ratio
23.6x P/Sales
ratio
2.4x
P/BV
ratio
3.0x Div.
yield
2.0%


  • 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) $73
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 236
Wgt avg mkt cap (mns) $367,945
Large cap (>$10bn) 98.0%
Mid cap ($2-10bn) 2.0%
Small cap (<$2bn) 0.0%
Developed mkts 100.0%
Emerging mkts 0.0%

TOP TEN HOLDINGS
AMAZON.COM INC 5.8 %
MICROSOFT CORP 5.3 %
APPLE INC 5.2 %
ALPHABET INC. CLASS C 3.9 %
PROCTER & GAMBLE CO/THE 2.5 %
INTEL CORP 2.4 %
VERIZON COMMUNICATIONS INC 2.1 %
MASTERCARD INC-CLASS A 2.0 %
AT&T INC 2.0 %
WALT DISNEY CO/THE 1.9 %
Total 33.0 %

TOP COUNTRY EXPOSURE
UNITED STATES 94.8 %
IRELAND 2.6 %
BRITAIN 0.8 %








HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru May 31)
Year-to-date 1 year 5 years 10 years Since Incep.
-3.9% 14.3% -- -- 12.1%

Market Correlations
versus... Beta R-squared
S&P500 0.99 99%
MSCI EAFE 0.98 82%
MSCI Emg. Mkts. 0.72 69%

Technical Indicators
Recent close $74.98
30d moving avg. $70.78
Annualized volatility 16.9%
Short interest (ETF) 0.0%
Relative strength (RSI) 65

Liquidity measures
Avg. volume (thou.) 4
Turnover 0.4%
Bid/Ask (% of price) 0.10%
ADV underlying (mns) $168,139

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™: 5.2%


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 65.8 11 21 5.2 +0.0
PBP Invesco S&P 500 BuyWrite ETF 65.1 49 -17 5.1 -0.1
HSPX Global X S&P 500 Covered Call ETF 64.2 65 -33 4.9 -0.2
MGC Vanguard Mega Cap Index Fund 62.5 7 25 5.3 +0.1
IWL iShares Russell Top 200 ETF 62.5 15 17 5.1 -0.0
IQSU IQ Candriam ESG US Equity ETF 61.8 9 23 5.3 +0.1
SPLG SPDR Portfolio Large Cap ETF 61.7 3 29 5.5 +0.3
IVV iShares Core S&P 500 ETF 61.6 4 28 5.5 +0.3
SPY SPDR S&P 500 ETF Trust 61.6 9 23 5.4 +0.2
VOO VANGUARD S&P 500 ETF 61.1 3 29 5.5 +0.3
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 61.0 20 12 5.5 +0.3
SPXE ProShares S&P 500 Ex-Energy ETF 61.0 27 5 5.4 +0.2
PBUS Invesco PureBeta MSCI USA ETF 60.6 4 28 5.3 +0.2
VV Vanguard Large-Cap Index Fund 60.6 4 28 5.3 +0.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 60.2 20 12 5.0 -0.2
BBUS JP Morgan Betabuilders U.S. Equity ETF 60.2 2 30 5.4 +0.2
OEF iShares S&P 100 ETF 59.5 20 12 4.9 -0.3
SPXV ProShares S&P 500 Ex-Health Care ETF 59.2 27 5 5.1 -0.0
SPXN ProShares S&P 500 Ex-Financials ETF 59.0 27 5 5.1 -0.1
SCHX Schwab U.S. Large-Cap ETF 59.0 3 29 5.4 +0.2
SPTM SPDR Portfolio Total Stock Market ETF 57.8 3 29 5.6 +0.4
ESGG FlexShares STOXX Global ESG Impact Index Fund 57.6 42 -10 5.6 +0.4
CATH Global X S&P 500 Catholic Values Custom ETF 57.6 29 3 5.3 +0.1
IWB iShares Russell 1000 ETF 57.6 15 17 5.2 +0.1
SCHK Schwab 1000 Index ETF 57.3 5 27 5.3 +0.2
NACP Impact Shares NAACP Minority Empowerment ETF 57.2 75 -43 4.5 -0.7
ESGU iShares MSCI USA ESG Optimized ETF 57.1 15 17 5.1 -0.0
VONE Vanguard Russell 1000 ETF 57.0 8 24 5.3 +0.2
IYY iShares Dow Jones U.S. ETF 56.8 20 12 5.2 +0.1
ESGV Vanguard ESG U.S. Stock ETF 56.6 12 20 5.3 +0.1
EPS WisdomTree U.S. Earnings 500 Fund 55.0 8 24 6.4 +1.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 55.0 12 20 5.1 -0.1
SCHB Schwab U.S. Broad Market ETF 54.8 3 29 5.3 +0.1
IWV iShares Russell 3000 ETF 54.6 20 12 5.1 -0.1
ITOT iShares Core S&P Total U.S. Stock Market ETF 54.6 3 29 5.2 +0.1
VTI Vanguard Total Stock Market Index Fund 54.5 3 29 5.2 +0.0
SFY SoFi Select 500 ETF 54.5 0 32 5.3 +0.2
VTHR Vanguard Russell 3000 Index Fund 54.3 10 22 5.2 +0.0
WOMN Impact Shares YWCA Women's Empowerment ETF 54.3 75 -43 4.5 -0.6
XLG Invesco S&P 500 Top 50 ETF 53.6 20 12 4.7 -0.5
FNDX Schwab Fundamental U.S. Large Co. Index ETF 53.4 25 7 6.4 +1.3
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 52.6 9 23 5.6 +0.4
DLN WisdomTree U.S. LargeCap Dividend Fund 52.4 28 4 6.3 +1.1
QUS SPDR MSCI USA StrategicFactors ETF 52.4 15 17 5.8 +0.6
SPXT ProShares S&P 500 Ex-Technology ETF 51.9 27 5 5.6 +0.4
DIVB iShares U.S. Dividend & Buyback ETF 51.2 25 7 6.3 +1.2
FNDB Schwab Fundamental U.S. Broad Market Index ETF 51.2 25 7 6.4 +1.2
SPYG SPDR Portfolio S&P 500 Growth ETF 51.0 4 28 4.5 -0.7
IVW iShares S&P 500 Growth ETF 51.0 18 14 4.3 -0.8
JHML John Hancock Multifactor Large Cap ETF 50.9 34 -2 5.5 +0.3
IUS Invesco Strategic US ETF 50.9 19 13 6.2 +1.0
VOOG Vanguard S&P 500 Growth ETF 50.9 10 22 4.4 -0.7
XOUT GraniteShares XOUT U.S. Large Cap ETF 50.5 60 -28 4.6 -0.6
PRF Invesco FTSE RAFI US 1000 ETF 49.8 39 -7 6.6 +1.5
DTD WisdomTree U.S.Total Dividend Fund 49.7 28 4 6.5 +1.3
IUSG iShares Core S&P US Growth ETF 49.6 4 28 4.5 -0.7
VTV Vanguard Value Index Fund 49.2 4 28 7.1 +2.0
DSI iShares MSCI KLD 400 Social ETF 48.9 25 7 5.2 +0.1
SUSL iShares ESG MSCI USA Leaders ETF 48.8 10 22 5.4 +0.2
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 48.7 10 22 5.4 +0.3
DGRO iShares Core Dividend Growth ETF 48.6 8 24 6.4 +1.2
VEGN US Vegan Climate ETF 48.5 60 -28 5.3 +0.1
IWF iShares Russell 1000 Growth ETF 48.0 19 13 4.3 -0.8
VONG Vanguard Russell 1000 Growth Index Fund 48.0 8 24 4.4 -0.7
SPYV SPDR Portfolio S&P 500 Value ETF 47.8 4 28 7.2 +2.0
IVE iShares S&P 500 Value ETF 47.8 18 14 7.0 +1.9
IWY iShares Russell Top 200 Growth ETF 47.8 20 12 4.3 -0.8
SCHV Schwab U.S. Large-Cap Value ETF 47.6 4 28 6.9 +1.8
VOOV Vanguard S&P 500 Value ETF 47.5 15 17 7.1 +1.9
AVUS Avantis U.S. Equity ETF 47.0 15 17 5.7 +0.6
IUSV iShares Core S&P U.S. Value ETF 46.7 4 28 7.2 +2.1
RWL Invesco S&P 500 Revenue ETF 46.5 39 -7 6.7 +1.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 46.2 49 -17 4.2 -1.0
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 46.0 25 7 6.1 +0.9
RECS Columbia Research Enhanced Core ETF 45.7 15 17 5.6 +0.5
OMFL Oppenheimer Russell 1000 Dynamic Multifactor ETF 45.6 29 3 4.3 -0.8
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 45.5 15 17 6.2 +1.1
USMC Principal U.S. Mega-Cap Multi-Factor Index ETF 45.5 12 20 4.9 -0.3
MGV Vanguard Mega Cap Value ETF 45.4 7 25 7.0 +1.8
TMFC Motley Fool 100 Index ETF 45.3 50 -18 4.0 -1.2
IWD iShares Russell 1000 Value ETF 45.1 19 13 6.9 +1.7
RAFE PIMCO RAFI ESG U.S. ETF 44.8 29 3 7.5 +2.3
VLU SPDR S&P 1500 Value Tilt ETF 44.7 12 20 7.1 +2.0
VONV Vanguard Russell 1000 Value Index Fund 44.6 8 24 7.0 +1.8
TOK iShares MSCI Kokusai ETF 44.2 25 7 5.7 +0.6
EXT WisdomTree U.S. Total Earnings Fund 44.1 28 4 5.7 +0.6
DYNF BlackRock U.S. Equity Factor Rotation ETF 44.0 30 2 6.6 +1.5
VUG Vanguard Growth Index Fund 43.5 4 28 4.2 -0.9
SCHG Schwab U.S. Large-Cap Growth ETF 43.4 4 28 4.3 -0.9
EQWL Invesco Russell Top 200 Equal Weight ETF 42.8 25 7 5.9 +0.7
MGK Vanguard Mega Cap Growth ETF 42.4 7 25 4.3 -0.8
KRMA Global X Conscious Companies ETF 42.3 43 -11 5.2 +0.1
FDMO Fidelity Momentum Factor ETF 41.3 29 3 4.0 -1.2
IWX iShares Russell Top 200 Value ETF 41.2 20 12 6.9 +1.7
URTH iShares MSCI World ETF 41.1 24 8 5.8 +0.6
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 40.9 29 3 6.1 +0.9
FVAL Fidelity Value Factor ETF 40.7 29 3 8.0 +2.8
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 40.3 19 13 5.6 +0.5
AFLG First Trust Active Factor Large Cap ETF 40.1 55 -23 5.6 +0.4
DGRW WisdomTree U.S. Quality Dividend Growth Fund 40.1 28 4 6.5 +1.3

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:

NEUTRAL

Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.9 %
Divided by: Fwd. P/BV 2.9 x
Less: Expense ratio 32 bp
Equals: ALTAR Score 5.2 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.46 CATEGORY
AVERAGE
1.53
 
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.