FlexShares STOXX Global ESG Impact Index Fund
ALTAR
Score™
5.7% info Recommen-
dation
NEUTRAL
2019E    2020E
P/E
ratio
17.3x P/Sales
ratio
1.7x
P/BV
ratio
2.4x Div.
yield
2.6%


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

FUND BASICS
Category Global Equities
Fund Sponsor Northern Trust
Website www.flexshares.com
Inception date Jul 13, 2016
Assets (mns) $93
Currency USD
Expense ratio 42 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 662
Wgt avg mkt cap (mns) $279,801
Large cap (>$10bn) 95.4%
Mid cap ($2-10bn) 4.6%
Small cap (<$2bn) 0.1%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
APPLE INC 5.6 %
MICROSOFT CORP 5.1 %
AMAZON.COM INC 4.4 %
JPMORGAN CHASE & CO 2.1 %
ALPHABET INC. CLASS C 2.0 %
BANK OF AMERICA CORP 1.7 %
INTEL CORP 1.5 %
EXXON MOBIL CORP 1.5 %
NESTLE SA-REG 1.4 %
PROCTER & GAMBLE CO/THE 1.4 %
Total 26.7 %

TOP COUNTRY EXPOSURE
UNITED STATES 56.4 %
JAPAN 8.8 %
BRITAIN 6.2 %
FRANCE 4.9 %
SWITZERLAND 4.5 %
AUSTRALIA 3.4 %
GERMANY 2.5 %
CANADA 2.1 %
IRELAND 2.1 %
NETHERLANDS 1.4 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru October 31)
Year-to-date 1 year 5 years 10 years Since Incep.
21.2% 12.6% -- -- 11.4%

Market Correlations
versus... Beta R-squared
S&P500 0.88 90%
MSCI EAFE 0.91 80%
MSCI Emg. Mkts. 0.64 67%

Technical Indicators
Recent close $103.64
30d moving avg. $100.88
Annualized volatility 11.2%
Short interest (ETF) 0.0%
Relative strength (RSI) 77

Liquidity measures
Avg. volume (thou.) 1
Turnover 0.1%
Bid/Ask (% of price) 0.34%
ADV underlying (mns) $97,278

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 20 potential alternatives to the FlexShares STOXX Global ESG Impact Index Fund ETF based on the alternatives' overlap in portfolio holdings with ESGG. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: ESGG Expense: 42 bp ALTAR Score™: 5.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH ESGG
Ticker Fund
Name
Overlap1
vs ESGG
(%)
Expense
ratio
(bp)
Savings
vs ESGG
(bp)
ALTAR
Score™
(%)
ALTAR
vs ESGG
(%)
ESG FlexShares STOXX US ESG Impact Index Fund 57.9 32 10 5.5 -0.2
TOK iShares MSCI Kokusai 54.7 25 17 6.0 +0.3
URTH iShares MSCI World Index 52.7 24 18 6.1 +0.4
SNPE Xtrackers S&P 500 ESG 50.8 11 31 5.8 +0.1
IWL iShares Russell Top 200 50.3 15 27 5.7 +0.0
MGC Vanguard Mega Cap 300 ETF 49.5 7 35 5.9 +0.2
OEF iShares S&P 100 49.0 20 22 5.5 -0.2
PBP Invesco S&P 500 Buy/Write 48.9 49 -7 5.6 -0.1
HSPX Global X S&P 500 Covered Call 48.2 65 -23 5.4 -0.3
JUST Goldman Sachs JUST U.S. Large Cap Equity 48.1 20 22 5.7 -0.0
SPY S&P 500 SPDR 47.8 9 33 5.9 +0.2
IVV iShares Core S&P 500 47.8 4 38 6.0 +0.3
VOO Vanguard S&P 500 ETF 47.7 3 39 6.0 +0.3
WOMN Impact Shares YWCA Women's Empowerment 47.4 75 -33 5.5 -0.2
SFY SoFi Select 500 47.4 0 42 5.7 -0.0
SPXN ProShares S&P 500 Ex-Financials 47.0 27 15 5.9 +0.3
PBUS Invesco PureBeta MSCI USA 47.0 4 38 6.0 +0.3
SPXV ProShares S&P 500 Ex-Health Care 46.8 27 15 5.7 -0.0
BBUS JP Morgan Betabuilders U.S. Equity 46.8 2 40 5.9 +0.2
VV Vanguard Large-Cap ETF 46.7 4 38 5.9 +0.2

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%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2014 2015 2016 2017 2018 2019E 2020E
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

Content on this tab for subscribers only

VALUATION METRICS
  2018 2019E 2020E
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 Global 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 13.8 %
Divided by: Fwd. P/BV 2.3 x
Less: Expense ratio 42 bp
Equals: ALTAR Score 5.7 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.53 CATEGORY
AVERAGE
1.54
 
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.