FlexShares STOXX Global ESG Impact Index Fund
ALTAR
Score™
4.6% info Recommen-
dation
OVERWEIGHT
2020E    2021E
P/E
ratio
26.7x P/Sales
ratio
2.4x
P/BV
ratio
2.8x Div.
yield
1.8%


  • 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) $161
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 721
Wgt avg mkt cap (mns) $451,607
Large cap (>$10bn) 96.0%
Mid cap ($2-10bn) 3.9%
Small cap (<$2bn) 0.1%
Developed mkts 99.9%
Emerging mkts 0.1%

TOP TEN HOLDINGS
APPLE INC 5.3 %
MICROSOFT CORP 5.0 %
AMAZON.COM INC 5.0 %
ALPHABET INC. CLASS C 2.7 %
FACEBOOK 2.5 %
TESLA MOTORS INC 2.0 %
JPMORGAN CHASE & CO 1.3 %
PROCTER & GAMBLE CO/THE 1.3 %
BANK OF AMERICA CORP 1.2 %
HOME DEPOT INC 1.1 %
Total 27.3 %

TOP COUNTRY EXPOSURE
UNITED STATES 58.4 %
JAPAN 8.4 %
BRITAIN 5.5 %
SWITZERLAND 4.7 %
FRANCE 4.4 %
AUSTRALIA 3.5 %
GERMANY 2.9 %
NETHERLANDS 1.7 %
CANADA 1.5 %
IRELAND 1.3 %

HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru December 31)
Year-to-date 1 year 5 years 10 years Since Incep.
17.3% 17.3% -- -- 13.8%

Market Correlations
versus... Beta R-squared
S&P500 0.95 97%
MSCI EAFE 0.93 92%
MSCI Emg. Mkts. 0.73 72%

Technical Indicators
Recent close $128.84
30d moving avg. $125.17
Annualized volatility 18.1%
Short interest (ETF) 0.0%
Relative strength (RSI) 68

Liquidity measures
Avg. volume (thou.) 2
Turnover 0.2%
Bid/Ask (% of price) 0.26%
ADV underlying (mns) $214,389

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 97 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™: 4.6%


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
(%)
TOK iShares MSCI Kokusai ETF 61.0 25 17 4.9 +0.3
KOKU Xtrackers MSCI Kokusai Equity ETF 60.7 9 33 5.0 +0.5
ESG FlexShares STOXX US ESG Impact Index Fund 59.9 32 10 4.5 -0.1
URTH iShares MSCI World ETF 59.6 24 18 5.0 +0.4
ESGV Vanguard ESG U.S. Stock ETF 54.6 12 30 4.5 -0.1
PBP Invesco S&P 500 BuyWrite ETF 54.0 49 -7 4.3 -0.3
XYLG Global X S&P 500 Covered Call & Growth ETF 53.5 60 -18 4.4 -0.2
SPY SPDR S&P 500 ETF Trust 53.2 9 33 4.7 +0.1
IVV iShares Core S&P 500 ETF 53.1 3 39 4.7 +0.2
SPLG SPDR Portfolio Large Cap ETF 53.1 3 39 4.7 +0.2
MGC Vanguard Mega Cap Index Fund 52.9 7 35 4.6 0.0
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 52.8 7 35 4.5 -0.0
VOO VANGUARD S&P 500 ETF 52.6 3 39 4.8 +0.2
VV Vanguard Large-Cap Index Fund 52.4 4 38 4.6 +0.0
BBUS JP Morgan Betabuilders U.S. Equity ETF 52.2 2 40 4.6 +0.1
PBUS Invesco PureBeta MSCI USA ETF 52.0 4 38 4.6 +0.0
ACWI iShares MSCI ACWI ETF 51.9 32 10 5.1 +0.5
IWL iShares Russell Top 200 ETF 51.9 15 27 4.4 -0.2
SPXE ProShares S&P 500 Ex-Energy ETF 51.7 27 15 4.6 +0.0
BKLC BNY Mellon US Large Cap Core Equity ETF 51.6 0 42 4.4 -0.1
SCHX Schwab U.S. Large-Cap ETF 51.2 3 39 4.6 -0.0
XVV iShares ESG Screened S&P 500 ETF 51.2 8 34 4.9 +0.3
CRBN iShares MSCI ACWI Low Carbon Target ETF 50.7 20 22 5.3 +0.7
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 50.6 20 22 4.8 +0.2
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 50.6 20 22 4.6 -0.0
SPTM SPDR Portfolio Total Stock Market ETF 50.5 3 39 4.8 +0.2
LOWC SPDR MSCI ACWI Low Carbon Target ETF 50.4 20 22 5.3 +0.7
SCHK Schwab 1000 Index ETF 50.3 5 37 4.6 0.0
EFIV SPDR S&P 500 ESG ETF 50.3 10 32 4.6 -0.0
SNPE Xtrackers S&P 500 ESG ETF 50.3 10 32 4.6 -0.0
IWB iShares Russell 1000 ETF 50.2 15 27 4.5 -0.1
IYY iShares Dow Jones U.S. ETF 50.0 20 22 4.4 -0.2
SPXN ProShares S&P 500 Ex-Financials ETF 49.8 27 15 4.3 -0.2
SPXV ProShares S&P 500 Ex-Health Care ETF 49.6 27 15 4.3 -0.3
ESGU iShares MSCI USA ESG Optimized ETF 49.6 15 27 4.4 -0.2
VTHR Vanguard Russell 3000 Index Fund 49.1 10 32 4.4 -0.2
SCHB Schwab U.S. Broad Market ETF 48.0 3 39 4.5 -0.1
IWV iShares Russell 3000 ETF 48.0 20 22 4.3 -0.3
ITOT iShares Core S&P Total U.S. Stock Market ETF 47.8 3 39 4.4 -0.2
OEF iShares S&P 100 ETF 47.6 20 22 4.2 -0.4
VONE Vanguard Russell 1000 ETF 47.4 8 34 4.6 -0.0
JCTR JPMorgan Carbon Transition U.S. Equity ETF 47.3 15 27 4.7 +0.1
VTI Vanguard Total Stock Market Index Fund 47.2 3 39 4.4 -0.2
SFY SoFi Select 500 ETF 47.1 0 42 4.6 -0.0
QWLD SPDR MSCI World StrategicFactors ETF 47.1 30 12 5.4 +0.8
VT Vanguard Total World Stock ETF 46.5 8 34 5.4 +0.8
CATH Global X S&P 500 Catholic Values Custom ETF 45.9 29 13 4.6 -0.0
XOUT GraniteShares XOUT U.S. Large Cap ETF 45.9 60 -18 3.6 -1.0
DFAU Dimensional US Core Equity Market ETF 45.8 12 30 4.7 +0.1
SPGM SPDR Portfolio MSCI Global Stock Market ETF 45.5 9 33 5.1 +0.5
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 45.4 9 33 4.8 +0.2
MMTM SPDR S&P 1500 Momentum Tilt ETF 45.2 12 30 4.0 -0.6
IQSU IQ Candriam ESG US Equity ETF 43.1 9 33 4.5 -0.1
VOOG Vanguard S&P 500 Growth ETF 42.0 10 32 3.9 -0.7
EPS WisdomTree U.S. Earnings 500 Fund 41.7 8 34 5.9 +1.3
SPYG SPDR Portfolio S&P 500 Growth ETF 41.7 4 38 3.6 -0.9
IVW iShares S&P 500 Growth ETF 41.7 18 24 3.5 -1.1
IUSG iShares Core S&P US Growth ETF 41.4 4 38 3.6 -1.0
IOO iShares Global 100 ETF 41.1 40 2 4.2 -0.4
JHML John Hancock Multifactor Large Cap ETF 40.5 29 13 4.9 +0.3
XLG Invesco S&P 500 Top 50 ETF 40.3 20 22 4.0 -0.5
NACP Impact Shares NAACP Minority Empowerment ETF 39.9 49 -7 4.7 +0.1
IWF iShares Russell 1000 Growth ETF 39.4 19 23 3.4 -1.2
VONG Vanguard Russell 1000 Growth Index Fund 39.2 8 34 3.5 -1.1
PLC Principal U.S. Large-Cap Multi-Factor Core Index ETF 39.2 15 27 0.0 -4.6
TILT Flexshares Morningstar US Market Factors Tilt Index Fund 38.9 25 17 4.9 +0.3
DIVB iShares U.S. Dividend & Buyback ETF 38.7 25 17 5.9 +1.3
HIPR Direxion High Growth ETF 38.7 40 2 3.8 -0.8
IWY iShares Russell Top 200 Growth ETF 38.4 20 22 3.5 -1.0
AVUS Avantis U.S. Equity ETF 38.3 15 27 4.8 +0.3
SPXT ProShares S&P 500 Ex-Technology ETF 38.1 27 15 4.9 +0.3
FNDX Schwab Fundamental U.S. Large Co. Index ETF 37.1 25 17 5.7 +1.2
PRF Invesco FTSE RAFI US 1000 ETF 36.7 39 3 5.7 +1.2
QUS SPDR MSCI USA StrategicFactors ETF 36.5 15 27 5.3 +0.7
RESP WisdomTree US ESG Fund of Benef Interest 36.2 28 14 5.0 +0.5
KRMA Global X Conscious Companies ETF 36.2 43 -1 4.8 +0.3
VUG Vanguard Growth Index Fund 36.1 4 38 3.5 -1.1
WOMN Impact Shares YWCA Women's Empowerment ETF 35.4 75 -33 3.5 -1.0
FNDB Schwab Fundamental U.S. Broad Market Index ETF 35.4 25 17 5.7 +1.1
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 35.1 49 -7 3.4 -1.2
DLN WisdomTree U.S. LargeCap Dividend Fund 34.8 28 14 6.1 +1.6
SUSA iShares MSCI USA ESG Select ETF 34.8 25 17 4.2 -0.3
SCHF Schwab International Equity ETF 34.8 6 36 6.5 +1.9
DSI iShares MSCI KLD 400 Social ETF 34.7 25 17 4.6 -0.0
DFAI Dimensional International Core Equity Market ETF 34.5 18 24 6.4 +1.8
SPDW SPDR Portfolio Developed World ex-US ETF 34.4 4 38 6.2 +1.7
IDEV iShares Core MSCI International Developed Markets ETF 34.3 5 37 6.5 +1.9
RWL Invesco S&P 500 Revenue ETF 34.2 39 3 6.3 +1.7
VEA Vanguard FTSE Developed Markets ETF 34.2 5 37 6.6 +2.0
ADME Aptus Drawdown Managed Equity ETF 34.1 79 -37 3.1 -1.5
IUS Invesco Strategic US ETF 34.0 19 23 5.5 +0.9
MGK Vanguard Mega Cap Growth ETF 34.0 7 35 3.6 -1.0
ACIO Aptus Collared Income Opportunity ETF 34.0 79 -37 3.8 -0.8
IEFA iShares Core MSCI EAFE ETF 34.0 7 35 6.5 +1.9
EFA iShares MSCI EAFE ETF 33.7 32 10 6.2 +1.7
DTD WisdomTree U.S.Total Dividend Fund 33.6 28 14 6.2 +1.7
PBDM Invesco PureBeta FTSE Developed ex-North America ETF 33.6 7 35 6.5 +2.0

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

  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

Content on this tab for subscribers only

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 Global ESG Impact Index Fund
Relative
to:
S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

OVERWEIGHT

Above average appreciation potential. A rating of OVERWEIGHT is assigned to ETFs with ALTAR Scores in the 4th quintile (ranking higher than 60%-80%) of their category. Typically, funds in this category consist of stocks trading at attractive valuations and/or having above-average fundamentals.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 12.8 %
Divided by: Fwd. P/BV 2.6 x
Less: Expense ratio 42 bp
Equals: ALTAR Score 4.6 %
info More information on ALTAR Score™

MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING
1.45 CATEGORY
AVERAGE
1.48
 
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.