Momentum Building as Xtrackers MSCI USA ESG Leaders Equity ETF Exceeds USD 3 Billion in Assets
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NEW YORK--(BUSINESS WIRE)-- Momentum is building in the Xtrackers MSCI USA ESG Leaders Equity ETF (NYSE Arca: USSG) after it broke through the USD 3 billion in assets under management level last month.
The increasing popularity of the product reflects growing investor interest in environmental, social and governance (ESG) ETFs. The ETF tracks large- and mid-cap U.S. stocks, with similar risk and return characteristics to the MSCI USA Index, but with a weighting towards companies with the strongest ESG characteristics relative to sector peers. It has a net and gross expense ratio of 0.10%.
Amanda Rebello, DWS Head of Passive Sales, and U.S. onshore, commented: “The Xtrackers MSCI USA ESG Leaders Equity ETF continues to attract significant investor interest as ESG moves into the mainstream. We expect to see inflows come in at a strong pace this year.”
According to independent analysts ETFGI, assets invested in ESG ETFs and exchange-traded products (ETPs) globally reached a new high of USD 187 billion at the end of 2020, representing a yearly increase of 206%.1 Net inflows for ESG ETFs and ETPs globally in 2020 were USD 88.95 billion, up significantly from the USD 27.79 billion gathered in 2019, according to ETFGI.
Xtrackers MSCI USA ESG Leaders Equity ETF ranks fifth in the U.S. in terms of ESG ETF assets under management and, with USD 296 million positive flows in January, placed fourth in its category for inflows for the first month of 2021.2 The Xtrackers ESG range was awarded ‘ETF Suite of the Year’ at Fund Intelligence’s Mutual Fund Industry and ETF Virtual Awards 2020.3
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1 Source: ETFGI, 22 January, 2021
2 Source: Morningstar, as at January 31, 2021
3 Xtrackers ESG ETF product portfolio was named ‘ETF Suite of the Year’ at the 27th annual Fund Intelligence’s Mutual Fund Industry and ETF Virtual Awards 2020. These industry awards are meant to recognize people and organizations whose excellence, achievements and contributions to the mutual fund industry have stood out. In addition, Xtrackers MSCI USA ESG Leaders Equity ETF (USSG) won the ‘Newcomer ESG/Impact ETF of the Year’ accolade. For more information on methodology and judging process for the awards, please visit: https://mutualfundindustryawards.awardstage.com/#!/home-of0eb3nc9stuglc7mkd
About DWS Group
DWS Group (DWS) is one of the world's leading asset managers with USD 969bn of assets under management (as of 31 December 2020). Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas and Asia. DWS is 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 investment approach strategically.
DWS wants to innovate and shape the future of investing: with approximately 3,500 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.
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.
Xtrackers MSCI USA ESG Leaders Equity ETF: Investing involves risk, including the possible loss of principal. ESG criteria in a fund’s investment strategy does not guarantee a return or protect against a loss. Stocks may decline in value. This fund is nondiversified and can take larger positions in fewer issues, increasing its potential risk. 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. 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.
Past performance is no guarantee of future results.
This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.
Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like “expect,” “anticipate,” “believe,” “intend,” and similar expressions. Such statements represent management’s current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The following factors, among others, could cause actual results to differ materially from forward-looking statements: (i) the effects of adverse changes in market and economic conditions; (ii) legal and regulatory developments; and (iii) other additional risks and uncertainties, including public health crises (including the recent pandemic spread of the novel coronavirus), war, terrorism, trade disputes and related geopolitical events.
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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.
DBX004833 (3/22) R-081809-1 (3/21)
Source: DWS Group
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