DWS expands Xtrackers US equity range with two ESG ETFs

Listed on London Stock Exchange

DWS has expanded its €11bn Xtrackers S&P 500 range with two ETFs taking into account ESG criteria, the Xtrackers S&P 500 ESG UCITS ETF and the Xtrackers S&P 500 Equal Weight ESG UCITS ETF.

Listed on both the London Stock Exchange and Deutsche Borse, the ETFs track the S&P 500 ESG index and the S&P 500 Equal Weight ESG index respectively, which make a number of exclusions before selecting constituents with a consideration for E, S and G criteria.  Excluded companies are those that exceed revenue thresholds in activities related to thermal coal, tobacco and controversial weapons, or those that violate international norms and standards, such as the UN Global Compact Principles.  DWS terminates Russia ETF Companies without an S&P DJI (Dow Jones indices) ESG score are als...