Xtrackers Bloomberg Barclays US Investment Grade Corporate ESG ETF (IGIH)
Xtrackers Bloomberg Barclays US Investment Grade Corporate ESG ETF operates in the Asset Management - Bonds industry of the Financial Services sector. The stock last traded at $20.91, up 0.94% on the session, giving a market capitalisation of $9.3M. Its beta of 0.08 implies it has historically moved less than the broad market.
This exchange-traded fund (ETF) aims to replicate, before the deduction of fees and expenses, the performance of the Bloomberg Barclays MSCI US Corporate Sustainability SRI Sector/Credit/Maturity Neutral Index. To achieve this objective, the fund typically allocates a substantial majority of its total assets, at least 80%, to the specific securities that constitute its benchmark index. The underlying benchmark index is designed to largely preserve the broad characteristics of its foundational index, the Bloomberg Barclays US Corporate Index, which represents a universe of high-quality corporate debt. This methodology thereby provides investors with diversified exposure to the investment-grade fixed income market, meticulously integrated with environmental, social, and governance (ESG) considerations.
Xtrackers Bloomberg Barclays US Investment Grade Corporate ESG ETF is most often compared with the following Financial Services names: