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Xtrackers MSCI USA Selection Equity ETF (NYSEARCA:USSG - Get Free Report) was the recipient of a significant increase in short interest in March. As of March 13th, there was short interest totaling 22,178 shares, an increase of 21.3% from the February 26th total of 18,288 shares. Currently, 0.3% of the shares of the stock are
DWS has operated in the ETF space via its Xtrackers family of funds in the US for nearly 20 years. It has flown under the radar compared to the largest ETF issuers.
There's a perception that ESG ETFs are less relevant or able to add value than in the past. The reality is that some ESG ETF are not only gathering assets, but are performing well too.
The Xtrackers MSCI USA ESG Leaders Equity ETF closely tracks the performance of the S&P 500, making it similar to other larger index funds. The ESG criteria of USSG may not fully align with the spirit of ESG investing. The top holdings of USSG include Microsoft, Nvidia, Alphabet, and other major tech companies, indicating that the fund represents the entire market and may not offer unique exposure.
This week, the iShares Climate Conscious & Transition MSCI USA ETF (USCL), a newly launched ESG ETF, saw strong net inflows from Ilmarinen, a Finnish insurance company. At the same time, an older ESG ETF, the iShares ESG MSCI USA Leaders ETF (SUSL), incurred a sizable redemption.
However, the fund in question takes a climate-focused rather than a broad ESG approach.
ESG ETFs have lagged conventional funds year to date.
The ETF launches tap growing investor interest in sustainable investing.
Full call transcripts — prepared remarks + analyst Q&A — with speaker-by-speaker formatting and one-click switching across every quarter on file.
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Transcripts source: company-published earnings calls. Speaker attribution and formatting are processed in-app.