USNZ
Xtrackers Net Zero Pathway Paris Aligned US Equity ETF
USNZ tracks a tier-weighted index of large- and mid-cap US stocks selected and weighted based on ESG criteria that is aligned with the objectives of the Net Zero Investment Framework and the Paris Climate Agreement.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
238.0 M
ASSETS UNDER MGMT
10 bp
EXPENSES
Fund Basics
Fund sponsor | Deutsche Bank |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Jun 28, 2022 |
Assets (mns) | $238 |
Expense ratio | 10 bp |
Currency | CAD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Principles-based |
Weighting | Tiered |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | No |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
APPLE INC | 9.2 % |
NVIDIA CORP | 8.0 % |
MICROSOFT CORP | 6.5 % |
META PLATFORMS INC | 2.3 % |
ALPHABET INC. CLASS A | 2.2 % |
ALPHABET INC. CLASS C | 1.9 % |
BROADCOM INC. | 1.7 % |
ELI LILLY & CO | 1.6 % |
JPMORGAN CHASE & CO | 1.4 % |
UNITEDHEALTH GROUP INC | 1.2 % |
Constituent Breakdown
Number of holdings | 357 |
Herfindahl-Hirschman Index | 235 |
Wgt avg mkt cap (mns) | $856,382 |
Large cap (>$10bn) | 99.8% |
Mid cap ($2-10bn) | 0.3% |
Small cap (<$2bn) | 0.0% |
Developed mkts. | 99.6% |
Emerging mkts. | 0.4% |
Country Exposure
UNITED STATES | 97.2 % | |
IRELAND | 1.6 % | |
SWITZERLAND | 0.7 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 25.4% | 31.7% | 23.3% | -- | -- | -- | 22.1% | Volatility | 13.0% | 12.7% | 14.6% | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 0.97 | 99% |
MSCI EAFE | 0.74 | 67% |
MSCI Emg Mkts | 0.54 | 43% |
Liquidity Measures
Avg. volume (000) | 0 |
Turnover | 0.0% |
Avg. Bid/Ask (% of price) | 0.24% |
ADV of underlying (mns) | $191,094 |
Technical Indicators
Recent close | $38.39 |
30d moving avg. | $37.25 |
Annualized volatility | 15.5% |
Relative strength (RSI) | 50 |
Short interest (ETF) | 0.3% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. USNZ |
Expenses vs. USNZ |
ALTAR Score™ vs. USNZ |
---|---|---|---|---|
GSUS | Goldman Sachs MarketBeta U.S. Equity ETF | 75.6% | -3 bp | -0.4% |
XVV | iShares ESG Screened S&P 500 ETF | 75.6% | -2 bp | -0.4% |
SPXE | ProShares S&P 500 Ex-Energy ETF | 75.3% | -1 bp | -0.4% |
ESGV | Vanguard ESG U.S. Stock ETF | 73.7% | -1 bp | -0.5% |
VOTE | TCW Transform 500 ETF | 73.4% | -5 bp | -0.4% |
SPYX | SPDR S&P 500 Fossil Fuel Reserves Free ETF | 72.9% | +10 bp | -0.5% |
BBUS | JP Morgan Betabuilders U.S. Equity ETF | 72.7% | -8 bp | -0.3% |
VV | Vanguard Large-Cap ETF | 72.4% | -6 bp | -0.4% |
BKLC | BNY Mellon US Large Cap Core Equity ETF | 72.4% | -10 bp | -0.3% |
STRV | Strive 500 ETF | 72.0% | -5 bp | -0.4% |
Risk and Returns: USNZ vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/13/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
USNZ
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
USNZ
5.2%
Cat. Avg
5.4%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.4% and a standard deviation of
2.5%. USNZ's ALTAR Score™ is approximately
0.1 standard deviations
below
the category average. This places USNZ in the 47th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
USNZSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
USNZ (10 bp) Percentile rank | 13 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
USNZ | 10.0 | 24.3 | 34.3 |
Peer Avg. | 37.1 | 14.9 | 52.1 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .