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
$ 262.4 M
ASSETS UNDER MGMT
10 bp
EXPENSES
Fund Basics
| Inception date | Jun 28, 2022 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Quarterly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| APPLE INC | 8.9 % |
| NVIDIA CORP | 8.0 % |
| MICROSOFT CORP | 7.8 % |
| AMAZON.COM INC | 3.8 % |
| ALPHABET INC. CLASS A | 3.2 % |
| BROADCOM INC. | 2.9 % |
| ALPHABET INC. CLASS C | 2.8 % |
| META PLATFORMS INC | 2.6 % |
| TESLA MOTORS INC | 2.3 % |
| ELI LILLY & CO | 1.7 % |
Constituent Breakdown
| Number of holdings | 318 |
| Herfindahl-Hirschman Index | 278 |
| Wgt avg mkt cap (mns) | $1,559,529 |
| Large cap (>$10bn) | 98.1% |
| Mid cap ($2-10bn) | 0.1% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 98.4% |
| Emerging mkts. | 0.2% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 96.0 % |
 |
IRELAND | 1.8 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -1.3% | 13.4% | 13.6% | 18.6% | -- | -- | -- | 16.4% |
| Dividend Yield | 0.0% | 1.3% | 1.3% | 1.4% | -- | -- | -- | 1.4% |
| Total Returns | -1.3% | 14.6% | 14.9% | 20.0% | -- | -- | -- | 17.8% | Ann. Volatility | 14.0% | 18.9% | 16.2% | 15.2% | -- | -- | -- | 16.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.97 | 98% |
| MSCI EAFE | 0.92 | 64% |
| MSCI Emg Mkts | 0.80 | 59% |
Liquidity Measures
| Avg. volume (000) | 7 |
| ADV traded (mns) | $0 |
| Turnover | 0.1% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $41.71 |
| Relative strength (RSI) | 35 |
| MACD/Signal | -0.81/-0.58 |
| Bollinger Bands (Upper/Lower) | $43.93/$39.34 |
| Short interest (% of AUM) | 0.2% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
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 | 81.1% | -3 bp | -0.3% |
| SPXE | ProShares S&P 500 Ex-Energy ETF | 80.9% | -1 bp | -0.3% |
| ESGV | Vanguard ESG U.S. Stock ETF | 80.9% | -1 bp | -0.1% |
| XVV | iShares ESG Screened S&P 500 ETF | 80.8% | -2 bp | -0.2% |
| BBUS | JP Morgan Betabuilders U.S. Equity ETF | 79.4% | -8 bp | -0.2% |
| BKLC | BNY Mellon US Large Cap Core Equity ETF | 78.8% | -10 bp | -0.3% |
| VOTE | TCW Transform 500 ETF | 78.6% | -5 bp | -0.3% |
| SPYX | State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF | 78.2% | +10 bp | -0.4% |
| PBUS | Invesco MSCI USA ETF | 77.6% | -6 bp | -0.2% |
| VV | Vanguard Large-Cap ETF | 77.5% | -6 bp | -0.3% |
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 (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| 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 4/1/2026
Peer Group Comparison Sample data. Subscribe for access.
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
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
5.6%
ALTAR SCORE™
46th
PERCENTILE
NEUTRAL
ETFRC RATING
There are 1,196 funds in the US Equity category with an average
ALTAR Score™ of 5.8% and a standard deviation
of 2.1%. USNZ's ALTAR Score™ is approximately -0.1 standard
deviations above the category average. This places USNZ in the 46th percentile
among funds in the category.
Sell-Side Consensus
$52.89
PRICE TARGET
+31.6%
UPSIDE