New equity index ETFs from Xtrackers on Xetra: climate-friendly investments according to EU PAB standards with focus on Europe, Japan, and the USA
New equity index ETFs from Xtrackers on Xetra: climate-friendly investments according to EU PAB standards with focus on Europe, Japan, and the USA
Since Thursday, three new exchange-traded funds issued by Xtrackers have been tradable on Xetra and via Börse Frankfurt.
The three new ETFs offer investors access to companies from the Solactive ISS ESG Net Zero Pathway index family. The benchmark indices focus on large and medium-sized companies, which are selected and weighted according to their contribution to compliance with the EU Paris-aligned Benchmark (EU PAB) standards and the net zero economy.
The aim of EU PAB indices is to redistribute capital towards a low-carbon and climate-resilient global economy. Compared to the main index, the aim is to achieve a 50 per cent reduction in greenhouse gas emissions in the first year and a 7 per cent annual reduction thereafter.
Companies that do not meet certain ESG criteria and are active in ESG-controversial business sectors are excluded. The same applies to companies that negatively impact certain United Nations Sustainable Development Goals (SDGs).
Investors can choose between companies domiciled in industrialised countries in Europe, Japan, or the USA for the three ETFs.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF | Equity ETF | IE0001JH5CB4 | 0,15 | accumulating | Solactive ISS ESG Developed Markets Europe Net Zero Pathway Index |
Xtrackers Japan Net Zero Pathway Paris Aligned UCITS ETF | Equity ETF | 0,15 Prozent | accumulating | Solactive ISS ESG Japan Net Zero Pathway Index | |
Xtrackers USA Net Zero Pathway Paris Aligned UCITS ETF | Equity ETF | 0,10 Prozent | accumulating | Solactive ISS ESG United States Net Zero Pathway Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,922 ETFs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.