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SPDR ETF lists 3 ETFs on Xetra

SPDR ETFs on Xetra: Companies with steady dividend growth and ESG filter

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By ETFWorld.co.uk


Three new exchange traded funds issued by State Street Global Advisors have been tradable on Xetra and Börse Frankfurt since Monday.

With the SPDR S&P Global Dividend Aristocrats ESG UCITS ETF (Dist), investors invest in a global portfolio of companies with consistent dividend growth and a good ESG profile. In addition to a high dividend yield, the companies must have consistently increased their dividends over the last 10 years. The weighting of a stock is capped at three per cent. The weighting of a sector is limited to 25 per cent.

With the SPDR S&P U.S. Dividend Aristocrats ESG UCITS ETF (Dist) and the SPDR S&P Euro Dividend Aristocrats ESG UCITS ETF (Dist), investors focus on companies from the USA and the Eurozone respectively, whereby US stocks have had to increase their dividends continuously over the last 20 years. The weighting of a stock is limited to a maximum of 4 per cent. For the European variant, there is a limit of 5 per cent at single stock level and a sector and country limit of 30 per cent.

In all three ETFs, companies with business activities in the arms, tobacco or thermal coal sectors are excluded from the index. The same applies to companies that violate the United Nations Global Compact.

Main characteristics of the new product:

Product Name SPDR S&P Global Dividend Aristocrats ESG UCITS ETF (Dist)
ISIN IE00BYTH5S21
Asset class Equity ETF
Issuer SPDR® ETFs / State Street Global Advisors
Distribution policy Distributing
Underlying S&P Global ESG Dividend Aristocrats Quality Income Index
Management Fee 0.45 per cent

 

Product Name SPDR S&P U.S. Dividend Aristocrats ESG UCITS ETF (Dist)
ISIN IE00BYTH5R14
Asset class Equity ETF
Issuer SPDR® ETFs / State Street Global Advisors
Distribution policy Distributing
Underlying S&P ESG High Yield Dividend Aristocrats Index
Management Fee 0.35 per cent

 

Product Name SPDR S&P Euro Dividend Aristocrats ESG UCITS ETF (Dist)
ISIN IE00BYTH5T38
Asset class Equity ETF
Issuer SPDR® ETFs / State Street Global Advisors
Distribution policy Distributing
Underlying S&P Euro ESG High Yield Dividend Aristocrats Index
Management Fee 0.30 per cent

 

Source: ETFWorld.co.uk

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