The Amundi S&P 500 Equal Weight ESG Leaders ETF invests in a diverse group of leading S&P 500 companies that excel in environmental, social, and governance (ESG) practices. Instead of being weighted by market capitalization, each selected company is given an equal weight, ensuring balanced exposure across all holdings. This approach focuses on companies that are recognized as ESG leaders within the S&P 500, promoting sustainability and responsible business practices while maintaining a broadly diversified equity portfolio.
Content summarized by AI chatbot
Tags:
esgs&p 500equal weight
Ratings & reviews
5.00
1 votes
Performance:
5.00
Innovation:
5.00
Society:
5.00
Nature:
5.00
Tonia Zimmermann
Switzerland, 06 Feb 2024
Cost efficient, ESG compliant and equal weights to avoid big individual company exposure