Xtrackers MSCI USA ESG Leaders Equity ETF's USSG environmental, social, and governance mandate results in significant active risk relative to its parent index, which may or may not be rewarded over the long term. However, the fund still retains many of the benefits of a broadly diversified, market-cap-weighted, low-turnover index fund. It also dons a price tag that is very competitive with category peers. These considerations earn the fund a Morningstar Analyst Rating of Bronze.
Will USSG outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable USSG’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the USSG management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of USSG’s parent organization’s priorities and whether they’re in line with investors’ interests.