FlexShares STOXX US ESG Select Index Fund
ESG
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 50 South LaSalle Street Chicago IL United States of America 60603
- IPO Date
- Jul 14, 2016
- CIK
- 0001491978
- Website
- flexshares.com
- Similar Companies
- Business
- FlexShares STOXX US ESG Select Index Fund (ESG) is an exchange-traded fund that seeks investment results corresponding generally to the price and yield performance, before fees and expenses, of the STOXX USA ESG Select KPIs Index. The Underlying Index provides exposure to a set of U.S. companies selected from the STOXX Global 1800 Index and tilted toward those scoring higher on select environmental, social, and governance (ESG) key performance indicators (KPIs), excluding the bottom 50% of companies by ESG KPI scores as well as those failing UN Global Compact Principles/Norms Screening or involved in tobacco, weapons, private prisons, thermal coal, or unconventional oil and gas; components are weighted by free-float market capitalization adjusted by an ESG KPI-based cap factor, with single-company weight limits of less than 5% at rebalancing. The fund holds approximately 262 U.S.-listed securities exhibiting strong ESG characteristics, including top holdings such as Apple Inc., NVIDIA Corporation, Microsoft Corporation, Amazon.com Inc., and Meta Platforms Inc.; it targets institutional and retail investors seeking core equity exposure aligned with ESG values without sacrificing diversification or potential long-term returns. Launched on July 13, 2016 and managed by FlexShares, a brand of Northern Trust Asset Management, the fund operates within the sustainable investing segment of the exchange-traded products industry, with assets under management of approximately $128 million, an expense ratio of 0.32%, and a focus on U.S. large-cap equities. The fund maintains ongoing adherence to its principles-based ESG methodology amid Northern Trust's broader expansions in sustainable strategies, including the 2021-2022 launches of the ESG & Climate suite—such as FlexShares ESG & Climate US Large Cap Core Index Fund (FEUS), FlexShares ESG & Climate Developed Markets ex-US Core Index Fund (FEDM), FlexShares ESG & Climate Investment Grade Corporate Core Index Fund (FEIG), FlexShares ESG & Climate High Yield Corporate Core Index Fund (FEHY, later liquidated), and FlexShares ESG & Climate Emerging Markets Core Index Fund (FEEM)—which incorporate Northern Trust's proprietary ESG Vector Score and carbon risk ratings in partnership with Institutional Shareholder Services (ISS) to enhance climate-focused screening. Headquartered in Chicago, Illinois—the founding city of Northern Trust in 1889—the fund benefits from the parent's global presence across more than 20 countries, though its portfolio remains U.S.-centric.