State Street Global Advisors has launched three new ESG ETFs offering exposure to small-cap, international and emerging market equities.
The new ETFs are:
SPDR S&P SmallCap 600 ESG ETF (ESIX)
SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF (RDMX)
SPDR Bloomberg SASB Emerging Markets ESG Select ETF (REMG)
The SPDR S&P SmallCap 600 ESG ETF seeks to track an index that is designed to provide exposure to securities that meet certain sustainability criteria while maintaining similar overall industry group weights as the S&P SmallCap 600 Index.
The SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF seeks to track an index that is designed to provide exposure to large and mid-capitalization companies in developed markets, excluding companies in the US, that exhibit certain ESG characteristics.
The SPDR Bloomberg SASB Emerging Markets ESG Select ETF seeks to track an index that is designed to provide exposure to large and mid-capitalization companies in emerging markets that exhibit certain ESG characteristics.
“As ESG awareness and education improves, investors are increasingly seeking to integrate best-in-class solutions across their entire portfolio,” said Brie Williams, Head of Practice Management at State Street Global Advisors. “With the launch of ESIX, RDMX, and REMG, investors can bring the potential benefits of ESG investing to the building blocks of a well-diversified equity portfolio.”