FlexShares ESG & Climate Developed Markets ex-US Core Index Fund ETF (FEDM)

NYSEARCA: FEDM · IEX Real-Time Price · USD
46.01
+0.64 (1.40%)
Jun 2, 2023, 4:00 PM EDT - Market closed
1.4%
Assets $40.51M
Expense Ratio 0.12%
PE Ratio 13.19
Shares Out 900,000
Dividend (ttm) $1.07
Dividend Yield 2.33%
Ex-Dividend Date Mar 17, 2023
Payout Ratio 30.68%
1-Year Return +0.56%
Volume 3,357
Open 46.11
Previous Close 45.37
Day's Range 46.01 - 46.11
52-Week Low 35.69
52-Week High 47.07
Beta 0.91
Holdings 305
Inception Date Sep 20, 2021

About FEDM

Fund Home Page

The FlexShares ESG & Climate Developed Markets ex-US Core Index Fund ETF (FEDM) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a principles-based index of large-cap companies from the developed markets outside the US that exhibit environmental, social, and corporate governance (ESG) characteristics. FEDM was launched on Sep 20, 2021 and is managed by FlexShares.

Asset Class Equity
Category Foreign Large Blend
Region Developed-Ex-US
Stock Exchange NYSEARCA
Ticker Symbol FEDM
Index Tracked Northern Trust ESG & Climate Developed Markets ex-US Core

Top 10 Holdings

16.20% of assets
Name Symbol Weight
Nestle SA NESN.SW 2.15%
Novo Nordisk A/S Class B NOVO B.CO 2.07%
ASML Holding NV ASML.AS 1.92%
SAP SE SAP.DE 1.64%
AstraZeneca PLC AZN.L 1.63%
Roche Holding AG ROG.SW 1.52%
Shell PLC SHEL.L 1.43%
Schneider Electric SE SU.PA 1.35%
Cash n/a 1.29%
Royal Bank of Canada RY.TO 1.21%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Mar 17, 2023 $0.10957 Mar 23, 2023
Dec 16, 2022 $0.18542 Dec 22, 2022
Sep 16, 2022 $0.21638 Sep 22, 2022
Jun 17, 2022 $0.56116 Jun 24, 2022
Mar 18, 2022 $0.10209 Mar 24, 2022
Dec 17, 2021 $0.3157 Dec 23, 2021
Full Dividend History

News

ESG Investing Offers Opportunity for Advisors to Better Connect with Clients

Sustainable investing offers another opportunity for advisors to have deeper, more meaningful relationships with their clients. ESG investing — or “sustainable investing” — continues to gain awareness...

Other symbols: FEEMFEHYFEIGFEUS
1 year ago - ETF Trends

Research Shows ESG Funds Have Potential to Outperform Conventional Funds

As sustainable investing continues to affirm its place among traditional strategies, many advisors assume that sustainable investing entails a trade-off in returns. “The facts have been for a long tim...

Other symbols: FEEMFEHYFEIGFEUS
1 year ago - ETF Trends

Does Your ESG Portfolio Identify Potential Risks to Companies' Financials?

ESG has risen to the center stage in recent years, heavily influencing investors' allocation decisions.  Companies face growing pressure from regulators and investors to address concerns such as clima...

Other symbols: FEEMFEUS
1 year ago - ETF Trends
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Take Advantage of the Green Economy With These Climate Change ETFs

Now more than ever, especially with skyrocketing oil prices, environmental, social, and government (ESG) investing is becoming a core component of the capital markets. As the world looks to take the n...

Other symbols: FEUS
1 year ago - ETF Trends

As Energy Prices Heat Up, ESG ETFs Surge

FlexShares' top-performing ETFs last week largely have one commonality: they all integrate ESG criteria into their investment strategies. Surging commodity prices, exacerbated by Russia's invasion of ...

Other symbols: ESGGFEUS
1 year ago - ETF Trends

Four ETF Options That Take Future ESG Risk Into Account

Environmental, social, and governance (ESG) investing has seen exponential growth over the past years. While it presents an opportune growth strategy, the question investors need to ask is whether the...

Other symbols: FEHYFEIGFEUS
1 year ago - ETF Trends

3 Ways to Assess Potential Future Sustainability

Sustainable investing offers another way to manage risk in portfolios without limiting performance. In fact, over a one-year period, the S&P 500 ESG index has returned 20.25%, while the S&P 500 index ...

Other symbols: FEIGFEUSFEHY
1 year ago - ETF Trends

Global Standards Are Slowly Developing for ESG

With environmental, social, and governance (ESG) investing reaching a global scale, standards are developing to help add uniformity to the growing space. Organizations with a global reach are creating...

1 year ago - ETF Trends
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Global Finance Coalition Set to Invest $130 Trillion in Climate Change

A global finance coalition of investors, banks, and insurers controlling $130 trillion in assets said it would use that capital to hit net zero emissions targets in its investments by 2050. “The group...

Other symbols: FEUS
1 year ago - ETF Trends