FlexShares ESG & Climate Developed Markets ex-US Core Index Fund ETF (FEDM)
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 PageThe 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.
Top 10 Holdings
16.20% of assetsName | 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% |
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 |
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...

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...

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...

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...

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 ...

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...

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 ...

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...

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...