SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF (RDMX)
| Assets | $10.51M |
| Expense Ratio | 0.12% |
| PE Ratio | 10.96 |
| Shares Out | 400,000 |
| Dividend (ttm) | $0.80 |
| Dividend Yield | 3.09% |
| Ex-Dividend Date | Dec 19, 2022 |
| Payout Ratio | 36.01% |
| 1-Year Return | n/a |
| Volume | n/a |
| Open | n/a |
| Previous Close | 26.28 |
| Day's Range | 25.99 - 26.33 |
| 52-Week Low | 20.33 |
| 52-Week High | 27.84 |
| Beta | 0.89 |
| Holdings | 485 |
| Inception Date | Jan 10, 2022 |
About RDMX
The SPDR Bloomberg SASB Developed Markets EX US ESG Select ETF (RDMX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap stocks from the developed markets outside the US, that exhibit environmental, social, and governance characteristics. RDMX was launched on Jan 10, 2022 and is managed by SPDR.
Top 10 Holdings
13.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Nestle SA | NESN.SW | 2.12% |
| ASML Holding NV | ASML.AS | 1.71% |
| Novartis AG | NOVN.SW | 1.42% |
| Novo Nordisk A/S Class B | NOVO B.CO | 1.30% |
| LVMH Moet Hennessy Louis Vuitton SE | MC.PA | 1.24% |
| Roche Holding AG | ROG.SW | 1.23% |
| Shell PLC | SHEL.L | 1.20% |
| AstraZeneca PLC | AZN.L | 1.15% |
| BHP Group Ltd | BHP.AX | 1.11% |
| Toyota Motor Corp | 7203.T | 1.08% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2022 | $0.13813 | Dec 22, 2022 |
| Sep 19, 2022 | $0.12073 | Sep 22, 2022 |
| Jun 21, 2022 | $0.42386 | Jun 24, 2022 |
| Mar 21, 2022 | $0.12218 | Mar 24, 2022 |
News
Expect More Companies to Capitalize on ESG in 2023
This year was a trying one for environmental, social, and governance (ESG) ETFs. There's the obvious matter of many ESG funds slumping because growth stocks did the same.
Contrarian Call: RDMX Could Be 2023 Winner
Advisors and investors have long been vexed by ex-U.S. developed markets stocks and the related exchange traded funds. Those assets have long underperformed U.S. peers.
RDMX Could Be Right Redemption Story for Contrarian Investors
Investors looking for contrarian ideas for 2023 don't need to look much further than ex-US developed markets equities. In fact, that's been one of the most widely cited contrarian ideas for several ye...
Rate Hike Pause Could Lift RDMX
The Federal Reserve's most recent interest rate increase was 75 basis points, but the central bank signaled that the next one could be 50 basis points or less — a thesis that could be bolstered by a d...
Ex-U.S. Developed Market Stocks, ESG Combination Worth Examining
Among the various equity market themes materializing this year are ongoing discounted valuations in developed markets outside the U.S. and struggles for environmental, social and governance (ESG) stra...
ETF Strategies to Access the Growing ESG Opportunities
Investors should take a look at exchange traded fund strategies to help capitalize on the potential benefits of environmental, social, and governance investing in the current market.
Pairing ESG With Attractive Market Opportunities
Investors focusing on domestic stocks and the related environmental, social, and governance (ESG) exchange traded funds may be apt to believe substantial allocations to growth equities are the only wa...
RDMX: Efficient Developed Market ESG Solution
As the universe of environmental, social, and governance (ESG) exchange traded funds expands and more investors focus on sustainable strategies, more market participants are prioritizing cutting throu...
Private Equity Might Be Moving the ESG Reporting Needle
Over 70 private equity firms have signed an agreement to collect and report data on emissions, workplace fatalities, and gender diversity on the boards of companies contained in their portfolios. This...
State Street Debuts Trio Of ESG ETFs
The three index funds cover emerging markets, ex-U.S. developed markets and small caps.
State Street Unveils 3 New ESG Funds
State Street Global Advisors launched three new ESG-focused ETFs on the New York Stock Exchange today: the SPDR® S&P SmallCap 600 ESG ETF (ESIX), the SPDR Bloomberg SASB Developed Markets Ex US ESG Se...