RAFE

PIMCO RAFI ESG U.S. ETF

$40.95

+0.00%

Market closed. Last update: 12:26 PM ET

📎 Investment Objective

The PIMCO RAFI ESG U.S. ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the RAFI ESG US Index.

Overview

ETF tracking PIMCO RAFI ESG U.S. ETF

Category ESG

Issuer Other

Inception Date 2019-12-19

Market Cap $106.5M

Average Volume N/A

Dividend Yield 1.71%

52-Week Range $32.04 - $41.74

VWAP $41.07

Performance

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Investment Summary

📎 Investment Objective

The PIMCO RAFI ESG U.S. ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the RAFI ESG US Index.

🎯 Investment Strategy

The fund invests in a portfolio of U.S. equity securities that are selected and weighted based on their fundamental characteristics rather than market capitalization. The index also incorporates environmental, social, and governance (ESG) criteria to tilt the portfolio towards companies with stronger ESG profiles.

✨ Key Features

Fundamental index-based approach that weights companies based on measures like sales, cash flow, and dividends rather than market cap
Incorporates ESG screening to overweight companies with higher ESG ratings
Aims to provide broad exposure to the U.S. equity market with a tilt towards companies with favorable ESG characteristics
Low expense ratio of 0.00%

⚠️ Primary Risks

Equity market risk - the value of the fund's holdings may decline due to overall stock market conditions
ESG investment risk - the fund's ESG criteria may exclude certain companies or industries, which could underperform the broader market
Concentration risk - the fund may be more heavily weighted in certain sectors or industries
Tracking error risk - the fund may not perfectly track its underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking broad exposure to the U.S. equity market with a tilt towards companies with stronger ESG profiles. It could be a core holding in a diversified portfolio, particularly for investors with an interest in sustainable investing.