DWS Launches Nordic Paris-Aligned UCITS ETF

DWS has added a new ETF to its Paris-Aligned Benchmark (PAB) climate range. The Xtrackers Nordic Net Zero Pathway Paris Aligned UCITS ETF, listed on the Deutsche Boerse, tracks the Solactive ISS ESG Nordic Investable Universe Net Zero Pathway index of 180 companies. The ETF has a 45.6% weighting to Sweden, 33% to Denmark, 12.7% to Finland and 8.7% to Norway. The index targets an initial decarbonisation of 50% and an annual decarbonisation target of 7%, while applying a six-month liquidity screen and excluding companies involved in business activities including controversial weapons, firearms, tobacco, nuclear weapons and fossil fuels.

ETF Newz Says:

The ETF is classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR).

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

BlackRock Introduces TIPS ETF Suite to iShares iBonds Lineup

BlackRock, a global investment management corporation, has expanded its iShares iBonds ETF offerings with the introduction of the...

Grayscale Takes a Bold Step with Ethereum Futures ETF Filing

Grayscale Investments, a leading crypto asset management firm, has submitted a filing for a new ETF focused on...

SEC Under Scrutiny Over U.S. Spot Bitcoin ETFs Decision

The U.S. Securities and Exchange Commission (SEC) faces criticism from a U.S. appeals court over its decision-making process...

Grayscale Continues Efforts To Launch Ethereum ETF

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG), is making significant strides by applying for an...