ESG Stock Summary and Trading Ideas (Flexshares Stoxx US Esg Select | BATS:ESG)

The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the STOXX USA ESG Select KPIs Index (Underlying Index). The STOXX USA ESG Select KPIs Index offers exposure to a set of U.S. companies that is tilted towards companies scoring better with respect to a select set of environmental, social, and governance (ESG) key performance indicators (KPIs). Eligible U.S. securities are selected from the STOXX Global 1800 Index. The bottom 50% of such companies based on their ESG KPI scores are excluded from the Index, as are companies that do not adhere to the UN Global compact principles, are involved in controversial weapons or are coal miners (ICB Subsector 1771). Components are then weighted by free-float market cap combined with a cap factor that is based on a company s aggregate ESG KPI score. Component weightings may also be adjusted to ensure that the weight of a single company is less than 5% at time of each index rebalancing or reconstitution.

Flexshares Stoxx US Esg Select trades on the BATS stock market under the symbol ESG.

As of April 19, 2024, ESG stock price climbed to $120.30 with 5,983 million shares trading.

ESG has a market cap of $192.48 million. This is considered a Micro Cap stock.

In the last 3 years, ESG stock traded as high as $126.68 and as low as $84.89.

ESG has underperformed the market in the last year with a return of +20.7%, while the SPY ETF gained +21.3%. In the last 3 month period, ESG fell short of the market, returning +4.0%, while SPY returned +4.4%. However, in the most recent 2 weeks ESG has outperformed the stock market by returning -3.1%, while SPY returned -3.4%.

ESG support price is $119.29 and resistance is $121.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ESG stock will trade within this expected range on the day.