(XDDX) Xtrackers DAX ESG Screened - Ratings and Ratios

The Xtrackers DAX ESG Screened UCITS ETF1D (XETRA:XDDX) is an exchange-traded fund that tracks the Morningstar Germany TME NR EUR index, providing investors with exposure to German equities while adhering to certain environmental, social, and governance (ESG) criteria. This ETF is categorized under Germany Equity and is listed on the XETRA exchange with the ticker symbol XDDX.

From a performance perspective, the ETF has shown a relatively stable trend, with its last price recorded at €152.80. The funds Assets Under Management (AUM) stand at €423.00 million, indicating a moderate level of investor interest. To further evaluate its performance, key metrics such as the ETFs tracking error, expense ratio, and dividend yield can be considered. A lower tracking error would indicate a closer alignment with the underlying index, while a lower expense ratio would suggest more cost-effective management. The dividend yield, on the other hand, can provide insights into the income generated by the ETF.

To assess the ETFs potential for future growth, an analysis of its underlying holdings and sector allocation can be conducted. The Morningstar Germany TME NR EUR index is likely to comprise a diversified mix of German stocks across various sectors, with a focus on ESG-compliant companies. Key Performance Indicators (KPIs) such as the price-to-earnings (P/E) ratio, return on equity (ROE), and beta can be used to evaluate the ETFs valuation, profitability, and volatility relative to the broader market.

Furthermore, the ESG screening process employed by the ETF involves excluding companies that fail to meet certain ESG criteria, which may result in a portfolio with a more favorable ESG profile compared to the broader German equity market. Investors can evaluate the ETFs ESG credentials by examining metrics such as its carbon footprint, ESG rating, and the percentage of sustainable investments. These metrics can provide valuable insights into the ETFs alignment with ESG principles and its potential to support sustainable investing goals.