New SPDR ETFs on Xetra: Companies with Steady Dividend Growth and ESG Filter
Three new exchange traded funds issued by State Street Global Advisors have been tradable on Xetra and Börse Frankfurt since Monday.
With the SPDR S&P Global Dividend Aristocrats ESG UCITS ETF (Dist), investors invest in a global portfolio of companies with consistent dividend growth and a good ESG profile. In addition to a high dividend yield, the companies must have consistently increased their dividends over the last 10 years. The weighting of a stock is capped at three per cent. The weighting of a sector is limited to 25 per cent.
With the SPDR S&P U.S. Dividend Aristocrats ESG UCITS ETF (Dist) and the SPDR S&P Euro Dividend Aristocrats ESG UCITS ETF (Dist), investors focus on companies from the USA and the Eurozone respectively, whereby US stocks have had to increase their dividends continuously over the last 20 years. The weighting of a stock is limited to a maximum of 4 per cent. For the European variant, there is a limit of 5 per cent at single stock level and a sector and country limit of 30 per cent.
In all three ETFs, companies with business activities in the arms, tobacco or thermal coal sectors are excluded from the index. The same applies to companies that violate the United Nations Global Compact.
| Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
| SPDR S&P Global Dividend Aristocrats ESG UCITS ETF (Dist) | Equity ETF | IE00BYTH5S21 | 0.45 per cent | Distributing | S&P Global ESG Dividend Aristocrats Quality Income Index |
| SPDR S&P U.S. Dividend Aristocrats ESG UCITS ETF (Dist) | Equity ETF | IE00BYTH5R14 | 0.35 per cent | Distributing | S&P ESG High Yield Dividend Aristocrats Index |
| SPDR S&P Euro Dividend Aristocrats ESG UCITS ETF (Dist) | Equity ETF | IE00BYTH5T38 | 0.30 per cent | Distributing | S&P Euro ESG High Yield Dividend Aristocrats Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,651 ETFs. With this selection and an average monthly trading volume of around €17.5 billion, Xetra is the leading trading venue for ETFs in Europe.