Xtrackers MSCI USA Selection Equity ETF (USSG) Stock Price, Quote, News & History | Benzinga

The fund, using a passive or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the MSCI USA ESG Leaders Index (the Underlying Index), which is a capitalization weighted index that provides exposure to companies with high environmental, social and governance (ESG) performance relative to their sector peers. The Underlying Index consists of large- and medium-capitalization companies in the US market. Under normal circumstances, the annual review of the Underlying Index takes place in May, and it is reconstituted and rebalanced at that time. It is also rebalanced in August, November and February. At each quarterly rebalancing, constituents are dropped if they no longer meet eligibility criteria, but are added to a sector only as needed to meet the market capitalization coverage target of 50 percent. The fund rebalances its portfolio in accordance with the Underlying Index, and, therefore, any changes to the Underlying Indexs review and rebalance schedule will result in corresponding changes to the funds rebalance schedule.