TSWE

VanEck Sustainable World Equal Weight UCITS ETF

Underlying Index
Solactive Sustainable World Equity Index GTR (TTMTTSWE)

Index composition
The index has the followings specifications:

• The index tracks the performance of a selection of the top 250 shares from global developed markets (North America, Europe and Asia) which have been screened according to sustainability criteria’s set by EIRIS. The selection model filters the shares according to a liquidity threshold of EUR 50 million 6-month ADV and includes subsequently the top ranked shares based on free-float adjusted market capitalization. It is an equally weighted index.
  
  

Starting with a FactSet Universal Screening:

• Screen for securities that have a primary listing in one of the following countries: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland, United Kingdom and United States.
• Filter out any shares which are not ordinary, preferred or Depositary Receipts.
• Filter out any Limited Partnerships.
• Remove all securities with a 6-month ADV (as sourced from FactSet) below EUR 50 million.
• Remove any security primary listed in Hong Kong and which derives more than 75% of its revenues outside the 24 countries mentioned above.
• For each company keep only the most liquid share line and most liquid listing.
• The renowned sustainability research firm Vigeo Eiris (Ethical Investment Research Information Service, www.vigeo-eiris.com), acquired by Moody’s in April 2019, applies on top of this process an ESG screening based on the ten principles of the UN Global Compact as well as specific exclusions related to controversial sectors. Here is a list –non exhaustive- of some of the controversial sectors, when going beyond defined thresholds, that are removed from the index composition: Alcohol, Animal testing, Military, Weapons, Gambling, Pornography, Tobacco, Nuclear power.
• The index is reviewed annually on the fourth Tuesday of March.

Index Provider

Download Index Methodology