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TSWE
VanEck Vectors Sustainable World Equal Weight UCITS ETF

Index Description

The Solactive Sustainable World Equity Index tracks the performance of a selection of the top 250 shares from global developed markets which have been screened according to sustainability criteria set by the renowned sustainability research firm VigeoEIRIS now part of Moody’s ESG Solutions. The screening is based on the ten principles of the UN Global Compact, complemented with specific exclusions. The equity universe of the underlying index consists of all developed countries in North America, Europe and Asia.

Index Key Points

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 Welfare, Military, Weapons, Gambling, Pornography, Tobacco, Nuclear power.
  • The index is reviewed annually on the fourth Tuesday of March.

 

Index Provider

Solactive

 

Download Index Methodology

Index Information

  • Index Provider

    Solactive
  • Index Type

    Total Return
  • Currency

    EUR
  • Inception Date

    22 Apr 2013
  • Reconstitution Frequency

    Annually
  • Bloomberg Ticker

    TTMTTSWE
  • Reuters Ticker

    .TSWE

Index Top 10 Constituents (%) as of 31 Dec 2021

Total Constituents: 253
Constituent Name
Ticker
Weightings (%)
Nvidia Corp
NVDA US
0.80
Advanced Micro Devices
AMD US
0.63
Cellnex Telecom Sau
CLNX SM
0.63
Costco Wholesale Corp
COST US
0.62
Intuit Inc
INTU US
0.58
Prologis Inc
PLD US
0.58
Zoetis Inc
ZTS US
0.57
Tesla Inc
TSLA US
0.57
Accenture Plc-Cl A
ACN US
0.56
Novo Nordisk A/S-B
NOVOB DC
0.56
Top 10 Total (%) 6.10
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 31 Dec 2021

  • Country

    Weightings (%)
  • United States

    39.7
  • Japan

    14.6
  • United Kingdom

    6.8
  • France

    5.3
  • Switzerland

    5.0
  • Germany

    4.1
  • Australia

    4.0
  • Netherlands

    2.8
  • Spain

    2.3
  • Canada

    2.1
  • South Korea

    1.9
  • Finland

    1.7
  • Denmark

    1.6
  • Hong Kong

    1.6
  • Singapore

    1.5
  • China

    1.3
  • Sweden

    1.2
  • Italy

    0.8
  • Ireland

    0.8
  • Norway

    0.5
  • Belgium

    0.4

Index Sector Weightings (%) as of 31 Dec 2021

  • Sector

    Weightings (%)
  • Information Technology

    20.6
  • Financials

    19.5
  • Health Care

    16.0
  • Industrials

    12.4
  • Consumer Discretionary

    9.1
  • Communication Services

    7.7
  • Consumer Staples

    6.2
  • Real Estate

    4.1
  • Materials

    2.1
  • Utilities

    1.1
  • Energy

    0.9
  • OTHERS

    0.1