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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. 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) applies the financial management standard of VFI (Vereniging van Fondsenwervende Instellingen - Fundraising Institutions Association) and bases the screening on the ten principles of the UN Global Compact as well as specific exclusions.
• On the Pool of Stocks resulting from above a ESG sustainability screening is applied based on indications from Vigeo EIRIS. In addition, there is also a second screening level based on Cluster Munition activities and the UNGC Scores, where the top 5 companies performing worst in terms of environment, human rights, labor rights and anticorruption are removed.
• 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 30 Sep 2020

    Total Constituents: 250
    Constituent Name
    Ticker
    Weightings (%)
    Tesla Motors Inc
    TSLA US
    1.45
    Shopify Inc - Class A
    SHOP US
    0.86
    Nvidia Corp
    NVDA US
    0.73
    Adyen Nv
    ADYEN NA
    0.71
    Lowe's Cos Inc
    LOW US
    0.65
    Dsv A/S
    DSV DC
    0.62
    Nhn Corp
    035420 KS
    0.62
    Infineon Technologies Ag
    IFX GR
    0.61
    Cap Gemini
    CAP FP
    0.61
    Deutsche Post Ag-Reg
    DPW GR
    0.60
    Top 10 Total (%) 7.46
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.

    Index Country Weightings (%) as of 30 Sep 2020

    • Country

      Weightings (%)
    • United States

      37.7
    • Japan

      18.1
    • United Kingdom

      6.2
    • Germany

      5.7
    • France

      5.1
    • Australia

      3.6
    • Switzerland

      3.6
    • Canada

      3.3
    • Netherlands

      2.8
    • Hong Kong

      1.9
    • South Korea

      1.7
    • Denmark

      1.6
    • Spain

      1.4
    • China

      1.4
    • Finland

      1.3
    • Sweden

      1.3
    • Singapore

      1.0
    • Ireland

      0.8
    • Italy

      0.7
    • Norway

      0.4
    • Belgium

      0.4

    Index Sector Weightings (%) as of 30 Sep 2020

    • Sector

      Weightings (%)
    • Financials

      20.5
    • Information Technology

      19.0
    • Health Care

      15.8
    • Industrials

      12.6
    • Consumer Discretionary

      10.3
    • Communication Services

      7.8
    • Consumer Staples

      5.2
    • Real Estate

      4.1
    • Energy

      2.4
    • Materials

      1.4
    • Utilities

      0.8
    • OTHERS

      0.1

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