JUST ETF tracks a Russell 1000-based ESG index, offering exposure to large-cap U.S. stocks with a focus on ethical business behavior. Performance, risk, and fundamentals closely mirror the parent index, making JUST a viable alternative for investors prioritizing ethics without sacrificing returns. JUST ranks mid-pack among large-cap ESG ETFs, trailing at least two of them in recent performance, fees, and trading volume.
| XBER Exchange | US Country |
The fund aims to fulfill its investment goal by primarily allocating at least 80% of its assets towards securities that are part of its underlying index, including depositary receipts that represent securities of the index and underlying stocks for such depositary receipts. Significantly, the underlying index is curated to offer exposure to the equity securities of large capitalization U.S. companies that are recognized for their "just business behavior". This involves adherence to ethical, social, and governance (ESG) criteria as determined by the index provider's rankings. The focus on just business behavior underscores a commitment to investing in companies that not only lead in financial performance but also in positive social outcomes.
Investing in equity securities of large capitalization U.S. issuers forms the core offering of the fund. This service targets investors looking to diversify their portfolio by gaining exposure to companies that are not only financially robust but also demonstrate responsible business practices. The investment in equity securities is grounded in rigorous analysis to ensure alignment with the fund's ethical and governance standards.
The fund also specializes in investing in depositary receipts that represent securities included in its underlying index. These instruments allow investors to hold shares in equity of foreign companies as if they were stocks listed on U.S. exchanges, providing a global dimension to the portfolio. This service is particularly vital for those looking to diversify internationally with an emphasis on just business practices.