Deutsche Börse has announced the listing of four new iShares equity index ETFs from BlackRock on Xetra.
The first is the iShares Edge MSCI USA Size Factor UCITS ETF which provides investors with access to the performance of SMEs from the MSCI USA Index. All companies in the
Index are weighted equally. The iShares Edge MSCI USA Momentum Factor UCITS ETF
tracks the performance of SMEs and large companies from the MSCI USA Index that have recorded high share price movement and low volatility in the past six to 12 months.
The iShares Edge MSCI USA Quality Factor UCITS enables investors to participate in the performance of SMEs and large companies from the MSCI USA Index that exhibit a healthy balance sheet structure and stable earnings.
The exchange writes that the reference index comprises companies with high return on equity, stable earnings growth and a low level of debt.
The fourth ETF is the iShares Edge MSCI USA Value Factor UCITS ETF which provides access to the performance of SMEs and large companies from the MSCI USA Index that are deemed undervalued based on their fundamentals. Companies are selected based on
The following criteria: price-earnings ratio, price-to-book ratio, and ratio of company value to operating income (cash flow).