Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF (CDEI) Fund Overview

Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF (CDEI) Financial Services Profile

Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF (CDEI) offers investors exposure to large-cap U.S. equities screened for diversity, equity, and inclusion (DEI) practices. As a non-diversified fund within the asset management sector, CDEI focuses on companies aligning with Calvert's responsible investment principles, providing a targeted approach to ESG-conscious investing.

What Is the Investment Thesis for CDEI?

CDEI presents an investment opportunity for those seeking exposure to large-cap U.S. equities with a focus on diversity, equity, and inclusion (DEI). The fund's alignment with Calvert's responsible investment principles offers a unique value proposition. However, its non-diversified nature introduces concentration risk, potentially leading to higher volatility compared to broader market ETFs. The fund's performance is directly tied to the underlying index, making it crucial to assess the index's construction and methodology. The fund's expense ratio and tracking error relative to the index are important factors to consider. The fund's focus on DEI may attract investors seeking socially responsible investments, but it's essential to evaluate whether the fund's performance aligns with broader market benchmarks. The fund's market capitalization of $0.03 billion indicates a relatively small size, which could impact liquidity and trading costs.

Based on FMP financials and quantitative analysis

CDEI Key Highlights

CDEI invests at least 80% of its net assets in securities included in the Calvert US Large-Cap Diversity, Equity and Inclusion Index.

• The fund's investment strategy aligns with the Calvert Principles for Responsible Investment, focusing on companies demonstrating commitment to DEI.
• CDEI is a non-diversified fund, which may result in higher concentration risk compared to diversified ETFs.
• The fund's objective is to track the performance of its underlying index, providing exposure to large-cap U.S. equities with strong DEI practices.
• CDEI's market cap is $0.03B, indicating a relatively small size which may affect liquidity.

Who Are CDEI's Competitors?

CDEI is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are CDEI's Key Strengths?

Focus on diversity, equity, and inclusion (DEI).

• Alignment with Calvert Principles for Responsible Investment.
• Growing demand for ESG-focused investments.

What Are CDEI's Weaknesses?

Non-diversified nature increases concentration risk.

• Relatively small market capitalization may impact liquidity.
• Performance is tied to the underlying index.

What Are the Key Risks for CDEI?

Concentration risk due to the fund's non-diversified nature.

• Market volatility impacting fund performance.
• Changes in the composition or methodology of the underlying index.
• Competition from other ESG-focused ETFs.

What Are CDEI's Competitive Advantages?

• Established brand reputation of Calvert in responsible investing.
• Focus on diversity, equity, and inclusion provides a unique investment proposition.
• Alignment with the Calvert Principles for Responsible Investment.

What Does CDEI Do?

Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF (CDEI) is designed to track the performance of the Calvert US Large-Cap Diversity, Equity and Inclusion Index. The fund operates under the premise of investing in companies that demonstrate a commitment to diversity, equity, and inclusion, aligning with the Calvert Principles for Responsible Investment. Founded on the principles of responsible investing, Calvert has a long history of integrating environmental, social, and governance (ESG) factors into its investment process. CDEI, as an ETF, offers investors a convenient way to access a portfolio of large-cap U.S. companies that meet specific DEI criteria. The fund invests at least 80% of its net assets in securities included in the underlying index. The index itself is composed of common stocks of large companies that operate their businesses in a manner consistent with the Calvert Principles for Responsible Investment. Being non-diversified, CDEI may have a higher degree of concentration risk, as its performance is closely tied to a smaller number of holdings compared to a diversified fund. CDEI's investment strategy focuses on companies that not only meet financial criteria but also demonstrate a commitment to fostering diverse and inclusive workplaces. This approach aims to capture potential long-term value creation associated with companies that prioritize DEI. The fund’s investment decisions are guided by Calvert's research and analysis, which incorporates ESG factors into the stock selection process. CDEI provides investors with a tool to align their investments with their values, specifically supporting companies that prioritize diversity, equity, and inclusion.

What Products and Services Does CDEI Offer?

• Invests in large-cap U.S. companies.
• Tracks the performance of the Calvert US Large-Cap Diversity, Equity and Inclusion Index.
• Focuses on companies that demonstrate a commitment to diversity, equity, and inclusion.
• Aligns investments with the Calvert Principles for Responsible Investment.
• Offers investors exposure to companies with strong ESG practices.
• Provides a way to invest in companies that prioritize DEI in their operations.

How Does CDEI Make Money?

• Generates revenue through management fees charged on assets under management (AUM).
• Attracts investors seeking exposure to large-cap U.S. equities with a DEI focus.
• Utilizes a passive investment strategy, tracking the performance of its underlying index.

What Industry Does CDEI Operate In?

CDEI operates within the asset management industry, specifically in the growing segment of ESG (Environmental, Social, and Governance) investing. The increasing demand for socially responsible investments has led to the proliferation of ETFs like CDEI, which focus on specific ESG factors such as diversity, equity, and inclusion. The competitive landscape includes both broad-based ESG ETFs and niche funds targeting specific social or environmental themes. The asset management industry is characterized by intense competition, with firms vying for market share by offering innovative investment products and strategies. Market trends indicate a continued shift towards sustainable and responsible investing, driven by both institutional and retail investors.

Who Are CDEI's Key Customers?

• Institutional investors seeking ESG-focused investments.
• Retail investors interested in socially responsible investing.
• Financial advisors looking to offer DEI-aligned investment options to their clients.

CDEI Financials

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CDEI Analyst Consensus

CDEI MoonshotScore

Calvert US Large-Cap Diversity, Equity And Inclusion Index ETF Financials Stock: Key Questions Answered

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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