XLBT - Developed ex-U.S. Low Beta ETF Profile
XLBT Tracks This Index: Russell-Axioma Developed ex-U.S. Large Cap Low Beta Index
Description: The index is designed to deliver exposure to stocks that have low predicted betas as determined by a screening and ranking methodology applied to the output of the Axioma AX-WW 2.1 World-Wide ex-USA Equity Factor Risk Model. Beta is a measure of the sensitivity of a stock's price to a change in the broad market price level, as represented by the Russell Developed ex-U.S. Large Cap Index (an index comprised of developed ex-U.S. large capitalization stocks). Low beta stocks are considered to have a lower risk profile than the overall market and can be used by investors to adjust beta exposure in a portfolio.
Description: The index is designed to deliver exposure to stocks that have low predicted betas as determined by a screening and ranking methodology applied to the output of the Axioma AX-WW 2.1 World-Wide ex-USA Equity Factor Risk Model. Beta is a measure of the sensitivity of a stock's price to a change in the broad market price level, as represented by the Russell Developed ex-U.S. Large Cap Index (an index comprised of developed ex-U.S. large capitalization stocks). Low beta stocks are considered to have a lower risk profile than the overall market and can be used by investors to adjust beta exposure in a portfolio.
- Issuer: Russell
- Structure: ETF
- Expense Ratio: 0.25%
- ETFdb Category: Foreign Large Cap Equities
- ETF Home Page: XLBT
- Inception: 2011-11-02
- Tax Form: 1099
Summary Data For XLBT
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