Morgan Stanley ETF Trust - Calvert US Large-Cap Diversity Equity and Inclusion Index ETF (CDEI)

Overview

The Calvert US Large-Cap Diversity Equity and Inclusion Index ETF (CDIV) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Calvert US Large-Cap Diversity Equity and Inclusion Index. It focuses on large-cap U.S. companies that exhibit leadership in diversity, equity, and inclusion (DEI). The fund uses a passive management investment strategy.

Reputation and Reliability

Morgan Stanley is a well-established financial institution with a strong reputation. Its ETF offerings are generally considered reliable.

Management Expertise

Morgan Stanley Investment Management has significant experience in managing ETFs and other investment products.

Goal

To track the investment results of the Calvert US Large-Cap Diversity Equity and Inclusion Index.

Investment Approach and Strategy

Strategy: The ETF aims to track a specific index related to DEI.

Composition The ETF primarily holds stocks of large-cap U.S. companies selected for their DEI characteristics.

Market Share: Data not readily available; market share for DEI-focused ETFs is still emerging.

Total Net Assets (AUM): 36415274.0

Key Competitors

• NACP US Equity ETF (NACP)
• Impact Shares NAACP Minority Empowerment ETF (NACP)
• SPDR S&P 500 ETF Trust (SPY)

Competitive Landscape

The competitive landscape includes broad market ETFs like SPY and other DEI-focused ETFs. CDIV's advantage lies in its specific DEI index. A disadvantage is its relatively small AUM compared to larger competitors.

Historical Performance: Limited historical data due to the ETF's recent inception.

Benchmark Comparison: Performance should be compared to the Calvert US Large-Cap Diversity Equity and Inclusion Index; data currently unavailable.

Expense Ratio: 0.29

Average Trading Volume

The average trading volume is moderate for this ETF.

Bid-Ask Spread

The bid-ask spread is typically small, indicating good liquidity.

Market Environment Factors

Economic indicators, social trends favoring DEI, and overall market conditions influence the ETF's performance.

Growth Trajectory

Growth depends on investor interest in DEI-focused investments and the ETF's ability to track its index effectively.

Competitive Edge

CDIV's competitive edge resides in its specific focus on companies demonstrating leadership in diversity, equity, and inclusion as defined by the Calvert US Large-Cap Diversity Equity and Inclusion Index. This strategy attracts investors who prioritize socially responsible investing and DEI criteria. It provides a focused exposure to companies that are actively promoting DEI, potentially aligning with values-based investing and driving long-term returns.

Volatility

Volatility is expected to be similar to other large-cap equity ETFs.

Market Risk

Market risk is inherent in equity investments; the fund is susceptible to broad market downturns and sector-specific risks.

Ideal Investor Profile

Investors interested in socially responsible investing, particularly those prioritizing diversity, equity, and inclusion.

Market Risk

Suitable for long-term investors who align with DEI values.

The Calvert US Large-Cap Diversity Equity and Inclusion Index ETF (CDIV) offers exposure to large-cap U.S. companies that demonstrate strong commitments to diversity, equity, and inclusion. Its performance is tied to the Calvert US Large-Cap Diversity Equity and Inclusion Index. It has a moderate expense ratio, and appeals to investors seeking socially responsible investments. While its AUM is relatively small, Morgan Stanley's backing offers stability and the ETF may see growth as DEI investing gains traction.

Data Sources:

• Morgan Stanley Investment Management Website
• ETF.com
• Yahoo Finance

Disclaimers:

Data is based on available information and may not be comprehensive. Investment decisions should be made after consulting with a financial advisor.