Morgan Stanley Etf Trust - Calvert Us Select Equity Etf (CVSE)

Overview

The Calvert US Select Equity ETF (CVSE) seeks long-term capital appreciation by investing in a diversified portfolio of U.S. companies that demonstrate positive environmental, social, and governance (ESG) characteristics. It focuses on large- and mid-cap stocks, emphasizing companies with strong sustainability profiles and financial performance. The investment strategy integrates ESG factors into the stock selection process.

Reputation and Reliability

Morgan Stanley is a well-established global financial services firm with a strong reputation and a long track record in asset management. Their ETFs are generally considered reliable investment vehicles.

Management Expertise

Morgan Stanley Investment Management has a team of experienced investment professionals dedicated to ESG investing and portfolio management.

Goal

To seek long-term capital appreciation.

Investment Approach and Strategy

Strategy: The ETF employs an active investment strategy focusing on U.S. companies exhibiting strong ESG characteristics. It does not track a specific index but uses a proprietary scoring system to identify and select companies.

Composition The ETF primarily holds stocks of large- and mid-cap U.S. companies. It may also hold cash or cash equivalents.

Market Share: Data not readily available to calculate market share precisely.

Total Net Assets (AUM): 77800000

Key Competitors

• Xtrackers S&P 500 ESG ETF (SNPE)
• iShares ESG Aware MSCI USA ETF (ESGU)
• Vanguard ESG U.S. Stock ETF (ESGV)

Competitive Landscape

The ESG ETF market is highly competitive, with numerous funds vying for investor attention. CVSE differentiates itself through its active management and proprietary ESG scoring system. However, larger, passively managed ESG ETFs often have lower expense ratios and greater AUM, creating a competitive disadvantage.

Historical Performance: Data not readily available in structured array format

Benchmark Comparison: Data not readily available in structured array format

Expense Ratio: 0.32

Average Trading Volume

CVSE's average trading volume can vary, influencing how easily large buy or sell orders can be executed.

Bid-Ask Spread

The bid-ask spread represents the difference between the highest price a buyer is willing to pay and the lowest price a seller will accept, impacting trading costs.

Market Environment Factors

Economic indicators, sector growth prospects, and market conditions influence investor sentiment toward ESG investing and affect CVSE's performance.

Growth Trajectory

Growth depends on increasing investor interest in ESG and the ETF's ability to deliver competitive returns through its active management strategy.

Competitive Edge

CVSE's competitive edge lies in its active management approach and proprietary ESG scoring system, which aims to identify companies with strong sustainability profiles and financial performance. This approach allows for flexibility in stock selection and the potential to outperform passively managed ESG ETFs. However, active management also entails higher fees, which could offset potential outperformance. The ETF's focus on select companies, and its active investment process, provide differentiation but require careful monitoring.

Volatility

Data not readily available to calculate historical volatility precisely.

Market Risk

CVSE is subject to market risk, including fluctuations in stock prices and economic downturns, particularly affecting companies within its sector focus. ESG investments, while generally considered less risky in the long term, may still experience volatility.

Ideal Investor Profile

The ideal investor for CVSE is one who seeks long-term capital appreciation and prioritizes ESG factors in their investment decisions. They should be comfortable with the higher fees associated with active management and willing to accept potential short-term volatility.

Market Risk

CVSE is best suited for long-term investors who are looking for a socially responsible investment option.

The Calvert US Select Equity ETF (CVSE) is an actively managed ESG ETF that invests in U.S. companies demonstrating strong environmental, social, and governance characteristics. Its active management approach and proprietary ESG scoring system differentiate it from passively managed ESG ETFs. However, its higher expense ratio may be a drawback for some investors. It's suitable for long-term investors seeking capital appreciation while aligning their investments with ESG principles.

Data Sources:

• Morningstar
• ETF.com
• Company Fact Sheets

Disclaimers:

The data provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor.