(F500) Amundi SP500 ESG Acc EUR - Ratings and Ratios

Amundi S&P 500 ESG UCITS ETF Acc EUR (XETRA:F500) is an exchange-traded fund designed for investors seeking exposure to large-cap U.S. equities with an ESG focus. The fund is domiciled in Ireland, which offers a stable regulatory environment and tax efficiencies for European investors. It tracks the Morningstar US Large-Mid NR USD index, a benchmark that includes large and mid-capitalization U.S. companies selected based on environmental, social, and governance criteria.

The ETF has an AUM of 4291.32M EUR, making it a sizable fund with liquidity. It is listed on XETRA under the ticker symbol F500 and is categorized under US Large-Cap Blend Equity ETFs. The funds structure allows it to replicate the index through a combination of direct holdings and optimized sampling, depending on market conditions. Expense ratios are competitive, aligning with Amundis reputation for cost-effective ETF solutions.

One key aspect for investors to consider is the funds currency exposure. As the underlying index is denominated in USD, the ETF offers exposure to U.S. equities without currency hedging. This means investors are exposed to USD/EUR currency fluctuations, which can impact returns. For ESG-focused investors, the fund applies strict screening criteria to exclude companies involved in controversial activities, ensuring alignment with sustainability goals.

From a portfolio construction perspective, this ETF is suitable for investors looking to gain diversified exposure to U.S. large-cap equities while integrating ESG considerations. It is particularly appealing to European investors due to its UCITS compliance and EUR-denominated share class. However, potential investors should evaluate their own currency risk tolerance and consider whether hedging is necessary to align with their investment objectives.