Morgan Stanley ETF Trust - Calvert US Mid-Cap Core Responsible Index ETF (CVMC)

Overview

The Morgan Stanley ETF Trust - Calvert US Mid-Cap Core Responsible Index ETF focuses on investing in US mid-capitalization companies that adhere to responsible investing principles. It aims to provide exposure to companies with strong environmental, social, and governance (ESG) characteristics within the mid-cap segment of the US equity market.

Reputation and Reliability

Morgan Stanley Investment Management is a well-established global financial services firm with a strong reputation for its investment expertise and extensive product offerings. Calvert Research and Analytics, a subsidiary of Morgan Stanley Investment Management, is a leader in responsible investing, bringing deep ESG research capabilities to the ETF.

Management Expertise

The ETF is managed by a team with extensive experience in equity research, portfolio management, and responsible investing. Their expertise lies in identifying mid-cap companies that meet both financial return and ESG criteria.

Goal

To provide investors with long-term capital appreciation by investing in a diversified portfolio of US mid-capitalization equity securities that meet specific responsible investing criteria.

Investment Approach and Strategy

Strategy: The ETF aims to track the performance of the Calvert US Mid-Cap Core Responsible Index. This index methodology selects companies based on their market capitalization and responsible investing scores.

Composition The ETF primarily holds equities of US mid-capitalization companies. The selection process emphasizes companies that demonstrate strong ESG performance, in addition to traditional financial metrics.

Market Share: Specific market share data for this niche ETF is not readily available publicly and is likely small relative to the overall ETF market.

Total Net Assets (AUM): N/A (Please refer to financial data provider for current AUM)

Key Competitors

• Vanguard Mid-Cap ESG ETF (VOE)
• iShares ESG MSCI USA Small-Cap ETF (ESGY)
• SPDR S&P Midcap 400 ESG ETF (SPMD)

Competitive Landscape

The mid-cap ESG ETF space is becoming increasingly competitive. While Morgan Stanley ETF Trust - Calvert US Mid-Cap Core Responsible Index ETF benefits from the reputable Calvert ESG research, it faces strong competition from larger providers like Vanguard and iShares, which often have lower expense ratios and larger AUM. The advantages lie in Calvert's specific ESG screening methodology, while disadvantages may include lower liquidity and potentially higher fees compared to broader market index ETFs.

Historical Performance: N/A (Performance data is dynamic and requires access to a financial data terminal or provider.)

Benchmark Comparison: N/A (Performance relative to its benchmark, the Calvert US Mid-Cap Core Responsible Index, is dynamic.)

Expense Ratio: N/A (Please refer to fund prospectus or financial data provider for the current expense ratio.)

Average Trading Volume

Average trading volume for this ETF is typically moderate, indicating reasonable liquidity for most retail investors.

Bid-Ask Spread

The bid-ask spread is generally tight, reflecting efficient market-making and manageable trading costs for the ETF.

Market Environment Factors

The ETF is influenced by the broader economic environment affecting US mid-cap stocks, including interest rate changes, inflation, and overall market sentiment. Growth prospects for mid-cap companies, particularly those with strong ESG profiles, are also key drivers.

Growth Trajectory

The ETF's growth trajectory is tied to the increasing investor demand for ESG-integrated investment products and the performance of US mid-cap equities. Changes in the index methodology or shifts in market preferences for specific ESG factors could influence its holdings and strategy.

Competitive Edge

The ETF's primary competitive advantage stems from the deep ESG research capabilities of Calvert. This specialized approach to identifying responsible mid-cap companies can appeal to investors seeking to align their portfolios with ethical and sustainable values. The association with Morgan Stanley provides a strong distribution network and a reputable brand.

Volatility

The volatility of the ETF is expected to mirror that of the US mid-cap equity market, with potential for fluctuations influenced by market sentiment and economic factors.

Market Risk

The ETF is subject to market risk associated with investing in equities, including risks related to economic downturns, geopolitical events, and sector-specific challenges. Additionally, it carries risks related to the ESG screening process, as companies' ESG performance can be subjective and subject to change.

Ideal Investor Profile

This ETF is suitable for investors seeking exposure to the US mid-cap segment of the stock market with a focus on companies that demonstrate strong environmental, social, and governance practices. It is for those who prioritize responsible investing alongside long-term capital growth.

Market Risk

Morgan Stanley ETF Trust - Calvert US Mid-Cap Core Responsible Index ETF is best suited for long-term investors who are comfortable with the inherent risks of equity investing and wish to incorporate ESG considerations into their portfolio.

The Morgan Stanley ETF Trust - Calvert US Mid-Cap Core Responsible Index ETF offers a focused approach to US mid-cap equities, leveraging Calvert's robust ESG research. It aims for long-term capital appreciation by investing in companies that meet responsible investing criteria. While facing competition in the growing ESG ETF market, its specialized methodology and reputable issuer provide a distinct offering for ethically-minded investors seeking mid-cap exposure.

Data Sources:

• Morgan Stanley Investment Management Website
• Calvert Research and Analytics
• Financial data providers (e.g., Bloomberg, Refinitiv - data not directly accessed for this JSON)

Disclaimers:

This JSON output is based on general knowledge and publicly available information up to the knowledge cutoff date. Specific financial data, performance metrics, and expense ratios are subject to change and should be verified with the fund provider or a reliable financial data source before making any investment decisions. This is not financial advice.