Why does x-trackers MSCI Emerging Markets ESG UCITS ETF (XDEX) outperform an emerging markets index?
in Savings & investments
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Can anyone throw some light onto why XDEX has massively outperformed the emerging markets index over the last five years, gaining 43.55% compared to, say, Fidelity Index Emerging Markets' 7.94%? The ESG screen does not seem to affect the top ten holdings much; most are the same even if the ETF holds a slightly larger amount of the top few holdings.
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