Photo by motioncenter
 

Launched in 2021, the S&P/BMV IPC CompMx Trailing Income Equities ESG Tilted Index tracks the performance of constituents in the S&P/BMV IPC CompMx Trailing Income Equities Index, which is designed to measure the performance of large and liquid stocks listed on the BMV that have paid an average dividend greater than zero over the past five years. Constituents of the ESG tilted index must meet sustainability criteria, and the index attempts to improve the overall S&P Global ESG Score of the underlying index by over- or under-weighting components based on their S&P Global ESG Scores.¹
 

(Click on image to enlarge)

Although the index underperformed its underlying benchmark, the S&P/BMV IPC CompMx Trailing Income Equities Index, by a cumulative 7.5% since its launch, it consistently outperformed the S&P/BMV IPC—Mexico’s broad equity benchmark—every calendar year, as demonstrated in Exhibit 2.
 

(Click on image to enlarge)

Since its launch in August 2021, the S&P/BMV IPC CompMx Trailing Income Equities ESG Tilted Index outperformed the S&P/BMV IPC by 2.5% by the end of 2021. This trend continued in the following years, with the index surpassing the S&P/BMV IPC by 3.6%, 3.4% and 7.8% in 2022, 2023 and 2024, respectively. As of Feb. 28, 2025, its YTD performance matched that of the S&P/BMV IPC, with a gain of 5.1%.

Additionally, the S&P/BMV IPC CompMx Trailing Income Equities ESG Tilted Index obtained an ESG score of 60, surpassing the score of 57 for both its underlying benchmark and the S&P/BMV IPC.

In summary, the S&P/BMV IPC CompMx Trailing Income Equities ESG Tilted Index has presented a blend of annual performance against Mexico’s leading market index, the S&P/BMV IPC, and a higher ESG score. This combination could be useful for those who are weighing both ESG and performance factors in their choices.

More By This Author: