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IndexIQ launches 2 ESG ETFs with CANDRIAM

IndexIQ Inc. launched two exchange-traded funds, the IQ Candriam ESG US Equity ETF and the IQ Candriam ESG International Equity ETF.

The ETFs track indexes offering broad market exposure to large-cap and medium-cap companies that satisfy environmental, social and governance criteria developed by Conviction and Responsibility in Asset Management, or CANDRIAM.

The new funds track the IQ Candriam ESG U.S. Equity Index and the IQ Candriam ESG International Equity Index of IndexIQ.

IndexIQ is a New York Life Investments company providing ETFs. CANDRIAM is a New York Life Investments boutique and global multispecialist asset manager.