Essential 40 Stock (ESN) ETF Holdings & Analysis

What ESN does

The ESN fund is an Exchange Traded Fund (ETF) designed to track the performance of a specific index comprising leading U.S. blue-chip corporations. While it primarily holds all 40 securities that constitute this underlying index, the fund maintains the flexibility to modify its holdings under certain predefined circumstances. A dedicated committee is responsible for selecting the companies included in the index. This selection process employs a qualitative methodology, focusing on identifying businesses of significant economic importance and stability across various critical sectors, such as technology, consumer goods, energy, and healthcare. The committee's goal is to ensure diverse representation by choosing firms considered vital to the nation's economy. During its annual rebalancing, ESN assigns an equal weighting to each constituent firm, ensuring uniform exposure across all components. However, the fund retains the ability to adjust these weightings throughout the year, allowing for strategic over- or underweighting of positions to optimize its alignment with the index's composition. Furthermore, ESN has the discretion to allocate up to 20 percent of its total assets to strategies involving S&P 500 futures and options. Notably, ESN recently transitioned from a mutual fund structure to an ETF, launching with $70 million in assets under management.

Fund profile

Top holdings

Geographic allocation

PortView Portfolio Insights

PortView analyzes how ESN fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Related securities

Related stocks

Frequently asked questions

What does ESN track?

ESN is the Essential 40 Stock ETF, a Other ETF.

What is the expense ratio of ESN?

Expense ratio data for ESN is shown on the page when available from our data provider.

What are the largest holdings in ESN?

Top holdings include INTC, MPC, PANW, XOM, JNJ.

How can PortView analyze ESN overlap with other ETFs?

PortView computes the holdings overlap between ESN and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.