ETHO™ selects equities based primarily on an assessment of an equity’s carbon footprint.
- First broad based, diversified, socially responsible and fossil free ETF that doesn’t have exposure to the traditional energy sector.1
- Uses a 5-level screening/weighting process to put emphasis on companies that are not only socially responsible and meet ESG guidelines but also have strong operational efficiency against their less sustainable peers.
- System of stock selection pioneered by a Stanford environmental science lecturer.
About the Fund
ETHO™ is the first diversified index ETF that avoids fossil fuel companies and the first public investment product to select equities based primarily on an assessment of
an equity’s carbon footprint. The ETHO™ ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Etho Climate Leadership Index™ (ECLI™), a broad-based index of publicly traded U.S. companies that are, on average, more climate efficient than their industry peers.
About the Index
To build the ETHO™, Etho Capital uses a positive selection methodology to review nearly 6,000 of the most commonly traded public companies and identify the most carbon efficient climate leaders in each industry. Using climate performance data from Trucost, Etho Capital ranks almost all public companies by carbon emissions per dollar invested and selects equities that are 50% more carbon efficient than their industry average into the ETHO’s holdings. All fossil fuel, tobacco, weapons and gambling companies are eliminated from the index. Finally, a screen is conducted based on environmental, social and governance performance data with expertise from NGO partners and input from global stakeholders.
- ETFMG/Etho Capital research.
Solactive has become one of the key players in the indexing space. The German multi asset class provider is focusing on tailor-made indices; developing, calculating and distributing them worldwide. Offering to its clients a faster service, with great flexibility and at a reasonable cost has allowed Solactive to become one of the fastest growing index providers over the past few years.
For more information, visit solactive.com
Last Updated 8/8/2020
Etho Climate Leadership U.S. ETF
Market Price Changes
Market Price Close
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Month End Performance
Last Updated 07/31/2020
|Since Inception Cumulative||81.37||81.02|
|Since Inception Annualized||13.50||13.45|
Quarter End Performance
Last Updated 06/30/2020
|Since Inception Cumulative||71.67||71.77|
|Since Inception Annualized||12.42||12.43|
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).
Top 10 Holdings
Last Updated 8/8/2020
|Name||% Total Assets||Ticker||Shares Held||Market Value USD|
|GENMARK DIAGNOSTICS INC||1.09%||GNMK||59,996||$970,735.28|
|PAYPAL HLDGS INC||0.58%||PYPL||2,582||$512,862.66|
|FIRST SOLAR INC||0.56%||FSLR||6,855||$499,935.15|
|BEYOND MEAT INC||0.55%||BYND||3,711||$488,033.61|
Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.Premium Discount Chart