CCSB

Carbon Collective Short Duration Green Bond ETF

$20.19
+0.00%
Market closed. Last update: 10:53 PM ET

📎 Investment Objective

The Carbon Collective Short Duration Green Bond ETF (CCSB) seeks to provide investment results that correspond generally to the performance of the Carbon Collective Short Duration Green Bond Index, which tracks the investment-grade, short-duration green bond market.

Overview

ETF tracking Carbon Collective Short Duration Green Bond ETF

Issuer Other
Inception Date 2024-04-12
Market Cap $21.0M
Average Volume N/A
Dividend Yield 3.74%
52-Week Range $20.13 - $23.36
VWAP $20.19

Performance

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Investment Summary

📎 Investment Objective

The Carbon Collective Short Duration Green Bond ETF (CCSB) seeks to provide investment results that correspond generally to the performance of the Carbon Collective Short Duration Green Bond Index, which tracks the investment-grade, short-duration green bond market.

🎯 Investment Strategy

The ETF invests primarily in short-term, investment-grade green bonds issued by corporations, governments, and other entities to finance environmentally-friendly projects. The fund's portfolio is designed to have a similar duration and credit quality profile as the underlying index.

✨ Key Features

  • Focuses on short-duration green bonds to provide lower interest rate sensitivity
  • Tracks an index of investment-grade green bonds, providing exposure to the green bond market
  • Low expense ratio of 0.00%
  • Relatively small fund size with $0 in assets under management

⚠️ Primary Risks

  • Interest rate risk: The fund's bond holdings are subject to fluctuations in interest rates, which can affect their prices and the fund's net asset value
  • Credit risk: The fund is exposed to the risk of default or deterioration in credit quality of the underlying green bonds
  • Liquidity risk: The green bond market may have lower trading volume and liquidity compared to the broader bond market
  • Concentration risk: The fund's focus on green bonds may result in higher concentration in certain sectors or issuers

👤 Best For

This ETF may be suitable for investors seeking exposure to the green bond market with lower interest rate sensitivity, as part of a diversified fixed income allocation. Investors should have a medium-term investment horizon and be comfortable with the risks associated with investing in short-duration bonds.