ETHO

Amplify Etho Climate Leadership U.S. ETF

$63.53
+0.00%
Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Amplify Etho Climate Leadership U.S. ETF (ETHO) seeks to track the performance of the Etho Climate Leadership Index, which is designed to provide exposure to U.S. companies that are climate leaders within their sectors.

Overview

ETF tracking Amplify Etho Climate Leadership U.S. ETF

Category Other
Issuer Other
Inception Date 2024-01-29
Market Cap $158.8M
Average Volume N/A
Dividend Yield 0.23%
52-Week Range $47.91 - $65.42
VWAP $63.51

Performance

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Investment Summary

📎 Investment Objective

The Amplify Etho Climate Leadership U.S. ETF (ETHO) seeks to track the performance of the Etho Climate Leadership Index, which is designed to provide exposure to U.S. companies that are climate leaders within their sectors.

🎯 Investment Strategy

The fund invests in a portfolio of stocks that are constituents of the Etho Climate Leadership Index. The index selects companies based on their climate leadership, environmental impact, and sustainability practices.

✨ Key Features

  • Focuses on U.S. companies that are climate leaders in their respective industries
  • Seeks to provide exposure to companies with strong environmental, social, and governance (ESG) practices
  • Passively managed to track the Etho Climate Leadership Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector or theme
  • Potential for underperformance compared to the broader market if climate leadership companies underperform
  • Liquidity risk due to the fund's small asset size
  • Tracking error risk as the fund may not perfectly replicate the index performance

👤 Best For

This ETF may be suitable for investors seeking exposure to U.S. companies with strong environmental and sustainability practices, and who are willing to accept the risks associated with a thematic and concentrated investment strategy.