HEAT
Touchstone Climate Transition ETF
📎 Investment Objective
The Touchstone Climate Transition ETF (HEAT) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Climate Transition Index.
Overview
ETF tracking Touchstone Climate Transition ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Touchstone Climate Transition ETF (HEAT) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Climate Transition Index.
🎯 Investment Strategy
The ETF invests in a portfolio of securities that are components of the Nasdaq Climate Transition Index, which is designed to provide exposure to companies that are taking actions to reduce their carbon footprint and transition to a lower-carbon economy.
✨ Key Features
- Focuses on companies engaged in climate transition activities across various sectors
- Tracks the Nasdaq Climate Transition Index, which is designed to align with the goals of the Paris Agreement
- Employs an index-based, passively managed investment approach
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the ETF's investments may decline due to general market conditions or other factors
- Sector concentration risk: The ETF's performance may be more volatile due to its focus on the climate transition sector
- Index tracking risk: The ETF may not perfectly track the performance of the underlying index
- Liquidity risk: The ETF may experience difficulty buying or selling certain holdings due to limited market depth
👤 Best For
The Touchstone Climate Transition ETF may be suitable for investors seeking exposure to companies actively transitioning to a lower-carbon economy, as part of a diversified investment portfolio. Investors should have a long-term investment horizon and be willing to accept the risks associated with investing in this thematic ETF.