HVAC

AdvisorShares HVAC and Industrials ETF

$31.40
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The AdvisorShares HVAC and Industrials ETF (HVAC) seeks to provide investment results that correspond generally to the performance of the HVAC and Industrials Index, which tracks companies involved in the heating, ventilation, air conditioning, and industrial equipment industries.

Overview

ETF tracking AdvisorShares HVAC and Industrials ETF

Category Industrials
Issuer Other
Inception Date 2025-02-04
Market Cap $3.1M
Average Volume N/A
Dividend Yield N/A
52-Week Range $20.02 - $33.25
VWAP $31.42

Performance

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Investment Summary

📎 Investment Objective

The AdvisorShares HVAC and Industrials ETF (HVAC) seeks to provide investment results that correspond generally to the performance of the HVAC and Industrials Index, which tracks companies involved in the heating, ventilation, air conditioning, and industrial equipment industries.

🎯 Investment Strategy

The ETF invests primarily in U.S. exchange-listed equity securities of companies engaged in the HVAC and industrial equipment sectors. The fund's portfolio is constructed to reflect the composition of the underlying index, with an emphasis on companies that are expected to benefit from trends in the HVAC and industrial equipment markets.

✨ Key Features

  • Provides exposure to companies involved in the HVAC and industrial equipment industries
  • Seeks to track the performance of the HVAC and Industrials Index
  • Diversified portfolio across various HVAC and industrial equipment sub-sectors
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Sector-specific risk: The fund's performance is closely tied to the HVAC and industrial equipment sectors, which may underperform the broader market
  • Concentration risk: The fund may have a significant portion of its assets invested in a small number of companies or industries
  • Market risk: The value of the fund's investments may decline due to general market conditions or other factors
  • Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price

👤 Best For

The AdvisorShares HVAC and Industrials ETF may be suitable for investors seeking exposure to the HVAC and industrial equipment sectors as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with sector-specific investments.