PWER

Macquarie Energy Transition ETF

$33.31

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Macquarie Energy Transition ETF (PWER) seeks to provide investment exposure to companies involved in the transition to renewable and sustainable energy sources.

Overview

ETF tracking Macquarie Energy Transition ETF

Category Energy

Issuer Other

Inception Date 2023-11-29

Market Cap $6.7M

Average Volume N/A

Dividend Yield 1.20%

52-Week Range $21.41 - $33.90

VWAP $32.97

Performance

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Investment Summary

📎 Investment Objective

The Macquarie Energy Transition ETF (PWER) seeks to provide investment exposure to companies involved in the transition to renewable and sustainable energy sources.

🎯 Investment Strategy

The ETF tracks an index that selects companies across the energy sector that are actively participating in or benefiting from the global shift towards cleaner energy production and distribution. This includes companies engaged in renewable energy, energy efficiency, energy storage, and related technologies.

✨ Key Features

Broad exposure to the energy transition theme across multiple sub-sectors
Aims to provide access to companies at the forefront of the shift to sustainable energy
Passively managed to track the performance of the underlying index
Low expense ratio of 0.00%

⚠️ Primary Risks

Sector concentration risk as the fund is focused solely on the energy industry
Potential volatility as the energy transition theme is still emerging
Liquidity risk due to the relatively small asset size of the fund
Tracking error risk as the fund may not perfectly replicate the performance of the underlying index

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to the energy transition theme as part of a diversified portfolio. It may be of particular interest to investors with a focus on sustainability and the shift towards renewable energy sources.