SOLR

SmartETFs Sustainable Energy II ETF

$31.16
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The SmartETFs Sustainable Energy II ETF (SOLR) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Kensho New Economies Sustainable Energy Index.

Overview

ETF tracking SmartETFs Sustainable Energy II ETF

Category Energy
Issuer Other
Inception Date 2022-01-03
Market Cap $3.1M
Average Volume N/A
Dividend Yield 0.73%
52-Week Range $20.81 - $32.38
VWAP $30.94

Performance

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Investment Summary

📎 Investment Objective

The SmartETFs Sustainable Energy II ETF (SOLR) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Kensho New Economies Sustainable Energy Index.

🎯 Investment Strategy

The ETF invests in a portfolio of global companies that are involved in the production, distribution, or provision of sustainable energy solutions. The fund aims to provide exposure to companies at the forefront of the transition to renewable and sustainable energy sources.

✨ Key Features

  • Focuses on companies in the sustainable energy sector, including renewable energy, energy efficiency, and energy storage technologies
  • Seeks to track the Kensho New Economies Sustainable Energy Index, which is designed to identify companies that are driving the transition to sustainable energy
  • Diversified portfolio across different sustainable energy sub-sectors and geographies
  • Actively managed to adapt to changes in the sustainable energy industry

⚠️ Primary Risks

  • Sector concentration risk, as the fund is focused on the sustainable energy sector
  • Equity market risk, as the fund invests in the stocks of global companies
  • Currency risk, as the fund may hold securities denominated in foreign currencies
  • Regulatory and policy risk, as changes in government policies and regulations can impact the sustainable energy industry

👤 Best For

The SmartETFs Sustainable Energy II ETF may be suitable for long-term investors seeking exposure to the growing sustainable energy sector and the companies driving the transition to renewable and clean energy sources. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility in this sector.