VEGN
US Vegan Climate ETF
📎 Investment Objective
The US Vegan Climate ETF (VEGN) seeks to track the performance of companies that meet certain environmental, social, and governance (ESG) criteria, with a focus on companies that are involved in the vegan and plant-based food industries.
Overview
ETF tracking US Vegan Climate ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The US Vegan Climate ETF (VEGN) seeks to track the performance of companies that meet certain environmental, social, and governance (ESG) criteria, with a focus on companies that are involved in the vegan and plant-based food industries.
🎯 Investment Strategy
The ETF invests in a portfolio of stocks of companies that are involved in the production, distribution, and sale of vegan and plant-based food products. The fund uses a passively managed index-based approach, seeking to replicate the performance of the Beyond Investing US Vegan Climate Index.
✨ Key Features
- Focuses on companies involved in the vegan and plant-based food industries
- Employs an ESG-based screening process to select its holdings
- Passively managed index-based approach
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry
- Potential volatility due to the relatively small size and limited trading history of the fund
- Reliance on the index provider's methodology for selecting and weighting the fund's holdings
- Lack of a long-term performance history to evaluate the fund's ability to meet its investment objective
👤 Best For
This ETF may be suitable for investors who are interested in supporting companies involved in the vegan and plant-based food industries and who are willing to accept the higher level of risk and volatility associated with a narrowly focused fund. Investors should have a long-term investment horizon and be comfortable with the fund's limited performance history.