Engine No. 1 Transform Climate ETF (NETZ)
Engine No. 1 Transform Climate ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $78.17, down 0.86% on the session, giving a market capitalisation of $383.6M. Its beta of 1.12 implies it has historically moved more than the broad market.
This actively managed exchange-traded fund (ETF), the Engine No. 1 Transform Climate ETF, aims to invest in companies that are creating value through their efforts to adapt to and address the demands of climate change, both within their own operations and by facilitating the transformation of others. Initially, the fund's advisor plans to focus its investments primarily on U.S.-listed equities and American Depositary Receipts (ADRs) of companies pertinent to this climate-focused theme. Over time, as market conditions and investment opportunities shift, the portfolio may expand to include non-U.S. listed securities. The fund's holdings can encompass a wide range of company sizes, from micro- and small-capitalization firms to medium- and large-capitalization enterprises. It operates on a non-diversified basis.
Engine No. 1 Transform Climate ETF is most often compared with the following Financial Services names: