The Organics ETF (ORG)
The Organics ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $19.06, down 3.13% on the session, giving a market capitalisation of $6.4M. Its beta of 0.80 implies it has historically moved less than the broad market.
The Organics ETF aims to emulate, before the deduction of fees and expenses, the investment performance of a specific index. This index is designed to identify and track global companies positioned to capitalize on the increasing consumer demand for organic products. This includes businesses involved in the service, production, distribution, marketing, or sale of organic food, beverages, cosmetics, nutritional supplements, and packaging. To achieve its objective, the fund primarily allocates at least 80% of its net assets to the equity securities comprising the Solactive Organics Index. It operates as a non-diversified fund.
The Organics ETF is most often compared with the following Financial Services names: