ETHOEtho Climate Leadership U.S. ETF
ETHO Fund Description
The Etho Climate Leadership U.S. ETF tracks the performance of an index that selects U.S. equities of companies that exhibit the least carbon impact within its industry, with an equal weight to each selected company. Certain industries are excluded altogether.
ETHO Factset Analytics Insight
ETHO tracks the Etho Climate Leadership Index - US, which is composed of U.S. equities with the most climate efficiency within their own sectors. Each company is measured according to their climate impact, which is calculated based on total greenhouse gas emissions from operations, fuel use, supply chain, and business activities, divided by market capitalization. The top scoring half in each industry is selected, while simultaneously excluding all companies in energy, tobacco, aerospace and defense, gambling, gold, and silver sub-industries. Equal weighting is applied to all selected companies, which gives smaller capitalization stocks more weight within the index relative to a market capitalization weighting approach. Given the industry screens and equal weighting, ETHO carries greater active risk than some peer ESG funds which track closer to cap-weighted exposure. While ETHO isn’t the cheapest option in the market, it provides a clear and distinct selection method for environmentally-conscious investors.
ETHO MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 17, 2018 the Etho Climate Leadership U.S. ETF MSCI ESG Fund Quality Score is 4.91 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ETHO ranks in the 68th percentile within its peer group and in the 29th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
ETHO CHARTS AND PERFORMANCE
ETHO Top 10 Countries
ETHO Top 10 Sectors
ETHO Top 10 Holdings [View All]
ETHO Portfolio Management
ETHO Tax Exposures
ETHO Fund Structure
ETHO Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ETHO. ETHO is rated a 5 out of 5.
ETHO Sector/Industry Breakdown
ETHO TOP 10 HOLDINGS[View All]
ETHO Economic Development
ETHO Performance Statistics
ETHO MSCI ESG Ratings
ETHO BENCHMARK COMPARISON SUMMARY
ETHO BENCHMARK COMPARISON MARKET CAP SIZE