GCLN Goldman Sachs Bloomberg Clean Energy Equity ETF
What is GCLN?
GCLN tracks an index of global companies expected to have significant impact on the clean energy industry. Holdings are market-cap weighted and tilted towards those with more relevance to clean energy and decarbonization.
GCLN Factset Analytics Insight
GCLN is passively managed, providing exposure to global equities with business exposure to the clean energy sector. Companies include those involved in generating renewable power (solar, wind, and hydrogen), and energy storage, clean power infrastructure, energy digitalization and bioenergy. Stocks are selected based on their classification within the industry and relevance to the clean energy theme. Selected stocks are then put through exclusionary screens based on their carbon impact, thematic relevance, and any involvement in ESG controversies. Rebalanced quarterly, the index is market-cap weighted and tilted heavily towards those considered to have the greatest impact towards reducing the world’s carbon emissions. Specifically, those classified as the main driver of decarbonization received 60% weight, while those with considerable and moderate impact received 30% and 10% weight, respectively. The fund may include traditional energy exposure to oil, gas or other hydrocarbons.
GCLN Summary Data
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GCLN Index Data
GCLN Portfolio Management
GCLN Tax Exposures
GCLN Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of GCLN. GCLN is rated a N/A out of 5.
GCLN Sector/Industry Breakdown
GCLN Top 10 Holdings
GCLN Performance Statistics
GCLN Economic Development
GCLN Benchmark Comparison Summary
GCLN Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.