ENRG SoFi Smart Energy ETF
ENRG Fund Description
ENRG tracks an equal-weighted index of global companies of any market size that enable the practice of distributed energy generation.
ENRG Factset Analytics Insight
ENRG provides exposure to global companies that support distributed energy resources (DER). The fund focuses on renewable energy sources, a subset of all possible DER solutions. Firms are screened to determine the percentage of revenue each company receives from DER compared to its total revenue by analyzing financial and sustainability reports, along with other publicly available information. Companies with at least 20% DER revenue or have at least a 10% increase in DER revenue over the prior year are considered, as well as those that disclose DER as a key revenue source. Companies are then screened for relevant sustainability and ESG standards. The index is reconstituted and rebalanced semi-annually, assigning each security an equal weight. Prior to February 14, 2022, the fund name was iClima Distributed Renewable Energy Transition Leaders ETF. Before August 9, 2022, the fund traded under the name iClima Distributed Smart Energy ETF and the ticker SHFT.
ENRG Summary Data
ENRG Portfolio Data
ENRG Index Data
ENRG Portfolio Management
ENRG Tax Exposures
ENRG Fund Structure
ENRG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ENRG. ENRG is rated a N/A out of 5.
ENRG Sector/Industry Breakdown
ENRG Economic Development
ENRG Performance Statistics
ENRG Benchmark Comparison Summary
ENRG 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.