CTEX Profile
ProShares
S&P Kensho CleanTech ETF (CTEX) is an exchange-traded fund that aims
to track the S&P Kensho CleanTech Index. The fund is designed to
provide exposure to companies involved in the development and
production of cleaner and more efficient sources of energy and related
technologies.
The S&P Kensho CleanTech Index includes companies
across a range of industries, including alternative energy sources,
energy storage, energy efficiency, transportation, and sustainable
agriculture. The index uses a rules-based methodology that considers
factors such as a company's market capitalization, liquidity, and
exposure to the clean technology theme.
As of September 2021,
the top holdings of the CTEX ETF include Plug Power Inc, Enphase
Energy Inc, Tesla Inc, Sunrun Inc, and First Solar Inc. The fund has
an expense ratio of 0.45% and is passively managed.
Investing
in the CTEX ETF may provide investors with exposure to companies that
are developing and utilizing more environmentally sustainable and
efficient technologies. However, like all investments, the CTEX ETF
carries risks, including the potential for loss of principal and the
possibility of volatility in the markets. It is important for
investors to conduct thorough research and consider their investment
goals, risk tolerance, and time horizon before investing
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