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ETFs

Tidal ETF Trust II Carbon Collective Climate Solutions U.S. Equity ETF

CCSO
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 19 2022
Expense Ratio
0.35%
Type
US Equities
Fund Owner
Carbon Collective
Volume (1m avg. daily)
$55,727
AUM
$20,195,670
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

SCCO
Southern Copper Corporation
5.78%
CARR
Carrier Global Corp
5.73%
ETN
Eaton Corporation plc
5.71%
NUE
Nucor Corp.
5.12%
LI
Li Auto Inc - ADR
4.91%
WM
Waste Management, Inc.
4.83%
WCN
Waste Connections Inc
4.70%
TSLA
Tesla Inc
4.67%
JCI
Johnson Controls International plc - Registered Shares
4.38%
PWR
Quanta Services, Inc.
3.68%
Invest with CCSO

What is CCSO?

The Carbon Collective Climate Solutions U.S. Equities ETF is a diversified, US-focused all cap portfolio that allows investors to align their portfolio with solving climate change. The fund offers broad exposure to the climate solutions space and the growing number of US-listed companies within it. To remain below 1.5 Degree Celsius of global warming, hundreds of industries must rapidly scale in the coming decades. Using All US-listed equities as its starting universe, CCSO grants exposure to these industries by including only those companies who generate at least 50% of their revenue from building climate solutions. The resulting list of equities is weighted by market cap with no single one allowed to make up more than 5% of the fund.

ETFs related toCCSO

ETFs correlated to CCSO include QCLN, KOMP, ERTH

CCSO
Tidal Trust II - Carbon Collective Climate Solutions U.S. Equity ETF
QCLN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Clean Edge Green Energy Index Fund
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
ERTH
Invesco Capital Management LLC - Invesco MSCI Sustainable Future ETF
ACES
ALPS Fund Services - ALPS Clean Energy ETF
PBW
Invesco Capital Management LLC - Invesco WilderHill Clean Energy ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
IWR
BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toCCSO

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

Create your own algorithmic trading strategy with CCSO using Composer

FAQ

CCSO is a US Equities ETF. The Carbon Collective Climate Solutions U.S. Equities ETF is a diversified, US-focused all cap portfolio that allows investors to align their portfolio with solving climate change. The fund offers broad exposure to the climate solutions space and the growing number of US-listed companies within it. To remain below 1.5 Degree Celsius of global warming, hundreds of industries must rapidly scale in the coming decades. Using All US-listed equities as its starting universe, CCSO grants exposure to these industries by including only those companies who generate at least 50% of their revenue from building climate solutions. The resulting list of equities is weighted by market cap with no single one allowed to make up more than 5% of the fund.

Yes, CCSO is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, CCSO is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on CCSO is -0.0319%. This is the percent change in the value of CCSO over the most recent 1-month period. The 3-month return on CCSO is -0.0234%. This is the percent change in the value of CCSO over the most recent 3-month period.

The standard deviation of CCSO for the past year is 0.2303%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to CCSO include SPHQ, DSI, and QUAL.

ETFs correlated to CCSO include QCLN, KOMP, and ERTH.

ETFs that are inversely correlated to CCSO include RWM, TZA, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.