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Ecofin Global Water ESG Fund

EBLU
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 15 2017
Expense Ratio
0.40%
Type
Global Equities
Fund Owner
Ecofin
Volume (1m avg. daily)
$593,920
AUM
$52,276,900
Associated Index
Ecofin Global Water ESG Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

FERG
FERGUSON PLC
8.20%
ECL
Ecolab, Inc.
7.20%
AWK
American Water Works Co. Inc.
7.14%
GEBN
Geberit AG
6.98%
XYL
Xylem Inc
6.44%
IEX
Idex Corporation
5.84%
PNR
Pentair plc
4.75%
VIE
VEOLIA ENVIRONNEMENT
4.31%
AOS
A.O. Smith Corp.
4.26%
SVT
SEVERN TRENT PLC
3.84%
Invest with EBLU

What is EBLU?

The Fund is an exchange-traded fund ( ETF ) and employs a passive management or indexing investment approach designed to track the performance of the Underlying Index. The Underlying Index is a proprietary rules- based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of global Water Companies listed on developed country exchanges. A list of developed market exchanges is below. The Underlying Index is comprised of companies operating in one of two primary water-related industries: water infrastructure or water equipment and/or services (the Water Industries ). Water infrastructure companies are those whose principal business is providing public water distribution or supporting/enhancing water distribution infrastructure via engineering, construction and/or consulting. Water infrastructure is comprised of two sub-industries: utilities and engineering & construction. Water equipment and/or services companies are those whose principal business is producing water equipment, such as pipes, valves, pumps and water efficiency products, or providing water services, such as filtration, treatment, and testing of water. Water equipment and/or services companies often provide technologies or products that manage or facilitate the management of water distribution and usage, including the fields of water efficiency, water treatment, and irrigation. Water equipment and/or services is comprised of two sub-industries: pipes, pumps & valves and filtration, treatment & testing (together with utilities and engineering & construction, the Water Sub-Industries ).

ETFs related toEBLU

ETFs correlated to EBLU include CGW, PHO, FIW

EBLU
Tortoise Index Solutions - Ecofin Global Water ESG Fund
CGW
Invesco Capital Management LLC - Invesco S&P Global Water Index ETF
PHO
Invesco Capital Management LLC - Invesco Water Resources ETF
FIW
First Trust Exchange-Traded Fund III - First Trust Water ETF
EXI
BlackRock Institutional Trust Company N.A. - iShares Global Industrials ETF
OUSM
OSI ETF Trust - ALPS O`Shares U.S. Small-Cap Quality Dividend ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
GLOV
Goldman Sachs ETF Trust - Goldman Sachs ActiveBeta World Low Vol Plus Equity ETF
ONEV
SPDR Series Trust - SPDR Russell 1000 Low Volatility Focus ETF
AOR
BlackRock Institutional Trust Company N.A. - iShares Core Growth Allocation ETF
RSP
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight ETF

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.

FAQ

EBLU is a Global Equities ETF. The Fund is an exchange-traded fund ( ETF ) and employs a passive management or indexing investment approach designed to track the performance of the Underlying Index. The Underlying Index is a proprietary rules- based, modified market capitalization weighted, float adjusted index designed to track the overall performance of equity securities of global Water Companies listed on developed country exchanges. A list of developed market exchanges is below. The Underlying Index is comprised of companies operating in one of two primary water-related industries: water infrastructure or water equipment and/or services (the Water Industries ). Water infrastructure companies are those whose principal business is providing public water distribution or supporting/enhancing water distribution infrastructure via engineering, construction and/or consulting. Water infrastructure is comprised of two sub-industries: utilities and engineering & construction. Water equipment and/or services companies are those whose principal business is producing water equipment, such as pipes, valves, pumps and water efficiency products, or providing water services, such as filtration, treatment, and testing of water. Water equipment and/or services companies often provide technologies or products that manage or facilitate the management of water distribution and usage, including the fields of water efficiency, water treatment, and irrigation. Water equipment and/or services is comprised of two sub-industries: pipes, pumps & valves and filtration, treatment & testing (together with utilities and engineering & construction, the Water Sub-Industries ).

The top holdings for EBLU include FERGUSON PLC, Ecolab, Inc., and American Water Works Co. Inc..

EBLU has 35 total holdings.

EBLU tracks the Ecofin Global Water ESG Index.

No, EBLU is not actively managed. It is passively 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.

Yes, EBLU is passively 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 EBLU is 0.055%. This is the percent change in the value of EBLU over the most recent 1-month period. The 3-month return on EBLU is 0.1735%. This is the percent change in the value of EBLU over the most recent 3-month period.

The standard deviation of EBLU for the past year is 0.2415%. 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 EBLU include EEMV, TAN, and PBW.

ETFs correlated to EBLU include CGW, PHO, and FIW.

ETFs that are inversely correlated to EBLU include SEF, EFZ, and SDS.

Disclaimers

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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.