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ETFs

Touchstone Climate Transition ETF

HEAT
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Apr 28, 2023
Expense Ratio
0.69%
Type
Global Equities
Fund Owner
Touchstone Investments
Volume (1m avg. daily)
$7,357
AUM
$10,657,331
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

CCK
Crown Holdings, Inc.
3.2%
RSG
Republic Services, Inc.
3.14%
NAN
Frontier Smart Technologies Group Limited
3.12%
NAN
Frontier Smart Technologies Group Limited
2.98%
NAN
Frontier Smart Technologies Group Limited
2.95%
SFM
Sprouts Farmers Market Inc
2.76%
—
DREYFUS GOV CASH
2.7%
NAN
Phazar Corp
2.42%
ADSK
Autodesk Inc.
2.38%
NEE
NextEra Energy Inc
2.14%
Invest with HEAT
Trade HEAT Options

What is HEAT?

The Fund invests at least 80% of its net assets in equity or equity related securities of companies that are believed to be developing solutions for net-zero emissions or companies that may benefit from positive changes in climate transition processes. Employs a high-conviction approach to individual investment selection and will typically hold 40-60 stocks under normal conditions. Includes contribution to development of substitutes / remediation measures for carbon intensive business models.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

HEAT
Performance Measures**

for the time period May 2, 2023 to Dec 4, 2025

Returns

1M Trailing Return: -0.1%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 6.2%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -20.7%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 17.1%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.60

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: 0.44

The annualized return divided by the max drawdown for the selected time period.

ETFs related toHEAT

ETFs correlated to HEAT include GRID, SPGM, VT

HEAT
Touchstone ETF Trust - Touchstone Climate Transition ETF
GRID
First Trust Exchange-Traded Fund III - First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
VO
Vanguard Group, Inc. - Vanguard Mid-Cap ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
AVGE
American Century ETF Trust - Avantis All Equity Markets ETF
SPDW
SSgA Active Trust - SPDR Portfolio Developed World ex-US ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
IMCB
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap 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

HEAT is a Global Equities ETF. The Fund invests at least 80% of its net assets in equity or equity related securities of companies that are believed to be developing solutions for net-zero emissions or companies that may benefit from positive changes in climate transition processes. Employs a high-conviction approach to individual investment selection and will typically hold 40-60 stocks under normal conditions. Includes contribution to development of substitutes / remediation measures for carbon intensive business models.

Yes, HEAT 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, HEAT 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 HEAT is -0.0266%. This is the percent change in the value of HEAT over the most recent 1-month period. The 3-month return on HEAT is -0.0872%. This is the percent change in the value of HEAT over the most recent 3-month period.

ETFs similar to HEAT include PBW, IGF, and ARKK.

ETFs correlated to HEAT include GRID, SPGM, and VT.

ETFs that are inversely correlated to HEAT include EFZ, EPV, and HIBS.

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.