Hennessy Stance ESG ETF

STNC is a US Equities ETF. The Fund is an actively managed exchange-traded fund ( ETF ) that will invest, under normal circumstances at least 80% of the value of its net assets (plus the amount of any borrowings for investment purposes) in exchange-traded equity securities of U.S. large capitalization issuers that meet environmental, social, and governance ( ESG ) standards, as determined and in the sole discretion of Stance Capital, LLC. The Fund currently considers companies within the Russell 1000 Index and S&P 500 Index to be large capitalization issuers. In identifying investments for the Fund, Stance utilizes three independent processes. First, we apply a rules-based methodology to the universe of large capitalization companies and identifies companies that successfully manage in Stance s view and in its sole discretion sustainability-related key performance indicators ( KPIs ) such as energy productivity, carbon intensity, water dependence, waste profile and KPIs relating to governance, including capacity to innovate, unfunded pension fund liabilities, chief executive officer/average worker pay, safety performance, employee turnover, leadership diversity, percentage tax paid, and percent of bonus linked to sustainability performance. Companies who have engaged exclusively or primarily in weapons, tobacco, or thermal coal, may be excluded from consideration. Second, we apply a machine learning model which uses financial, risk, and other factors to identify companies that in our view, based on our sole discretion are most likely to outperform both in absolute returns and in risk adjusted returns over the next quarter. Finally, the portfolio is optimized to attempt to minimize tail risk and maximize diversification.

Yes, STNC 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, STNC 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 STNC is -0.0194%. This is the percent change in the value of STNC over the most recent 1-month period. The 3-month return on STNC is -0.0273%. This is the percent change in the value of STNC over the most recent 3-month period.

The standard deviation of STNC for the past year is 0.161%. 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 STNC include SPHQ, DSI, and QUAL.

ETFs correlated to STNC include DUHP, JHML, and TPLC.

ETFs that are inversely correlated to STNC include SDS, SPXS, and SPDN.