TCW Transform Systems ETF (NETZ)
| Assets | $252.96M |
| Expense Ratio | 0.75% |
| PE Ratio | 27.44 |
| Shares Out | 3.35M |
| Dividend (ttm) | $0.44 |
| Dividend Yield | 0.57% |
| Ex-Dividend Date | Sep 23, 2024 |
| Payout Ratio | 15.72% |
| 1-Year Return | +42.69% |
| Volume | 239,845 |
| Open | 76.82 |
| Previous Close | 76.60 |
| Day's Range | 76.05 - 76.82 |
| 52-Week Low | 53.57 |
| 52-Week High | 77.60 |
| Beta | 1.11 |
| Holdings | 27 |
| Inception Date | Feb 2, 2022 |
About NETZ
Fund Home PageThe TCW Transform Systems ETF (NETZ) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed portfolio of US equities that are considered to be driving and benefiting from the energy transformation. Stocks can be from any economic sector but generally are from carbon-intensive industries such as energy, agriculture, and transportation and have a strategy to reduce or enable decarbonization at scale. NETZ was launched on Feb 2, 2022 and is issued by TCW.
Top 10 Holdings
64.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Republic Services, Inc. | RSG | 9.26% |
| General Electric Company | GE | 8.49% |
| Vertiv Holdings Co | VRT | 7.78% |
| Safran SA | SAF | 7.17% |
| GE Vernova Inc. | GEV | 6.67% |
| Microsoft Corporation | MSFT | 6.33% |
| Trane Technologies plc | TT | 5.27% |
| Diamondback Energy, Inc. | FANG | 4.76% |
| Airbus SE | AIR | 4.71% |
| Union Pacific Corporation | UNP | 4.55% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 23, 2024 | $0.061 | Sep 25, 2024 |
| Jun 24, 2024 | $0.188 | Jun 26, 2024 |
| Mar 18, 2024 | $0.044 | Mar 20, 2024 |
| Dec 19, 2023 | $0.146 | Dec 21, 2023 |
| Sep 19, 2023 | $0.059 | Sep 21, 2023 |
| Jun 20, 2023 | $0.197 | Jun 22, 2023 |
News
Under Radar Active Equity ETFs
Actively managed equity ETFs have continued to gain traction in 2024 and risen in value. Some of the top performing funds were focused on in vogue, large-cap growth stocks such as the American Century...
Disruptive Theme of the Week: Top ETF Themes Through Q3 2024
As we face the last quarter of 2024, interest rates are finally heading down, kicked off by a 50 basis point Fed cut, the election race is too close to call, and global geopolitical instability remain...
NETZ: A Promising High Conviction Fund
The global energy transition is driving a massive transformation in investment opportunities, requiring unprecedented levels of spending and debt. The TCW Transform Systems ETF focuses on companies le...
NETZ: Investing in the Supply Chain & Energy Transformation
Why are big energy companies in the Transform Climate ETF (NETZ)? Eli Horton discusses investing in the supply chain and energy transformation.
TCW to Change Listing Exchange of ETFs to NYSE
LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global asset management firm, today announced that, effective May 30, 2024, the listing exchange for shares of each of the following series (each...
TCW's Grancio on Engine No. 1 Integration, ETF Strategy
Jennifer Grancio, TCW's global head of distribution, discusses the integration of Engine No. 1 and the company's investment strategy with Katie Greifeld on Bloomberg Television.
NETZ: Playing A Possible Short-Term Rotation Into Industrials
TCW Transform Systems ETF is an actively managed fund that focuses on capturing alpha from growth and value opportunities, with a heavy weighting towards the Industrials sector. The fund's top holding...
How one firm is investing in the energy transition using actively managed ETFs
Jennifer Grancio, TCW head of global wealth, and Dave Nadig, VettaFi financial futurist, join CNBC's Bob Pisani on 'ETF Edge' to discuss TCW's recent acquisition of Engine No.1, investing in climate c...
Engine No. 1 Closes Sale of ETF Business to TCW
SAN FRANCISCO--(BUSINESS WIRE)--Engine No. 1, an alternative asset manager that provides capital and operational expertise to industries undergoing fundamental transition, today announced the close of...
TCW Completes Acquisition of Engine No. 1 ETF Business
LOS ANGELES--(BUSINESS WIRE)--The TCW Group, a leading global asset management firm, today announced the successful completion of its previously announced agreement to acquire the exchange-traded fund...
Energy transition investment is creating huge value, says Engine No. 1 CEO Jennifer Grancio
Jennifer Grancio, Engine No. 1 CEO, and CNBC's Bob Pisani join 'The Exchange' to discuss the decision to sell Engine No.1's ETF buisness to TCW, the activist investor's work on the Exxon Mobile board,...
TCW buys Engine No. 1's ETF business
Asset management firm TCW Group announced on Tuesday that it's buying the exchange-traded-fund business owned by activist investor Engine No. 1 for undisclosed terms.
Carbon Streaming Announces Executive Change
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today announced that Michael Psihogios has resigned a...
Carbon Streaming Announces Launch of Website Marketplace & Participation in Renmark's Virtual Non-Deal Roadshows
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is delighted to announce the launch of its website ma...
Carbon Streaming Announces Annual General Meeting Results
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today held its annual general meeting of shareholders...
Carbon Streaming Announces Executive Leadership Changes
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today announced that as part of the Company's leaders...
ETF Edge: SEC hearing on ESG and crypto
CNBC's Bob Pisani with Vettafi's Dave Nadig and DWS Group's Arne Noack, join 'Halftime Report' to discuss climate control and cryptocurrency ahead of the SEC hearings.
Why Engine No. 1 has turned to ‘ex-hedge fund' talent to expand active ETF lineup
Hello! In this week's ETF Wrap, Engine No. 1's CEO Jennifer Grancio spoke with MarketWatch about the firm's recent hire from a hedge fund and how that fits into the firm's strategy of targeting invest...
Carbon Streaming Adjusts the Release Date of Its Year-End 2022 Financial Results
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today announced that the release of its financial res...
Carbon Streaming Announces First Stream Investment in Canada With Will Solutions
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce that it has entered into a car...
IG Wealth Management Works With Carbon Streaming Corporation to Deliver Funds That Align With Global Effort to Reach Net Zero
TORONTO & WINNIPEG, Manitoba--(BUSINESS WIRE)---- $NETZ #NETZ--IG Wealth Management (“IG”) and Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming”) are pleased to an...
Carbon Streaming Announces US$20m Stream in Clean Cookstoves and Safe Water Solutions Portfolio With Community Carbon
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce that it has entered into a US$...
Carbon Streaming Announces Quarterly Financial Results
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) has released its financial results for the three and ...
Carbon Streaming Announces First Biochar Carbon Stream With Restoration Bioproducts
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce that it has entered into a car...
Carbon Streaming to Release Q3 Financial Results on May 16th
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) will release its interim financial results for the qu...