TCW Transform Systems ETF (NETZ)
| Assets | $122.22M |
| Expense Ratio | 0.75% |
| PE Ratio | 24.01 |
| Shares Out | 1.82M |
| Dividend (ttm) | $0.45 |
| Dividend Yield | 0.66% |
| Ex-Dividend Date | Mar 18, 2024 |
| Payout Ratio | 15.96% |
| 1-Year Return | +35.85% |
| Volume | 926 |
| Open | 67.04 |
| Previous Close | 67.01 |
| Day's Range | 67.04 - 67.22 |
| 52-Week Low | 48.22 |
| 52-Week High | 69.60 |
| Beta | n/a |
| 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
63.42% of assets| Name | Symbol | Weight |
|---|---|---|
| Republic Services, Inc. | RSG | 8.28% |
| GE Aerospace | GE | 7.92% |
| Safran SA | SAF.PA | 7.09% |
| Microsoft Corporation | MSFT | 6.59% |
| Airbus SE | AIR.PA | 6.17% |
| Vertiv Holdings Co | VRT | 6.17% |
| Diamondback Energy, Inc. | FANG | 5.61% |
| Exxon Mobil Corporation | XOM | 5.52% |
| Union Pacific Corporation | UNP | 5.19% |
| Applied Materials, Inc. | AMAT | 4.89% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 18, 2024 | $0.04385 | Mar 20, 2024 |
| Dec 19, 2023 | $0.14601 | Dec 21, 2023 |
| Sep 19, 2023 | $0.05934 | Sep 21, 2023 |
| Jun 20, 2023 | $0.19653 | Jun 22, 2023 |
| Mar 21, 2023 | $0.03954 | Mar 23, 2023 |
| Dec 20, 2022 | $0.11885 | Dec 22, 2022 |
News
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...
Carbon Streaming Provides Investment Pipeline and Corporate Update
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to provide an update on its investment pip...
9 New ETFs for Investors to Unwrap
The U.S. exchange-traded fund (ETF) industry had quite a year in 2021 – due in part to the 445 new ETFs that launched, 44% more than did in 2020. U.S. ETFs ended the year with record assets of $7.21 t...
Carbon Streaming Welcomes New VP of Sales
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce the addition of Oliver Forster...
Carbon Streaming Announces U.S. Listing Progress
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce the filing of a registration s...
Carbon Streaming Announces February Events Schedule
TORONTO--(BUSINESS WIRE)---- $NETZ #NETZ--Carbon Streaming Corporation (NEO: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) is pleased to announce that Justin Cochrane, CEO and ...
Engine No. 1 Launches Transform Climate ETF (Ticker: NETZ) to Give Investors the Opportunity to Capture Value and Create Change on the Pathway to Net Zero
SAN FRANCISCO--(BUSINESS WIRE)--Engine No. 1 launches its first thematic ETF, the Engine No. 1 Transform Climate ETF (Ticker: NETZ).
A New ESG Fund Launches Today. Why Its Top Holdings Are GM and Occidental.
The investment firm behind the successful shareholder campaign to reshape Exxon Mobile believes the path to cutting emissions has to go through the largest polluters.