IQ Clean Oceans ETF (OCEN)
| Assets | $6.27M |
| Expense Ratio | 0.45% |
| PE Ratio | 15.90 |
| Shares Out | 300,000 |
| Dividend (ttm) | $0.30 |
| Dividend Yield | 1.44% |
| Ex-Dividend Date | Mar 17, 2023 |
| Payout Ratio | 21.28% |
| 1-Year Return | -7.92% |
| Volume | 131 |
| Open | 20.53 |
| Previous Close | 20.74 |
| Day's Range | 20.53 - 20.84 |
| 52-Week Low | 16.25 |
| 52-Week High | 23.19 |
| Beta | 1.20 |
| Holdings | 82 |
| Inception Date | Oct 21, 2021 |
About OCEN
The IQ Clean Oceans ETF (OCEN) is an exchange-traded fund that is based on the IQ Candriam Clean Oceans index, a market-cap-weighted index of globally-listed companies that are believed to contribute in achieving a cleaner ocean through reduced pollution and increased resource efficiency. OCEN was launched on Oct 21, 2021 and is managed by IndexIQ.
Top 10 Holdings
31.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Intel Corporation | INTC | 3.36% |
| Microsoft Corporation | MSFT | 3.25% |
| L'Oreal SA | OR.PA | 3.20% |
| STMicroelectronics NV | STMPA.PA | 3.18% |
| Fanuc Corp | 6954.T | 3.12% |
| Siemens AG | SIE.DE | 3.09% |
| Iberdrola SA | IBE.MC | 3.06% |
| Schneider Electric SE | SU.PA | 3.03% |
| Analog Devices, Inc. | ADI | 3.02% |
| NXP Semiconductors N.V. | NXPI | 3.00% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 17, 2023 | $0.07885 | Mar 23, 2023 |
| Dec 16, 2022 | $0.03085 | Dec 22, 2022 |
| Sep 16, 2022 | $0.07665 | Sep 22, 2022 |
| Jun 17, 2022 | $0.10881 | Jun 24, 2022 |
| Mar 18, 2022 | $0.10838 | Mar 24, 2022 |
| Dec 20, 2021 | $0.03614 | Dec 27, 2021 |
News
Ocean Investing Coming Into Focus
Oceans and other bodies of water cover a vast majority of Earth, but a case can be made that investors' portfolios are too dry when it comes to sustainable ocean investing concepts.
Observing OCEN for Ocean Investing Opportunities
Sustainable investing is a broad term that encompasses more than some novice investors realize. Under that umbrella are water-related issues, including both drinking water and ocean investing.
OCEN: Clean Ocean Investing for Clean Portfolios
Investing sustainability is a byproduct of the environmental, social, and governance (ESG) revolution. As a result, more dedicated sustainability exchange traded funds are coming to market.
Why Company Engagement Matters When Investing
At a time when ESG standards remain muddy in the U.S., investing in funds with issuers that are doing their due diligence can create better return potentials in the long term. Companies with ESG manda...
The Shipping Industry's Emissions Problem and OCEN's Solution
The emissions from container ships are significant, making up as much as the aviation industry and if converted into the equivalent emissions of a country, shipping would be sixth globally, reports Vo...
This Earth Day, Invest and Give Back With These Funds
It's the 52nd Earth Day for the U.S. The day was created to address environmental concerns when there were no regulatory bodies or laws in effect. This one seems to carry that same sense of urgency an...
Expect the Sustainability Tailwinds to Grow
As we near Earth Day this year, it's worth taking note of exactly how far sustainability investing has come, and the tailwinds that are going to continue to buoy it moving forward. Gwen Le Berre, dire...
How to Invest in Intel's Potential Chip Manufacturing Disruption
Intel, an American computer chip manufacturer, has set sights on completely reinventing components of computer chip manufacturing to meet its net-zero emissions goals by 2040, reported the Wall Street...
How to Invest in Sustainability and Contribute to a Good Cause
The regulation surrounding ESG funds remains nebulous within the U.S. as the SEC ponders how to apply a regulatory framework to the space and investors remain concerned about greenwashing. For investo...
Emissions Must Cap by 2025 — OCEN Invests in Reducers
In a bombshell report from the IPCC that ran over into the weekend and Monday morning, findings were that carbon emissions must cap by 2025 at the very latest to keep global warming as close to 1.5 de...
Investing in the Energy Solutions of Tomorrow With OCEN
Nextera Energy is one of the energy companies driving innovation and the clean energy transition in the U.S. as it continues to commit to research and development of new technologies and strategies th...
Investing in Cleaner Oceans on World Water Day
World Water Day is March 22 every year and was created to bring awareness to the 2 billion people who do not have access to clean, safe water. This year's focus is on groundwater and working to sustai...
Ninth Consecutive Year for Iberdrola on Most Ethical Companies List
The world's largest wind power energy producer, Iberdrola, has made the Ethisphere Institute's most ethical companies list for the ninth year in a row, according to a press release from the Iberdrola ...
IndexIQ Adds 3 Dual Impact ETFs
The issuer launched three funds that will donate a portion of their management fees to various nonprofits.
New York Life Investments Expands Its Dual Impact Lineup With The Launch Of Three Thematic ETFs
NEW YORK, Oct. 21, 2021 /PRNewswire/ -- IndexIQ, a New York Life Investments company, today announced the expansion of its Dual Impact family of thematic investment strategies with the launch of three...