Pickens Morningstar Renewable Energy Response ETF (RENW)
| Assets | $21.84M |
| Expense Ratio | 0.80% |
| PE Ratio | 22.76 |
| Shares Out | 1.35M |
| Dividend (ttm) | $0.13 |
| Dividend Yield | 0.82% |
| Ex-Dividend Date | Dec 21, 2022 |
| Payout Ratio | 18.70% |
| 1-Year Return | n/a |
| Volume | 601 |
| Open | 15.95 |
| Previous Close | 16.28 |
| Day's Range | 15.91 - 16.03 |
| 52-Week Low | 15.81 |
| 52-Week High | 25.92 |
| Beta | -1.19 |
| Holdings | n/a |
| Inception Date | Jul 13, 2022 |
About RENW
The Pickens Morningstar Renewable Energy Response ETF (RENW) is an exchange-traded fund that is based on the Quantix Energy Transition index. The fund tracks an index that provides exposure to at least 10 different commodities focused on or expected to benefit from the global transition to low carbon and renewable energy. The fund invests through a Cayman Island subsidiary and uses excess return swaps to pursue its investment objective. RENW was launched on Jul 13, 2022 and is managed by Harbor.
News
Harbor CIO Kristof Gleich: Thematics Help Advisors Connect With Clients
Thematic investments are seeing a resurgence in investor interest after developing a – perhaps undeserved and unwarranted – negative reputation in recent years. The economic regime has shifted, and pa...
Misconceptions in Investing in a Commodity Futures ETF
We believe commodity futures offer one of the most direct ways of gaining exposure to the expected demand increase for the materials essential for the energy transition. Despite this reality, commodit...
Bull vs. Bear: Are Equities the Right Play for the Energy Transition?
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pla...
Check Out RENW as Commodities Poised for 3rd Year of Outperformance
After posting the strongest gain of all major asset class last year, we believe commodities are positioned for another year of impressive growth in 2023. Last year marked the second consecutive year t...
RENW Fits as Core Component in Energy Transition Portfolios
Over 90% of global GDP is committed to an energy transition, which calls for a massive expansion in renewable energy sources in the coming decades.
Another Green ETF (RENW) Enters the Industry
Harbor Capital recently launched a fund called Harbor Energy Transition Strategy ETF (RENW).
Harbor Capital Bets On Energy With New ETF
The fund aims to foster investment in renewable infrastructure.
This new ETF buys the commodities that will power our carbon-free future
A new exchange traded fund seeks to provide an easy way to invest in the raw materials needed to power the transition to cleaner energy.
Harbor Launches Energy Transition ETF With Subadvisor Quantix
Harbor Capital Advisors today launched a new ETF focused on the energy transition. The Harbor Energy Transition Strategy ETF (RENW), which began trading on the NYSE on July 14 and carries an 80 basis...
Harbor Capital Advisors Launches Energy Transition Strategy ETF
Harbor Capital Advisors, Inc. (“Harbor”), a premier multi-manager investment firm offering access to innovative and specialized expertise across a range of investment strategies and vehicles, today an...