ETEC vs. OCEN ETF Comparison
Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to IQ Clean Oceans ETF (OCEN)
ETEC
iShares Breakthrough Environmental Solutions ETF
ETEC Description
ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.
Grade (RS Rating)
Last Trade
$22.71
Average Daily Volume
314
8
OCEN
IQ Clean Oceans ETF
OCEN Description
The OCEN IQ Clean Oceans ETF tracks the IQ Clean Oceans Index, which seeks to track companies that help to protect and/or achieve cleaner oceans through reduced pollution and increased resource efficiency.Grade (RS Rating)
Last Trade
$23.23
Average Daily Volume
123
22
Performance
| Period | ETEC | OCEN |
|---|---|---|
| 30 Days | 10.72% | 2.11% |
| 60 Days | 16.47% | 7.43% |
| 90 Days | 8.21% | 3.75% |
| 12 Months | 7.53% | 25.37% |
ETEC Underweight 18 Positions Relative to OCEN
ETEC: Top Represented Industries & Keywords
OCEN: Top Represented Industries & Keywords
Compare ETFs
