SOLR vs. ETEC ETF Comparison
Comparison of SmartETFs Sustainable Energy II ETF (SOLR) to iShares Breakthrough Environmental Solutions ETF (ETEC)
SOLR
SmartETFs Sustainable Energy II ETF
SOLR Description
SmartETFs Sustainable Energy II ETF is an exchange traded fund launched and managed by Guinness Atkinson Asset Management, Inc. The fund is co-managed by Penserra Capital Management, LLC. The fund invests in public equity markets of global region. The fund invests in stocks of companies operating across energy and sustainable energy companies sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund invests in stocks of companies that directly promote environmental responsibility. The fund employs fundamental analysis to create its portfolio. It employs proprietary research to create its portfolio. SmartETFs Sustainable Energy II ETF was formed on November 11, 2020 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$26.42
Average Daily Volume
452
19
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
$19.76
Average Daily Volume
519
11
Performance
| Period | SOLR | ETEC |
|---|---|---|
| 30 Days | -5.40% | -3.35% |
| 60 Days | -7.04% | -6.11% |
| 90 Days | -5.68% | -3.59% |
| 12 Months | 3.82% | -7.07% |
SOLR: Top Represented Industries & Keywords
ETEC: Top Represented Industries & Keywords
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