Invesco has launched two new ETFs that focus on the solutions for a net zero economy, a wind energy ETF and a hydrogen ETF.
The ETFs are based on the WilderHill Wind Energy index and WilderHill Hydrogen Economy index, respectfully, with both indexes being equally weighted to about 50 constituents, providing wider exposure rather than a high concentration approach. For example, 23% of names in the wind index are large-cap stocks, while 33% are mid-caps and 44% small-caps. The Invesco Wind Energy UCITS ETF is composed of firms improving wind turbines and blades, providing materials used in wind energy, modernising the grid, facilitating greater wind energy deployment or expanding its use, both onshore and offsh...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes