Seizing Clean Energy Opportunities with Harvest ETFs
Featuring the 40 largest clean energy issuers, the ETF builds a portfolio from select North American, European and Asian equities classified as renewable energy or renewable electricity generation.
“We launched the ETF in early 2021,” Dragositz explains. “But we were in talks and preparations – trying to figure out how to launch a product focused on clean energy – before that.
“We define clean energy in two broad terms. One is renewable energy generation. And the second category would be renewable energy equipment and service companies serving the renewable energy generation industry. These are the top 40 companies by market cap – And we restructure the names and rebalance it to equal weight on a semi-annual basis.”
When it comes to selecting those companies, Harvest ensures that 50% of their business stems from clean and renewable energy – resulting in renewable powerhouses such as European companies Orsted and Verband, US companies Atlantica Sustainable Infrastructure and Ormat Technologies. Has a portfolio, as well. Chinese giants China Everbright Environment Group and China Longyuan Power Group.
Similarly big names make up other categories of the portfolio – including solar devices (Enphase Energy, Solar Edge), batteries and energy storage (Enersys), hydrogen and fuel cell devices (Plug Power, Ballard Power) and wind power equipment (Vestas, Siemens). gamesa). ,