Key stats
About Touchstone Climate Transition ETF
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Inception date
May 2, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Touchstone Advisors, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US89157W5094
HEAT is comprised of companies globally that are poised to benefit from a transitioning climate environment. The fund uses a proprietary ESG and sustainability methodology to identify companies that are solution providers, transition leaders and adaptation opportunities. Such companies are those who are coming up with solutions to avoid carbon emissions, shift to a less carbon-intensive production, and companies adapting to climate change consequences respectively. The funds selection process includes an evaluation of fundamental criteria to narrow down the portfolio to 40-60 high-conviction stocks. Equity-related positions may include stock options or warrants. The fund also employs quantitative screens and qualitative judgement to enhance its capability to monitor a companys progress in addressing pressing sustainability-related issues that may affect their organization. The funds sub-adviser may buy, sell or hold securities and adjust the portfolio any time, at their discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Producer Manufacturing
Stocks98.03%
Electronic Technology24.51%
Producer Manufacturing15.70%
Utilities9.05%
Technology Services8.85%
Non-Energy Minerals7.92%
Process Industries5.80%
Retail Trade5.46%
Consumer Durables4.61%
Finance4.36%
Transportation3.83%
Industrial Services2.93%
Health Technology1.91%
Consumer Non-Durables1.87%
Consumer Services0.86%
Bonds, Cash & Other1.97%
Mutual fund2.35%
Cash−0.38%
Stock breakdown by region
North America53.54%
Europe29.49%
Asia16.98%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
HEAT invests in stocks. The fund's major sectors are Electronic Technology, with 24.60% stocks, and Producer Manufacturing, with 15.76% of the basket. The assets are mostly located in the North America region.
HEAT top holdings are NVIDIA Corporation and Samsung Electronics Co., Ltd., occupying 3.14% and 2.41% of the portfolio correspondingly.
HEAT last dividends amounted to 0.16 USD. The year before, the issuer paid 0.19 USD in dividends, which shows a 16.66% decrease.
HEAT assets under management is 13.30 M USD. It's risen 0.65% over the last month.
HEAT fund flows account for −763.10 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, HEAT pays dividends to its holders with the dividend yield of 0.62%. The last dividend (Dec 31, 2024) amounted to 0.16 USD. The dividends are paid annually.
HEAT shares are issued by Western & Southern Mutual Holding Co. under the brand Touchstone. The ETF was launched on May 2, 2023, and its management style is Active.
HEAT expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
HEAT follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
HEAT invests in stocks.
HEAT price has risen by 3.89% over the last month, and its yearly performance shows a 13.35% increase. See more dynamics on HEAT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.43% over the last month, showed a 7.93% increase in three-month performance and has increased by 14.38% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.43% over the last month, showed a 7.93% increase in three-month performance and has increased by 14.38% in a year.
HEAT trades at a premium (0.52%) meaning the ETF is trading at a higher price than the calculated NAV.