ION vs. VCLN ETF Comparison
Comparison of ProShares S&P Global Core Battery Metals ETF (ION) to Virtus Duff & Phelps Clean Energy ETF (VCLN)
ION
ProShares S&P Global Core Battery Metals ETF
ION Description
ProShares S&P Global Core Battery Metals ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across mining of lithium, nickel, or cobalt, which are base metals used to produce batteries sectors. It invests in growth and value stocks of companies across diversified market capitalization. The fund seeks to track the performance of the S&P Global Core Battery Metals Index, by using full replication technique. ProShares S&P Global Core Battery Metals ETF was formed on November 29, 2022 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$30.80
Average Daily Volume
304
3
VCLN
Virtus Duff & Phelps Clean Energy ETF
VCLN Description
The investment seeks capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. The sub-adviser defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy; (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. It is non-diversified.Grade (RS Rating)
Last Trade
$17.12
Average Daily Volume
2,084
25
Performance
Period | ION | VCLN |
---|---|---|
30 Days | 2.07% | -2.42% |
60 Days | 2.41% | 1.88% |
90 Days | 10.52% | 1.18% |
12 Months | -15.37% | -16.19% |
0 Overlapping Holdings
Symbol | Grade | Weight in ION | Weight in VCLN | Overlap |
---|
ION Underweight 25 Positions Relative to VCLN
Symbol | Grade | Weight | |
---|---|---|---|
FSLR | A | -8.9% | |
ENPH | F | -6.92% | |
ED | A | -3.44% | |
NEE | A | -3.06% | |
ENLC | B | -2.93% | |
XYL | A | -2.58% | |
FLNC | B | -2.54% | |
AES | A | -2.53% | |
TEL | C | -2.44% | |
GTLS | D | -2.28% | |
GEV | B | -2.27% | |
ABBV | D | -2.26% | |
RUN | F | -2.17% | |
SEDG | F | -2.02% | |
SO | A | -1.96% | |
MP | C | -1.89% | |
CWEN | A | -1.86% | |
CEG | B | -1.79% | |
ETR | A | -1.77% | |
HUBB | D | -1.34% | |
AY | A | -1.3% | |
NVT | B | -1.0% | |
ARRY | F | -0.9% | |
SHLS | F | -0.77% | |
PLUG | F | -0.64% |
ION: Top Represented Industries & Keywords
VCLN: Top Represented Industries & Keywords