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CTEX - Proshares S&P Kensho Cleantech ETF

Proshares S&P Kensho Cleantech ETF logoProShares S&P Kensho CleanTech ETF (CTEX) is an exchange-traded fund that aims to track the S&P Kensho CleanTech Index. The fund is designed to provide exposure to companies involved in the development and production of cleaner and more efficient sources of energy and related technologies.

The S&P Kensho CleanTech Index includes companies across a range of industries, including alternative energy sources, energy storage, energy efficiency, transportation, and sustainable agriculture. The index uses a rules-based methodology that considers factors such as a company's market capitalization, liquidity, and exposure to the clean technology theme.

As of September 2021, the top holdings of the CTEX ETF include Plug Power Inc, Enphase Energy Inc, Tesla Inc, Sunrun Inc, and First Solar Inc. The fund has an expense ratio of 0.45% and is passively managed.

Investing in the CTEX ETF may provide investors with exposure to companies that are developing and utilizing more environmentally sustainable and efficient technologies. However, like all investments, the CTEX ETF carries risks, including the potential for loss of principal and the possibility of volatility in the markets. It is important for investors to conduct thorough research and consider their investment goals, risk tolerance, and time horizon before investing in any ETF.




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