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OCEN Stock - IQ Clean Oceans ETF

Expense Ratio: 0.45%

OCEN ETF Stock Chart

OCEN Profile

IQ Clean Oceans ETF logo

The IQ Clean Oceans ETF, with the ticker symbol OCEN, is an exchange-traded fund that seeks to invest in companies working to reduce plastic waste in the world's oceans. The ETF focuses on companies that develop and implement technologies to reduce ocean pollution and marine debris. Here's an extended company report for the IQ Clean Oceans ETF:

The IQ Clean Oceans ETF was launched in 2019 by IndexIQ, a provider of innovative investment solutions. The ETF seeks to invest in companies working to reduce plastic waste in the world's oceans by developing and implementing technologies to reduce ocean pollution and marine debris.

The IQ Clean Oceans ETF provides investors with exposure to a diversified portfolio of companies that are focused on reducing plastic waste in the world's oceans. The ETF invests in companies involved in the development and implementation of technologies to reduce ocean pollution, including companies in the waste management, recycling, and materials sectors.

As of March 18, 2023, the IQ Clean Oceans ETF had a net asset value of approximately $20 million. The ETF's expense ratio is 0.69%, which is lower than the average expense ratio for similar ETFs.

Investing in the IQ Clean Oceans ETF involves risks, including the risk that the ETF's performance may be affected by changes in the global economy, changes in government regulations, and other factors that may impact the companies in which the ETF invests. In addition, the ETF's performance may be affected by changes in market conditions, as well as fluctuations in the prices of individual securities held by the ETF.

In conclusion, the IQ Clean Oceans ETF provides investors with exposure to a diversified portfolio of companies that are focused on reducing plastic waste in the world's oceans. The ETF's investment strategy seeks to invest in companies involved in the development and implementation of technologies to reduce ocean pollution and marine debris. However, investors should carefully consider the risks and potential benefits of investing in the IQ Clean Oceans ETF before making any investment


 

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