ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Direct Indexing
    • Disruptive Technology
    • Energy Infrastructure
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Financial Literacy
    • Fixed Income
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Modern Alpha
    • Multifactor
    • Night Effect
    • Portfolio Strategies
    • Responsible Investing
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Harbor Launches Energy Transition ETF With Quantix
News
Share

Harbor Launches Energy Transition ETF With Quantix

Elle CarusoJul 14, 2022
2022-07-14

The Harbor Energy Transition Strategy ETF (RENW C), which began trading on the NYSE on July 14 and carries an 80 basis point expense ratio, offers investors broad exposure to the energy transition through commodity futures. RENW seeks to provide investment results that correspond to the performance of the Quantix Energy Transition index, which was developed by Quantix Commodities, also the fund’s subadvisor.

“We believe that commodities are still an under-represented part of advisor’s asset allocation, whether for inflation hedging purposes or for gaining broad exposure to the accelerating energy transition and will become an increasingly important consideration for advisors,” Quantix said in a statement to VettaFi. 

The index tracked by RENW includes those commodities used in the net-zero end state (such as industrial metals and precious metals), those commodities that will be used as transition fuels (such as natural gas and oilseeds), as well as the mechanism for pricing carbon during the transition (such as emissions), Quantix said.

Since the theme is a global movement, the index includes commodities from the U.S., Europe, and the U.K.

“We believe that this significant macro trend in the medium term has the potential to impact whole portfolio asset allocation decisions and is an important topic for advisors to understand,” Quantix said. 

The fund invests in commodity futures as opposed to equities due to the uncertainty of the end state of the transition.

“New technologies and companies will emerge along the way, which presents a potential risk to equity investors in the companies in the space,” Quantix said. “However, since there is only one periodic table, commodity futures offer exposure to the building blocks of the Energy Transition. The index incorporates diversification considerations using the Quantix team’s experience and expertise in index design.”

This is the second fund this year that Harbor has partnered with subadvisor Quantix to launch. The All-Weather Inflation Focus ETF (HGER ), which is designed to be a solution for advisors seeking to hedge inflation, launched in February

Harbor Capital has a long history of identifying and partnering with specialists in investment management. Harbor said it identified Quantix as a stand-out specialist in commodities trading and investment management through a rigorous evaluation process. 

“We are thrilled to be partnering again with Don Casturo and his team. Their background and extensive experience investing, trading, and developing innovative commodities strategies at Quantix and previously at Goldman Sachs helps make them the ideal partner in managing both [HGER] and our latest offering, [RENW],” a spokesperson for Harbor said.

For more news, information, and strategy, visit VettaFi.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Jun 06

Fidelity Thematic Funds to Convert Within Two Weeks

Jun 06

Investors Increasingly Prefer SPYI for Income

Jun 06

ETF Prime: Tom Lydon Discusses Advisor Polling Data

Jun 06

Is Your Portfolio Ready for Economic Weakening?

Jun 06

4 Top-Performing Real Estate ETFs to Consider

Jun 06

Invesco Changes Tickers for Its Equal-Weight Sector ETFs

Jun 06

Invesco’s S&P 500 Quality ETF Crosses $1 Billion in Flows

Jun 06

Looking Into Blue Chip Growth ETF TCHP

Jun 06

Target Precise Fixed Income Exposure While Yields Are Up

Jun 06

The Dow, S&P 500, and Nasdaq Since Their 2000 Highs

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

IYW

iShares U.S. Technology ETF

JEPI

JPMorgan Equity Premium...

SCHD

Schwab US Dividend Equity ETF...

BOTZ

Global X Robotics &...

XLK

Technology Select Sector SPDR...

SMH

VanEck Semiconductor ETF


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X