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Rating:65Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several top holdings, such as Nvidia and Vertiv Holdings, have delivered strong year-to-date performance, driving the fund's returns.
Sector Diversification
The ETF is spread across multiple sectors, including Technology, Industrials, and Consumer Cyclical, reducing reliance on any single industry.
Global Exposure
The fund includes investments in companies from diverse regions like the UK, Hong Kong, and Japan, offering international diversification.
Negative Factors
High Expense Ratio
The ETF has a relatively high expense ratio compared to many other funds, which could eat into investor returns over time.
Overweight in Technology
With over 26% of the portfolio allocated to Technology, the fund is heavily exposed to potential volatility in this sector.
Small Asset Base
The ETF has a relatively low amount of assets under management, which may lead to lower liquidity and higher trading costs for investors.
HEAT vs. SPDR S&P 500 ETF (SPY)
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Forecast
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HEAT Summary
The Touchstone Climate Transition ETF (HEAT) is an investment fund focused on companies driving solutions for climate change and sustainability. It includes businesses in sectors like technology and industrials, with well-known names such as Nvidia and ASML Holding NV among its top holdings. HEAT is ideal for investors who want to support environmental progress while potentially benefiting from growth in renewable energy and energy-efficient technologies. However, new investors should be aware that its performance can fluctuate with market conditions and is heavily influenced by trends in the sustainability sector.
How much will it cost me?The Touchstone Climate Transition ETF (HEAT) has an expense ratio of 0.69%, meaning you’ll pay $6.90 per year for every $1,000 invested. This is higher than average because it is actively managed, focusing on companies driving climate transition, which requires more research and expertise compared to passively managed funds. It’s a cost to consider if you value the targeted approach toward sustainability.
What would affect this ETF?The Touchstone Climate Transition ETF (HEAT) could benefit from increasing global focus on renewable energy and climate-friendly technologies, as governments and businesses prioritize sustainability initiatives. However, potential risks include regulatory changes or reduced funding for green projects, as well as economic downturns that could impact the performance of sectors like technology and industrials, which make up a significant portion of the ETF’s holdings.
HEAT Top 10 Holdings
The Touchstone Climate Transition ETF (HEAT) is riding the wave of sustainability, with a strong focus on technology and industrials driving its performance. Nvidia, a key holding, has shown mixed results recently, with long-term AI growth potential offset by short-term challenges. Alphabet is a bright spot, steadily rising thanks to its investments in AI and cloud services. Meanwhile, Amazon is lagging, weighed down by short-term weakness despite its robust AWS growth. The fund’s global exposure and emphasis on climate-centric innovation make it a compelling choice for environmentally-conscious investors, though its reliance on a few big names adds some risk.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 2.98% | $411.30K | $4.32T | 30.81% | 76 Outperform | |
| ― | 2.77% | $382.43K | ― | ― | ― | |
| Alphabet Class A | 2.43% | $335.58K | $3.71T | 57.49% | 85 Outperform | |
| Steel Dynamics | 2.41% | $333.28K | $24.70B | 49.83% | 76 Outperform | |
| NextEra Energy | 2.26% | $311.49K | $169.36B | 15.08% | 71 Outperform | |
| Thermo Fisher | 2.22% | $306.74K | $214.21B | 8.88% | 72 Outperform | |
| SSE | 2.17% | $300.07K | £25.52B | 33.70% | 74 Outperform | |
| Amazon | 2.15% | $297.21K | $2.38T | 1.55% | 71 Outperform | |
| First Solar | 2.12% | $293.02K | $27.74B | 48.84% | 75 Outperform | |
| CSX | 2.06% | $285.10K | $68.53B | 15.93% | 78 Outperform |
HEAT Technical Analysis
Positive
―
Price Trends
30.76
Negative
30.41
Positive
28.57
Positive
Market Momentum
<0.01
Positive
50.41
Neutral
38.89
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For HEAT, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 30.72, equal to the 50-day MA of 30.76, and equal to the 200-day MA of 28.57, indicating a neutral trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.41 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HEAT.
HEAT Peer Comparison
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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