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Name

As of 04/29/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Touchstone Climate Transition ETF

HEAT | Active ETF

$25.21

$11.2 M

0.75%

$0.19

1.77%

Vitals

YTD Return

0.5%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$11.2 M

Holdings in Top 10

26.6%

52 WEEK LOW AND HIGH

$25.0
$21.63
$27.29

Expenses

OPERATING FEES

Expense Ratio 1.77%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 04/29/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Touchstone Climate Transition ETF

HEAT | Active ETF

$25.21

$11.2 M

0.75%

$0.19

1.77%

HEAT - Profile

Distributions

  • YTD Total Return 0.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Touchstone Climate Transition ETF
  • Fund Family Name
    Touchstone Funds
  • Inception Date
    May 02, 2023
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund invests, under normal market conditions, at least 80% of its net assets (including borrowings for investment purposes) in companies that benefit from a transitioning climate environment. The Fund invests in equity and equity-related securities of three categories of companies, as further described below, that the Fund’s Sub-Adviser believes may benefit from climate transition impacts. Equity securities generally include common stocks, preferred stocks, depositary receipts such as American Depositary Receipts (“ADRs”), Global Depositary Receipts (“GDRs”) and European Depositary Receipts (“EDRs”), and interests in other investment companies that invest in equity securities. Equity-related securities generally include warrants and options, which may be listed on an exchange or traded over-the-counter.The Fund is actively managed and the sub-adviser, Lombard Odier Asset Management (USA) Corp. doing business as Lombard Odier Investment Managers (“Lombard Odier” or the “Sub-Adviser”), may invest in companies globally (including emerging markets) of any size across all sectors. Using the Sub-Adviser’s proprietary ESG and sustainability profiling methodologies, the Sub-Adviser seeks to invest in high-quality companies with strong financial models, business practices and business models reflecting resilience and the ability to evolve and benefit from long-term structural trends.In selecting investments for the Fund, the Sub-Adviser seeks to identify and invests in three categories of companies that may benefit from climate transition impacts: solution providers, transition leaders, and adaptation opportunities (collectively, the “climate transition investment universe”).•Solution providers: Companies that propose and/or create innovative solutions to reduce or capture carbon coming from the use of fossil fuel or avoid emitting carbon by deploying new alternatives. Solution providers include, but are not limited to, energy efficiency and renewable energy providers.•Transition leaders: Carbon-intensive industrial companies shifting to more sustainable and/or less carbon-intensive methods of production. Transition candidates typically operate in hard to abate carbon-intensive industries whose transition to a cleaner model will unlock strong competitive advantages as regulations tighten or as carbon-related costs increase.•Adaptation opportunities: Companies that benefit from the cost of adapting to climate change. Adaptation candidates may include companies that make infrastructure more climate-compatible in a climate-impacted environment or other types of companies (e.g., insurance companies, financial services firms) that may contribute to the adaptation of our society to the various consequences of climate change.From this climate transition investment universe, the Sub-Adviser narrows the universe based on companies with strong capital efficiency, strong cash generation, and limited dependency on external capital. The Sub-Adviser then employs a high-conviction approach to individual investment selection and will typically, under normal conditions, hold 40-60 stocks.To identify the climate transition investment universe, the Sub-Adviser uses a combination of quantitative screening and forward-looking qualitative judgment. Screening of companies is accomplished via a proprietary ESG and sustainability profiling process referred to as the Lombard Odier ESG/Sustainability Industrial Materiality Rating Methodology (the “Methodology”). The Methodology identifies the most relevant sustainability framework for each industry in order to focus on the most important sustainability-related issues that may affect a particular company. The Methodology enhances the Sub-Adviser’s ability to monitor a company’s progress on the most relevant sector-specific issues for long-term sustainability, and engage with companies regarding material issues.The Sub-Adviser further seeks to exclude companies from investment that are involved (either directly or via ownership) in production, research and development, maintenance/services/management, system integration, testing, sales/trade of controversial weapons. The Sub-Adviser also seeks to restrict from the climate transition investment universe: (i) tobacco companies deriving more than 10% of their revenues from either production of tobacco products or retailing of tobacco products/services; (ii) thermal coal (mining and power generation) companies deriving more than 10% of their revenues from thermal coal extraction and from coal power generation; (iii) unconventional oil and gas companies deriving more than 10% in aggregate of their revenues from any of tar sands, shale gas and oil, and arctic oil and gas exploration; and (iv) companies that are involved in the most severe breaches of the UN Global Compact Principles.The Fund may invest in both developed and emerging markets. Emerging markets are defined as those countries included in the MSCI Emerging Markets Index. As part of its emerging markets exposure, the Fund may also invest in shares issued by mainland China-incorporated companies (including China A-Shares) that trade on exchanges.Up to 20% of the Fund’s assets may be invested outside of these parameters, including but not limited to investments in cash and cash equivalents (including short-term asset-backed securities (“ABS”) and mortgage-backed securities (“MBS”), which may represent up to 10% of investments in cash and cash equivalents). The Fund may hold cash and cash equivalents in order to achieve its investment goals or in case of unfavorable market conditions.
Read More

HEAT - Performance

Return Ranking - Trailing

Period HEAT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period HEAT Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period HEAT Return Category Return Low Category Return High Rank in Category (%)
YTD 0.5% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period HEAT Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

HEAT - Holdings

Concentration Analysis

HEAT Category Low Category High HEAT % Rank
Net Assets 11.2 M N/A N/A N/A
Number of Holdings 56 N/A N/A N/A
Net Assets in Top 10 3 M N/A N/A N/A
Weighting of Top 10 26.61% N/A N/A N/A

Top 10 Holdings

  1. Compass Group PLC ORD GBP0.1105 2.93%
  2. Nextera Energy Inc COM USD0.01 2.80%
  3. CSX Corporation COM USD1 2.77%
  4. Autodesk Inc COM USD0.01 2.69%
  5. RWE AG NPV 2.67%
  6. CMS Energy Corporation COM USD0.01 2.66%
  7. Sse PLC GBP0.50 2.54%
  8. Taiwan Semiconductor Manufacturing Co., Ltd. SPON ADS REP 5 ORD TWD10 2.52%
  9. Hexcel Corporation COM USD0.01 2.52%
  10. National Grid PLC ORD GBP0.12431289 2.51%

Asset Allocation

Weighting Return Low Return High HEAT % Rank
Stocks 		99.77% N/A N/A N/A
Cash 		2.15% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Other 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A
Bonds 		0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High HEAT % Rank
Utilities 		0.00% N/A N/A N/A
Technology 		0.00% N/A N/A N/A
Real Estate 		0.00% N/A N/A N/A
Industrials 		0.00% N/A N/A N/A
Healthcare 		0.00% N/A N/A N/A
Financial Services 		0.00% N/A N/A N/A
Energy 		0.00% N/A N/A N/A
Communication Services 		0.00% N/A N/A N/A
Consumer Defense 		0.00% N/A N/A N/A
Consumer Cyclical 		0.00% N/A N/A N/A
Basic Materials 		0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High HEAT % Rank
US 		63.02% N/A N/A N/A
Non US 		36.75% N/A N/A N/A

HEAT - Expenses

Operational Fees

HEAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.77% N/A N/A N/A
Management Fee 0.65% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

HEAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

HEAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HEAT Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

HEAT - Distributions

Dividend Yield Analysis

HEAT Category Low Category High HEAT % Rank
Dividend Yield 0.75% N/A N/A N/A

Dividend Distribution Analysis

HEAT Category Low Category High Category Mod
Dividend Distribution Frequency Annual

Net Income Ratio Analysis

HEAT Category Low Category High HEAT % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

HEAT Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

HEAT - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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