ETHO
Etho Climate Leadership U.S. ETF
The Etho Climate Leadership U.S. ETF tracks the performance of an index that selects U.S. equities of companies that exhibit the least carbon impact within its industry, with an equal weight to each selected company. Certain industries are excluded altogether.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
160.9 M
ASSETS UNDER MGMT
47 bp
EXPENSES
Fund Basics
| Fund sponsor | ETF Managers Group |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Nov 18, 2015 |
| Assets (mns) | $161 |
| Expense ratio | 47 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | Annually |
| Taxation | 1099 |
| Stock selection | Principles-based |
| Weighting | Equal |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| ARROWHEAD PHARMACEUTICALS, INC. | 1.5 % |
| LUMENTUM HOLDINGS INC | 1.4 % |
| BLOOM ENERGY CORPORATION CLASS A | 1.3 % |
| CIENA CORP | 1.0 % |
| SUNRUN INC. | 0.8 % |
| WAYFAIR INC- CLASS A | 0.8 % |
| AMKOR TECHNOLOGY INC | 0.7 % |
| FIVE BELOW | 0.7 % |
| IRONWOOD PHARMACEUTICALS INC | 0.7 % |
| MONGODB, INC. CLASS A | 0.6 % |
Constituent Breakdown
| Number of holdings | 307 |
| Herfindahl-Hirschman Index | 40 |
| Wgt avg mkt cap (mns) | $101,871 |
| Large cap (>$10bn) | 44.4% |
| Mid cap ($2-10bn) | 39.6% |
| Small cap (<$2bn) | 14.2% |
| Developed mkts. | 98.5% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 97.0 % |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 9.6% | 2.3% | 12.7% | 7.3% | 5.4% | 10.0% | -- | 10.1% |
| Dividend Yield | 0.0% | 0.2% | 0.8% | 1.0% | 0.9% | 1.0% | -- | 1.0% |
| Total Returns | 9.6% | 2.5% | 13.5% | 8.3% | 6.4% | 11.0% | -- | 11.1% | Ann. Volatility | 22.6% | 22.2% | 19.5% | 18.7% | 20.0% | 20.4% | -- | 20.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.02 | 83% |
| MSCI EAFE | 0.99 | 55% |
| MSCI Emg Mkts | 0.89 | 51% |
Liquidity Measures
| Avg. volume (000) | 7 |
| ADV traded (mns) | $0 |
| Turnover | 0.3% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $65.54 |
| Relative strength (RSI) | 57 |
| MACD/Signal | 0.65/0.70 |
| Bollinger Bands (Upper/Lower) | $68.44/$63.48 |
| Short interest (% of AUM) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. ETHO |
Expenses vs. ETHO |
ALTAR Score™ vs. ETHO |
|---|---|---|---|---|
| GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 21.9% | -38 bp | +6.2% |
| FAD | First Trust Multi Cap Growth AlphaDEX Fund | 21.4% | +17 bp | +1.2% |
| VBK | Vanguard Small-Cap Growth ETF | 20.3% | -40 bp | +1.7% |
| XJH | iShares ESG Screened S&P Mid-Cap ETF | 20.2% | -35 bp | +7.1% |
| BFOR | ALPS Barron's 400 ETF | 19.9% | +18 bp | +5.8% |
| SCHM | Schwab U.S. Mid-Cap ETF | 19.8% | -43 bp | +6.9% |
| MDY | SPDR S&P Midcap 400 ETF Trust | 19.8% | -23 bp | +7.0% |
| IJH | iShares Core S&P Mid-Cap ETF | 19.8% | -42 bp | +7.2% |
| EUSA | iShares MSCI USA Equal Weighted ETF | 19.7% | -38 bp | +6.3% |
| SIZE | iShares MSCI USA Size Factor ETF | 19.6% | -32 bp | +6.2% |
Risk and Returns: ETHO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2024 | 2025 | 2026 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 12/25/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
NEUTRAL
Average appreciation potential. A rating of NEUTRAL is assigned to ETFs with ALTAR Scores in the middle quintile (ranking between 40%-60%) of their category. This indicates that valuations adequately reflect the fundamentals of stocks in these funds.
ALTAR Score™
ETHO
5.3%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 1019 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.3%. ETHO's ALTAR Score™ is approximately
0.2 standard deviations
below
the category average. This places ETHO in the 44th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
ETHOSELL
U/W
HOLD
O/W
BUY