FIXT ETF: The Alternative to ESG Climate ETFs
Tackling natural disasters is more than climate change and environmental, social, and governance (ESG)1 initiatives. When a disaster strikes, victims need help, not lessons in carbon offsets. The Procure Disaster Recovery Strategy ETF (NASDAQ: FIXT) focuses on companies that help prepare for meteorological disasters and respond with recovery solutions.
The constituents of FIXT assist companies and governments build infrastructure strong enough to withstand catastrophic weather events. Companies like Verisk* conduct risk analyses. Nvidia* provides modeling projections. AECOM* offers infrastructure consulting services for damage prevention, and Sterling Infrastructure* subsidiaries design and construct disaster resilient roads and buildings.
After a disaster hits, communities need recovery assistance. This can include companies such as Generac* offering backup generators, Clean Harbors* responding to hazardous spills caused by extreme weather events, Xylem* providing solutions for drinkable water, Stantec* monitoring debris flows and mudslides, and Fluor* aiding in debris removal.
Investors may want to consider FIXT and its constituents as the go-to destination when disasters strike. That said, savvy individuals know that it is better to be prepared before natural disasters hit rather than waiting until it is too late. How much FIXT do you own?
1Environmental, social, and corporate governance (ESG) refers to a set of standards used to measure a company’s environmental and social impact. ESG may be considered by shareholders to screen potential investments.
2“U.S. struck with historic number of billion-dollar disasters in 2023,” www.noaa.gov, January 9, 2024.
*As of January 30th, 2024, AECOM (ACM) was a 1.94% holding, Clean Harbors (CLH) was a 2.02% holding, Fluor (FLR) was a 2.02% holding, Generac (GNRC) was a 1.90% holding, Nvidia (NVDA) was a 2.72% holding, Verisk Analytics (VRSK) was a 2.07% holding, Stantec (STN CN) was a 2.06% holding, Sterling Infrastructure (STRL) was a 2.25% holding, Xylem (XYL) was a 2.12% holding in the Procure Disaster Recovery Strategy ETF (NASDAQ: FIXT).
For a complete list of holdings in the Procure Disaster Recovery Strategy ETF, visit https://procureetfs.com/fixt/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Funds investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund’s summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds’ principal risks. It is not possible to invest in an index.
Natural Disaster/Epidemic Risk – Natural or environmental disasters, such as earthquakes, fires, floods, hurricanes, tsunamis and other severe weather-related phenomena generally, and widespread disease, including pandemics and epidemics, have been and may be highly disruptive to economies and markets, adversely impacting individual companies, sectors, industries, markets, currencies, interest and inflation rates, credit ratings, investor sentiment, and other factors affecting the value of the Fund’s investments. Foreign Investment Risks – Foreign securities are typically more volatile, harder to price, and less liquid than U.S. securities.
The Procure Disaster Recovery Strategy ETF is neither associated with, nor endorsed by, the Federal Emergency Management Agency.
The Procure Disaster Recovery Strategy ETF is distributed by Quasar Distributors LLC.