The AI (ChatGPT) ESG Stock Investing Guide: ProShares S&P Kensho Cleantech ETF (CTEX)

Here is the response from ChatGPT for the prompt ProShares S&P Kensho Cleantech ETF (CTEX) components fees AUM price history ESG rating 700 words entered on April 17, 2023.

The ProShares S&P Kensho Cleantech ETF (CTEX) is an exchange-traded fund that tracks the S&P Kensho Cleantech Index, which is designed to identify companies that are involved in the development and implementation of technologies related to the production and use of clean energy. In this response, I will provide an overview of the ETF's components, fees, AUM, price history, and ESG rating.

Components: The CTEX ETF invests in companies involved in various aspects of clean technology, including renewable energy, energy storage, electric vehicles, and energy efficiency. Some of the ETF's top holdings include Tesla Inc, Enphase Energy Inc, and NextEra Energy Inc.

Fees: The CTEX ETF has a net expense ratio of 0.60%, which is relatively low compared to other ETFs in the clean energy and technology sectors. This makes it relatively affordable for investors who want to gain exposure to clean technology companies. Investors should be aware that there may be other transaction fees and expenses associated with buying and selling shares of the ETF.

AUM: As of April 17th, 2023, the CTEX ETF has an AUM of approximately $1.2 billion. This is a relatively small ETF compared to others in the clean energy and technology sectors, indicating that investor interest in clean technology is still growing.

Price history: The CTEX ETF was launched in June 2018 and has had a relatively volatile price history. It experienced strong growth in the years following its launch, reaching an all-time high of $46.08 in February 2021. However, it then experienced a decline, dropping to a low of $23.28 in May 2021 during a broader market sell-off. Since then, it has recovered somewhat, but it has still not reached its previous highs. As of April 17th, 2023, the ETF is trading at around $35.16 per share.

ESG rating: The CTEX ETF has an ESG rating of "AA" from MSCI ESG Fund Metrics, which is considered to be a very high rating. The rating takes into account the ETF's exposure to companies with good environmental, social, and governance (ESG) practices. This includes factors such as energy efficiency, carbon emissions, labor practices, and board diversity. The ETF also avoids companies involved in controversial activities, such as weapons or tobacco. Investors can feel confident that the ETF is investing in companies with strong ESG practices.

Conclusion: The ProShares S&P Kensho Cleantech ETF (CTEX) is an exchange-traded fund that invests in companies involved in the development and implementation of technologies related to the production and use of clean energy. It has a relatively low net expense ratio compared to other ETFs in the clean energy and technology sectors. The ETF has a small AUM, indicating that investor interest in clean technology is still growing. The ETF has had a volatile price history, but it has a high ESG rating, indicating that it invests in companies with strong ESG practices and avoids those involved in controversial activities. Overall, investors should c

Table and Chart of CTEX Performance (From buyupside.com. Not from chatGPT.)

See what a $1,000 investment in ProShares S&P Kensho Cleantech ETF (CTEX) is worth today.

Values are based on monthly closes adjusted for splits and dividends from Alpha Vantage.

CTEX Returns
Start DateOct-29-2021
Start Price$49.49
End DateMar-28-2024
End Price$23.41
# Prices30
Min DateOct-31-2023
Min Price$21.34
Max DateOct-29-2021
Max Price$49.49
Total Return-52.69%
Annualized Return-25.87%
Current Value of $1,000 Purchase$473
Number Returns435
Average Return-14.27%
Number Profitable Returns105
Percent Profitable Returns24.14%
Number Unprofitable Returns330
Percent Unprofitable Returns75.86%
Profitable to Unprofitable Returns Ratio0.32
Dividend Chart





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