CHRG ISSUER
The Charging Up ETF (CHRG) is actively managed by The Energy & Minerals Group Advisors, LLC (formerly, Element ETFs, LLC). This ETF focuses on investments in financial instruments connected to the essential elements required for the production of batteries and Battery Energy Storage Systems (BESS) used within the electric vehicle and solar industries. These elements primarily encompass lithium, nickel, copper, cobalt, manganese, and graphite. The Charging Up ETF seeks to provide investors with exposure to the growing demand for batteries and BESS in various applications, including electric vehicles, renewable energy, and energy storage systems, contributing to the transition towards cleaner and more sustainable energy sources.
CHRG DIVIDEND
The Global X Charging Infrastructure ETF (CHRG) focuses on companies involved in the electric vehicle (EV) charging infrastructure sector. While CHRG's primary emphasis is on this dynamic industry, dividend enthusiasts will appreciate that the ETF reflects the dividend distribution of its underlying index. These distributions, influenced by the dividend policies and performances of constituent companies, are likely to occur on a periodic basis. Investors in CHRG may find a unique blend of growth potential in the EV charging space along with the prospect of dividend returns, making it a compelling choice for those interested in both sectors.
CHRG TRACKING
Tracking the Battery and Energy Storage Elements ETF is the primary objective of the CHRG ETF. This actively-managed fund, advised by The Energy & Minerals Group Advisors, LLC, focuses its investments on financial instruments linked to essential elements required for battery production and Battery Energy Storage Systems (BESS) used in the electric vehicle and solar industries, including lithium, nickel, copper, and cobalt. The fund may also consider investments related to manganese or graphite. By concentrating on these key elements, CHRG aims to provide investors with exposure to the growing demand for electric vehicle and renewable energy technologies.
CHRG CORRELATION
The correlation aspect of the CHRG Battery & Energy Storage ETF (CHRG) primarily revolves around its concentration in financial instruments linked to elements crucial for battery production and Battery Energy Storage Systems (BESS) used in the electric vehicle and solar industries, including lithium, nickel, copper, and cobalt. CHRG's correlation with the prices of these key elements plays a pivotal role in determining its performance. As these materials' prices fluctuate, the ETF's value is likely to be influenced accordingly. To gain deeper insights into CHRG's correlations with specific elements or sectors, investors can utilize our tool, ETF Insider. Our web app offers comprehensive data visualization and overlap analysis for CHRG and other US ETFs, aiding investors in making informed decisions based on correlations and market trends.
CHRG SECTOR
The CHRG ETF, managed by The Energy & Minerals Group Advisors, LLC, is primarily focused on investments related to elements essential for the production of batteries and Battery Energy Storage Systems (BESS) used in the electric vehicle and solar industries. These elements include lithium, nickel, copper, and cobalt, with potential exposure to manganese and graphite. BESS technology, commonly employed in electricity grids, electric vehicles, solar power installations, and smart homes, stores and distributes electrical energy efficiently. The CHRG ETF seeks to capitalize on the growth in the electric vehicle and renewable energy sectors, though its concentrated focus may entail a higher level of risk compared to more diversified ETFs.
CHRG EXPOSURE
The CHRG ETF, or the Charge Metals ETF, offers exposure to elements vital for battery production and Battery Energy Storage Systems (BESS) used in the electric vehicle and solar industries. The fund primarily invests in lithium, nickel, copper, and cobalt, with the possibility of additional investments in manganese or graphite-related financial instruments. This ETF provides investors with a unique opportunity to capitalize on the growing demand for these essential materials in the renewable energy sector, aligning their portfolios with the sustainability and electrification trends.