OCEN ETF ANALYSIS

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OCEN ETF FUNDAMENTALS
OCEN ETF PERFORMANCE

OCEN ISSUER

The OCEN ETF, known as the Impact Shares Ocean Sustainability ETF, is managed by Impact Shares, a leading issuer of socially responsible exchange-traded funds. Impact Shares collaborates with IndexIQ LLC, with Candriam serving as the index consultant for the ETF. The fund's investment strategy follows a passive management approach, aiming to replicate the performance of the Underlying Index, which incorporates thematic selection criteria focused on companies contributing to cleaner oceans by reducing pollution and enhancing resource efficiency. OCEN ETF represents a socially conscious investment opportunity for those interested in supporting ocean sustainability efforts.

OCEN DIVIDEND

While the OCEN Dividend ETF primarily prioritizes high dividend yields, its dividend distribution strategy depends on the income generated by its portfolio of income-producing assets, including bonds, preferred stocks, and dividend-paying equities. OCEN typically distributes dividends on a monthly or quarterly basis, depending on the income generated from its underlying assets. Investors seeking a consistent stream of income may find OCEN appealing, as it adheres to a policy of distributing a significant portion of its earnings as dividends to shareholders.

OCEN TRACKING

The OCEN ETF employs a passive management investment approach, aiming to closely track the performance of the Underlying Index, which was developed by IndexIQ LLC with Candriam acting as the index consultant. This index incorporates thematic selection criteria focused on companies contributing to cleaner oceans through pollution reduction and increased resource efficiency. By holding a diversified portfolio of such equities, the OCEN ETF aligns with the index's mission, making it a preferred choice for environmentally conscious investors seeking exposure to this theme.

OCEN CORRELATION

The correlation aspect of the OceanFirst Financial Corp. Sustainable Ocean ETF (OCEN) is tied to its passive management investment approach, designed to track the performance of the Underlying Index, developed by IndexIQ LLC in consultation with Candriam. This ETF's correlation is unique, as it incorporates thematic selection criteria aimed at providing exposure to equity securities of companies contributing to cleaner oceans through reduced pollution and increased resource efficiency. While OCEN's correlation with traditional market benchmarks may not be as straightforward, it offers investors a unique avenue for aligning their portfolios with sustainability goals. To delve deeper into OCEN's correlations with other assets and sectors, ETF Insider's web app provides a valuable tool, offering in-depth data and visualization to help investors make informed decisions and identify overlap with their investment strategies.

OCEN SECTOR

The OCEN ETF focuses on environmentally responsible investing, particularly in companies that contribute to cleaner oceans through pollution reduction and resource efficiency. This sector aligns with the ETF's underlying index, which employs a passive management approach to track companies making strides in ocean protection. By investing in this sector, investors can support sustainability efforts while potentially benefiting from the growth potential of environmentally conscious businesses.

OCEN EXPOSURE

The exposure characteristic of the OCEN ETF (Exchange-Traded Fund) is focused on tracking the performance of companies included in the Nasdaq-100® Index that meet stringent environmental, social, and governance (ESG) criteria set by Nasdaq, Inc. The underlying index, which forms the basis for OCEN, comprises 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market LLC based on market capitalization. OCEN aims to provide investors with exposure to this select group of companies that adhere to ESG principles and exclude those engaged in certain prohibited activities such as Arctic oil and gas exploration, cannabis development, and controversial weapons manufacturing.

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FREQUENTLY ASKED QUESTIONS

Can you explain the correlation of OCEN with the U.S. equity market?
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How does OCEN provide exposure to the U.S. equity market?
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How does OCEN's dividend strategy compare to other funds like QQQ and IWM?
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What does OCEN mean on the stock market?
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What does OCEN stand for on the stock market?
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What is the sector composition of OCEN?
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