VEGN ISSUER
The Beyond Advisors IC is the issuer behind the US Vegan Climate ETF (VEGN). Founded in 2018, the Index Provider and parent company of the Fund's investment adviser, Beyond Investing LLC, developed the Vegan Climate Index with the aim of addressing the concerns of vegans, animal lovers, and environmentalists. The Index systematically excludes companies involved in activities that contribute to animal suffering, environmental destruction, and climate change, making VEGN a unique investment vehicle for those who want to align their investments with their values. VEGN is constructed based on a set of stringent rules that filter out companies engaged in Prohibited Activities related to animals, the planet, and people, offering investors an opportunity to support ethical and sustainable investing practices.
VEGN DIVIDEND
The US Vegan Climate ETF (VEGN) offers investors a unique approach to investing with a focus on ethical and sustainable criteria. While VEGN's primary goal is to track the performance of the Beyond Investing US Vegan Climate Index, it may not emphasize dividends. Dividend distributions, if any, depend on the dividend policies and performances of the companies within the index. VEGN's underlying index selects companies based on their commitment to avoiding activities that contribute to animal suffering, environmental destruction, and climate change, which could impact the dividend eligibility of its constituents.
VEGN TRACKING
The Beyond Investing US Vegan Climate ETF, represented by the ticker symbol VEGN, is designed to track the Beyond Investing US Vegan Climate Index. The index was created in 2018 by Beyond Advisors IC and is aimed at addressing the concerns of vegans, animal lovers, and environmentalists by avoiding investments in companies engaged in activities contributing to animal suffering, environmental destruction, and climate change. VEGN tracks a selection of large-cap U.S.-listed companies that adhere to stringent ethical criteria, excluding those involved in activities such as animal testing, fossil fuel extraction, tobacco production, and more. This ETF offers investors an opportunity to align their investments with their values while seeking returns from companies dedicated to sustainability and animal welfare.
VEGN CORRELATION
The correlation aspect of the Beyond Investing US Vegan Climate Index ETF (VEGN) focuses on the ETF's unique approach to ethical investing. VEGN is designed to track the performance of companies that avoid activities contributing to animal suffering, environmental destruction, and climate change. As a result, its correlation with traditional market indices may vary considerably, making it an intriguing option for investors seeking socially responsible investments. Investors often turn to ETF Insider's web app to study VEGN's correlations with other assets, helping them make informed decisions and gain insights into its impact on broader market trends.
VEGN SECTOR
The Beyond Investing US Vegan Climate ETF (VEGN) focuses on socially responsible investing by excluding companies involved in activities that contribute to animal suffering, environmental destruction, and climate change. The fund utilizes a passive management approach to track the Beyond Investing US Vegan Climate Index, which excludes businesses engaged in animal testing, animal farming, fossil fuel extraction, tobacco production, armaments, and human rights abuses, among others. As of October 31, 2022, the ETF had holdings primarily in the communications services, financial, and information technology sectors, aligning its investments with ethical and environmental principles while seeking to achieve competitive returns for investors.
VEGN EXPOSURE
The exposure characteristic of the Beyond Investing US Vegan Climate Index (VEGN) is unique, as it aims to cater to the preferences of vegans, animal lovers, and environmentalists. VEGN focuses on excluding companies involved in activities that directly contribute to animal suffering, destruction of the natural environment, and climate change. This index primarily consists of U.S.-listed large-cap companies that derive a minimal proportion of their revenue from prohibited activities in the areas of animals, planet, and people. As of October 31, 2022, VEGN was comprised of 250 companies, with a notable presence in the communications services, financial, and information technology sectors.