BNE — Blue Horizon BNE ETF
Data updated: 2024-09-30
BNE — Blue Horizon BNE ETF. Global (incl. US) Mid Cap Growth Equity · $3.87M AUM · 0.87% expense ratio. Holdings, fees, performance and SEC filings.
BNE Fund Overview
BNE — Blue Horizon BNE ETF is a US ETF managed by ETF Series Solutions, categorised as Global (incl. US) Mid Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: ETF Series Solutions
- Category: Global (incl. US) Mid Cap Growth Equity
- Assets under management: $3.87M
- 1-year return: -18.7%
- Ticker: BNE
- SEC CIK: 0001540305
- SEC series ID: S000070106
- Share class ID: C000223018
BNE Investment Objective and Strategy
Blue Horizon BNE ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by ETF Series Solutions.
Investment objective
The Blue Horizon BNE ETF (the Fund) seeks to track the performance, before fees and expenses, of the Blue Horizon New Energy Economy 100 Index (the Index).
Principal investment strategy
The Fund uses a passive management (or indexing) approach to track the performance, before fees and expenses, of the Index. The Index seeks to track the performance of a portfolio of companies that are leaders, enablers, and beneficiaries of a transformational shift in the way energy is produced, stored, distributed, and consumed. The Index was created in 2020 and is owned by Blue Horizon Capital LLC (Blue Horizon or the Index Provider). Blue Horizon New Energy Economy 100 Index The Index consists of a portfolio of approximately 100 U.S. and foreign companies from the following New Energy Economy Sectors (collectively, companies participating in the New Energy Economy): Electric Vehicles & Other New Energy Consuming Applications Companies whose core products, services, technologies, or intellectual property are being transformed by advances in the way energy is used or consumed ( e.g.
, electric vehicles, portable consumer devices and electronics, devices that improve mobility, and tools). Energy Distribution Companies driving advancements in the distribution of energy ( e.g ., micro grids, distributed energy systems, smart grids, charging infrastructure and services, and related infrastructure). Energy Storage Companies developing new technologies, products, or services for the storage of energy ( e.g ., batteries, thermal units, mechanical units, chemical units, and related battery sub-components). Energy Materials Companies engaged in activities related to the mining and production or refinement of critical elements, critical intermediates, specialty materials, performance materials, advanced material systems, and sub-systems used across the New Energy Economy. Energy Generation Companies engaged in making clean or alternative energy generation more cost effective, safe, and sustainable (e.g.
, energy generation from solar, wind, hydrogen, fusion, fission, geothermal, biofuels, and clean fuels). Companies eligible for inclusion in the Index are those included in the Blue Horizon New Energy Economy Universe (the BH Universe), a proprietary database of companies in the New Energy Economy Sectors listed above. Companies in the BH Universe are then screened for investibility requirements including a market capitalization in excess of $200 million and a minimum average daily value traded of $1 million. Companies in the BH Universe are then further screened for relevance to their applicable New Energy Economy Sectors, and assigned a score based on revenue, market share, growth, and technology leadership relative to their New Energy Economy Sectors. Companies with stronger ties to the New Energy Economy Sectors receive higher scores, and the companies with the highest scores are included in the Index, subject to a maximum of 30 companies in any one New Energy Economy Sector.
The Index is rebalanced semi-annually, and Index constituents are equally weighted at the time of each rebalance. The Index is reconstituted ( i.e. , companies added or removed from the Index) when the Index Provider determines that changes to the Index constituents are appropriate to maintain the integrity of the Indexs theme, e.g. , by removing companies that are no longer a leader in their New Energy Economy Sector or adding companies that have gained relevance in their New Energy Economy Sector. The Funds Investment Strategy The Fund will generally use a replication strategy to achieve its investment objective, meaning the Fund will generally invest in all of the component securities of the Index in the same approximate proportions as in the Index. However, the Fund may use a representative sampling strategy, meaning it may invest in a sample of the securities in the Index whose risk, return, and other characteristics closely resemble the risk, return, and other characteristics of the Index as a whole, when the Funds adviser believes it is in the best interests of the Fund ( e.g.
, when replicating the Index involves practical difficulties or substantial costs, an Index constituent becomes temporarily illiquid, unavailable, or less liquid, or as a result of legal restrictions or limitations that apply to the Fund but not to the Index). The Fund concentrates ( i.e. , hold more than 25% of its total assets) in securities of an industry or group of related industries to approximately the same extent as the Index. As of October 31, 2023, the Index was not concentrated in any industry or group of related industries; however, securities in the energy, industrial, and materials sectors made up a significant portion of the Index.
BNE Holdings
Top 10 holdings of Blue Horizon BNE ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Siemens Energy AG | 1.87% |
| Prysmian SpA | 1.40% |
| First Solar Inc | 1.39% |
| AeroVironment Inc | 1.38% |
| Itron Inc | 1.34% |
| NextEra Energy Inc | 1.30% |
| CMOC Group Ltd | 1.30% |
| Wartsila OYJ Abp | 1.26% |
| Southern Copper Corp | 1.25% |
| Carrier Global Corp | 1.23% |
BNE Portfolio Allocation
Asset-class allocation of Blue Horizon BNE ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
| Cash & Equivalents | 0.5% |
BNE Performance
Total returns for BNE (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -18.7% |
| 3 years (annualised) | -7.7% |
BNE Risk Information
Risk metrics for BNE, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 27.7%
BNE Costs and Fees
BNE costs about $87 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.87%
- Gross expense ratio: 0.89%
- Portfolio turnover: 56%
- Brokerage commissions: 6.97 bps of average net assets (SEC N-CEN)
BNE Cashflows
Over the 12 months to 2024-07, Blue Horizon BNE ETF had net outflows of $1.14M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-07 | $0 |
| 2024-06 | $0 |
| 2024-05 | −$592.43K |
| 2024-04 | −$548.64K |
| 2024-03 | $0 |
| 2024-02 | $0 |
BNE Debt Constituents
No individual debt constituents are reported in Blue Horizon BNE ETF's latest SEC N-PORT filing.
BNE Prospectus and SEC Filings
Official Blue Horizon BNE ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-23
- Prospectus (485BPOS) — filed 2023-02-22
- Prospectus (485BPOS) — filed 2022-02-24
- Portfolio holdings (N-PORT) — filed 2024-09-30
- Portfolio holdings (N-PORT) — filed 2024-06-13
- Portfolio holdings (N-PORT) — filed 2024-04-01
- Annual census (N-CEN) — filed 2024-01-16
- Annual census (N-CEN) — filed 2023-01-17
Related Funds
Other Global (incl. US) Mid Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.