NZRO — Strategy Shares Halt Climate Change ETF
Data updated: 2023-09-26
NZRO — Strategy Shares Halt Climate Change ETF. Emerging Markets Blend / Core Equity · $1.15M AUM. Holdings, fees, performance and SEC filings.
NZRO Fund Overview
NZRO — Strategy Shares Halt Climate Change ETF is a US ETF managed by Strategy Shares, categorised as Emerging Markets Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Strategy Shares
- Category: Emerging Markets Blend / Core Equity
- Assets under management: $1.15M
- 1-year return: 3.2%
- Ticker: NZRO
- SEC CIK: 0001506213
- SEC series ID: S000073809
- Share class ID: C000231004
NZRO Investment Objective and Strategy
Strategy Shares Halt Climate Change ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Strategy Shares.
Investment objective
The Fund?s investment objective is to seek long-term capital appreciation.
Principal investment strategy
The Fund seeks to achieve its investment objective by investing in the equity securities of companies that are committed to curbing or mitigating the deleterious effects of climate change. The equity securities in which the Fund may invest include common stock and American Depositary Receipts (?ADRs?). The Fund may invest in companies domiciled in any country, including emerging markets, and may invest in companies of any market capitalization. Under normal market conditions, the Fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the securities of climate conscious and environmentally friendly companies, with a focus on the reduction of carbon emissions (?Halt Climate Change Companies?), as determined by Rational Advisors, Inc., the Fund?s investment advisor (the ?Advisor?).
The Fund defines Halt Climate Change Companies as those that meet one or more of the carbon impact criteria set forth below: ? Direct commitment to net zero or reduced carbon emissions through a company climate pledge or involvement in initiatives such as the Paris Agreement, The Climate Pledge or other similar types of accords. ? Companies deriving at least 50% of their revenues or profit from, or devoting at least 50% of their assets to activities focused on advancing the progress of reducing carbon emissions through alternative energy innovation in clean transportation as well as industrial efficiency, technological advancements in electrification, climate-conscious value chains and other similar initiatives. ? Companies that invest a significant portion of their capital expenditures in new processes and business segments that seek to accelerate the global transition of fossil fuel related energy to renewable energy, with the intention of such activities becoming a significant part of their business.
The Fund will not invest in any company whose principal business function is related to the extraction, development or transportation of oil, gas or other fossil fuels. The Advisor selects securities of companies for the Fund?s portfolio and weights them in the Fund?s portfolio based on a review of various fundamental factors of a Halt Climate Change Company?s risk return potential. Fundamental factors evaluated by the Advisor include the company?s financial statements, business model, credit metrics, financial ratios, valuations, and other company-specific characteristics (which include, but are not limited to sector, industry, and market capitalization). Companies that the Advisor believes to have higher risk return potential receive greater weights in the Fund?s portfolio. The Fund will sell a company when it no longer meets the Advisor?s criteria to be classified as a Halt Climate Change company and/or when the Advisor believes that the company no longer has a high risk return potential relative to others within the Fund?s investment universe.
The Fund is classified as ?non-diversified? for purposes of the Investment Company Act of 1940, as amended (the ?1940 Act?), which means a relatively high percentage of the Fund?s assets may be invested in the securities of a limited number of issuers.
NZRO Performance
Total returns for NZRO (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 3.2% |
NZRO Risk Information
Risk metrics for NZRO, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 19.1%
NZRO Costs and Fees
NZRO costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.95%
- Portfolio turnover: 5%
- Brokerage commissions: 0.40 bps of average net assets (SEC N-CEN)
NZRO Cashflows
Over the 12 months to 2023-07, Strategy Shares Halt Climate Change ETF had net inflows of $0, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-07 | $0 |
| 2023-06 | $0 |
| 2023-05 | $0 |
| 2023-04 | $0 |
| 2023-03 | $0 |
| 2023-02 | $0 |
NZRO Debt Constituents
No individual debt constituents are reported in Strategy Shares Halt Climate Change ETF's latest SEC N-PORT filing.
NZRO Prospectus and SEC Filings
Official Strategy Shares Halt Climate Change ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-08-25
- Prospectus (485BPOS) — filed 2022-08-26
- Prospectus (485BPOS) — filed 2022-01-07
- Portfolio holdings (N-PORT) — filed 2023-09-26
- Portfolio holdings (N-PORT) — filed 2023-06-26
- Portfolio holdings (N-PORT) — filed 2023-03-30
- Annual census (N-CEN) — filed 2023-07-11
- Annual census (N-CEN) — filed 2022-07-12
Related Funds
Other Emerging Markets Blend / Core 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.