Range Global Coal Index ETF - A Comprehensive Guide

The Range Global Coal Index ETF is a popular investment option for those looking to tap into the coal market. It's designed to track the performance of the global coal industry.

The fund's underlying index is made up of 30 coal companies from around the world, giving investors a broad exposure to the sector. This diversification can help reduce risk and increase potential returns.

Investors can buy and sell shares of the ETF through various online brokerages, making it a convenient option for those already familiar with the stock market.

The Fund Details of the Range Global Coal Index ETF are quite straightforward. The Legal Name is Range Global Coal Index ETF, and the Fund Family Name is EXCHANGE TRADED CONCEPTS TRUST.

The Inception Date of this ETF is January 24, 2024, which means it's a relatively new fund. It's worth noting that the Shares Outstanding and Share Class are both listed as N/A, which suggests that this information is not currently available.

This ETF is denominated in USD and is domiciled in the US.

The fund details of the Range Global Coal Index ETF are quite interesting. The legal name of the fund is Range Global Coal Index ETF, and it's part of the Exchange Traded Concepts Trust family.

The fund has an inception date of January 24, 2024, which is a relatively recent start. Unfortunately, the shares outstanding and share class information are not available.

The fund is denominated in USD and is domiciled in the United States. This is a key point to consider for investors looking to diversify their portfolios.

Here are the key characteristics of the fund's industry classification:

These classification details can help investors understand the fund's underlying holdings and potential risks.

Range Global is a multi-asset fund that invests in a diversified portfolio of global assets.

The fund is denominated in USD, making it a great option for investors who want to invest in a global portfolio without worrying about currency fluctuations.

The fund's investment strategy involves investing in a range of assets, including stocks, bonds, and commodities, to provide a stable source of returns.

The fund has a moderate risk profile, with a risk level of 5 out of 10, making it suitable for investors who are looking for a balanced investment option.

The fund's net asset value (NAV) is calculated daily, providing investors with up-to-date information on the fund's performance.

The VanEck Vectors Coal ETF had a notable portfolio, especially considering it's no longer in operation. As of its last available data, the fund invested in stocks of companies operating in the coal and consumable fuels sectors.

The fund's holdings were diverse, with investments in various companies across different market capitalizations. It used a full replication technique to track the performance of the MVIS Global Coal Index.

Let's take a look at the top 10 holdings of the VanEck Vectors Coal ETF. Here are the top 10 holdings:

These holdings give us an idea of the types of companies the fund invested in and their relative importance in the portfolio.

The coal industry is facing significant challenges, partly due to its contribution to climate change. According to a UN panel, global temperatures could reach an irreversible tipping point in just 12 years if drastic action is not taken to lower carbon dioxide emissions.

The coal industry's dominance is being threatened by the shift towards renewable energy sources. The VanEck Vectors Coal ETF remains a dominant energy supplier, but its long-term prospects are uncertain.

Time is running out for the coal industry to adapt to changing environmental regulations. California has joined 20 other states in filing a 400-page repudiation of the proposal to relax vehicle fuel economy standards.

Here are some key statistics on the performance of various companies in the energy sector:

The recent performance of the VanEck Vectors Coal ETF's related stocks is a cause for concern, with several companies experiencing significant losses.