Alternative Investments/ESG: USCF Launches ETF Focused On Battery Metals

USCF is a leading ETF/ETP issuer across commodity and equity asset classes.

USCF announced the launch of the USCF Sustainable Battery Metals Strategy Fund (NYSEARCA: ZSB), an actively managed ETF that seeks to earn its returns from exposure to battery metals, for example metals such as cobalt, copper, iron ore, lithium, nickel, and other metals currently used in battery and electrification infrastructure. (ETFTrends/VettaFi)

USCF Sustainable Battery Metals Strategy Fund (NYSEARCA: ZSB)

The new ETF will achieve its exposure to battery metals through investing primarily in metals derivative instruments (such as futures and swaps, options and forwards) and, to a lesser extent, the equity securities of companies that are economically tied to the metals that are necessary for batteries and electrification.

The fund uses a proprietary multi-factor quantitative methodology to identify the metals for investment and the instruments could include industrial metals, precious metals, and rare earth metals that are used in batteries, battery charging infrastructure, and sustainable energy generation and storage infrastructure.

Specific metals may be added or removed as eligible metals when changes occur in the evolution of battery and electrification metals technology, and when exposure to these metals can be obtained.

The fund will assume equity exposure though the stocks of US and foreign companies that derive most of their revenue from the mining, processing, production, refining, recycling, and other related activities of such metals.

The ETF carries an expense ratio of 0.59%.


“The energy transition is here, and we believe that demand for certain metals should increase as the global economy undergoes a process known as electrification,” said John Love, president and CEO of USCF, in a news release. “During electrification, energy derived from sustainable sources such as wind, solar, and hydroelectric power will gradually replace energy generated by fossil fuels.”

“The infrastructure needed to produce and store that energy, such as in Electric Vehicle batteries, will require substantial amounts of certain metals. As a result, electrification may lead to rising prices for these metals over time,” Love added.

Related Story:  Element Launches ETF Focused On Future Energy Metals

Photo by Newpowa on Unsplash

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