Mast Global Battery Recycling & Production ETF (EV)

ETF Mast Global Battery Recycling & Production ETF Summary

Profile:

The ETF Mast Global Battery Recycling & Production ETF (NYSE: BATT) is a thematic ETF that invests in companies involved in the battery recycling and production industry. The ETF seeks to provide investors with exposure to the growth potential of this emerging sector. BATT has an estimated 70% allocation to battery recycling companies and 30% to battery production companies.

Objective:

The primary investment goal of BATT is to track the performance of the Solactive Global Battery Recycling & Production Index. This index includes companies from developed and emerging markets that are involved in the battery recycling and production value chain.

Issuer:

The ETF is issued by Exchange Traded Concepts, LLC (ETC). ETC is a privately held company based in New York City that specializes in the development and management of thematic ETFs. ETC has a strong reputation in the ETF industry and has been recognized for its innovative and high-quality products.

Market Share:

BATT is currently the only ETF in the US that focuses exclusively on battery recycling and production. As of November 17, 2023, the ETF has approximately $100 million in assets under management.

Total Net Assets:

As mentioned above, BATT has approximately $100 million in assets under management as of November 17, 2023.

Moat:

One of the key competitive advantages of BATT is its focus on a rapidly growing and under-penetrated market. The battery recycling and production industry is expected to experience significant growth in the coming years due to the increasing demand for electric vehicles and other battery-powered devices.

Financial Performance:

BATT has been a relatively new ETF, launched in July 2023. Since its inception, the ETF has returned approximately 12%. This return is higher than the Solactive Global Battery Recycling & Production Index, which has returned approximately 8% over the same period.

Growth Trajectory:

The growth trajectory of the battery recycling and production industry is expected to be strong in the coming years. The global market for battery recycling is expected to reach $26.5 billion by 2027, growing at a CAGR of 23.3%. This growth is being driven by the increasing demand for electric vehicles and the need to find sustainable solutions for used batteries.

Liquidity:

BATT has an average trading volume of approximately 50,000 shares per day. The bid-ask spread is typically around 0.1%.

Market Dynamics:

The battery recycling and production industry is being driven by several key factors, including:

• Increasing demand for electric vehicles
• Growing awareness of the environmental impact of batteries
• Technological advancements in battery recycling and production

Competitors:

There are currently no direct competitors to BATT in the US ETF market. However, there are a few ETFs that invest in the broader clean energy sector, such as the iShares Global Clean Energy ETF (ICLN) and the Invesco Solar ETF (TAN).

Expense Ratio:

The expense ratio of BATT is 0.75%. This is in line with the expense ratios of other thematic ETFs.

Investment Approach and Strategy:

BATT invests in companies that are involved in the battery recycling and production value chain. The ETF uses a passive investment approach, meaning that it tracks the Solactive Global Battery Recycling & Production Index.

Key Points:

• First-mover advantage in the US market for battery recycling and production ETFs
• High growth potential due to the rapidly expanding battery market
• Diversified portfolio of companies across the battery value chain
• Experienced issuer with a strong track record

Risks:

• The battery recycling and production industry is still in its early stages of development, and there is a risk that the market may not grow as expected.
• The ETF is relatively new and has a limited track record.
• The ETF is concentrated in a single sector, which could lead to higher volatility.

Who Should Consider Investing:

BATT is a suitable investment for investors who are looking for exposure to the growth potential of the battery recycling and production industry. Investors should be aware of the risks associated with this investment, such as the volatility of the underlying assets and the limited track record of the ETF.

Fundamental Rating Based on AI:

Based on an AI-based rating system, BATT receives a 7 out of 10. This rating considers various factors, including the ETF's financial health, market position, and future prospects. The AI system acknowledges BATT's strong growth potential and first-mover advantage in the US market. However, it also highlights the risks associated with the ETF's limited track record and sector concentration.

Resources and Disclaimers:

The information in this summary was gathered from the following sources:

• ETF Mast Global Battery Recycling & Production ETF website
• Solactive Global Battery Recycling & Production Index website
• Exchange Traded Concepts website
• Yahoo Finance

Disclaimer: This information is for educational purposes only and should not be considered investment advice. All investment decisions should be made with the help of a professional financial advisor.