Bringing you live news and features since 2006 

ETF Securities Australia launches battery technology ETF


ETF Securities Australia has launched the ETFS Battery Tech & Lithium ETF (ASX: ACDC) that tracks the Solactive Battery Value-Chain Index.

The index is tracking the performance of companies that are providers of certain electrochemical energy storage technology, such as battery technology and mining companies that produce metals that are primarily used for manufacturing batteries.
The index is equal weighted and currently includes the 28 stocks that are closely related to the theme of battery and lithium technology.

Solactive writes that climate change is a challenge that we all have to take on and one important way to tackle climate change is the use of renewable resources. To effectively use those, efficient and large energy storage technologies are necessary to tackle the unpredictability of most renewable energy resources. The Battery Value-Chain Index is tracking companies that are leaders in the battery and energy-storage value chain.

Timo Pfeiffer, Head of Research at Solactive, says: “Lithium and battery technology is one of the most crucial technologies of the 21st century. The ETFS Battery Tech & Lithium ETF is a great opportunity for investors to gain exposure to this thriving industry.”

Kris Walesby, CEO of ETF Securities Australia, says: “Energy storage is undergoing a massive transformation in Australia and the rest of the world, with lithium considered to be one of the lightest and most efficient technologies. Using ACDC investors can get exposure to battery technology and lithium providers in one single trade.”
The index universe is determined based on research from Metal Bulletin Group which provides data on the mining industry and DOE Global Energy Storage Database which is collecting and aggregating data on energy- storage projects. Current index components are for example: Sony Corp., Samsung SDI Co Ltd., Evonik Industries AG. and Enersys.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by