CCSO vs ERTH

CCSOBCarbon Collective Climate Solutions U.S. Equity ETF

ERTHCInvesco MSCI Sustainable Future ETF

In short

CCSO The name is the mandate: US-listed companies working on climate-change solutions, in a plain 1940 Act wrapper priced well under the typical US thematic fund.

ERTH Born in 2006 as a cleantech fund, ERTH now tracks MSCI's six-theme environment index, from alternative energy to green building to sustainable water. Fee: 0.65% net of a waiver through August 31, 2028.

Stated mandate

CCSO The Fund seeks long-term capital appreciation through investments primarily in U.S.-listed equity securities of companies focused on climate-change solutions.

ERTH The fund seeks to provide exposure to companies addressing multiple environmental-impact themes, including alternative energy, energy efficiency, green building, and sustainable water.

Why people hold it

• CCSO Costs 0.35% a year, versus a 0.57% median across its US thematic peer group. Cheap is rare in theme funds.
• The prospectus keeps it tight: long-term capital appreciation from US-listed equities of companies focused on climate-change solutions. No commodity sleeves, no offshore detours.
• Ordinary open-end fund structure under the 1940 Act. No leverage, no derivatives contract to decode, no K-1 at tax time.
• Lands in the upper half of its US thematic cohort on our review, which is a crowded field of pricier, narrower ideas.

• ERTH Six themes, not one: alternative energy, energy efficiency, green building, sustainable water, pollution prevention, and sustainable agriculture, across about 180 global names.invesco.com
• The index takes only companies drawing 50% or more of revenue from those six themes, so you own the business itself, not a conglomerate's side project.msci.com
• Trading since 2006, when it launched as the Invesco Cleantech ETF, it moved to the MSCI six-theme index in March 2021. Few climate funds carry that much history.invesco.com

Worth knowing

• CCSO Small asset base and thin trading. Spreads can widen and large orders move the price, so execution matters more here than in a household-name fund.
• One theme, one country. A climate-solutions basket can drift a long way from the broad US market in either direction.
• Cheaper thematic options exist: LRND runs at 0.14% and TECB at 0.30%, though they chase different ideas entirely.

• ERTH At 0.65% net of a waiver through August 31, 2028 (0.68% gross), it sits above the category median and well above peers like KLMT at 0.10% and IQSZ at 0.19%.
• Thinly traded and modest in size, so the spread can cost more than the headline fee.
• Our review places it in the lower half of its climate peer group, with cost and swings in price the main drags.

Full CCSO profile⁠

Full ERTH profile⁠