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MarketBeat Podcast: Spot Opportunities Even When Disaster Strikes Today on The MarketBeat Podcast Kate sits down with repeat guest Andrew Chanin, Co-Founder and CEO of ETF manager ProcureAM. Andrew shares the story behind the launch of the Procure...

By MarketBeat Staff

entrepreneur daily

This story originally appeared on MarketBeat

MarketBeat.com - MarketBeat

Today on The MarketBeat Podcast Kate sits down with repeat guest Andrew Chanin, Co-Founder and CEO of ETF manager ProcureAM. Andrew shares the story behind the launch of the Procure Disaster Recovery Strategy ETF (FEMA).
In this episode, Kate and Andrew discuss:
-The Procure Disaster Recovery Strategy ETF (FEMA), which seeks opportunities among companies engaged in recovering from natural disasters, such as hurricanes, fires, floods or earthquakes
-Why Andrew believes it's important for investors to have exposure to this potentially growing category
-How the VettaFi Natural Disaster Response and Mitigation Index was developed
-Which diverse group of industries constitutes the index components
-How Andrew is bringing overseas companies, that may be difficult to access, to investors as part of the basket of stocks
-What little-known domestic stocks are tracked in the portfolio?
-Why the ETF is equal-weighted, rather than being market-cap weighted, like the S&P 500
Home Depot (HD)
Lowes (LOW)
Maxar Technologies (MAXR)
Generac (GNRC)
Great Lakes Dredge & Dock (GLDD)
Clean Harbors (CLH)
Gorman-Rupp (GRC)
Learn more about the Procure Disaster Recovery Strategy ETF
ProcureETFS.com
FEMA ETF
UFO ETF
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