AdvisorShares Unveils HVAC ETF, Betting On Growth In Climate Control And Infrastructure

AdvisorShares launched the AdvisorShares HVAC and Industrials ETF HVAC on Feb. 4. This actively managed thematic fund primarily invests in companies generating significant revenue from the heating, ventilation and cooling industry and aims to capture long-term capital appreciation.

With a net expense ratio of 0.89%, the ETF also extends its reach into industrials, in order to diversify efficiently.

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HVAC's portfolio includes American depositary receipts (ADRs) of companies across all market capitalizations, providing diversified exposure to the industry.

The ETF seeks out firms uniquely positioned for growth and value opportunities.

AdvisorShares CEO Noah Hamman spoke about the fund's positioning in a thriving sector. "The HVAC industry continues to demonstrate rapid growth and resilience with an established history of outperforming the broader market," Hamman said.

He further noted the ETF's potential, citing key market drivers. "We believe the HVAC ETF provides a compelling opportunity for investors to access targeted exposure to a sector primed for long-term expansion, driven by increasing construction, energy efficiency trends, and climate resilience—all delivered in a fully transparent and efficient ETF investment vehicle."

The launch of the ETF adds to AdvisorShares' diverse portfolio of ETFs, which spans various themes and strategies. One of the firm's standout funds, the AdvisorShares Pure US Cannabis ETF MSOS, currently manages over $491 million in assets.

The ETF stands to benefit from investor interest in the booming climate control and industrial infrastructure sectors, areas that continue to benefit from regulatory support, technological advancements and rising demand for energy-efficient solutions. Trane Technologies TT and Lennox International NII are among its top holdings.

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