Direxion Launches World Without Waste ETF, 'WWOW'
January 14, 2021 Thursday has brought the first ETF focused on exposure to a more ESG-based economy. Direxion officially announced the recent launch of the Direxion World Without Waste ETF (WWOW). WWOW invests in 50 companies at the forefront of the move to a circular economy from a linear one. Until recently, the ‘take-make-consume-waste’ of resources within a linear economy has prevailed. Raw material transformed into a product, and after its utility was over, its lifecycle ended, and it became waste. Alternatively, the regenerative framework provided by a circular economy affords co...
Source: etftrends.com