BSEA ETFMG Breakwave Sea Decarbonization Tech ETF The ETFMG Breakwave Sea Decarbonization Tech ETF (BSEA) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Marine Money Decarbonization Index. The Index is designed to reflect the performance of companies involved in developing and commercializing these technologies that could benefit significantly from the growth of new sector initiatives aiming to reduce the environmental impact of the global maritime sector, which counts more than 100,000 vessels. The Marine Money Decarbonization Index (MMDI or the “Index”) tracks the performance of the equity securities of a diversified set of global companies that develop technologies, manufacture equipment or provide services related to marine or ocean decarbonization. These companies are involved in cleaner propulsion (including alternative fuels, batteries, and fuel cells), carbon capture technologies and offsho...
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