COtwo Advisors Physical European Carbon Allowance Trust ETF of Beneficial Interest
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About COtwo Advisors Physical European Carbon Allowance Trust ETF of Beneficial Interest
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Inception date
Jun 20, 2025
Structure
Grantor Trust
Replication method
Physical
Dividend treatment
Capitalizes
Distribution tax treatment
No distributions
Income tax type
Collectibles
Max ST capital gains rate
39.60%
Max LT capital gains rate
28.00%
Primary advisor
COtwo Advisors LLC
ISIN
US2220671000
CTWO is a physically backed trust designed to reflect the market price of European Union Allowances (EUAs), which are government-issued permits required for companies to emit carbon under the EUs cap-and-trade program. The trust holds EUAs in the official Union Registry and follows a passive, buy-and-hold strategy with no active trading or use of derivatives. Shares are created and redeemed in baskets of 50,000 through authorized participants in exchange for EUAs. The trusts value is based on the daily settlement price of EUA futures, and EUAs may be sold only to pay expenses. By avoiding futures, CTWO sidesteps roll out costs, price decay, and frequent taxable events. It also offers trading access outside European market hours and may influence future EUA supply under EU policy. The structure is transparent, tax-efficient, and directly tied to carbon market dynamics, with no screens, weights, or selection beyond holding the permits themselves.
Related funds
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous99.08%
Mutual fund0.92%
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CTWO assets under management is 1.76 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CTWO invests in funds. See more details in our Analysis section.
CTWO expense ratio is 0.79%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CTWO isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, CTWO doesn't pay dividends to its holders.
CTWO shares are issued by COtwo Advisors LLC
CTWO follows the EU Carbon Emission Allowances - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 20, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.