The Tortoise Decarbonization Infrastructure Index℠ is a float-adjusted, capitalization weighted index of decarbonizing infrastructure companies that are organized and have their principal place of business in the United States or Canada.

Index Stats as of 9/23/2024:

View All Stats Slider View

Price Return Ticker

DCRBN

Total Return Ticker

DCRBNT

Base Date

12/31/2021

Inception Date

12/31/2021

Calculated by

Solactive AG

Rebalancing

Quarterly

Number of Constituents

75

Market Capitalization

$1,714 billion

Average Constituent Size

$22,851 million

Median Constituent Size

$8,360 million

Overview

Decarbonization is a global mega trend as the world strives to achieve climate goals. Decarbonization infrastructure facilitates emissions reduction as higher carbon emitting fuels like coal, gasoline and diesel are replaced with wind, solar and natural gas. The Tortoise Decarbonization Infrastructure Index is a float-adjusted, capitalization weighted index of decarbonizing infrastructure companies that are organized and have their principal place of business in the United States or Canada. We define a decarbonization infrastructure company as a company that primarily owns natural gas and/ or natural gas liquids infrastructure including pipelines and local distribution companies, electric generation, transmission and distribution, battery storage, electric charging infrastructure, residential rooftop solar facilities and/ or renewable fuels.

Key Eligibility Requirements

  • Decarbonization Infrastructure Companies: Electric generation companies with greater than 30% coal generation capacity will be excluded. Pipeline companies with greater than 67% crude oil and/ or refined liquids exposure by volume or cash flow will be excluded.
  • Market capitalization: Companies must have a float equity market capitalization of at least U.S. $300 million for two consecutive quarters prior to the reference date
  • Domicile: The company must be organized and have its principal place of business in the United States or Canada
  • Listing exchange: Constituent companies must be listed on the New York Stock Exchange, NASDAQ, NYSE MKT or Toronto Stock Exchange
  • No individual security in the index may be more than a 5% weight of the total index market cap as of the reference date

 

Performance

Index Performance (as of 9/30/2024) 1 Year Since Inception
Total Return 39.49% 11.58%
Price Return 39.52% 11.59%

Total Return History

(as of 12/19/2024)

Price Return History

(as of 12/19/2024)

Constituents

Sector Allocations

As of latest rebalance date (9/23/2024)

Top 10 Constituents

As of most recent rebalance date (9/23/2024)
Date Index Weight
Constellation Energy Corp
 5.7%
The Southern Company
 4.9%
Enbridge Inc.
 4.9%
Duke Energy Corp
 4.8%
NextEra Energy, Inc.
 4.8%
Date Index Weight
Williams Companies Inc
 3.9%
ONEOK Inc
 3.9%
Sempra Energy
 3.7%
Energy Transfer LP
 3.5%
Dominion Energy Inc
 3.4%

Total: 43.5%

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