- Business
- Emerge EMPWR Sustainable Dividend Equity ETF (EMCA) is an actively managed exchange-traded fund that seeks long-term total return and current income by investing at least 80% of its net assets in dividend-paying U.S. equity securities meeting environmental, social, and governance (ESG) criteria established by its adviser, Emerge Capital Management Inc. The fund targets predominantly large capitalization issuers across sectors including technology services, finance, electronic technology, health technology, producer manufacturing, process industries, energy minerals, communications, retail trade, consumer durables, utilities, consumer services, and consumer non-durables; it holds approximately 31 securities with 92.4% in large-cap stocks and the remainder in mid-cap, maintaining a non-diversified portfolio primarily focused on North American issuers, with 90.11% in the United States, 6% in Ireland, and 3.54% in the United Kingdom. Launched on September 8, 2022, and part of the Emerge ETF Trust, EMCA trades on U.S. exchanges such as NYSE and Cboe BZX, serving institutional and retail investors seeking sustainable high-dividend yield strategies in the equity large value segment.
The ETF is sub-advised by Catherine Avery of Catherine Avery Investment Management, applying Emerge's proprietary ESG framework to select high-quality dividend payers. It operates without a traditional index benchmark, employing a proprietary weighting scheme for active management. Geographically, EMCA focuses on U.S.-centric investments with minimal international exposure through select holdings.
In recent developments, EMCA continues trading actively into late 2025, with net asset values reported around USD 6.64 per share as of December 10, 2025, amid ongoing market volatility; no major acquisitions, partnerships, funding rounds, or liquidations specific to this fund have occurred since its inception, distinguishing it from certain Canadian sister funds under Emerge Canada Inc. that faced liquidation in 2023. The broader Emerge platform, founded around 2019 by Lisa Langley and known for pioneering women-led sustainable ETF strategies, maintains operations through Emerge Capital Management Inc. as sponsor, without reported structural changes, name alterations, or strategic shifts for EMCA in the last 1-2 years. Headquartered in connection with Emerge Capital Management in the United States, the fund benefits from the adviser's focus on emerging managers meeting high standards.