Mast Global Battery Recycling & Production ETF
EV
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Dec 21, 2023
- Similar Companies
- Business
- Mast Global Battery Recycling & Production ETF (EV) is an exchange-traded fund that seeks to track the performance of the Indxx Global Battery Recycling & Production Index, investing at least 80% of its assets in companies deriving at least 50% of revenue from battery recycling, production, raw materials refining, and related activities; its portfolio spans sectors including materials, consumer discretionary, industrials, information technology, energy, and utilities, with holdings such as those in non-energy minerals, producer manufacturing, and consumer durables across large, mid, and small market capitalizations. The ETF targets developed and emerging market companies benefiting from growth in battery-related innovation, with geographic exposure to 14 countries including China (30.81%), Japan (10.25%), the United States (8.53%), Australia (8.49%), South Korea (8.25%), and others like the United Kingdom, Brazil, Canada, Switzerland, France, Sweden, Israel, Finland, and Belgium. Sponsored by KB Asset Management, a subsidiary of KB Financial Group founded in 2008, and advised by NEOS Investment Management, LLC, the fund was incepted on December 21, 2023, and listed on NYSE Arca with an expense ratio of 0.65% and assets under management reaching approximately $6-7 million prior to closure. In a major operational change, the Board of Trustees of NEOS ETF Trust approved the liquidation of the ETF on April 3, 2025, following a recommendation by NEOS Investment Management, with trading ceasing on April 17, 2025, and final shareholder distributions occurring around April 25, 2025, after which the fund terminated. This closure reflects a significant strategic shift amid low assets and volume, marking the ETF's end after less than 1.5 years of operation and a recent dividend payout of $0.44 per share (yield approximately 1.98-1.99%) declared ex-date December 24, 2024. No prior major partnerships, acquisitions, funding rounds, or new product launches were reported in the last 1-2 years beyond its initial index licensing from Indxx in late 2023.