ALPS Electrification Infrastructure ETF (ELFY) Stock Price, Quote, News & History | Benzinga

The Fund seeks investment results that generally correspond, before fees and expenses, to the performance of the Underlying Index. It employs a passive management, or indexing, investment approach designed to track the performance of the Underlying Index. The Underlying Index uses a proprietary, rules-based methodology developed by Ladenburg Thalmann Index LLC, which is designed to measure the performance of publicly listed large-capitalization and mid-capitalization companies that are positioned to benefit from electrification. Electrification refers to the process of charging, equipping, or supplying with or operating with electricity, or the conversion of a machine or system to the use of electrical power. The selection criteria for the Underlying Index include requirements for ICE Uniform Entity Sector Classification Schema sub-industry classification, primary exchange listing, minimum market capitalization, average daily trading volume, and other factors.