Skylar Electricity Futures ETF

MWHS

Market cap $648K

The Skylar Electricity Futures ETF provides direct exposure to ERCOT and PJM electricity futures, a novel asset class for ETF investors. MWHS launched at the end of June and currently suffers from significant illiquidity, including an 8% premium to NAV and a 23% bid/ask spread. Despite early trading volatility, the underlying thesis for MWHS is solid and may appeal to investors seeking unique access to electricity price movements.