Fresh Chapter for Fossil-Free U.S. Stocks as Stance’s ESG ETF Replaces the CHGX Legacy

The Stance Sustainable Beta ETF has stepped in to carry forward the sustainable mandate once led by the AXS Change Finance ESG ETF, continuing under the CHGX ticker. This reorganization marks a milestone in the fund?s history, shifting decision-making on ESG criteria to new governance structures. The key question remains: will the new stewardship maintain the fund?s emphasis on fossil-fuel-free investments?

A fossil-free focus in the U.S. market
The ETF tracks the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index. The index comprises roughly 100 large-cap U.S. companies that satisfy rigorous sustainability standards, with one defining criterion?the explicit exclusion of fossil-fuel companies.

Cost and credibility
The fund carries an expense ratio of 0.49%, a level common among ESG-oriented strategies within its competitive landscape. Historically, the approach earned a Morningstar rating of five globes, reflecting the strongest sustainability accolade at the time. The methodology scrutinizes more than 125 criteria across biodiversity, ethics, and social standards.

Periodic adjustments and 2026 timetable
As a tracker of an index, the fund undergoes regular reweighting and reconstitutions to stay aligned with its environmental and financial screens. For 2026, the upcoming rebalance dates are:

• 13 March 2026
• 12 June 2026
• 14 September 2026
• 14 December 2026

Fiscal year and reporting cadence
The fund?s current fiscal year closes on 31 March 2026. The financial reports issued after 31 March provide granular details on the portfolio?s composition and the fund?s adherence to its ESG mandate. Additionally, inflows within the sustainable-investing sector offer insight into investor confidence following the structural transition.