The UBS ETF S&P 500 Climate Transition ESG invests in the companies of the S&P 500 Climate Transition Base ESG Index, matching their relative weightings exactly. It aims to replicate the index’s performance by holding the same stocks in the same proportions, focusing on businesses that support climate transition and meet environmental, social, and governance (ESG) standards. The fund is passively managed to ensure its portfolio closely mirrors the index it tracks.