Hurricane Ian recovery efforts boost ProcureAM’s FEMA ETF

An exchange-traded fund launched back in June may offer investors an opportunity to capitalize on Hurricane Ian recovery efforts. 

The Procure Disaster Recovery Strategy ETF, which trades under the ticker symbol FEMA, tracks the equal-weighted VettaFi Natural Disaster Recovery and Mitigation Index, which follows a portfolio of about 60 companies engaged in recovering from natural disasters, such as hurricanes, wildfires, floods or earthqu