Skylar Electricity Futures ETF Launches to Track PJM and ERCOT Power Prices
MWHS•Skylar Electricity Futures ETF (NYSE Arca: MWHS) began trading on June 29, 2026, offering direct exposure to U.S. electricity futures priced by the megawatt-hour. The fund holds ICE electricity futures in PJM and ERCOT markets, providing institutional investors with commodity allocations beyond oil and natural gas.
1. Launch Details
The Skylar Electricity Futures ETF (NYSE Arca: MWHS) began trading on June 29, 2026, marking the first U.S. ETF to offer direct exposure to wholesale electricity futures. The fund is a collaboration between Exchange Traded Concepts and Skylar Capital Management.
2. Investment Strategy
MWHS holds ICE electricity futures contracts settled on a daily-ahead and sub-hourly basis, using the megawatt-hour as the pricing unit. This structure provides investors with direct exposure to wholesale power prices rather than utility equities or infrastructure debt.
3. Market Context
Institutional portfolios have traditionally focused on oil, natural gas, and metals, leaving electricity unrepresented despite its growing role in the modern economy. MWHS addresses this gap by tracking prices in two of the most liquid U.S. power markets: ERCOT and PJM.
4. Management and Advisers
Skylar Capital Management brings over a decade of experience in ERCOT and PJM market dynamics, while Exchange Traded Concepts provides ETF trust oversight, sub-advisory services, and fund marketing support for the new product.
