How Is Resilience Investing Faring in a Volatile Market?

The Bloomberg Prepare & Repair Aggregate Equal Weight Total Return Index (BPRAET) is a benchmark that tracks large public companies investing inadaptation and resilience.

This index splits across two main themes: prepare (building products, risk management, consulting, and self-storage facilities, and repair (insurers, waste haulers, power grid equipment manufacturers, engineering contractors, HVAC providers, environmental services, and hardware stores). [1]

Without including any big tech or AI stocks, it returned 11.3% a year over the last five years, about even with the S&P 500 (11.7%) and ahead of global stocks (9.8%),though it lagged over the last three years when big tech led (17.9% vs. 21.6%). [2]

This matters now, because the AI trade is showing cracks. China’s blue-chip index fell into a bear market in October, [3] debt markets are shutting out the “neoclouds,” and even the hyperscalers are borrowing to fund their AI buildout. [5]

The catch is: you can’t buy this index as no fund tracks it. [1]

But you can invest in this theme with us, as we are one of the few places to access Wellington’s Climate Strategy, one of the longest-running climate funds available, in a customizable separate account starting at $100,000, with only about 4% overlap with the global stock index. [6]

Hear more from Jeff at the NYSE, stay tuned for our upcoming Q4 Market Commentary, which focuses on our wider Climate Alpha Strategy, and please reach out to us if you would like to learn more.

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[1] Bloomberg, Bloomberg Prepare & Repair Aggregate Equal Weight Total Return Index (BPRAET) description and members as of 11/2/2026. Bloomberg shows no ETF tracking the index.

[2] Bloomberg, total returns in USD, 11/3/2021–11/2/2026 and 11/3/2023–11/2/2026. Global stocks are represented by the iShares MSCI ACWIETF.

[3] Reuters, “China blue-chip index confirms bear market as AI stocks slump,” Oct. 22, 2026. The CSI 300 closed 20.2% below its recent high.

[4] Fortune, “Elon Musk warns more than 200 neoclouds face ‘guppy-level death’ as the AI boom meets debt crisis,” Oct. 26, 2026.

[5] Bloomberg Professional Services, “Ten data insights showing the continued rise of climate risk and what investors should look out for in 2026,” Jan. 22, 2026.

[6] Wellington Management, Climate Strategy Fact Sheet as of 9/30/2026. Strategy inception 6/30/2007. Overlap reflects active share of 96% versus the MSCI All Country World Index.

*Past performance does not guarantee future results. Indexes are unmanaged, have no fees and can’t be invested in directly. The BPRAET is equal-weighted; the S&P 500 is weighted by company size. Company names are for illustration only and aren’t recommendations to buy or sell any security. Separate account minimums and availability are subject to change. Views in the video are the speaker’s own.

**Figures mentioned in the video reflect earlier BloombergIntelligence research and may differ from the current numbers above.

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