Tag Archives: etf
Will Solar ETF’s Shine in Reaction to Prop 23 Failing?
California’s Proposition 23, which would have suspended the state’s greenhouse gas law, was roundly defeated. Margot Roosevelt for The Los Angeles Times reports that this was the largest public referendum in history on climate and cleanenergy policy. Wealthy Californian philanthropists and nationalconservation groups beat out the Independent Texas based refiners thatlaunched the initiative. Lest you [...]
China: The Force Behind Solar ETF’s
While the United States hems and haws on crafting a firm energypolicy, China is already there and it’s giving a boost to solar ETFs. The sun and its energy are on many investor’s minds, and China may be thedriving force behind these funds. China’s National EnergyAdministration has taken bids from solar-power developers to build out13 [...]
Time To Back Up The Truck on Solar ETF’s?
So it goes: oil and gas prices have fallen off, which means thatinterest in alternative energy has declined in kind. Solar ETFs are down significantly for the year, but will it always be so? Last week, SunPower (SPWRA)gained 22% on decent first-quarter profits, which helped propel Claymore/MAC Global Solar (TAN) 8% higher, reports Don Dion [...]
Why Solar ETFs Could Soon Shine Brighter (TAN) (KWT)
The price of solar panels is coming down so much that they’rebecoming affordable to some consumers. This could ultimately benefitsolar exchange traded funds (ETFs) as more people take their homes intothe era of green. The cost to install solar panels as a source of energy has droppednearly 40% over the last year, which has made [...]
Solar Subsidies Drive Solar ETF Gains
Despite a drop in the key United States Oil Fund ETF (NYSE:USO),solar ETF shares are decoupling and outperforming other key energy ETFsover the past week. The reason is an action-packed July where the U.S. and China both promised huge flows of money into solar power projects. Earlierin the month, the U.S. Department of Energy and [...]
Market Vectors Environmental Services ETF (EVX)
The finance industry provides green investors with a wide sortiment of green ETFs (exchange traded funds). Today I will take a look at the Market Vectors Environmental Services ETF (NYSE:EVX). Market Vectors Environmental Services ETF seeks to replicate theperformance of the NYSE Arca Environmental Services Indes (AXENV). Theindex includs companies that engage in business activites of wastedisposal, [...]
PowerShares Clean Energy Portfolio (PBW) ETF
PowerShares Clean Energy Portfolio (PBW) ETF PowerShares Clean Energy Portfolio (PBW) is an interesting exchange traded fund (ETF) that tries to replicate the performance of WilderHill Clean Energy Index. WilderHill Clean Energy Index (ECO) tracks the clean energy sector:specifically, businesses that should benefit from a societal transitiontoward use of cleaner energy and conservation. Stocks and [...]
Not All ETF’s are Created Equal
Below are two ETF’s related to the oil market sector – one iscapitalization weighted (RYE) and the other is Equal weighted (IYE). You can see from three stocks that are common to BOTH ETF’s thattheir percentages in the respective ETF’s are very different and youwill also note that the performance of the equal weighted ETF [...]
How Clean Energy ETFs Have Fared Of Late
You can’t really complain about the returns in any clean energy ETF over the past few months… A quick quarterly calculation of QCLN, PBD, PBW, GEX, FAN, andTAN—all exchange-traded funds comprised of U.S. and foreign-listedclean energy stocks—shows that each and every one of those tickers hasreturned better than 40%. That’s compared to just around 18% [...]