We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Tesla, Inc. (TSLA) - free report >>
Enphase Energy, Inc. (ENPH) - free report >>
Invesco Solar ETF (TAN) - free report >>
SolarEdge Technologies, Inc. (SEDG) - free report >>
Why Clean Energy ETFs Are Shining
Clean energy ETFs are among the top-performers this year as well, after a spectacular performance last year.This comes after a volatile decade, when their performance was largely dependent on government subsidies and oil prices.
The cost of renewable energy generation has been falling in recent years with continued technological innovation, and that has started changing the competitive balance between clean and traditional energy.
The Invesco Solar ETF (TAN - Free Report) holds US and international companies in the solar energy industry. Enphase Energy (ENPH - Free Report) and SolarEdge Technologies ((SEDG - Free Report) )—the largest holdings in the ETF—have skyrocketed more than 500% and 200% respectively over the past year.
The Invesco WilderHill Clean Energy ETF (PBW - Free Report) holds US traded companies involved in cleaner energy sources or energy conservation. Tesla (TSLA - Free Report) is its top holding.
The ALPS Clean Energy ETF (ACES - Free Report) holds US and Canadian based companies that are focused on renewables and other clean technologies.
The three ETFs have gained more than 50% in the last 12 months. To learn more about them, please watch the short video above.
Want key ETF info delivered straight to your inbox?
Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>