Alternative Energy Industry Applauds First Ever Lithium ETF
The idea of supporting the “green” movement just got easier. While environmentally-conscious ETFs like solar and wind already exist in today’s market, Global X Fund has just launched the first ever lithium ETF which is a main resource to renewable energy. Global X Lithium ETF (LIT: Profile, Quote, Advanced Chart, News) will invest in large [...]
Wind ETF Blows Away the Competition
The first six months of 2010 have not been kind to the First Trust ISE Global Wind Energy Index ETF (FAN: Profile, Quote, Advanced Chart, News). The ETF has gradually lost value throughout the year; however, the winds have changed direction in the past couple of days. A Forbes article points out the alternative energy [...]
ETFs that Cook in the Summer Heat
Some sectors are seasonal, and a few fare better in the summer than any other time during the year. Here is a brief list of the ETFs that heat up as summer begins. With oil on the top of everyone’s mind following a spill in the Gulf of Mexico, Claymore/Aphashares Global Solar Energy Index ETF [...]
ETFs Are Bubble Followers, Not Leaders
Investors, politicians and even government agencies, such as the SEC, have made the claim that exchange-traded funds create investment bubbles. However, it is only in the history of asset bubbles do we find that ETFs are followers, not leaders. Most recently in 2008, global markets experienced their greatest bubble yet: an energy bubble. During this [...]
New ETF Taps into China’s Energy
Capitalizing on high energy demand in China, Global X Management launched the Global X China Energy ETF (CHIE) on Wednesday. The fund is the first to tap into the strength of energy and utility companies inside mainland China. The fund will seek to replicate the returns of the S-BOX China Energy Index. The underlying index [...]
Clean Energy ETFs Follow Oil’s Lead
As oil prices carve out new 2009 highs, clean energy ETFs are also grabbing their share of a solid bull run. Although clean energy producers dived during the credit crunch, they’re back with vengeance, moving up more than 70% since March. The iShares S&P Global Clean Energy Index Fund (ICLN: Quote, Profile, Advanced Chart, News) [...]
Electrify Your Portfolio with Stimulus Energy ETFs
The push to develop a national “smart-grid,” which will more effectively transfer energy around the country, is setting up an opportunity for quick ETF profits. The project, which could cost as much as $2 trillion, will be a boon for many energy service corporations. The movement’s goal is to reduce the amount of energy used, [...]
Three New Eco-Friendly Funds Hope for Greener Profits
Pax World Management Corp., the first company to bring socially responsible funds to investors, has recently filed to create three new environmentally-friendly exchange-traded funds to be listed on the NYSE Arca exchange. According to the SEC filing, the three ETFs to be named sShares FTSE KLD North America Sustainability Index ETF, sShares FTSE KLD Europe [...]
For Wind Power ETFs, Growth Is a Breeze
The wind power industry is set to balloon 143% in the next six years, with the amount of electricity to be produced by wind to grow from 121,000 megawatts in 2008 to 294,000 in 2015. However, the tremendous growth will not be derived through personal wind power installations, but in well placed wind power ETFs. [...]
Investors Aren’t Buying Into Obama’s Clean Energy Pledge
Investors are rethinking President Obama’s “yes we can” philosophy when it comes to clean energy technology. The mandates from Obama for cleaner energy have yet to give investors confidence in an industry that relies mostly on government subsidies. Even though Bloomberg News reported Thursday that Barack Obama and Canada’s Prime Minister Stepher Harper have pledged [...]
