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 [...]
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) [...]
