Equity: Global Renewable Energy
ETF.com Insight
With 15 ETFs and over $8.18B in combined AUM, the Equity: Global Renewable Energy segment provides exposure to the Global space with a focus on Theme securities.
Year-to-date, the best-performing ETF in the segment is the SmartETFs Sustainable Energy II ETF (SULR), with a total return of 8.64%. Meanwhile, the most popular ETF is the iShares Global Clean Energy ETF (ICLN) with $4.61BB in assets under management.
Investors should take a look at the Invesco Solar ETF (TAN). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. TAN tracks an index of global solar energy companies selected based on the revenue generated from solar related business. TAN has an expense ratio of 0.69% and tracks the MAC Global Solar Energy.
ETF.com Efficiency Insight
The average efficiency score in the Equity: Global Renewable Energy segment is 73 out of 100, with the Fidelity Clean Energy ETF(FRNW) obtaining the highest rating of 93 out of 100.
Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.59% per year, with the Fidelity Clean Energy ETF (FRNW) having the lowest expense ratio, charging investors 0.39% yearly.
Investors should look for funds with tight tracking, such as the First Trust Global Wind Energy ETF (FAN), with a 12-month median tracking difference of -0.24%.
Tracking Difference (12 Month)
ETF.com Tradability Insight
The average tradability score in the Equity: Global Renewable Energy segment is 67 out of 100, with the iShares Global Clean Energy ETF(ICLN) obtaining the highest rating of 94 out of 100.
The Invesco Solar ETF (TAN) is the undisputed segment leader when it comes to liquidity. The fund trades 68.97M in daily average volume. Investors should also find ample liquidity in the iShares Global Clean Energy ETF (ICLN), with $66.60M in daily dollar volume.
Use limit orders to trade funds such as the Goldman Sachs Bloomberg Clean Energy Equity ETF(GCLN), due to their double-digit market spreads.
ETF.com/ Block Liquidity
ETF.com Fit Insight
The has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.
Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.
Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.
Index Methodology
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use