1. TAN gained 127.3 percent year-to-date
Solar ETFs were the best-performing sector ETFs in 2013, buoyed by robust earnings related to increased sales of solar panels that have come with overall expansion of the industry.
More broadly, these ETFs have been big beneficiaries of a number of policy shifts in the Obama administration to promote alternative-energy sources, Paul Baiocchi, said in a recent podcast.
Year-to-date, the Guggenheim Solar ETF (TAN | B-35) and the Market Vectors Solar Energy (KWT | C-33) are up 127.3 percent and 94.6 percent, respectively.
“The solar space has been on an absolute rampage,” this year, Baiocchi said.
Charts courtesy of StockCharts.com
