|Bid||47.17 x 1200|
|Ask||48.00 x 1200|
|Day's Range||47.43 - 48.79|
|52 Week Range||16.14 - 51.41|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||93.15%|
|Beta (5Y Monthly)||1.51|
|Expense Ratio (net)||0.60%|
Clean-energy stocks and exchange-traded funds are on a tear this year, sharply outperforming the broader market and traditional fossil-fuel investments. The clean-tech ETFs with the most powerful year-to-date rallies include Invesco Solar ETF (TAN) up 81% through Thursday; First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) up 58%; and iShares Global Clean Energy ETF (ICLN) up 41%. Compare that to SPDR S&P 500 ETF Trust (SPY) which is up 1.99%, and the Technology Select Sector SPDR Fund (XLK) up 23%.
Alternative energy companies, which sell or use everything from solar energy to hydrogen and electric batteries, aim to make a profit by transforming the way societies power themselves. This is happening amid rising global concern about climate change, and also amid long-term forecasts of dwindling fossil fuel supplies.
Energy exchange-traded funds (ETFs) invest primarily in stocks of natural gas, oil, and alternative energy companies. The securities within an energy ETF's portfolio may include major companies such as NextEra Energy Inc.