|Bid||0.00 x 1200|
|Ask||0.00 x 1000|
|Day's Range||89.57 - 93.52|
|52 Week Range||22.20 - 95.44|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||171.62%|
|Beta (5Y Monthly)||1.49|
|Expense Ratio (net)||0.70%|
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 include major companies such Enbridge Inc.
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.
Most democrat candidates including Michael Bloomberg are intending to turn America into a clean energy economy, putting these ETFs in focus.