Clean Energy ETF
Extracting energy from sun and wind is not a play-thing from the alternative community anymore. A clean energy ETF for sure has a vibrant future ahead. Governments are stepping up environmental regulations in order to make this world cleaner.
The use of oil, gas and coal will decline as these are not inexhaustible sources. But it will not be for tomorrow. 40 years ago they told me at school that oil would be run out in 25 years. Today there seems to be more oil around than ever before.
So this clean energy ETF will not profit from the depletion of natural sources. You may expect more from environmental regulations and the will of the consumer. Solar and wind energy also has the potential to be a very local source of energy.
Large investments in infrastructures and high voltage towers are not necessary. So in upcoming countries one does not have to invest that largely anymore to supply local people with energy.
iShares Global Clean Energy UCITS ETF
This iShares Clean Energy ETF is tracking the S&P Global Clean Energy Index. 30 global companies are included.
China and the US lead the pack with a share of 27% each. New Zealand is third with 6%. The largest company is First Solar with 6%. Then Enel Green Power follows and China Everbright, each with a share of 5%.
It is a physical ETF so iShares is buying the underlying stocks. Returns may be very well, 200% in a few years has been possible in recent years.
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iShares Global Clean Energy UCITS ETF info:
ETF provider: iShares (BlackRock)
Ticker: INRG
ISIN: IE00B1XNHC34
Currency: Euro
Exchange: Borsa Italiana
The iShares Global Clean Energy UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.