New Energy ETF
An ETF full of new energy shares. Oil, gas and coal will be here for many years to come. As long as they will remain cheaper they are on the winning edge. But the pressure of lowering the emissions of these old sources of energy is building up.
Besides, alternative energy is getting cheaper at the day. But it remains an unbalanced fight. That being said, we cannot deny the surge of alternative energy sources. This market sector is growing with significant figures and with prices of oil and gas getting higher this growth may accelerate even more.
Despite the fact that this new energy ETF seems better fit for the long run we can make some very nice short rides along the way.
Lyxor New Energy UCITS ETF
This Lyxor New Energy ETF is tracking the World Alternative Energy Total Return Index. Only 20 companies are included. The 4 largest ones all are weighed at 4% each, they are: Murata Manufacturing, Valeo, Vestas Wind Systems and Acuity Brands.
Looking at the country spread the US has a share of 40% in this new energy ETF whereas Japan, France and Denmark have a 10% share each.
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Lyxor New Energy UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
Ticker: NRJ
ISIN: FR0010524777
Currency: Euro
Exchange: Euronext Parijs
This Lyxor New 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.