Clean Energy ETF’s Are Destined To Gain Favor In The Next Decade

Share This Article
October 26, 2009 2:21pm ETF BASIC NEWS NASDAQ:ICLN

clean-energy-etf“Demand for energy will surely increase, but the use of carbon-based fuels will make the planet dirtier. The hard part is knowing which technology to invest in. Solar, wind, geothermal


 and others are options, though trying to pick the ultimate winner may not appeal to everyone, which is where a broad-based exchange traded fund like iShares S&P Global Clean Energy Index Fund(ICLN) comes in,” Roger Nusbaum Reports From The Street.

“The ETF covers a lot of ground. The iShares Web site breaks down the holdings by industry group, which may not tell the whole story. The fund allocates 45% to solar, 33% to producers and transmitters of energy, 15% to wind power as well as a few battery makers and a geothermal company. The U.S. is the largest country in the fund, at 24%, followed by China (solar stocks), 17%, Spain and Germany, 14%, and Norway and Chile each get 5%. There are 12 countries in all,” Nusbaum Reports.

“The fund has been volatile since it debuted in June 2008. At its worst, it was down 80% from its peak, compared with about 45% for the S&P 500 Index and about 55% for the Energy Select Sector SPDR(XLE). All three bottomed in March. But since then, iShares S&P Global Clean Energy is up 70% versus 60% for the S&P 500 and not quite 50% for the Energy Sector SPDR,” Nusbaum Reports.

See Full Story: HERE

The investment (ICLN) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of S&P Global Clean Energy index. The fund generally invests at least 90% of assets in securities of the underlying index and depositary receipts representing securities of the underlying index. It may invest the remainder of assets in securities not included in underlying index but which BGFA believes will help the fund track the underlying index, and in futures contracts, options on futures contracts, options and swaps as well as cash and cash equivalents, including shares of money market funds advised by BGFA. It is nondiversified.

Holdings Detail of (ICLN) as of 10/23/2009 (Holdings subject to change)

Symbol Name % Net Assets Market Value ($) Identifier* Market Sector Exchange Rate
(VWS) VESTAS WIND SYSTEMS A/S 5.32 $4,628,469 XCSE Electrical Equipment 4.96
(CVA) COVANTA HOLDING CORP 5.15 $4,478,922 XNYS Commercial Services & Supplies 1.00
(SWV) SOLARWORLD AG 5.05 $4,392,648 XETR Electrical Equipment 0.67
(EOC) EMPRESA NAC ELEC-CHIL-SP ADR 5.05 $4,385,573 XNYS Independent Power Producers & Energy Traders 1.00
(ELP CIA PARANAENSE ENER-SP ADR P 5.04 $4,381,059 XNYS Electric Utilities 1.00
(REC) RENEWABLE ENERGY CORP AS 5.02 $4,364,469 XOSL Electrical Equipment 5.54
(FSLR) FIRST SOLAR INC 4.98 $4,326,657 XNMS Electrical Equipment 1.00
(IBR) IBERDROLA RENOVABLES 4.84 $4,210,292 XMCE Independent Power Producers & Energy Traders 0.67
(EDPR) EDP RENOVAVEIS SA 4.64 $4,029,301 XLIS Independent Power Producers & Energy Traders 0.67
(GAM) GAMESA CORP TECNOLOGICA SA 4.61 $4,010,155 XMCE Electrical Equipment 0.67
(SPWRA) SUNPOWER CORP-CLASS A 4.48 $3,897,416 XNMS Electrical Equipment 1.00
(STP) SUNTECH POWER HOLDINGS-ADR 4.44 $3,858,838 XNYS Electrical Equipment 1.00(
(WFR) MEMC ELECTRONIC MATERIALS 4.23 $3,680,488 XNYS Semiconductors & Semiconductor Equipment 1.00
(QCE) Q-Cells SE 3.93 $3,413,178 XETR Electrical Equipment 0.67
(EEN) EDF ENERGIES NOUVELLES SA 3.77 $3,276,472 XPAR Independent Power Producers & Energy Traders 0.67
(NDX1) NORDEX AG 3.39 $2,944,611 XETR Electrical Equipment 0.67
(IFN) INFIGEN ENERGY 3.31 $2,878,068 XASX Independent Power Producers & Energy Traders 1.08
(YGE) YINGLI GREEN ENERGY HOLD-ADR 3.17 $2,759,377 XNYS Electrical Equipment 1.00
(LDK) LDK SOLAR CO LTD – ADR 3.11 $2,702,854 XNYS Semiconductors & Semiconductor Equipment 1.00
(JASO) JA SOLAR HOLDINGS CO LTD-ADR 2.32 $2,015,046 XNGS Electrical Equipment 1.00
(ORA) ORMAT TECHNOLOGIES INC 2.28 $1,981,294 XNYS Independent Power Producers & Energy Traders 1.00
(ENER) ENERGY CONVERSION DEVICES 2.28 $1,979,602 XNGS Electrical Equipment 1.00
(TSL) TRINA SOLAR LTD-SPON ADR 2.21 $1,921,383 XNYS Semiconductors & Semiconductor Equipment 1.00
(PS4) PHOENIX SONNENSTROM AG 1.30 $1,132,865 XETR Trading Companies & Distributors 0.67
(PVCS) PV CRYSTALOX SOLAR PLC-WI 1.30 $1,128,732 XLON Electrical Equipment 0.61
(SOLF) SOLARFUN POWER HOLD-SPON ADR 1.21 $1,053,029 XNGS Electrical Equipment 1.00
(2766) JAPAN WIND DEVELOPMENT CO 1.08 $939,105 XTKS Electric Utilities 91.95
(ESLR) EVERGREEN SOLAR INC 0.96 $831,992 XNMS Electrical Equipment 1.00
(FCEL) FUELCELL ENERGY INC 0.76 $659,676 XNMS Electrical Equipment 1.00
(SOLR) GT SOLAR INTERNATIONAL INC 0.58 $501,367 XNMS Electrical Equipment 1.00
BGIF TREASURY MONEY MARKET SL AGENCY SHARES 0.03 $27,600 S-T Securities 1.00

 

The investment (XLE) includes companies from the following industries: oil, gas, energy equipment & services. The fund will normally invest at least 95% of its total assets in common stocks that comprise the relevant Select Sector Index. The Funds have adopted a policy that requires each fund to provide shareholders with at least 60 days notice prior to any significant material change in a fund’s policy or its underlying index. It is nondiversified.

 

TOP 10 HOLDINGS (XLE) ( 64.86% OF TOTAL ASSETS)  
Company Symbol % Assets
ANADARKO PETROLEUM (APC) 2.89
APACHE CP (APA) 3.09
CHEVRON CORP (CVX) 13.48
CONOCOPHILLIPS (COP) 4.64
DEVON ENERGY CP (OK) (DVN) 2.96
EXXON MOBIL CP (XOM) 21.44
MARATHON OIL CORP (MRO) 2.42
OCCIDENTAL PET (OXY) 4.87
SCHLUMBERGER LTD (SLB) 6.61
XTO ENERGY INC (XTO) 2.46
 
 Chart for Energy Select Sector SPDR (XLE)

GET A FREE TREND ANALYSIS FOR ANY ETF HERE!



7 Best ETFs for the NEXT Bull Market

Read Next



Free Investing Ideas Newsletter!

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

Most Popular



9 'MUST OWN' Growth Stocks for 2021

Explore More from ETFDailyNews.com

Free Investment Newsletter

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories