Despite the sell-off alternative energy practices will not go by the wayside, even if oil prices fall. New energy technologies will be driven by the need to preserve the environment and energy security and it’s the beginning of a trend. The way power is produced is undergoing a transformation.
If you’re ready to think about green ETFs, here are a few to look at:
- First Trust NASDAQ Clean Edge US Liquid (QCLN), down 33.6% year-to-date
- PowerShares Cleantech Portfolio (PZD), down 15.2% year-to-date
- PowerShares WilderHill Clean Energy Portfolio (PBD), down 21.6% year-to-date
- Market Vectors Global Alternative Energy (GEX), down 25.6% year-to-date
Just bear in mind, green ETFs have been popular, but when it comes down to it, investors are going to look at them like they’ve been looking at other investments lately.