We’ll have to do some catching up, though: wind energy is most widely used in Europe and Asia, and the fund has allocations on both continents.
Investors who want to get in on alternative energy should wait until the funds they want are on firmer ground and above their trend line, as the sector is known for its volatility.
Other alternative energy ETFs are:
- PowerShares Wilderhill Clean Energy Portfolio Fund (PBW), down 20.3% year-to-date
- Claymore/MAC Global Solar Energy (TAN), up 10.3% since April 15 inception
- Van Eck Global Alternative Energy (GEX), down 7.6% year-to-date
- Market Vectors Global Nuclear Energy (NLR), down 5.5% year-to-date
