One near-term headwind GEX may have to deal with is profit-taking in solar stocks. Solar equities and ETFs have been among 2013’s top performers, but the sector was decked Wednesday following downbeat full-year guidance from First Solar (NasdaqGM: FSLR), a stock that accounts for 4.5% of GEX’s weight. Overall, solar stocks represent roughly 20% of GEX’s 31 holdings. [Solar ETFs Can Keep Shining]
Market Vectors Global Alternative Energy ETF
ETF Trends editorial team contributed to this post.