QCLN is something of an “Elon Musk ETF” as Tesla and SolarCity (NasdaqGM: SCTY) combine for 12.4% of the fund’s weight. QCLN also has an 8.5% weight to Cree. [This is the Elon Musk ETF]
QCLN is up 26% in just the past six months. The Powershares Wilderhill Clean Energy Portfolio (NYSEArca: PBW) is another alternative energy ETF to keep an eye on in 2014 as that fund has a 2013 gain of over 58%. SolarCity and Tesla combine for 5.1% of PBW’s weight.
Market Vectors Global Alternative Energy ETF
ETF Trends editorial team contributed to this post.