GEX tracks global companies involved in the alternative energy industry and includes exposure to industrials 45.4%, information technology 29.4%, utilities 12.0%, consumer discretionary 9.8% and energy 3.3%. The U.S. makes up a large piece of the ETF’s country weight at 64.2%, followed by Denmark 10.1%, China 7.0% and Italy 4.7%.
QCLN also includes a group of companies engaged in emerging clean-energy technologies and focuses on U.S. companies. Sub-sector weights include tech 39.3%, oil & gas 21.2%, industrials 19.2%, consumer goods 8.0%, consumer services 6.3% and utilities 5.5%.
Market Vectors Global Alternative Energy ETF
For more information on alternative energy, visit our alternative energy category.
Max Chen contributed to this article.