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Fifteen industry groups are represented in XKCP with the dominant sector exposures being utilities and technology. Declining costs, which are making clean energy sources cost-effective relative to some fossil fuels, also bode well for the industry.

“In turn, costs are falling. For instance, utility-scale solar costs dropped by 25% over just two years, making solar energy increasingly competitive with traditional inputs like coal,” said State Street. “These trends are spurring market growth.”

XKCP’s annual fee is 0.45%, or $45 on a $10,000 investment.

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