Sharp Drops for Alternative Energy Mutual Funds and ETFs
by Harris Roen Editor
Roen Financial Report
Thursday, September 24, 2015
Alternative Energy Mutual Funds Down for the Quarter, Mixed for the Year
Alternative energy mutual funds have turned sharply lower over the past three months. Of the 14 MFs that the Roen Financial Report tracks, all but one are down for the quarter. Five are posting double-digit declines. On average, the drop in MFs are similar to that of the S&P 500 and Down Jones Industrial Average, which fell 7.44% and 9.6% respectively. The only MF showing a gain…
The September 2015 edition of Alternative Energy Mutual Funds & Exchange Traded Funds report is now available. Visit our Mutual Fund/ETF site to download your copy.
ETFs are Widely Lower
Green ETFs are showing poor returns on both a three month and one year basis. ETFs on average are off -16.5% for the quarter, and -20.7% for the year. All ETFs are down over both time periods with the exception of one fund, iPath Global Carbon ETN (GRN). Even on a three year basis, ETFs are up only 3.7% on average, far lower than their MF counterparts…
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
Remember to always consult with your investment professional before making important financial decisions.
| AS SEEN IN: | |
 |
The Wall Street Journal</> |
 |
USA Today Green Living |
Get access to members-only areas of the website, including up-to-date stock reports, select portfolio picks and alternative energy mutual fund & ETF rankings.
