The 5 most profitable ETFs in the renewable energy industry

We observe the progressing climate change practically every year, and scientists do not cease to sound the alarm about the possible long-term effects of rising average temperatures on earth on the stability of the ecosystems in which we live. Renewable energy sources are becoming not only a fashion but a necessity. They also have very attractive profits. Today we take a look at the 5 most profitable ETFs from the renewable energy industry.

ETF - renewable energy sources. What exactly to invest in?

[TAN] Invesco Solar ETF

• • Issuer: Invesco
  • Annual fees: 0.71%

TAN is a fund where we can find selected companies dealing with solar energy. The fund structure promotes companies that deal exclusively with solar energy than those with more diversified sources of income. It is a good choice for people who believe that the solar energy industry will grow in the future and want to benefit financially from the development of this industry.

The fund manages assets worth 1.8 billion dollars. The annual fees are 0.71%. TAN boasts surprising financial results. The annual profit of 145% is impressive. Within five years, the fund generated 20% of annual profit, which is also a great result. The fund pays a modest dividend of 0.13% per annum.

[TAN] Invesco Solar ETF

What companies can we find in the fund? TAN is a basket of 27 renewable energy companies included in the MAC Global Solar Energy Index. The biggest players are SolarEdge Technologies (SEDG), which accounts for nearly 11% of the portfolio. Enphase Energy Inc. (ENPH) is nearly 10% of the fund's value. Other big players are Chinese Xinyi Solar Holdings, responsible for nearly 8%, and First Solar Inc. also responsible for 8% of the value of the basket of companies.

[TAN] Invesco Solar Holding

Companies from the United States account for 58% of the fund's value. 14,5% are companies from Hong Kong and less than 8% from China. The remaining companies are from Germany, Norway, Spain and France, Japan and India.

[WSP] Invesco WilderHill Clean Energy ETF

• • Issuer: Invesco
  • Annual fees: 0.70%

Another of the ETFs for renewable energy sources issued by Invesco. This fund invests in a wide range of companies involved in obtaining energy from renewable sources (wind, solar, biofuels and geothermal sources). WSPs are comprised mainly of (almost 85%) US companies. The remaining companies come from China (7.63%), Canada (6.02%), Chile (2.31%).

[WSP] Invesco WilderHill Clean Energy Holging

The fund consists of 48 companies and their percentage share in the portfolio is equal. The fund is under management of $ 869 million, with annual fees of 0.70% and a dividend of 0.55%. The profit for the previous year is 120%, and in the perspective of 5 years the average annual profit of the fund is as much as 25%.

[WSP] Invesco WilderHill Clean Energy ETF

[QCLN] First Trust NASDAQ Clean Edge Green Energy Index Fund

• • Issuer: First Trust
  • Annual fees: 0.60%

QCLN is another fund after WSP that focuses on US companies. 81% of the fund's assets are US companies. The remaining companies are from China (10.45%), Canada (7.43%) and Chile (0.78%). The fund manages $ 761 million, charges 0.60% in management fees and pays 0.35% dividends. The annual profit generated by QCLN is 118%, while the average annual profit over 5 years is as much as 27%.

[QCLN] First Trust NASDAQ Clean Edge Green Energy Index Fund

QCLN invests in a wide range of companies related to clean, renewable energy sources. The fund's portfolio includes companies that produce energy from the sun, winds or geothermal sources, as well as companies that are slightly loosely related to renewable energy sources, such as Tesla (TSLA) or ON Semiconductors (ON).

[QCLN] First Trust NASDAQ Clean Edge Green Energy Holding

[ICLN] iShares Global Clean Energy ETF

• • Issuer: Blackrock
  • Annual fees: 0.46%

ICLN is an ETF issued by Blackrock, charging 0.46% annually. The fund has $ 1.96 billion under management. The annual dividend is 0.69%, which is more than the management fees. ICLN mirrors the S&P Global Clean Energy Index and includes 34 weighted companies by market capitalization.

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The companies at ICLN include biofuels, geothermal, hydro, solar and wind energy. In ETF, we will find not only companies producing green energy, but also those that enable its processing and transport.

[ICLN] iShares Global Clean Energy Holding

The fund includes companies from all over the world. More than 45% of the value of assets are companies from the United States. In addition, the basket includes companies from Hong Kong (8.33%), Canada (6.79%), Spain (6.57%), New Zealand (6.22%), Denmark (4.64%), Brazil (4.64%), Norway (3.47%) , Austria (3.16%) and France (2.71%).

[ICLN] iShares Global Clean Energy ETF

The fund's annual profit is 85%, which is a very good result. The average annual profit for the last 5 years is 17.53%.

[CNRG] SPDR S&P Kensho Clean Power ETF

• • Issuer: SPDR
  • Annual fees: 0.45%

Another fund, next to QCLN and WSP, focuses mainly on US companies. US companies account for 78% of the basket. Apart from the United States, the fund includes companies from China (9.91%), Canada (6.81%), Switzerland (1.97%), Chile (1.96%) and Brazil (1.18%).

It is a small ETF compared to the rest of the funds. It only manages $ 80 million, which may be because it was launched just 2 years ago. The management fees are 0.45% per annum and the dividend is as high as 1.09%. The fund includes 40 companies weighted according to market capitalization. The largest companies are Sunrun Inc. (RUN), JinkoSolar Holding Co. (JKS) and Daqo New Energy (DQ).

[CNRG] SPDR S&P Kensho Clean Power Holding

The fund's results are promising, earning 94.87% in one year.

[CNRG] SPDR S&P Kensho Clean Power ETF

Forex brokers offering ETFs

Broker
End	Poland	Denmark	Great Britain
The amount of ETF on offer	approx. 400 - ETF approx. 170 - CFDs on ETFs	3000 - ETF 675 - ETF CFDs	397 - ETF CFDs
Min. Deposit	PLN 0 (recommended min. PLN 2000 or USD 500, EUR)	0 PLN / 0 EUR / 0 USD	PLN 5
Platform	xStation	SaxoTrader Pro Saxo Trader Go	MetaTrader 5
	REVIEW	REVIEW	OFFER
	CREATE AN ACCOUNT	OPEN AN ACCOUNT	CREATE AN ACCOUNT

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. From 72% to 89% of retail investor accounts record monetary losses as a result of trading CFDs. Think about whether you understand how CFDs work and whether you can afford the high risk of losing your money.