First Solar IncArticle favors clean energy ETF, which includes First Solar as a holding, implying positive sentiment.
The iShares Global Clean Energy ETF is recommended over the State Street Energy Select Sector SPDR ETF for investors who can tolerate near-term volatility, citing a macro trend toward renewable energy. The State Street fund, with $39.5 billion in assets under management, offers a 0.08% expense ratio and a 2.60% dividend yield, while the iShares fund, at $2.4 billion in assets, charges 0.39% and yields 1.00%. Over five years, the iShares fund experienced a maximum drawdown of 57.20% compared to 26.00% for the State Street fund, yet it has returned 13% in the past three months versus a 13% loss for the State Street fund. The iShares fund holds 105 globally diversified stocks across technology, utilities, and industrials, whereas the State Street fund concentrates on 21 U.S. oil and gas companies.
First Solar IncArticle favors clean energy ETF, which includes First Solar as a holding, implying positive sentiment.
Exxon Mobil CorpArticle favors clean energy ETF over energy ETF, implying negative sentiment for oil & gas companies like Exxon Mobil.
Bloom Energy Corp
ConocoPhillipsArticle favors clean energy ETF over energy ETF, implying negative sentiment for oil & gas companies like ConocoPhillips.
Chevron CorpArticle favors clean energy ETF over energy ETF, implying negative sentiment for oil & gas companies like Chevron.