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Clean energy ETFs are hit, but money continues to flow

Investors have lost their betting bundles on manufacturers of solar panels and wind turbines this year. Their reaction: Double down.

one year ago, Green stocks and funding to track them After the market recovered from the pandemic plunge, it recovered significantly.

Solar panel and wind turbine companies were one of the companies that benefited from the investor-led and consumer-led surge. Renewable energy demandDespite being a small unprofitable venture, many.

This year, returns are chasing the wider stock market. This is in part due to the stocks implemented so far, the uncertainty about the Federal Reserve interest rate course, and how that action ultimately affects growth stocks.

Exchange-traded funds that track the renewable energy index recorded double-digit declines this year. BlackRock has fallen 16% since December. Invesco’s popular products are down about 11%.

Clean energy ETFs are hit, but money continues to flow

Source link Clean energy ETFs are hit, but money continues to flow

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