Global New Energy Ready To Boom

ICLN: Clean Energy Is The Internet 10 Years Ago

September 4, 2021 (Loft Capital Management)

“…In 2009, only 26% of the world population used the internet. Today, 60% of the global population has access to internet, a 131% increase. Recent data illustrates that renewables make up ~26% of global electricity generation. That number is expected to increase to 45% by 2040…The iShares Global Clean Energy ETF (NASDAQ: ICLN) provides investors the opportunity to diversify their money across 83 companies that produce energy from solar, wind, and other renewable sources. The global renewable energy market was valued at $928B in 2017 and is anticipated to be $1.5T in 2025…

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…ICLN could make investors money both in the short and long term; however, those who buy and hold for the long haul will benefit the most…Founded in 2008, ICLN spotlights five primary sectors, which are the following: Electric Utilities (39% of portfolio), Semiconductor Equipment (15% of portfolio), Renewable Electricity (14% of portfolio), Heavy Electrical Equipment (14% of portfolio), and Electrical Components and Equipment (9% of portfolio). As of September 1st, ICLN has $6.3B assets under management and bears an expense ratio of 0.41%...

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…2020 was a very strong year for clean energy ETFs as a whole, with ICLN returning ~140%. This was predominantly a result of President Biden's vocal support of the clean energy sector. ICLN has yielded -18% YTD, placing the fund in a group of the 100 lowest YTD ETF performers out >2,200 U.S. ETFs…[and] clean energy is still very young… [Three other strong funds are] First Trust Nasdaq Clean Edge Green Energy Index Fund (QCLN), Alps Clean Energy ETF (ACES), and Invesco WilderHill Clean Energy ETF (PBW)…” click here for more

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