Excerpt from Yahoo Finance, February 12, 2020
Also on Investopedia finance.yahoo.com.
PBW, …, and … were the best energy ETFs for Q1 2020
Energy exchange-traded funds (ETFs) invest primarily in stocks of natural gas, oil, and alternative energy companies. The securities within an energy ETF’s portfolio may include major energy companies such as …. The ETF approach means that investors can gain exposure to the industry without taking on the level of risk inherent in investing in any specific energy company.
The best energy ETF for Q1 2020 is the Invesco WilderHill Clean Energy ETF (PBW). Below, we’ll take a look at the top 3 energy ETFs.
Invesco WilderHill Clean Energy ETF (PBW)
• Performance over 1 year: 57.4%
• Expense Ratio: 0.70%
• Annual Dividend Yield: 0.87%
• 3-Month Average Daily Volume: 75,324
• Assets Under Management: $306.5 million
• Inception Date: March 3, 2005
• Issuing Company: Invesco
PBW follows the WilderHill Clean Energy Index. The fund holds a broad selection of multi-cap clean energy companies, weighted relatively equally.
No single holding occupies more than about 4% of the portfolio. The top holdings are Tesla, Inc. (TSLA), the auto maker; Ballard Power Systems, Inc. (BLDP), a maker of fuel cells for heavy machinery and other equipment; and NIO, Inc. (NIO), a Chinese electric car ….