Since clean energy ETFs are very popular in our community, I wanted to dig a little deeper into this area and see how much interest there would be in a solar company ETF.
𝐇𝐚𝐛𝐭 𝐢𝐡𝐫 𝐞𝐬 𝐞𝐮𝐜𝐡 𝐦𝐚𝐥 𝐚𝐧𝐠𝐞𝐬𝐜𝐡𝐚𝐮𝐭, 𝐨𝐝𝐞𝐫 𝐢𝐬𝐭 𝐞𝐬 𝐚𝐥𝐬 𝐈𝐧𝐯𝐞𝐬𝐭𝐢𝐭𝐢𝐨𝐧 𝐳𝐮 𝐧𝐢𝐬𝐜𝐡𝐢𝐠?
I always thought solar was too expensive and inefficient to make it interesting as an investment. However, in recent years the economics have improved massively (thanks to better technology and also government subsidies). Considering that solar radiation is only increasing overall (except for us here in Germany, of course), I'm starting to look into it more closely.
Invesco's latest ETF has a full 48 companies in it, with a good mix of utilities, cell manufacturers, to players that people tend to forget about but play an important role like maintenance services or still monitoring systems.
𝐋𝐚𝐬𝐬𝐭 𝐦𝐢𝐜𝐡 𝐠𝐞𝐫𝐧𝐞 𝐞𝐮𝐫𝐞 𝐌𝐞𝐢𝐧𝐮𝐧𝐠 𝐰𝐢𝐬𝐬𝐞𝐧 👇👇