Fatter profits for solar firms have helped ETFs holding these stocks blaze a trail among sector funds in 2015. Guggenheim Solar (TAN), the $446.79 million exchange traded fund tracking solar equities, soared 40% year to date as of Thursday. Market Vectors Solar Energy (KWT), with $26.2 million in assets, was up 30%. That performance was powered by stocks such as SunEdison (SUNE), Canadian Solar (CSIQ), Jinko Solar (JKS) and Vivint Solar (VSLR).
Thursday 14 May 2015
Solar ETFs Bask In Warm Glow Of Improving Industry Profits
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
Fatter profits for solar firms have helped ETFs holding these stocks blaze a trail among sector funds in 2015. Guggenheim Solar (TAN), the $446.79 million exchange traded fund tracking solar equities, soared 40% year to date as of Thursday. Market Vectors Solar Energy (KWT), with $26.2 million in assets, was up 30%. That performance was powered by stocks such as SunEdison (SUNE), Canadian Solar (CSIQ), Jinko Solar (JKS) and Vivint Solar (VSLR).
Fatter profits for solar firms have helped ETFs holding these stocks blaze a trail among sector funds in 2015. Guggenheim Solar (TAN), the $446.79 million exchange traded fund tracking solar equities, soared 40% year to date as of Thursday. Market Vectors Solar Energy (KWT), with $26.2 million in assets, was up 30%. That performance was powered by stocks such as SunEdison (SUNE), Canadian Solar (CSIQ), Jinko Solar (JKS) and Vivint Solar (VSLR).
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