Alternative Energy Mutual Funds and ETFs Returns Flatten

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By Harris Roen

Alternative Energy Mutual Fund Returns


Alternative energy mutual funds have given back some of the gains they have enjoyed since the beginning of the year, though they are still up almost 20% on average. All MFs are in positive territory, with annual returns ranging from 9.8% to 40.9%. MFs are also up nicely for the week and month, but on average are down slightly in the past three months.

These returns are very different than those of just five months ago, when alternative energy MFs were doing almost twice as well… 

Alternative Energy ETF Returns


Alternative energy Exchange Traded Funds are up 25.7% for the year on average, with all except one posting gains. Solar ETF Guggenheim Solar (TAN) has the greatest gains, up 63.1% in 12 months. Market Vectors Rare Earth/Strategic Metals (REMX) is still down for the year, off 20.1%.

Quarterly returns are much more mixed, with only 5 out of 17 ETFs up in the past three months. The largest three month loser is iPath Global Carbon ETN (GRN), down 27.9%.


Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.

About the author

Harris Roen is Editor of the “ROEN FINANCIAL REPORT” by Swiftwood Press LLC, 82 Church Street, Suite 303, Burlington, VT 05401. © Copyright 2010 Swiftwood Press LLC. All rights reserved; reprinting by permission only. For reprints please contact us at POSTMASTER: Send address changes to Roen Financial Report, 82 Church Street, Suite 303, Burlington, VT 05401. Application to Mail at Periodicals Postage Prices is Pending at Burlington VT and additional Mailing offices.
Remember to always consult with your investment professional before making important financial decisions.


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