Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI
Shrewd'm.com Merry shrewd investors
Best Of MI | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search MI

Investment Strategies / Mechanical Investing
Unthreaded | Threaded | Whole Thread (3) |
Post New
Author: Mark19   😊 😞
Number: of 3959 
Subject: OT climate change and rare earth etfs
Date: 07/05/2023 12:05 AM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 0
I think rare earth, and climate change ETFs are a good bet now. ICLN, TAN, SMOG, GSFP, ACES. REMX, and Global X Lithium & Battery Technology are ones I have seen so far.
Print the post


Author: mapg ✭  😊 😞
Number: of 3959 
Subject: Re: OT climate change and rare earth etfs
Date: 07/06/2023 1:20 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 3
"I think rare earth, and climate change ETFs are a good bet now".

Maybe but only if control of those rare earth items are allowed to be supplied from some place besides China.

Recent performance not so good.

Name                           ISHARES GLOBAL CLEAN ENERGY ETF  INVESCO SOLAR ETF  VANECK LOW CARBON ENERGY ETF  VANECK RARE EARTH/STRATEGIC METALS ETF  ALPS CLEAN ENERGY ETF
Issue type                     ETF                              ETF                ETF                           ETF                                     ETF
Market price                   $17.66                           $66.94             $120.75                       $82.29                                  $44.16
                               Jul-6-2023                       Jul-6-2023         Jul-6-2023                    Jul-6-2023                              Jul-6-2023
Expense as of date             Jan-31-2023                      Dec-16-2022        May-1-2023                    May-1-2023                              Mar-31-2023
ETP type                       ETF                              ETF                ETF                           ETF                                     ETF
Legal structure
Schedule K-1                   No                               No                 No                            No                                      No
Asset class                    Sector Equity                    Sector Equity      Sector Equity                 Sector Equity                           Sector Equity
Price performance (today)      -2.48%                           -4.08%             -2.73%                        -3.51%                                  -3.85%
                               Jul-6-2023                       Jul-6-2023         Jul-6-2023                    Jul-6-2023                              Jul-6-2023
Volume                         1.3M                             473.8K             715                           41.4K                                   9.3K
                               Jul-6-2023                       Jul-6-2023         Jul-6-2023                    Jul-6-2023                              Jul-6-2023
Market total return (YTD)      -7.61%                           -4.06%             3.84%                         4.00%                                   -4.31%
                               May-31-2023                      May-31-2023        May-31-2023                   May-31-2023                             May-31-2023
Market total return (1 year)   -6.94%                           -1.58%             -9.87%                        -21.10%                                 -17.54%
                               May-31-2023                      May-31-2023        May-31-2023                   May-31-2023                             May-31-2023
Market total return (3 years)  16.45%                           27.54%             14.97%                        36.37%                                  7.17%
                               May-31-2023                      May-31-2023        May-31-2023                   May-31-2023                             May-31-2023
Net expense ratio              0.40%                            0.69%              0.61%                         0.54%                                   0.55%
                               Jan-31-2023                      Dec-16-2022        May-1-2023                    May-1-2023                              Mar-31-2023
Tracking error                 18.07                            25.65              14                            26.99                                   30.67
Efficiency                     --                               --                 --                            --                                      --
Concentration risk             49.51                            55.79              57.55                         61.4                                    51.44


GD_
Print the post


Author: Mark19   😊 😞
Number: of 3959 
Subject: Re: OT climate change and rare earth etfs
Date: 07/06/2023 9:27 PM
Post Reply | Report Post | Recommend It!
No. of Recommendations: 0
I looked also, and the 15 year performance is horrible. I guess they must have really crashed in 2008, but the 10 year performance is very respectable. Depending on the fund some as much as 12.5% per annum.
Print the post


Post New
Unthreaded | Threaded | Whole Thread (3) |


Announcements
Mechanical Investing FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of MI | Best Of | Favourites & Replies | All Boards | Followed Shrewds