Alternative Energy Mutual Funds and ETFs Post Solid Gains

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Roen Financial Report

Alternative Energy Companies
A financial newsletter focusing on high quality stock picks

The Roen Financial Report closely covers the universe of almost 30 alternative energy Mutual Funds (MFs) and Exchange Traded Funds (ETFs). We use a proprietary ranking method to pick the best funds, looking at measures that include fees, risk, tax liability, and the financial health of individual holdings within each fund. To download your complimentary sample MF and ETF report, including rankings and technical breakdowns in both Excel and PDF format, please go to


Harris Roen, Editor

May 31, 2013


Mutual Funds (MFs)

Performance for MF’s have been outstanding, following a surge in solar stocks, energy efficiency companies, and other alternative energy sectors. Over the past 12-months the average alternative energy MF returned 30.3%, and not a single fund was down for the year. Three-month and one-month returns were similarly spectacular, gaining 10.5% and 7.3% respectively on average, also with no losers.

I expect this trend to continue, as many of these alternative energy sectors are bouncing back from the overly pessimistic levels of 2012.


Exchange Traded Funds (ETFs)


Returns for ETFs have been more variable, ranging from a gain of 68.3% in one year for First Trust NASDAQ® Clean Edge® Green Energy Index Fund (QCLN), to a loss of 52% for iPath Global Carbon ETN (GRN). This loss for GRN is not surprising, since it is pegged to Barclays Capital Global Carbon Index. This index is trading at 10% of what it was five years ago.

On average, alternative energy ETFs have had respectful gains for the past one-month, three-months and 12-months. As with MFs, these gains reflect the solid returns and improving prospects seen in several of the alternative energy sectors.





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