A break down of clean energy ETFs as competition hots up
Clean energy ETFs in Europe have seen $5.3bn inflows since the start of $5.3bn By Tom Eckett, 26 April 2021
Competition in the clean energy ETF space in Europe is hotting up amid increasing demand for one of the most attractive megatrends on offer.
Clean energy strategies delivered some of the best returns across all European listed ETFs last year following the continued shift to renewable resources and US President Joe Biden’s pledged support of the industry.
Highlighting this, the iShares Global Clean Energy UCITS ETF (INRG) soared 136% over the 12 months as almost $3bn inflows drove the underlying stocks higher and the Biden bounce came into effect.