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Thinking green (investments)? Why it rarely pays to buy niche 'thematic' ETFs


Thinking green (investments)? Why it rarely pays to buy niche ‘thematic’ ETFs
MarketWatch
1 hr ago
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Few investment sectors were hotter last year than electric vehicles, motored by growth in Tesla’s share price.
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Fueled by ideas that transportation is on the verge of structural change, investors sought out the next Tesla Hydrogen fuel cell producers were one of the beneficiaries in investors’ hunt for another alternative energy emerging technology.
Small companies in the hydrogen-industry space, such as Plug Power Ballard Power Systems and Bloom Energy saw valuations skyrocket in 2020 and early 2021.
Exchange traded fund issuers followed the trend, launching two separate ETFs on this niche theme, Defiance Next Gen H2 ETF and Direxion Hydrogen ETF in March. ....

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