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Solar & Alternative Energy ETFs
Old 01-27-2021, 12:08 AM   #1
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Solar & Alternative Energy ETFs

After the Covid-19 crash last Spring I began looking around at other options besides VTI "whole market" type funds that I had most of my investment in.

I remembered reading about TAN in Kiplinger saying it had gained about 76% the past year, which at the time I had mixed feelings about. I thought it "must be really risky", and I also thought "damn some lucky folks made a killing". I figured I'd missed out, and hindsight isn't worth much.

Anyway, the crash hit & I noticed TAN had fallen to about $25 per share. I wanted to buy, but was afraid of the "W" curve that never came. Covid-19 was still huge & Summer came and I just kept watching it go up & up.

Finally pulled the trigger in early August, buying my first shares on 8/05 for $50.83, and have bought 5 more times since. It's up 131% since 8/05. (it's up over 300% since I began following it in April )

I recently realized that Invesco has another solar ETF called PBW which has had similar gains. I started buying it on 12/09 and it's already up almost 42% today 1/26.


I'm curious if any of you have these ETFs or other alternative energy EFTs? I realize that it's a sector and not diversified, but it's hard to see any other sector that we'll be embracing any more than clean energy for quite a while.
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Old 01-27-2021, 07:54 AM   #2
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I've been playing with ICLN.

https://www.ishares.com/us/products/...ean-energy-etf
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Old 01-27-2021, 04:03 PM   #3
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I'm into TAN. I've had DQ (#7 holding in TAN) on my watchlist for months. I put an order in for it at $40 back in December, didn't get it. Now it's up to over $100.

I've also got ICLN, FAN, and NEXTX on my watchlists.

I bought OPTT at $2.90 and sold it a few weeks later at $4.25. This is an individual stock that generates electricity from ocean waves.
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Old 02-11-2021, 09:15 AM   #4
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ICLN is the one I decided on for me...entered not too long after November's election.
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Old 02-11-2021, 09:33 AM   #5
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ICLN is the one I decided on for me...entered not too long after November's election.
I picked up some in December. Been writing covered calls on it. Nice premiums.
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Old 02-11-2021, 02:46 PM   #6
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I picked up some in December. Been writing covered calls on it. Nice premiums.
Thanks I'll check those out too. I like using covered calls to create synthetic dividends.
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Old 02-17-2021, 09:20 AM   #7
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Green energy's getting blamed for the problems in TX. This morning was a good time to buy Solar funds. My PBW & TAN holdings took a big hit at the opening this morning, but has already recovered about $50K in the past hour.
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Old 02-17-2021, 04:26 PM   #8
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Green energy's getting blamed for the problems in TX.
I saw that. I wonder how that is possible when 70% of TX energy comes from natural gas, oil, and coal and 67% of the power outages were in areas that use those commodities.
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Old 02-17-2021, 04:41 PM   #9
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I saw that. I wonder how that is possible when 70% of TX energy comes from natural gas, oil, and coal and 67% of the power outages were in areas that use those commodities.
Winter is time for maintenance due to lower consumption, summer time is when most electricity is used.
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