Lara Crigger, VettaFi editor-in-chief, appeared on TD Ameritrade Network to discuss clean energy.
“We’ve seen research spiking on the VettaFi platform for clean energy ETFs over the past month or so, ever since the Inflation Reduction Act came back to life,” Crigger said, pointing to the surging performance in the space, where some clean energy funds have leapt 20%–30%
Crigger noted that the Invesco Solar ETF (TAN C+) is up 24% over the past three months and brought in over $250 million in new flows — a stark improvement compared to the outflows that were dominating the space for much of 2022. Another ETF that is doing well is the First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN B+). Unlike TAN, which focuses on solar energy, QCLN has a broader exposure that goes beyond just solar, tapping into hydroelectric, wind, and other renewables as well. Another big…