Private Investors On Green Energy Buying Spree As Big Oil Retreats ...Middle East

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Private Investors On Green Energy Buying Spree As Big Oil Retreats
source : OILPRICE ( Middle East ) () 77
Over the past couple of years, renewable energy stocks have been hammered thanks in large part to high interest rates in the post-Covid era. The iShares Global Clean Energy ETF (NASDAQ:ICLN), the world’s largest green energy ETF and a catch-all bet on clean energy, has returned -13.9% over the past 52 weeks compared to a 10.7% gain by the S&P 500. The solar and wind energy benchmarks are not faring much better, either, with Invesco Solar ETF (NYSEARCA:TAN) tanking -25.0% while First Trust Global Wind Energy ETF (NYSEARCA:FAN) has only…

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