Exchange-Traded Funds, or ETFs, have become the easy way to get the value, diversification and price stability of a mutual fund without the fees, dues and red tape associated with them. Unlike mutual funds, ETFs can be bought and sold like stock shares, which, in theory, cuts out the middle man. In practice, the middleman is still there taking a cut, but the fees and such are all rolled into the price of the ETF, giving the casual investor a what-you-see-is-what-you-get feel when evaluating ETF performance.
But just like researching traditional mutual funds, investing in cleantech ETFs can still be a daunting task for many. Fortunately, John Addison takes some of the guessing out of ETF research with an excellent rundown of 10 ETFs you can buy to capitalize on cleantech growth. John goes into much greater detail on each of the following ETFs, what they specialize in, their performance, and why they might be a good investment at Cleantech Blog.
PowerShares Cleantech (PZD)
PowerShares Global Clean Energy Portfolio (PBD)
First Trust NASDAQ Clean Edge Liquid (QCLN)
Market Vectors Global Alternative Energy (GEX)
iShares S&P Global Clean Energy (ICLN)
First Trust Clean Edge Smart Grid (GRID)
Global X Lithium (LIT)
PowerShares Global Progressive Transport (PTRP)
PowerShares Global Water Portfolio (PIO)
iPath Global Carbon (GRN)
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