July was a good month for my Clean Energy model portfolio. Since the last update, these 11 stocks are up an average of 3.3%, with a year to date return total return a tiny loss of -0.5%. While it's never pleasant to be down for the year, it's helpful to compare this performance to that of the most widely held clean energy ETF, the Powershares Wilderhill Clean Energy ETF (PBW), which was down 8.7% for the month, and down 21% year to date. All in all, it has been a miserable year so far for most clean energy investors, and I'm happy to say that my model portfolio has managed to avoid almost all of that misery.