Green Mutual Funds and ETFs May Recover in 2015

Alternative energy mutual funds are continuing to recover from a slump which started in fall 2014. Annual returns range greatly, though, from a high of 15.6 percent for Brown Advisory Sustainable Growth (BIAWX), to a low of -15.8 percent for Guinness Atkinson Alternative Energy (GAAEX). The large 12-month drop by GAAEX was precipitated by painful losses in some of its top weighted holdings.

Alternative Energy ETFs Remain Volitile

Green ETFs are showing a wide variety of returns, reflecting the volatility of the renewable energy sector. Less than 20 percent of ETFs have had gains in the past 12 months, with returns ranging from a gain of 28.5 percent for iPath Global Carbon ETN (GRN), to a loss of -48.1 percent for First Trust ISE-Revere Natural Gas Index Fund (FCG). ETFs have fared much better over the past three months. A little more than half of the funds ended in the black, averaging a gain of 3.8 percent.

Disclosure: Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.


Remember to always consult with your investment professional before making important financial decisions.

This article was originally published on the Roen Financial Report and was republished with permission.

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Harris Roen is President of Swiftwood Press LLC, publisher of the Roen Financial Report. Mr. Roen has a depth of expertise in the alternative energy arena, analyzing individual companies and alternative energy sectors to discern broader market trends. Mr. Roen was a professional portfolio manager for over 15 years with Long Meadow Financial Services LLC and the Low/High Fund L.P.

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