Investing in energy ETFs is a great way to capitalize on the expected growth in the energy sector in the coming years. With the world transitioning to more renewable energy sources, now is a great time to invest in energy ETFs. There are numerous energy ETFs to choose from, and we have compiled a list of the 9 best energy ETFs to buy now for 2023. These ETFs offer a wide range of investments in the energy sector, from oil and gas ETFs to renewable energy ETFs. Whether you’re looking to diversify your portfolio or capitalize on the expected growth in the energy sector, these ETFs offer tremendous opportunities for investors.
Invesco Solar ETF (TAN)
The Invesco Solar ETF (TAN) is an exchange-traded fund (ETF) that invests in companies that are involved in the solar energy industry. It tracks a market-weighted index comprised of global stocks that generate or consume solar energy or manufacture components used in solar energy generation or consumption. It is a good option for investors who want to diversify their portfolios and benefit from the growth of the solar energy industry. TAN is listed on the New York Stock Exchange and has a low expense ratio of 0.50%, so investors can benefit from the long-term growth potential of the solar energy industry while keeping their costs low.
First Trust Global Wind Energy ETF (FAN)
First Trust Global Wind Energy ETF (FAN) is an exchange-traded fund (ETF) that invests in companies involved in the wind energy industry. It seeks to track the performance of the ISE Global Wind Energy Index, which includes companies involved in producing and selling wind energy equipment and services. FAN also invests in companies related to wind energy such as those involved in wind turbine production, wind farm development, and wind energy component manufacturing. The fund is an attractive option for investors looking to gain exposure to an industry that is rapidly growing in popularity. The ETF provides diversification benefits due to its broad exposure to a range of wind energy related companies, making it a great option for long-term investors.
iShares Global Clean Energy ETF (ICLN)
The iShares Global Clean Energy ETF (ICLN) is a great way for investors to get involved in the ever-growing clean energy sector. This ETF invests in companies around the world that are involved in the production, manufacture, and distribution of clean energy. The portfolio includes a variety of renewable energy sources such as solar, wind, hydro, and geothermal. By investing in ICLN, investors can gain exposure to the rising trend of clean energy while diversifying their portfolio. This ETF has an expense ratio of 0.46% and offers investors a low-cost way to gain access to the global clean energy market.
SPDR S&P Oil & Gas Exploration & Production ETF (XOP)
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is a great choice for investors looking to get involved in the energy sector. This ETF tracks the S&P Oil & Gas Exploration & Production Select Industry index, which is comprised of companies involved in the exploration, development, and production of oil and gas. XOP offers a great way to gain diversified exposure to the energy sector and offers the benefit of lower costs than investing in individual stocks. It also has a low expense ratio of just 0.35%, making it a great option for investors looking for cost-effective exposure to the energy sector.
ALPS Clean Energy ETF (ACES)
The ALPS Clean Energy ETF (ACES) is an exchange-traded fund that focuses on investments in clean energy companies. The fund seeks to provide investors with exposure to companies that are involved in the development and deployment of clean energy solutions such as solar, wind, and energy storage. The fund tracks an index that is comprised of global companies involved in the clean energy industry, and it has a focus on companies that have long-term growth potential. The ALPS Clean Energy ETF is a great way for investors to gain exposure to the clean energy industry, and it has the potential to generate significant returns for those with a long-term view.
iShares S&P Global Energy Sector ETF (IXC)
The iShares S&P Global Energy Sector ETF (IXC) is an exchange traded fund that provides investors with exposure to companies involved in the energy sector of the global economy. It tracks the S&P Global Oil & Gas Ex-U.S. Select Industry Index, which consists of companies engaged in the exploration, production, distribution and marketing of oil, gas, and related products and services. IXC is a great way for investors to gain exposure to a sector that is increasingly important, providing them with an easy and cost-effective way to diversify their portfolios. IXC provides investors with a low cost, diversified exposure to the global energy sector, and is a great way to get involved in the energy industry.
Global X Lithium & Battery Tech ETF (LIT)
The Global X Lithium & Battery Tech ETF (LIT) is an exchange-traded fund that focuses on companies involved in the lithium and battery technology industries. LIT provides investors with access to a diversified portfolio of stocks from both established and emerging lithium and battery technology companies. LIT is a great way to gain exposure to this rapidly growing sector, since it allows investors to access a basket of stocks without having to purchase individual shares. Additionally, LIT is relatively low-cost compared to other ETFs, making it an attractive option for investors looking to diversify their portfolios.
VanEck Vectors Low Carbon Energy ETF (SMOG)
The VanEck Vectors Low Carbon Energy ETF (SMOG) is a great choice for investors looking to align their portfolio with sustainable energy sources. SMOG offers investors exposure to a variety of companies involved in the clean energy sector, including renewable energy, energy storage, and energy efficiency. The fund seeks to track the MVIS Global Low Carbon Energy Index, which is designed to measure the performance of companies involved in the production and distribution of low carbon energy. SMOG is a great option for investors looking to invest in a socially responsible fund that supports the transition to a low-carbon economy.
iShares Global Energy ETF (IXC)
The iShares Global Energy ETF (IXC) is an exchange-traded fund that provides investors with access to global energy stocks. This ETF tracks a modified market capitalization-weighted index of companies engaged in the exploration, production, and distribution of energy products. This ETF provides exposure to a variety of energy sectors such as oil, gas, and alternative energy. IXC provides diversified exposure to the energy sector and is an excellent tool for investors looking to gain exposure to global energy stocks.
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