Seeking Alpha

  Guggenheim Solar ETF - NYSEARCA

11/24/2014, 4:24 AM ET
  • Dr. Kris | Send Message 23 Apr 2012

    Is the sun setting on alternative energies? Solar etfs ($TAN, $KWT) & wind etfs ($FAN, $PWND) at alltime lows. Very ugly.
    Reply (5)
  • View all 5 replies
    • Dr. Kris | Send Message 9 May 2012
      : I like alt energies on the micro-scale: solar panels to heat the pool, wind to grind the grain, Mr. Fusion to power the DeLorean, etc.
    • 1980XLS-2.0 | Send Message 9 May 2012
      : In the context you describe, it can be useful and viable. I agree.
      TAN vs. ETF Alternatives
      TAN Description
      The Guggenheim/MAC Global Solar Energy Index ETF seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called the MAC Global Solar Energy Index. The Fund will normally invest at least 90% of its total assets in common stock, American depositary receipts and global depositary receipts that comprise the Index. Guggenheim Advisors, LLC seeks a correlation over time of 0.95 or better between the Fund’s performance and the performance of the Index. The Index is designed to track companies within the following business segments of the solar energy industry: companies that produce solar power equipment and products for end-users, companies that produce fabrication products (such as the equipment used by solar cell and module producers to manufacture solar power equipment) or services (such as companies specializing in the solar cell manufacturing or the provision of consulting services to solar cell and module producers) for solar power equipment producers, companies that supply raw materials or components to solar power equipment producers or integrators; companies that derive a significant portion of their business (measured in the manner set forth below under “Index Methodology" section) from solar power system sales, distribution, installation, integration or financing; and companies that specialize in selling electricity derived from solar power.
      See more details on sponsor's website
      Sector: Technology
      Country: United States
      Key Info
      Find the right ETFs for your portfolio: Seeking Alpha's new ETF Hub