rafael

Alt. Energy: More Technology Than Energy?

Well, if you really want technology index, then look at the Cleantech Index CTIUS and the Cleantech ETF (PZD). Wilderhill aims to track the narrower alternative energy market and PZD seeks to track the the global cleantech growth trend across all industries (but still has a significant allocation to clean energy). For that matter look at AECOX as well. There are a lot of 'alternative energy' (though often not very clean) indexes out there. A few good ones and a lot of dubious ones. Investors should do as much research on the index as they do on the ETF. Remember, what does the Index track and how well does it reflect its intent, what is its exposure, quality, and criteria. An ETF can only be as good as the underlying index. Never better.