Earth Day is an annual celebration of environmental awareness
and the need for socially responsible action that preserves our
With that in mind, there are a number of exchange-traded funds
that fit into the category of eco-friendly offerings.
The First Trust NASDAQ Clean Edge Green Energy Fund (NASDAQ:
) is designed to track the performance of clean energy companies
that are publicly traded in the
This includes emerging technologies such as solar power,
biofuels and advanced battery systems.
Currently, QCLN has over $185 million in assets dedicated to
50 companies that are in pursuit of profitable solutions to green
As an added bonus, the recent performance of this ETF has been
phenomenal. Through March 31, QCLN notched a one-year return of
Drug ETFs Surge On M&A Activity
Another ETF that belongs in the Earth Day conversation is the
PowerShares Cleantech Portfolio (NYSE:
This fund is designed to track the leading clean tech
companies, from a broad range of industry sectors that offer the
best investment returns.
One of the advantages of PZD is that the 61 underlying
holdings represent a true global index.
These worldwide stocks are focused on reducing consumption of
natural resources and conscious of any potential negative impacts
on the environment or public health as well. Through March 31,
PZD notched a one-year return of 28.64 percent.
Finally, the iShares MSCI KLD 400 Social ETF (NYSE:
) provides access to a broad range of stocks that have been
screened for positive environmental, social, and governance
The 400 U.S. companies in this index provide diversified
exposure to businesses that value positive contributions to
While DSI may not be seen as a pure play on green technology
or renewable energy, it does merit consideration as a basket of
stocks with socially responsible characteristics.
This ETF is also the cheapest of the bunch with an expense
ratio of just 0.50 percent.
Each of these funds represents an opportunity to access
companies that are making strides to preserve the environment or
provide positive contributions to the community.
That makes them a perfect fit for Earth Day enthusiasts and
socially-conscious investors alike.
© 2014 Benzinga.com. Benzinga does not provide investment
advice. All rights reserved.
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