In 2021, not all sectors or exchange-traded funds (ETFs) were winners. Investors who believe there could be a sectoral rotation in the weeks ahead might consider researching some of those funds that closed the year in the red.
Today’s article looks at two funds that could potentially see better returns in 2022.
1. iShares Global Clean Energy ETF
- Current Price: $21.34
- 52-Week Range: $20.30 – $34.25
- Dividend Yield: 1.18%
- Expense Ratio: 0.42% per year
According to the Organization for Economic Co-operation and Development (OECD), renewable energy sources include “hydro (excluding pumped storage), geothermal, solar, wind, tide and wave sources. Energy derived from solid biofuels, biogasoline, biodiesels, other liquid biofuels, biogases and the renewable fraction of municipal waste are also included.”
Global decarbonization efforts have put alternative energy sources in the limelight and renewable sources account for about a fifth of the electricity generation in the US. In the European…