This global ETF invests in companies engaged in various alternative energy industries, giving investors broad exposure to clean energy industries. For investors looking to bet that alternative energy will thrive in coming years, GEX can be a nice choice; this ETF casts a wide net, including exposure to solar power, wind power, and other renewable energy sources. For those seeking more targeted exposure, there are more granular ETFs dedicated to various alternative energy sub-sectors (such as PWND and TAN). Given the somewhat targeted nature of the exposure this ETF probably won't warrant a huge allocation in any long-term portfolio, but can be useful as a complementary holding to establish a position in a strategy that generally receives little weight in broad-based funds. GEX can also be useful as a tactical tool, establishing tilts towards the alt energy sector in certain environments. The portfolio of GEX isn't too deep--there are about 30 holdings--and a few of the bigger names receive significant weightings. But that concentration isn't all that surprising, as the roster of publicly-traded alt energy companies is somewhat limited. Other options worth considering include ICLN and PUW; investors should compare expenses, depth of holdings, and type of exposure offered when picking an alternative energy fund consistent with their objectives.
The adjacent table gives investors an individual Realtime Rating for GEX on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Alternative Energy Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.View the Category Report
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb.com Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb.com Category.
|Developed Markets (ex-US)||26.4%|
This section compares the cost efficiency of this ETF to peers in the same ETFdb.com Category.
This ETF is not currently available for commission free trading on any platforms.
There are 13 other ETFs in the Alternative Energy Equities ETFdb.com Category that are also eligible for commission free trading:
This section shows how this ETF has performed relative to its peer group ETFdb.com Category.
This section compares the fund flows of this ETF to peers in the same ETFdb.com Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of GEX relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the volatility of this ETF compares to the peer group ETFdb.com Category.