Get your free ETF data sample from our comprehensive offerings. Start your free trial→
Help us improve your experience. Please confirm your investor type:
The ETF Industry Is Evolving Fast
From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey.
CNBC Power Lunch - Dec. 23
Clean energy ETFs seeing more than $50m in outflows, as rates, recession fears, and energy volatility hit investor sentiment with the Invesco Solar TAN ETF down more than 4%.
By Trackinsight
December 23, 2022
- Solar
- Clean Energy
Advertisement
The following is a transcription of the CNBC Power Lunch segment aired on December 23, 2022. Watch the full video on CNBC’s Twitter account.
This week we're looking at clean energy because they're seeing outflows of about $57 million in the week through yesterday. At work here are macro factors, nothing stock specific. The market volatility and rising interest rates would often threaten growth, of course weighing it here as well, and recession fears. It's really a lot of these different issues. Let's see how it's playing out with some specific funds this week. The big one in the space, the Invesco Solar ETF (TAN ETF) - is down about 4.5%. Even bigger losses for Alps Clean Energy Fund down 7%. And Invesco's Clean Energy Fund is down more than 10%.
All of the data comes from Trackinsight. More info available on the FT Wilshire ETF hub.
📊 Share your ETF outlook
From AI infrastructure to active strategies, the ETF landscape is shifting. Share your perspective in the 7th Annual Global ETF Survey and get exclusive early access to the final report.
More articles
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
Privacy policy | Cookie policy | | Terms of use | Imprint
