PLUG - CNRG: ETF Looks To Provide An Alternative To The Renewable Energy Space
- SPDR S&P Kensho Clean Power ETF (CNRG) is State Street Global Advisors open ended fund offering risk exposure to in vogue alternative energy sources.
- Renewables such a solar, wind, and biomass make up a major part of the fund’s assets.
- And with best-in-class expense ratios for this category of product, what is not to like with a fund which has delivered almost 140% over the past year?
- But prudence is required – the 40 underlying stocks are speculative,volatile and in vogue.
- Any falling out of fashion or a lasting return to fundamentals may spell a reversal.
For further details see:
CNRG: ETF Looks To Provide An Alternative To The Renewable Energy Space