ERTH - The energy sector is tanking and here are five of the year's poorest performing ETFs
CharlieChesvick/E+ via Getty Images Oil prices are sinking and energy stocks are tanking the most among the S&P 500's 11 sectors Monday amid a broad market sell-off -- and surprisingly, green energy isn't providing much of a refuge. Many green-energy stocks are falling for the day, and ecofriendly ETFs are some of the the worst year-to-date performers among the energy sector's 66 ETFs and 13 sub-sectors. While green-energy ETFs have great one- and five-year performance records, they've been hurting since the year began. In a recent note from Cowan they stated: “Investor enthusiasm for green investments has heightened in recent times, with a particular focus on solar as conversations are becoming reminiscent of 4Q20.” Here's a rundown of the energy segment's five worst-performing subsectors year to day, along with the poorest performing exchange traded funds in each. All figures are per etfdb.com, and the rundown excludes leveraged and inverse ETFs: Fifth-Worst
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The energy sector is tanking and here are five of the year's poorest performing ETFs