In the age of energy conscious consumers that are opting for electric vehicles and solar homes, coal stocks seem to be a relic of a forgotten era. Recent strength in this segment, however, may have traders and investors rethinking their views on coal mining companies as an investment opportunity.
The MarketVectors Coal ETF (NYSE: KOL) is the only ETF that tracks the niche global coal industry. This ETF has amassed $180 million in total assets spread between 36 worldwide companies.
Often times the first (and only) ETF dedicated to a small industry have an advantage in terms of first-mover publicity that gives it an edge in asset gathering and notoriety.
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