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Solar ETFs Struggle To Regain Footing

Benzinga.com
0 Comments| October 29, 2014

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Solar stocks have experienced a disappointing year, filled with volatile price swings and sub-par returns. The decline in traditional energy prices has likely played a role in suppressing the gains in this industry group as well.

Guggenheim Solar ETF

As a result of these factors, the Guggenheim Solar ETF (NYSE: TAN) is struggling to regain positive momentum after a sharp drop in September and October that erased all of its gains in 2014. TAN tracks 30 global solar companies, including hedge fund favorites Sunedison Inc (NYSE: SUNE), First Solar, Inc. (NASDAQ: FSLR) and SolarCity Corp (NASDAQ: SCTY).

This clean energy ETF is dominated by ...

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