iShares Global Clean Energy ETF - INRG

Thank you so much for your reply, much appreciated.

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To answer your last question. UK stocks prices may be delayed up to 15 minutes which is fairly standard for LSE pricing. Quicker pricing updates hasn’t been implemented yet.

I’m a fan of this ETF and hope to buy again if still cheap on Monday, as @101 said, wouldn’t worry about a blip in the road, it’s a loooooong term hold.

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Dont panic. Loads and loads of stocks took a big dip today. Everything bar one I hold dipped and nearly all the US and Uk COMPANIES i have on my watch list. If I wasn’t fully invested at the moment I’d be buying more

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As well as a profit taking, another factor is the fact that the largest constituent (Plug Power at c.11%) fell 7% today. Before investing in ETFs/Funds it is worth looking through the constituent companies to see if you hold any of the individual stocks already, and to assess your exposure to them.

You can see the constituents of this ETF here: iShares Global Clean Energy ETF | ICLN

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Wouldn’t mind getting this one, but are there no other Clean Energy ETFs?

Looking at the link, it seems they don’t have any holdings in the UK, which surprises me as I thought the UK had something to offer, but perhaps I’m wrong. :slight_smile:

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Impax Environmental Trust is something to look into.

FP Foresight Global infrastructure also diversifies into environmental infrastructure. (Though Foresight is not on freetrade ).

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The two main green energy ETFs are INRG, the one this topic is talking about (Main Stock thread: iShares Global Clean Energy ETF - INRG ) and RENG the L&G Clean Energy ETF L&G Clean Energy UCITS ETF (RENG) - Share Chat - #8 by Mitzky

Other ETFs within the same area might be more specific like L&G BATG (Battery Value Chain), or CHRG Battery Solutions

Im not sure of others off the top of my head. The UK has a number of green / renewable focused trusts though like TRIG, UKW, BSIF, FSFL, ORIT and a few others not on freetrade yet

We’re behind on the game i think for innovation at least. theres a few small startups, but most of the UK renewable sections seems to be existing or traditional infrastructure rather than new innovative. tech, and all the huge renewable companies seem to be abroad (correct me if im wrong)

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Ah thank you, I will check these links out as well. :slight_smile:

Just looking at this one. First time Investors; anyone who has been following closely or would point in the right direction of any reason for the recent blip in the past month or so. Is there anywhere with articles etc? Or reasoning

I happen to have amazingly bad luck, and bought it on a peak the other week, so obviously I’m down almost 4%, which is almost £1 in my short number of shares. :stuck_out_tongue:

I can’t find much info on why it has been volatile this month though. If anyone finds out I’d be just as interested. :slight_smile:

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It’s volatile because it only has 20 holdings. All of which can happily swing 5% in either direction daily.

It’s had a stellar run and there is still upside in my opinion during a Biden presidency no matter how much is priced in already

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I bought in at £13.50 a share but not too fussed with a downward move. Unfortunate but its a stock I’m going to hold for years topping up during dips or when i can afford. I doubt it’ll do another 100% gain year but I think 30% year on year is a nice conservative estimate. Clean power and the economic recovery post pandemic go hand in hand imo.

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Because stocks can go down as well as up! There’s no reason that stocks should always increase.

As others have said the underlying stock holdings of the ETF will have a level of variance which may reflect the whole stock market rather than the performance of individual companies.

In the long run if the stock is worth investing in then it won’t matter too much.

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I had the same quandary when investing at just 8.10 per share. Held off from £7 while considering it and regretted it.

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Thanks for all the comments. I didnt know stocks go up and down obviously. Just wondered if there was a specific reason for this atm. Still new to this so trying to find places with information to change in value etc

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Here’s some info on the holdings - https://www.ishares.com/uk/individual/en/products/251911/ishares-global-clean-energy-ucits-etf

Plug is probably the one you need to keep an eye on - it has really taken off this last year and the volatility of the last couple of months combined with the weighting inside the ETF is making the group swing all over the place.
It may be a case that when time comes to reset this ETF they reduce significantly the exposure to Plug.

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Cheers for that! I’ve noted plug into my watchlist and keep a closer eye. Also found this online which might explain the swing today Why These 3 Fuel Cell Stocks Crashed Today | The Motley Fool

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I bought at £13.46 and its the only thing making my portfolio red, its a long term hold obviously but its not good for my blood pressure lmao.

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Also, does anyone have a link to the holdings of the ETF? I’ve tried searching but I’m unable to find a decent chart!