(This would fall under )
The L&G Clean Energy UCITS ETF (the “ETF”) aims to track the performance of the Solactive Clean Energy Index NTR (the “Index”)
https://fundcentres.lgim.com/uk/en/fund-centre/ETF/Clean-Energy
Expense ratio: 0.49%
Top 10
(This would fall under )
The L&G Clean Energy UCITS ETF (the “ETF”) aims to track the performance of the Solactive Clean Energy Index NTR (the “Index”)
https://fundcentres.lgim.com/uk/en/fund-centre/ETF/Clean-Energy
Expense ratio: 0.49%
Top 10
Shameless bump on this green ETF, perhaps a batch of green companies @Viktor? There’s certainly a number of them that people are looking for.
FYI, while not like for like this ETF has a TER of 0.49% compared to the iShares INRG with a TER of 0.65%. Another wouldn’t hurt with the limited selection
I see this has been added
Thanks for adding, @Viktor!
@Eden Great request. I have owned INRG for the past 12 months and I have been enjoying the ride
Are you thinking of this as a complementary ETF or alternative? I’ll look a bit more into the underlying assets, but wanted to get your thoughts on this.
There is a little overlap in some of the assets, i need to dig into it just a little bit more.
You can see the obvious omission in the top 10 as INRG holds an absolutely massive 10+% holding of Plug Power
I think they’re worth a deeper comparison
My data is a little old but here’s your underlyings of INRG and RENG
https://finki.io/etfData/etfShowAllHoldings.php?q=IE00BK5BCH80
https://finki.io/etfData/etfShowAllHoldings.php?q=IE00B1XNHC34
Quite a bit of cross over
Thanks @finki - That’s helpful
@Eden - I did a quick scan based on Finki’s links and I agree with you that there is a little overlap, but I think they are different enough for me to consider adding RENG alongside INRG for a nice long hold. Added to my watchlist
Are you still holding INRG, it’s been on a free fall for weeks now
Absolutely. I bought this at £5 so I’m still up, and I will keep this for the long run. I strongly believe in the underlying industry and think this will recover not too long from now and will continue its bull run. Unfortunately, I reached my ISA limit, otherwise I would be adding more to my portfolio.
Lucky you, I bought at its peak Do you have any insights as to why the price declined so much in the last month? What gives you confidence that it will recover again?