Virtus Duff & Phelps Clean Energy ETF (ARCA: VCLN)

Latest news for Virtus Duff & Phelps Clean Energy ETF (ARCA:VCLN)

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Energy

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Basic Materials

The Fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. Duff & Phelps Investment Management Co., the Funds sub-adviser (the Sub-Adviser), defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy (e.g., biofuel, biomass, hydroelectricity, solar energy, wind energy, and battery storage, among others); (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. In determining whether a company derives at least 50% of its value from clean energy businesses, the Sub-Adviser evaluates the percentage of the companys reported or estimated revenue, profits, assets and capital expenditures that are allocated to, or derived from, the clean energy business.

First Solar Inc

Enphase Energy Inc Common Stock

Iberdrola Sa

Fortum Oyj

Vestas Wind Systems A/S

Consolidated Edison Inc.

Nextera Energy Inc.

Nextracker Inc

Enlink Midstream

Sunrun Inc

Virtus Duff & Phelps Clean Energy ETF

solar farm ai

Asia

Global

CTEC

FSLR

iShares S&P Global Clean Energy Index Fund

ICLN

RAYS

VCLN

The Biden administration&#39;s tariff increase on Chinese solar panels aims to protect US market and support energy independence, says First Solar CEO.

US Tariff On Chinese Solar Panels Creates &#39;Level Playing Field,&#39; Says First Solar CEO

Solar panels SolarEdge Technologies SEDG

Government

News

ETFs

ENPH

First Trust NASDAQ Clean Edge Green Energy Index Fund

QCLN

U.S. solar manufacturers want Biden to strengthen rules on solar tax credit to promote domestic production. Solar stocks fell on Wednesday.

Solar Makers Push Biden To Tighten Tax Credit For US-Made Panels

Verisk Analytics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSK#NASDAQ">VRSK</a>) has outperformed the market over the past 15 years by 4.07% on an annualized basis producing an average annual return of 15.69%. Currently, Verisk Analytics has a market capitalization of $38.91 billion. 
Buying $100 In VRSK: If an investor had bought $100 of VRSK stock 15 years ago, it would be worth $894.74 today based on a price of $275.58 for VRSK at the time of writing.
<h3>Verisk Analytics's Performance Over Last 15 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734649208_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Trading Ideas

VRSK

If You Invested $100 In This Stock 15 Years Ago, You Would Have This Much Today

Jones Lang LaSalle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JLL#NYSE">JLL</a>) has outperformed the market over the past 20 years by 1.69% on an annualized basis producing an average annual return of 9.89%. Currently, Jones Lang LaSalle has a market capitalization of $11.72 billion. 
Buying $1000 In JLL: If an investor had bought $1000 of JLL stock 20 years ago, it would be worth $6,666.58 today based on a price of $246.93 for JLL at the time of writing.
<h3>Jones Lang LaSalle's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734648313_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In Jones Lang LaSalle 20 Years Ago Would Be Worth This Much Today

BlackBerry Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) reported third-quarter financial results after the market close on Thursday. Here&#8217;s a look at the key metrics <a href="https://www.benzinga.com/pressreleases/24/12/ac42605872/blackberry-reports-third-quarter-fiscal-year-2025-results">from the quarter</a>.
Q3 Earnings: BlackBerry reported third-quarter revenue of $162 million. The company reported third-quarter adjusted earnings of two cents per share, beating analyst <a href="https://www.benzinga.com/calendars/earnings">estimates</a> for a loss of one cent per share, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
IoT revenue was&nbsp;$62&nbsp;million, up 13% year-over-year.&nbsp;Cybersecurity revenue totaled $93&nbsp;million in the quarter, up 7% year-over-year. Licensing revenue&nbsp;came in at $7&nbsp;million.
Total company gross margin was 74% in the quarter. Operating cash flow improved by $34 million year-over-year to $3 million. BlackBerry ended the quarter with $266 million in&nbsp;cash, cash equivalents and&nbsp;short-&nbsp;and long-term investments.
&#8220;BlackBerry achieved a significant inflection in its results this past quarter. Driven by a combination of strong revenue performance for both our Cybersecurity and IoT divisions, and continued focus on costs and efficiency, the company delivered stronger than expected profitability and a return to positive cash flow ahead of schedule,&#8221; said John Giamatteo, CEO of BlackBerry. 
From Last Week: <a href="https://www.benzinga.com/24/12/42477300/russian-state-backed-hackers-target-ukrainian-military-devices-via-spacexs-starlink-microsoft-report-reveals">Russian State-Backed Hackers Target Ukrainian Military Devices Via SpaceX&#8217;s Starlink, Microsoft Reveals</a>
Guidance: BlackBerry expects fourth-quarter revenue of $126 million to $135 million versus estimates of $161.49 million. The company anticipates fourth-quarter IoT revenue of $60 million to $65 million, secure communications revenue of $62 million to $66 million and licensing and other revenue of approximately $4 million.
BlackBerry expects full-year revenue of $517 million to $526 million versus estimates of $603.12 million. The company anticipates full-year adjusted earnings to be somewhere between breakeven and a loss of two cents per share, versus estimates for a loss of two cents per share.
Management will further discuss the quarter on a call with investors and analysts at 5:30 p.m. ET.
BB Price Action:&nbsp;<a href="https://www.benzinga.com/quote/BB" target="_blank" rel="noreferrer noopener">BlackBerry shares</a>&nbsp;were up 0.17% in after hours, trading at $2.98 at the time of publication Thursday, according to <a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga Pro</a>.
Photo: Courtesy of BlackBerry.

Earnings

Movers

Tech

BlackBerry Beats Q3 Earnings Estimates, But Soft Guidance Keeps Shares In Check

Legal

SVCO

Silvaco Says US Court Of Appeals For The Ninth Circuit Affirmed US District Court's Dismissal Of All Claims Brought By Aldini

ALLETE Says FERC Approved Proposed Transaction With CPP Investments And Global Infrastructure Partners

Guidance

PARR

Par Pacific Expects 2025 Capital Expenditure And Turnaround Outlay Guidance Of $210M - $240M

Marsh &amp; McLennan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMC#NYSE">MMC</a>) has outperformed the market over the past 10 years by 2.76% on an annualized basis producing an average annual return of 13.69%. Currently, Marsh &amp; McLennan has a market capitalization of $103.31 billion. 
Buying $100 In MMC: If an investor had bought $100 of MMC stock 10 years ago, it would be worth $360.25 today based on a price of $210.35 for MMC at the time of writing.
<h3>Marsh &amp; McLennan's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734647416_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Marsh & McLennan 10 Years Ago Would Be Worth Today

SPRY

ARS Pharmaceuticals Says Express Scripts Has Added neffy (Epinephrine Nasal Spray) To Its Commercial National Formularies

The Stock Repurchase Program will begin on December 19, 2024 and conclude on December 19, 2025.

Buybacks

FRST

Primis Financial Board Approves Stock Repurchase Program For Up To 740,600 Of Outstanding Shares Of Common Stock

As a result of this error, the Bank will record $8.1 million on a pre-tax basis of occupancy expense in the fourth quarter of 2024. On an after-tax basis, this will reduce fourth quarter diluted earnings per share by approximately $0.43.
As for the impact of ASC 842 in future years, it is expected that the correct calculation of lease expense will increase occupancy expense by approximately $1.6 million per year on a pre-tax basis.
It has evaluated the impact to income for each of the periods involved as well as the cumulative impact to 2024's results and have determined the understatement in the prior years as well as the impact to the results for 2024 are not material to the Bank's results of operations or its balance sheet.

PFBC

Preferred Bank Finds Unreconciled Difference In Its Calculation Of Its Right Of Use Asset And Lease Liabilities; Expects Additional Q4 Expense To Reduce Q4 EPS By $0.43

ASAI

Sendas Distribuidora Intends To Proceed With Voluntary Delisting Of Its ADSs From NYSE

BlackBerry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BB#NYSE">BB</a>) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.01) by 300 percent. This is a 100 percent increase over earnings of $0.01 per share from the same period last year. The company reported quarterly sales of $143.00 million which missed the analyst consensus estimate of $150.76 million by 5.15 percent. This is a 18.29 percent decrease over sales of $175.00 million the same period last year.

BlackBerry Q3 2025 Sales $143.00M Miss $150.76M Estimate

FCPT

Four Corners Property Trust Reports Acquisition Of A MercyOne Outpatient Clinic Property For $2.8M

BlackBerry is providing the following guidance for the fourth quarter and the full fiscal year 2025 (ending February 28, 2025).&nbsp;
As the sale of the Company's Cylance business is expected to close during the fourth quarter of 2024, that business is reported this quarter as discontinued operations, and the following guidance, except for non-GAAP basic EPS, is reflective solely of the expected results of the Company's continuing operations.

BlackBerry Now Expects FY25 Total Revenue Of $517M - $526M (Est $603.12M), Non-GAAP Basic EPS Of $(0.02) - Breakeven (Est $(0.02))

BlackBerry Expects Q4 Total Revenue Of $126M - $135M (Est $161.49M), Non-GAAP Basic EPS Of $(0.01) - $0.01 (Est $0.01)

Arch Capital Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACGL#NASDAQ">ACGL</a>) has outperformed the market over the past 10 years by 5.27% on an annualized basis producing an average annual return of 16.19%. Currently, Arch Capital Group has a market capitalization of $33.48 billion. 
Buying $100 In ACGL: If an investor had bought $100 of ACGL stock 10 years ago, it would be worth $446.81 today based on a price of $88.99 for ACGL at the time of writing.
<h3>Arch Capital Group's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734646508_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ACGL

Here's How Much $100 Invested In Arch Capital Group 10 Years Ago Would Be Worth Today

Cohealyx is designed for tissue integration and revascularization to facilitate wound healing, reduce treatment timelines, and improve patient outcomes in the treatment of full-thickness wounds.

RCEL

AVITA Medical Secures FDA 510(k) Clearance For Cohealyx

Exchange-traded funds are rewriting the financial playbook, with 2024 marking a historic <a href="https://www.benzinga.com/etfs">year for the industry.</a>
From record-breaking flows to innovative fund launches, Bank of America detailed $1.6 trillion in ETF inflows this year in a new note. The global ETF market has grown to a staggering $15.1 trillion in assets under management. 
Additionally, ETF launches hit an all-time high of 1,485 in 2024, and institutional ownership continues to surge, cementing ETFs as the cornerstone of modern investment strategies. 
Here's how the ETF ecosystem is evolving — and why it matters.
<h3 class="wp-block-heading">Record Year for ETF Growth</h3>
The numbers speak for themselves: over the last five years, the global ETF market has grown at a robust 19% annualized rate, amassing more than $15 trillion in assets under management. 
In total, 15,866 ETFs have been created since 1993, with 2024 alone contributing 1,485 of those — a record for both active and U.S.-listed ETFs.
Institutional investors, retail traders and even cash-strapped mutual funds are gravitating toward ETFs for their liquidity, tax efficiency and cost advantages.
<h3 class="wp-block-heading">The Rise of Active ETFs: A Balancing Act</h3>
While ETFs have historically been dominated by passive strategies, active ETFs are making their presence known. Active funds accounted for 18% of total inflows in 2024, signaling a growing appetite for alpha strategies.
Still, passive funds remain the kingpin, representing over 50% of equity fund assets by AUM. 
In fact, 93% of ETFs track some type of index, but the allure of active management is pushing innovation. 
Investors seeking more active strategies in passive funds are also driving mutual fund-to-ETF conversions. According to Bank of America, this trend is likely to accelerate in the coming years as mutual funds struggle to remain relevant.
<h3 class="wp-block-heading">SPY vs. VOO: New ETF Champion in the Making?</h3>
The SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) remains the largest and most actively traded ETF since its inception in 1993. But its throne is being challenged.
Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) has a 6.5-basis-point lower expense ratio compared to SPY and could potentially surpass it in AUM by 2026.
In 2024, VOO registered more than six times the inflows obtained by SPY. 
<h3 class="wp-block-heading">Fund Flows: The Biggest Winners of 2024</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<thead>
<tr>
<th>ETF</th>
<th>Fund Flows YTD</th>
</tr>
</thead>
<tbody>
<tr>
<td>Vanguard S&amp;P 500 ETF (VOO)</td>
<td>$122.75 billion</td>
</tr>
<tr>
<td>iShares Core S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVV#NYSE">IVV</a>)</td>
<td>$48.97 billion</td>
</tr>
<tr>
<td>iShares Bitcoin Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NYSE">IBIT</a>)</td>
<td>$37.04 billion</td>
</tr>
<tr>
<td>Vanguard Total Stock Market ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTI#NYSE">VTI</a>)</td>
<td>$29.96 billion</td>
</tr>
<tr>
<td>Invesco QQQ Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)</td>
<td>$25.38 billion</td>
</tr>
<tr>
<td>iShares Core U.S. Aggregate Bond ETF (AGG)</td>
<td>$20.62 billion</td>
</tr>
<tr>
<td>SPDR Portfolio S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPLG#NYSE">SPLG</a>)</td>
<td>$19.91 billion</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: TradingView as of Dec. 19, 2024. </figcaption></figure>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42594797/trump-wants-to-get-rid-of-the-debt-ceiling-30-year-treasury-bonds-fall-to-2024-lows-stocks-cut-gains">Trump Would &#8216;Lead The Charge&#8217; To Scrap Debt Ceiling: 30-Year Treasury Bonds Slide To 2024 Lows, Stocks Cut Gains</a></li>
</ul>
Photo via Shutterstock.

Analyst Color

Broad U.S. Equity ETFs

Markets

IBIT

SPLG

ETF Market Sets Records In 2024 As Inflows Reach $1.6 Trillion: 7 Funds Leading Charge

United States Steel Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/X#NYSE">X</a>) shares are trading lower in Thursday&#8217;s after-hours session after the company issued fourth-quarter guidance <a href="https://www.benzinga.com/pressreleases/24/12/b42604235/united-states-steel-corporation-provides-fourth-quarter-2024-guidance">below analyst estimates</a>.
What Happened: After the market close on Thursday, U.S. Steel said it expects to report a fourth-quarter adjusted loss of 25 cents to 29 cents per share. Fourth-quarter adjusted EBITDA is expected to come in around $150 million.
&#8220;Steel prices remained depressed and BR2 ramp-related costs exert pressure on the quarter, while the Big River team works towards increasing prime ton production in our new mill. Despite the challenging pricing environment across all segments, the North American Flat-Rolled segment continues to deliver strong EBITDA primarily through its robust commercial strategy and a diverse product mix,&#8221; said David Burritt, CEO of U.S. Steel.
Q4 Adjusted EBITDA By Segment:
<ul>
<li>The Flat-Rolled segment&#8217;s adjusted EBITDA is expected to be lower than the&nbsp;third quarter&nbsp;due to lower selling prices and volumes.</li>
<li>The Mini Mill segment&#8217;s adjusted EBITDA is expected to be lower than the&nbsp;third quarter&nbsp;due to lower volumes.</li>
<li>The European segment&#8217;s adjusted EBITDA is expected to be lower than the&nbsp;third quarter, largely due to the unfavorable impact of weak demand, resulting in lower volumes, average selling prices and volume inefficiencies.</li>
<li>The Tubular segment&#8217;s adjusted EBITDA is expected to be higher than the&nbsp;third quarter, primarily due to increased volume and lower costs due to the absence of outage activity.</li>
</ul>
&#8220;In Europe, the demand and pricing environment remains weak. To meet production volume requirements after unplanned downtime from a fire at the #1 Caster, we are temporarily operating three blast furnaces beginning Dec. 7, but expect to return to two blast furnaces by January. The Tubular segment continues to face pressure from a weak pricing environment,&#8221; Burritt added.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/12/42605034/fedex-stock-rallies-on-better-than-expected-q2-eps-freight-spin-off-announcement">FedEx Stock Rallies On Better-Than-Expected Q2 EPS, Freight Spin-Off Announcement</a>
U.S. Steel is due to report fourth-quarter financial results near the end of January. Analysts currently expect the company to report fourth-quarter revenue of $3.69 billion. Fourth-quarter earnings were projected around 16 cents per share before Thursday&#8217;s guidance update.
X Price Action: U.S. Steel shares were down 4.54% in Thursday&#8217;s after-hours session, trading at $30.28 at the time of publication, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: Courtesy U.S. Steel

Commodities

After-Hours Center

US Steel Stock Stumbles On Weak Q4 Outlook

The ASR agreements will be completed under Kroger's recently announced $7.5 billion share repurchase authorization. Kroger is funding the share repurchases under the ASR agreements with existing cash on hand.

Kroger Enters Agreements For $5.0B Accelerated Share Repurchase Program

Virtus Duff & Phelps Clean Energy ETF declares semi-annual distribution of $0.0892

Virtus Duff & Phelps Clean Energy ETF declares semi-annual distribution of $0.1051

Due to climate change concerns, the world is moving away from carbon-based fossil fuels to cleaner alternative energy sources, including renewable energy. Therefore, investors looking to go green and grow their portfolio could consider investing in these three renewable energy ETS: iShares Global Clean (ICLN), Virtus Duff & Phelps (VCLN), and First Trust NASDAQ Clean Edge Green Energy (QCLN). Read on… The clean energy boom is still in its early stages, making it difficult to predict which companies will emerge as top performers. Instead of trying to guess the winners, why not invest in renewable energy ETFs to gain broad exposure to the entire industry?
Below, I have highlighted three top renewable energy ETFs: the iShares Global Clean Energy ETF (<a href="https://stocknews.com/stock/ICLN/">ICLN</a>), the Virtus Duff &amp; Phelps Clean Energy ETF (<a href="https://stocknews.com/stock/VCLN/">VCLN</a>), and the First Trust NASDAQ Clean Edge Green Energy Index Fund (<a href="https://stocknews.com/stock/QCLN/">QCLN</a>), for those looking to build a green portfolio.
Renewable energy is steadily replacing fossil fuels as the go-to energy source. Due to climate change concerns and commitments made at the United Nations COP28 Summit, many countries are aiming to <a href="https://www.irena.org/Publications/2024/Apr/Tripling-renewable-power-by-2030-The-role-of-the-G7-in-turning-targets-into-action">triple their renewable energy capacity</a> by 2030 to meet the 1.5°C climate goal. Governments are also incentivizing businesses to adopt greener practices, making the market ripe for green energy expansion.
The U.S. Energy Information Administration (EIA) projects a <a href="https://www.theplanetforward.com/renewable-energy-in-2024-a-year-of-record-growth/">17% increase in renewable energy deployment</a> in 2024, adding 42 gigawatts (GW) of capacity and contributing to nearly a quarter of the nation's electricity generation. Federal investments and the demand for decarbonization from both public and private sectors fuel this growth.
Sifting through all of the renewable energy stocks out there can be daunting. While it costs more, buying an ETF makes it easy without having to pick and choose stocks yourself. Moreover, an ETF enables you to spread out your risk and diversify your portfolio, ensuring you're not reliant on a single company.
With the global renewable energy market expected to <a href="https://www.precedenceresearch.com/renewable-energy-market#:~:text=The%20global%20renewable%20energy%20market%20size%20was%20estimated%20at%20US,8.50%25%20from%202023%20to%202032.&amp;text=The%20hydroelectric%20power%20segment%20is,6.6%25%20from%202023%20to%202032.">exceed $2.18 trillion by 2032</a> (growing at a CAGR of 8.5%), investing in renewable ETFs, which include investments in solar, wind, hydroelectric, and geothermal companies, is a cost-effective way to tap into the sector's promising growth.
With that in mind, let's look at the fundamentals of the top three <a href="https://stocknews.com/category/energy-equities-etfs/">Energy Equities ETFs</a>, beginning with number 3.
ETF #3: First Trust NASDAQ Clean Edge Green Energy Index Fund (<a href="https://stocknews.com/stock/QCLN/">QCLN</a>)
Launched and managed by First Trust Advisors LP, QCLN invests in stocks of companies operating across energy sectors in the public equity markets of the United States. It seeks to track the performance of the Nasdaq Clean Edge Green Energy Index and has $703.40 million in assets under management (AUM).
The ETF has a total of 57 holdings, with its top 10 assets comprising 60.12% of its AUM. Its <a href="https://etfdb.com/etf/QCLN/#holdings">top holdings</a> are Tesla, Inc. (<a href="https://stocknews.com/stock/TSLA/">TSLA</a>), with a 10.68% weighting, ON Semiconductor Corporation (<a href="https://stocknews.com/stock/ON/">ON</a>), at 8.78%, followed by Enphase Energy, Inc. (<a href="https://stocknews.com/stock/ENPH/">ENPH</a>), and First Solar, Inc. (<a href="https://stocknews.com/stock/FSLR/">FSLR</a>), at 7.24% and 6.51%, respectively.
QCLN has an expense ratio of 0.59%, compared to the category average of 0.55%. Its fund outflows were $19.56 million over the past three months.
It is a reliable <a href="https://www.investopedia.com/terms/d/dividend.asp">dividend</a> ETF with a four-year average yield of 0.37%. QCLN pays an annual dividend of $0.29, translating to a 0.78% yield at the prevailing price level. Its dividend payouts have grown at a 44% CAGR over the past three years.
QCLN has gained 8.9% over the past three months to close the last trading session at $35.16. As of August 1, 2024, the ETF had an <a href="https://www.ftportfolios.com/Retail/Etf/EtfSummary.aspx?Ticker=QCLN">NAV of $35.15</a>.
QCLN's stance is apparent in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The ETF has a C grade for Buy &amp; Hold. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
It is ranked #25 out of 46 ETFs in the <a href="https://stocknews.com/category/energy-equities-etfs/">Energy Equities ETFs</a> group. In addition to what we stated above, we have also given QCLN a grade for Peer and Trade. Get all QCLN ratings <a href="https://stocknews.com/stock/QCLN/">here</a>.
ETF #2: iShares Global Clean Energy ETF (<a href="https://stocknews.com/stock/ICLN/">ICLN</a>)
As the name suggests, ICLN invests in companies' stocks within the clean energy sector. This includes utilities, independent power producers, and companies involved in renewable electricity, biofuels, solar energy, wind energy, and hydroelectric power generation. With $2.13 billion AUM, ICLN closely tracks the performance of the S&amp;P Global Clean Energy Index.
While it doesn't include many companies, its <a href="https://etfdb.com/etf/ICLN/#holdings">top holdings</a> include ENPH, which has a 7.15% weighting. FSLR is next at 6.82%, followed by MUTUAL FUND (OTHER) and Consolidated Edison, Inc. (<a href="https://stocknews.com/stock/ED/">ED</a>) at 6.62% and 6.05%, respectively.
The ETF has 103 holdings, with its top 10 assets comprising 52.49% of its AUM. ICLN's expense ratio is 0.41%, compared to the category average of 0.55%. Over the past month, its fund outflows were $76.32 million.
The fund pays an annual dividend of $0.22, translating to a 1.55% yield at the prevailing price level. Its dividend payouts have grown at a CAGR of 12.4% over the past three years. The fund's four-year average yield is 1.05%.
Over the past nine months, ICLN has gained 8.6% to close the last trading session at $13.98. It has also gained 5% over the past month. The fund's <a href="https://www.ishares.com/us/products/239738/ishares-global-clean-energy-etf">NAV was $14.01</a> as of August 01, 2024.
ICLN's mixed fundamentals are reflected in its POWR Ratings. The fund has a C grade for Trade and Buy &amp; Hold. Of the 46 ETFs in the Energy Equities ETFs group, it is ranked #24. <a href="https://stocknews.com/stock/ICLN/">Click here</a> to see ICLN's Peer rating.
ETF #1: Virtus Duff &amp; Phelps Clean Energy ETF (<a href="https://stocknews.com/stock/VCLN/">VCLN</a>)
VCLN is an exchange-traded fund launched and managed by Virtus ETF Advisers LLC. It invests in companies in the energy, industrial, IT, and utilities sectors, particularly those involved in solar and wind energy and the production, technology, and distribution of clean energy.
The fund has $5.50 billion in AUM and 43 holdings, with its top 10 assets comprising 46.03% of its AUM. Its <a href="https://etfdb.com/etf/VCLN/#holdings">top holdings</a> are ENPH, with an 8.29% weighting, and FSLR at 8.10%. They are followed by Iberdrola, S.A. (IBE.MC) and Consolidated Edison, Inc. (ED), with 5.01% and 4.93% weightings, respectively.
The ETF's expense ratio is 0.59%, higher than the category average of 0.55%. VCLN fund inflows were $2.91 million over the past year.
The fund pays an annual dividend of $0.19, which translates to a 1% yield at the current price level. Its four-year average yield is 0.58%. VCLN has returned 18.7% over the past nine months and 6.4% over the past month to close the last trading session at $18.47. The fund's <a href="https://www.virtus.com/products/virtus-duff-phelps-clean-energy-etf#shareclass.857/period.quarterly">NAV was $18.72</a> as of July 31, 2024.
VCLN's POWR Ratings reflect this promising outlook. The fund has an overall rating of B, which translates to Buy in our proprietary rating system.
It also has a B grade for Trade and Buy &amp; Hold. VCLN is ranked #22 among 46 ETFs in the same group. To access all the VCLN ratings, <a href="https://stocknews.com/stock/VCLN/">click here</a>.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
ICLN shares were trading at $13.90 per share on Friday morning, down $0.08 (-0.57%). Year-to-date, ICLN has declined -10.14%, versus a 12.12% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/icln-qcln-vcln-3-top-renewable-energy-etfs-for-a-green-portfolio/>3 Top Renewable Energy ETFs for a Green Portfolio</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Top Renewable Energy ETFs for a Green Portfolio

Clean energy ETFs are promising buys due to rising renewable demand, supportive policies, and recent positive returns. These ETFs offer diversification, lower risk, and strong growth potential in the expanding clean energy sector. Therefore, it could be wise to consider buying strong clean energy ETFs: iShares Global Clean Energy (ICLN), Virtus Duff & Phelps Clean Energy (VCLN), and Global X Renewable Energy Producers (RNRG). Read on... Investing in clean energy ETFs is becoming increasingly attractive due to rising global demand for renewables, driven by smart grid upgrades and supportive government policies. While clean energy ETFs initially lagged behind oil and gas ETFs, they are now gaining momentum. Recent positive returns and favorable geopolitical and economic factors indicate long-term growth potential.
Amid this backdrop, investors seeking a greener portfolio might consider buying strong clean energy ETFs, such as the iShares Global Clean Energy ETF (<a href="https://stocknews.com/stock/ICLN/">ICLN</a>), Virtus Duff &amp; Phelps Clean Energy ETF (<a href="https://stocknews.com/stock/VCLN/">VCLN</a>), and Global X Renewable Energy Producers ETF (<a href="https://stocknews.com/stock/RNRG/">RNRG</a>).
Clean energy is expanding rapidly, with key technologies advancing due to strong policy support and declining costs. According to the American Clean Power Association (ACP), <a href="https://cleanpower.org/news/investing-in-america-2024/">$500 billion</a> has been invested in U.S. clean energy over two years. The Department of Energy reports clean energy jobs grew by <a href="https://www.energy.gov/articles/doe-report-shows-clean-energy-jobs-grew-more-twice-rate-overall-us-employment#:~:text=In%202023%2C%20clean%20energy%20was,and%20the%20District%20of%20Columbia.">142,000 in 2023</a>, surpassing overall U.S. job growth and impacting emissions.
In 2024, solar, wind, and hydropower are projected to provide 22% of U.S. electricity, up from 21% in 2023, with a <a href="https://www.eia.gov/pressroom/releases/press554.php#:~:text=The%20U.S.%20Energy%20Information%20Administration,supply%20most%20of%20that%20growth.">rise to 24%</a> expected in 2025. Moreover, next-generation technologies, such as advanced nuclear and long-duration energy storage, are advancing, supported by federal funding and policies. This growth bolsters the clean energy sector and its infrastructure.
Consequently, clean energy is poised to be crucial in meeting U.S. electricity demands and fueling sector growth. Furthermore, clean energy ETFs are appealing for their diversification, lower risk, and focus on renewable sectors like solar and wind. With rising investments and positive market trends in renewables, investing in these ETFs offers promising opportunities for long-term growth.
Given this favorable backdrop, let's evaluate the three <a href="https://stocknews.com/category/energy-equities-etfs/">Energy Equities ETFs</a> picks, starting with number three.
ETF #3: iShares Global Clean Energy ETF (<a href="https://stocknews.com/stock/ICLN/">ICLN</a>)
ICLN is an exchange-traded fund launched by BlackRock, Inc., and managed by BlackRock Fund Advisors. It invests globally in public equity markets, targeting stocks of companies in utilities and clean energy sectors. The fund targets growth and value stocks across diverse market capitalizations and invests in companies deemed socially responsible and environmentally conscious. It aims to track the performance of the S&amp;P Global Clean Energy Index using a representative sampling technique.
With $2.10 billion in assets under management (AUM), ICLN's top holding is Enphase Energy, Inc. (<a href="https://stocknews.com/stock/ENPH/">ENPH</a>) with a 7.32% weighting, followed by First Solar, Inc. (<a href="https://stocknews.com/stock/FSLR/">FSLR</a>), with a 6.83% weighting, and Consolidated Edison, Inc. (<a href="https://stocknews.com/stock/ED/">ED</a>), with 6.32%. It has a total of 103 holdings.
It has an expense ratio of 0.41%, lower than the category average of 0.55%. It currently has a <a href="https://www.investopedia.com/terms/n/nav.asp">NAV</a> of $14.18. ICLN's fund outflows came in at $34.57 million over the past month.
The fund's annual dividend of $0.22 yields 1.54% on the current share price. Its four-year average yield is 1.06%. Moreover, its dividend payouts have increased at a CAGR of 12.4% over the past three years and 3.6% over the past five years.
ICLN has gained 5.2% over the past month and 2.2% over the past six months to close the last trading session at $14.18.
ICLN's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. The ETF's overall B rating equates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
ICLN has a B grade for Buy &amp; Hold, Peer, and Trade. Of the 46 ETFs in the <a href="https://stocknews.com/category/energy-equities-etfs/">Energy Equities ETFs</a> group, it is ranked #12. <a href="https://stocknews.com/stock/ICLN/">Click here</a> to access all of ICLN's POWR Ratings.
ETF #2: Virtus Duff &amp; Phelps Clean Energy ETF (<a href="https://stocknews.com/stock/VCLN/">VCLN</a>)
VCLN is an exchange-traded fund launched and managed by Virtus ETF Advisers LLC, with co-management by Duff &amp; Phelps Investment Management Co. It invests globally in public equity markets, focusing on companies in energy, technology, utilities, and clean energy sectors. The fund targets both growth and value stocks across various market capitalizations, prioritizing socially conscious companies that promote environmental responsibility. It uses fundamental and quantitative analysis with a bottom-up stock-picking approach to build its portfolio.
With $5.10 million in AUM, the fund has a total of 43 holdings. VCLN's top holding is ENPH with an 8.38% weighting, followed by FSLR with an 8.29% weighting, and ED with 6.66%.
VCLN has an expense ratio of 0.59%, higher than the category average of 0.55%. It currently has a NAV of $18.63. Its fund outflows came in at $2.18 million over the past year.
VCLN's annual dividend of $0.19 yields 1.01% on the current share price. Its four-year average yield is 0.59%.
VCLN has gained 11.7% over the past six months and 7.2% over the past nine months to close the last trading session at $18.61.
VCLN's strong outlook is reflected in its POWR Ratings. The ETF has an overall rating of A, translating to a Strong Buy in our proprietary rating system.
It has an A grade for Buy &amp; Hold and Trade and a B for Peer. It is ranked #9 in the same group. To access all the POWR Ratings for VCLN, <a href="https://stocknews.com/stock/VCLN/">click here</a>.
ETF #1: Global X Renewable Energy Producers ETF (<a href="https://stocknews.com/stock/RNRG/">RNRG</a>)
RNRG is an exchange-traded fund launched and managed by Global X Management Company LLC. It invests globally in public equity markets, focusing on companies in utilities, hydroelectric power generation, solar and wind energy, alternative energy resources, biofuels, and renewable electricity producers. The fund invests in both growth and value stocks across various market capitalizations and seeks to track the performance of the Indxx Renewable Energy Producers Index using a full replication technique.
With $37.60 million in assets under management (AUM), RNRG's top holding is PT Barito Renewables Energy Tbk (BREN) with a 7.22% weighting, followed by Centrais Eletricas Brasileiras SA-Eletrobras (ELET3), with a 6.53% weighting, and EDP Renovaveis SA (EDPR), with 6.24%. RNRG has a total of 43 holdings.
RNRG has an expense ratio of 0.65%, higher than the category average of 0.55%. It currently has a NAV of $10.69. Its fund outflows came in at $804.91 million over the past month.
The ETF pays an annual dividend of $0.15, which yields 1.39% on the current price. It has a four-year average dividend yield of 1.70%.
RNRG has gained 9.5% over the past six months and 8.8% over the past month to close the last trading session at $10.69.
RNRG's POWR Ratings reflect its promising prospects. The ETF's overall A rating equates to a Strong Buy in our proprietary rating system.
RNRG has an A grade for Buy &amp; Hold and Trade and a B for Peer. In the Energy Equities ETFs group, it is ranked #8. <a href="https://stocknews.com/stock/RNRG/">Click here</a> to access all of RNRG's POWR Ratings.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
ICLN shares were trading at $13.91 per share on Friday afternoon, down $0.27 (-1.90%). Year-to-date, ICLN has declined -10.08%, versus a 14.40% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/icln-rnrg-vcln-3-clean-energy-etfs-to-buy-for-a-greener-portfolio/>3 Clean Energy ETFs to Buy for a Greener Portfolio</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Clean Energy ETFs to Buy for a Greener Portfolio

RNRG

The Biden administration&#8217;s doubling of the U.S. tariff on <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/05/39030415/why-first-solar-is-a-must-watch-stock-in-the-ai-era">Chinese solar panels </a>is key to protecting the domestic market from China&#8217;s predatory behavior, says Mark Widmar, CEO of First Solar, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FSLR#NASDAQ">FSLR</a>).



First Solar is expected to report second-quarter earnings after Tuesday&#8217;s market close, more than two months after the Biden administration announced that the tariff on Chinese solar panels would increase to 50%.



&#8220;What we&#8217;re trying to do is make sure that we have a level playing field so that all U.S. companies who manufacture here in the U.S. have an opportunity to compete on their own merits,&#8221; Widmar said on Monday during an <a href="https://www.msn.com/en-us/money/markets/first-solar-ceo-mark-widmar-latest-us-tariffs-on-china-creates-level-playing-field/vi-BB1qPATo">interview</a> with CNBC.



&#8220;This is just one of many tools that&#8217;s already part of the overall policy environment that we think is instrumental to ensure that there&#8217;s a level playing field and there&#8217;s opportunities for cycles of innovation to happen here in the U.S. and ultimately support of long term energy independence and security.&#8221;



China is flooding solar panel markets in the U.S. and other countries with less expensive panels because it has an oversupply that is four times the demand in its own country, he said.



Read Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/07/40016174/justin-sun-urges-china-to-reconsider-crypto-policies-as-donald-trump-promises-bitcoin-stoc">Justin Sun Urges China To Reconsider Crypto Policies As Donald Trump Promises Bitcoin Stockpile</a>



&#8220;Right now, they&#8217;re dumping that product into international markets and doing that is creating an unfair competitive advantage and devastating others that are trying to compete and create self-sufficiency around this emerging technology that we think we need here in the U.S. and other markets,&#8221; Widmar said.



&#8220;Someone has to step back and reflect upon what China&#8217;s predatory behavior is doing.&#8221;



The U.S. has a bloated inventory of more than 30 gigawatts of solar panels, in great part due to China &#8220;dumping&#8221; solar panels into the U.S. market, Widmar said.



Beijing is trying to correct China&#8217;s oversupply of solar panels, but it should not do that at the expense of other countries, he added.



&#8220;Our view is if China wants to destroy its own industry let it do that on their own accord,&#8221; Widmar said.



&#8220;Let&#8217;s not paint that into the U.S. market.&#8221;



Price Action: Shares of First Solar fell 2.80% to $220.40 on Monday, as did a majority of the exchange-traded funds that hold the stock.



<ul>
<li>Global X CleanTech ETF (NASAQ: CTEC) slipped 2.05%.</li>



<li>Global X Solar ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAYS#NASDAQ">RAYS</a>) declined 2.91%.</li>



<li>Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) dropped 2.41%.</li>



<li>Virtus Duff &amp; Phelps Clean Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCLN#NYSE">VCLN</a>) gained 1.83%.</li>



<li>IShares Global Clean Energy ETF NASDAQ: ICLN) went down 0.85%.</li>
</ul>



Read Now: 



<ul>
<li><a href="https://www.benzinga.com/etfs/sector-etfs/24/07/39993019/everythings-bigger-in-texas-lone-star-state-will-build-more-clean-energy-than-next-10-states-com">Everything&#8217;s Bigger In Texas: Lone Star State Will Build More Clean Energy Than Next 10 States Combined</a></li>
</ul>



Image created using artificial intelligence via Midjourney.

US Tariff On Chinese Solar Panels Creates 'Level Playing Field,' Says First Solar CEO

U.S. solar manufacturers are prodding the Biden administration to toughen the rules on a law that gives a <a href="https://www.benzinga.com/news/24/07/39776035/solar-stocks-tumble-following-failed-assassination-of-trump-whats-going-on">10% tax credit </a>solar project developers who use materials made in the U.S.A.



The administration sought to encourage investment in clean energy and deter reliance on Chinese goods through the 2022 Inflation Reduction Act, which requires that 40% of the cost of a developer&#8217;s materials comes from U.S.-manufactured solar products.



But the Solar Energy Manufacturers for America Coalition (SEMA) said developers can reach that 40% requirement just by buying U.S.-made mounting racks and inverters, and then purchasing the solar panels overseas, Reuters reported.



Also Read: <a href="https://www.benzinga.com/trading-ideas/technicals/24/05/39068775/enphase-energy-solar-giant-shines-with-golden-cross-breakout">Enphase Energy: Solar Giant Shines With Golden Cross Breakout</a>



SEMA also said the situation undermines the administration&#8217;s goals of building a robust solar supply chain to compete with China because solar panels are more difficult and expensive to produce than the other components.



Price Action: Solar panel manufacturers trended downward by Wednesday&#8217;s late-morning trading.



Enphase Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>) declined 4.36% to $111.10, while Brookfield Renewable Partners L.P. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BEP#NYSE">BEP</a>) slid 2.78% to $25.19 and Sunrun Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RUN#NASDAQ">RUN</a>) dipped 2.49% to $16.85.



Exchange-traded funds that hold shares of Enphase, which has the largest market capitalization of $17.1 billion, <a href="https://www.forbes.com/advisor/investing/best-solar-power-stocks/">according </a>to Forbes Advisor, also fell by late morning on Wednesday.



Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) fell 3.06% as Global X Solar ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RAYS#NASDAQ">RAYS</a>) declined 1.60% and Virtus Duff &amp; Phelps Clean Energy ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VCLN#NYSE">VCLN</a>) dropped 1.18%. First Trust NASDAQ Clean Edge Green Energy Index Fund (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCLN#NASDAQ">QCLN</a>) shed 3.24% and iShares Global Clean Energy ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLN#NASDAQ">ICLN</a>) declined 1.92%.



Read Now: 



<ul>
<li><a href="https://www.benzinga.com/markets/esg/24/05/38759168/solar-is-leaving-wind-in-the-dust-as-world-renewable-energy-hits-new-high">Solar Is Leaving Wind In The Dust As World Renewable Energy Hits New High</a></li>
</ul>



Photo: Andreas from Pixabay

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