So far in 2019, the $344 million Invesco Solar ETF (TAN), a renewable energy ETF that tracks the global solar power industry, has risen a whopping 45.1%. In contrast, the SPDR S&P 500 ETF Trust (SPY) has risen 15.9%.
With natural gas prices on a downward slide and the Trump administration devoted to supporting the domestic fossil fuel industry, the fact that a solar power ETF has outperformed all other ETFs is surprising, to say the least (read: “ETF Of The Week: Solar Fund Shines“).