Simmons: As the economics of renewable energy have changed and society has become more concerned about emissions, we have seen increasing use of solar power, wind power, and other renewable resources. Each fund may be in more than one table on our site because they usually have more than one tag associated with them; for instance, a European equity mutual fund may be tagged as “developed markets”, “equity” and “Europe”. Energy Sector Equity Funds and ETFs are mutual funds that seek to provide exposure to stocks in the energy sector. I think that would continue with another Republican administration. Practice management news, reports, video and more. Fidelity is not recommending or endorsing this investment by making it available to its customers. If new climate protections are put in place, it would likely help accelerate the ongoing move to renewables and electric cars. View less. That could increase their rate base, and I think that could lead to earnings growth. But a Democratic administration may create a federal mandate that drives the adoption of renewables. This includes companies across the entire energy value chain, such as E&P firms,... Lazard Global Listed Infrastructure Portfolio, Mutual Funds Scorecard: November 11 Edition, Mutual Funds Scorecard: October 13 Edition, Trending: Top Three Precious Metals Equity Funds. They can be passive or actively managed. Each fund may be in more than one table on our site because they usually have more than one tag associated with them; for instance, a European equity mutual fund may be tagged as “developed markets”, “equity” and “Europe”. The biggest winners could be coal-fired utilities that may be able to go green more quickly, and companies that help manage the grid. Generally, data on Fidelity mutual funds is provided by FMR, LLC, Morningstar ratings and data on non-Fidelity mutual funds is provided by Morningstar, Inc. and data on non-mutual fund products is provided by the product's investment manager, trustee or issuer or the plan sponsor whose plan is offering the product to participants. Join other Institutional Investors receiving FREE personalized market updates and research. The table can be resorted by clicking the first row of any column. It would also benefit fossil-heavy-merchant power generators such as Vistra Corp. (VST) and NRG Energy (NRG). But the companies that provide infrastructure around the electrification of the transportation fleet have not really been getting much of a multiple boost. How COVID-19 Is Affecting ESG Investments? Kent Thune. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation. Updated March 09, 2020 Whether you are interested in socially responsible investing or you want to buy into a growth industry, a clean energy ETF can be a smart investment choice. He is a Certified Financial Planner, investment advisor, and writer. Enter a valid email address. There are some well-known renewable energy producers, such as NextEra Energy (NEE), and Dominion Energy (D), which could offer regulated renewable growth. (Separate multiple email addresses with commas), (Separate multiple e-mail addresses with commas). References to specific investment themes are for illustrative purposes only and should not be construed as recommendations or investment advice. Basically, the more money utilities can invest, the more they can charge. This includes companies across the entire energy value chain, such as E&P firms, oil service stocks, midstream/pipeline companies as well as downstream refiners/marketers of fuel. The best alternative energy ETF for Q4 2020 is the First Trust NASDAQ Clean Edge Green Energy Index Fund . To find out detailed information on Energy Equity Funds in the U.S. that are appropriately tagged by our analysts, click the tabs in the table below. Get industry-leading investment analysis. However, sector funds … Information that you input is not stored or reviewed for any purpose other than to provide search results. Read more Viewpoints The table can be resorted by clicking the first row of any column. So I think the sector looks attractive on an absolute and relative basis, and the fundamentals look stable. The outcome could shape tax policy and the shift to renewable energy. Fidelity does not guarantee accuracy of results or suitability of information provided. Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. What difference could the election make in the outlook for utilities? Utilities are a highly regulated sector that is converging with the energy sector as transportation becomes increasingly electric and a long-term move toward renewable energy takes hold. Understanding the Growing Interest in Collective Investment Trusts, Identifying the Warning Signs of a Bear Market, 25 Tips Every Mutual Fund Investor Should Know, 7 Questions to Ask When Buying a Mutual Fund. Utilities may be better positioned than other sectors in the event of higher corporate taxes, as they can pass tax increases on to clients, increasing cash flow. That is a long-term trend and I think that will continue, regardless of the outcome of the election. They can be passive or actively managed. A lot of stocks are trading at higher price-to-earnings multiples than they were before the downturn, but utilities have become cheaper.

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