Clean-energy exchange-traded funds had $22.2 billion in assets under management as of Nov. 30. The AUM has grown by 76% since Nov. 30, 2020.
Renewed interest in clean energy ETFs
The ETFs saw a cumulative $8.8 billion of net inflows from November 2020 to January 2021. After tapering off, the past three months have seen positive flows. However, with natural gas and crude oil prices higher than a year ago and worldwide governments pledging action on climate change, clean-energy companies could continue to receive investors' attention.
With $6.5 billion of AUM, BlackRock's iShares Global Clean Energy ETF is the sector's largest fund. It tracks the S&P Global Clean Energy index. As of early December, about 56% of the fund's assets were invested outside of the U.S.