To use a specific example, let's say PBW vs CTEC.
PBW (Invesco Wilderhill Clean Energy ETF)
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Geographic breakdown: 82% United States. 10% China. 5% Canada. 2.6% Chile.
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Top 10 holdings: FuelCell, Blink, NIO, Plug Power, Livent, SunPower, Enphase, Dago, Maxeon Solar, Tesla (Top 10 comprise of 32.83%) (See all holdings)
CTEC (Global X CleanTech ETF Mirae Asset)
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Geographic breakdown: United States 33%. South Korea 12.7%. China 11.7%. Germany 6.2%. Spain 5.7%. Denmark 5.6%. Canada 5.3%. Hong Kong, UK, Britain, Norway 2.7-3% each.
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Top 10 Holdings: Enphase, Solaredge, Plug, Xinyi, Vestas Wind, Siemens, Samsung, First Solar, Hanwha Solutions, Johnson Matthey PLC. (See all holdings)
Each fund has it's pros and cons. For example PBW has much longer history and you can trade options on it. But PBW is also higher in expense ratio at .7%, which seems kind of high compared to CTEC's .5% -- especially considering all PBW is doing is following an index.
However, the question I want to focus on is whether you would invest in a fund that's mostly US-centric, or one that's more diverse? Which one offers more growth? More security? Why do you feel this way? Do you like CTEC's picks?
Submitted December 15, 2020 at 10:41PM by r2002 https://ift.tt/2WmptXY
