ICLN
iShares Global Clean Energy ETF
Mentions (24Hr)
-100.00% Today
Reddit Posts
What stocks do you compare your performance to by default? (SPY, ICLN, USO here)
What Do I Diversify Into? (small $ monthly investments)
Why are clean energy stocks dropping so much, and so consistently?
Will clean energy (ICLN) come back any time soon? - Capital loss predicament
GET READY Green Energy ETF are in rebound territory !!
Is it better to invest in multiple ETFs or stick to 1?
Few thousand in cash saved up. Invest it all at once or spread it out?
Is creating a 5 fund sector for fun a bad investment idea?
Is there a free website that shows all the underlying companies' financials in the ETF?
Will clean energy make a quick comeback or should we expect a long, slow recovery?
Big Announcements Coming for Clean Energy? Options Say Yes
how will the current situation with russia impact clean energy generally and stocks such as ICLN in the future?
Clean Energy Stocks (ICLN ETF) and PLTR continue to climb. World needs better clean energy this is showing more and more, and the world needs better defense intelligence like PLTR’s Gotham.
Green Energy Investments more attractive as a result of Putin's war?
Came up on some money and dumped it into ETFs but theyre all down, what to do?
Can someone help out a stock noobie? Questions about taxes
A thoughtful consideration of LCID from a layperson
Is there an internationally diversified ETF that tracks the performance of unethical companies?
Received some extra funds and decided to put together a portfolio, can we talk about it?
Feeling like a complete and total idiot....should I cut my losses?
Best way to get out of worthless -38k options that expire next year for tax write off THIS year?
Thinking of beginning a calendar & strike call spread on clean energy ETFs.
Upcoming infrastructure bill - You dont want to miss this hidden bill & multi-banger stock play!
1T infrastructure bill finally passed, what to buy now???
Our family wants to build an green energy family fund with monthlyy purchases over the next 5+ years, What stocks do you recommend?
Revised "Build Back Better" Act Framework: ICLN, U-CLN, We-All-CLN
Into the end of 2nd year of my investing career, I seek more guidance/advice from you.
Is there any reason to invest in any other ETFs if you buy VTI?
Went long on the ICLN hype last year. Guess I just hold and hope something happens at this point?
Went long on the ICLN hype last year rip lol
Just rolled over my 401K to IRA. Critique my plan.
Solar? Bullish? What are your thoughts on the clean green future.
Still in buy the rumor territory on clean energy
Is Nuclear really the stepping stone to global net-zero emissions? Why I think the approach to nuclear must change.
Carbon credit units trading for retail investors
No Good Deed, How Retail Will Get Fucked Doing The Right Thing
PSTH, ICLN & PLTR really made my savings bleed slowly. Especially PSTH ( worst investment of life time)
Clean Energy is a necessary Hail Mary. Buy 2023 Leaps on $TAN, $ICLN, $PBW, $QCLN
GDNP.V Plant Based Packaging With Loads of Potential (DD)
$ENG is a hydrogen/clean energy play that is primed for a breakout amid a number of bullish factors!
Mentions
Damn, ICLN is a ticker I haven’t seen in years…Going from a high of around 52$ in 2008 to around 17$ today is even crazier.
Not often I see European tickers on here. Pretty sure IQQH is ICLN in America.
So I'm doing ETFs, which don't drop as fast/much as stocks do. So they're easier to react to, AND less susceptible to 'revenge holding' the ticker "because it *has* to come back." They don't. So of course every day in your account your going to see the value of your LEAPS Calls. And hopefully your broker provides your Buy price there too. So it's easy to see if your Call is gaining or losing value. Once it starts losing value, I look at its chart: is it a blip, or a "rollover" where now the ticker is heading down? I look back 1 month, and if the ticker today is trading for what it was a month ago, I sell the position and move on. "Cut your losers and let your winners run." You have to be ruthless about that. Take a look at [this chart of ICLN rolling over.](https://imgur.com/a/aHLjOAx) It's the green line. (The other 3 are the ETFs I'm in right now.) It had been doing well, but then it leveled out and started going down. I was fading out of it last week, and got completely out on Friday. So that works, and is a pretty-concrete thing to look at that fits with my OCD. But I'm starting to think that a 2-week lookback might be better.
Update as per my knowledge Healthcare 25% CSL Clean energy and Minerals 15% ICLN - iShares Global Clean Energy ETF 7.5% LIT - Global X Lithium & Battery Tech ETF 7.5% Tech infrastructure - 30% HACK - Betashares Global Cybersecurity ETF 10% SMH - VanEck Semiconductor ETF 10% NDQ-NASDAQ 100 ETF 0% Defence/Energy 15% DFND - VanEck Global Defence ETF Global Economic Utility 0% 100 - iShares Global 100 AUD ETF U.S. Economic Utility 0% VTI - Vanguard Total Stock Market Index Fund ETF Keep extra as a liquid for opportunity 😁
You're going to underperform the market. To overperform the market, you'd need VTI, QQQ, IOO and you can use spare charge on DFND and HACK. LIT and ICLN are terrible. Healthcare is a hit or a miss and has underperformed the market.
ICLN CNRG TAN PBW ACES QCLN EARTH all gonna boom, either we have a functioning climate or there won’t be a stock market, it s a safe bet unless God reverses all climate change and bad infrastructure to good infrastructure overnight
I remember NIO and the ICLN days, good times, nice green, and then it all goes away. Nio had price targets of 120+, solar stocks were going to boom, they got delisted.
so ICLN is a buy?
I only trade ETFs now because I've been burned too many times by individual stocks. And I trade them on 3-month momentum. My 3 current favorites (which along with GLD and TLT make up my whole portfolio) are: ICLN, SMH, XBI [This is what they look like](https://imgur.com/a/jebeFaQ) over the past 3 months. If they continue that average 9%/month rate for just the next month or two, capture it with the \~3x leverage of 80-90-delta LEAPS Calls. And when those taper off, find replacements.
> When we know everything is going red until December because Powell Nobody knows that or anything else in investing with 100% certainty. A favorite example in recent years was people pouring money into ICLN after the election in 2020 because they thought it was certain to be free money under Biden. Around the inauguration that January was the top - it's finally started to bounce years later, but it's still about half of where it was at the top.
"SPCE" Don't buy names just because they are part of a theme and/or have some sort of notable figure. Branson dumped a business on the public that was never going to sustain itself. He and Chamath sold a shit ton in the 30's. " BB" Meme stocks *at most* are trades. Related: the Blackberry movie was actually pretty decent. "USOI" Don't buy ETNs/commodity-specific ETFs. "ICLN" Everyone piled in in the couple of months before Biden took office thinking that green was free money and turned it into a mini bubble. The top was a week or so before the inauguration. Then higher rates and other issues resulted in it cratering further. IMO: ICLN has had a good year and I'd consider keeping that as a supporting player but not a huge position. The others I'd absolutely dump.
ICLN is up 59% YTD so it doesn’t seem to be completely festering away. Taking a look at the SPCE chart is wild. It spiked above $1000 in Jan 2021, dipped down to around $300 in May, and then shot back to above $1000 in July. It’s now at $4.
ICLN has been slowly gaining ground back.
Sounds like you've made a lot of progress, and I'm glad my trading plan fit with other things you've heard and thought. Once you started looking at ETFs it was eye-opening, wasn't it? If we can find those ones doing 30, 40, 50% per quarter and ride them for a month or two of that, then we ought to be able scalp some of that return ourselves. And then the leverage of LEAPS Calls makes them all the more worthwhile. Good for you starting to sell CCs! They're the simplest thing you can do with options, but few do them. They do have drawbacks when the stock runs too hard and they cap gains, but I like the dampening effect they have when the stock goes down. So read up on them more, and play with them more, but know that you literally can't lose money if you sell them above the Cost Basis of your stock. Yesterday I put on these 5 ETFs in my sister's rollover IRA, and today the same 5 in mine and my wife's: GLD TLT ICLN SMH XBI Gold and Treasuries will always be part of my accounts, then 3 ETFs chosen on momentum. 20% in each. As the momentum choices flatten and roll over, they'll be replaced with the current best ones.
Ah, I see now that I did promise to capture fills on all 3. In my mind it was only on XBI, because that was the one So-I-Fink had called out specifically. SMH & ICLN spreads were much tighter, and I was able to walk them in from the beneficial side of Midpoint also. When I've decided to buy, I just buy. I should wait for a down day at the very least, but I don't have the patience. I figure it all works out in the end.
Thanks for the update. I assume you didn't go for SMH and ICLN? Just trying to understand how one makes decisions when buying
True, but generally irrelevant. Here on the weekend the spreads are especially wide, but when the market opens Monday they'll tighten up some. And even if they're still wide, you generally get filled very near Midpoint. Whether it's the Market Makers being nice guys (ha!), or my brokerage (Schwab) giving me Best Fill, I'm usually filled within in a penny or two of Mid. In fact, I'll do an experiment for us: I'm going to buy 80-delta LEAPS Calls on these 3 ETFs Monday (SMH, ICLN, & XBI) and I'll take a screenshot of my orders, capturing the spreads in the shot, and then my fills. I'll post them here and we'll finally know whether wide spreads on thinly-trade tickers matter. RemindMe! 39 hours (Capture fills on SMH, ICLN, XBI)
Thank you! **SOXL** is triple-leveraged, as you probably know, so watch that dude closely. Those 3 in the screenshot above are the ones I'm going to put my sister's money in Monday, so I'm comfortable recommending them to anyone. But have you seen [how I screen ETFs on Barchart](https://imgur.com/a/screening-etfs-on-barchart-zLCc55F)? That's what I did today, and those 3 above (**ICLN**, **XBI**, **SMH**) are the ones I picked based on their smoothness. You can find "higher," but you won't find smoother over the past 3 months. Do you know how to calculate the leverage you're getting with LEAPS Calls? If you really think about the insane returns they offer, you'd be happy to 'settle' for smoother returns over **volatile** potentially-higher ones. Cheers!
Ethics is pretty subjective and it'll make investing pretty difficult and not very worthwhile. Check out ESGU, ESGV, ICLN, and TAN and see if they may fit what you're looking for.
I don't, really. But if OI is zero, and the AH Bid/Ask is 0.00/30, then I can't get a good fix on what the price of that option is going to be tomorrow when the market opens. (I'm looking at ICLN, specifically the 21Nov18.5C that I might want to sell as a CC.) But if I go out to the first LEAPS expiration, the 451DTE 15Jan27 expiration, there's plenty of liquidity there around 80-90-delta. And B/As are wide here AH, but I"m sure those will tighten up when the market's open. So yeah, maybe not zero in the places I'd want to buy or sell, but other than that I don't think about it. Because really, the Market Maker is there to make a market, whether you're buying or selling. So don't worry about getting stuck in an option you can't sell. At least it's never happened to me.
Why is no one talking about ICLN? It’s been on an uptrend for a while now.
If it’s a taxable brokerage, I’d go with VTI/VXUS and a percent of SHY (if you want to preserve capital and if you’re worried about market crash, go with GOVT). If you like a little spice in your life, leave a small % so you can play around with certain stocks. For me, I put a few in ICLN and PICK to name a few. My best pick so far was VSTM where I would’ve made sooo much if I’d just put in a lot of money. But I’m not that adventurous. 😂 I would also DCA.
I have some energy stocks and etfs as part of my portfolio, a mix of different sources of energy. GRID, ICLN, AMLP, VNOM, LNG, NEE and as a higher risk speculative play PROP.
Feeling great today which the ACB and TLRY climbs were stronger and would help SNDL too. ICLN and MTB are also treating me nicely. Really hoping the runs keep going.
Sometimes these moves happen without any major news—could be a combination of technical buying, fund flows into clean energy ETFs, or short-term market sentiment. ICLN and solar stocks can also react to broader green energy or policy optimism even without a specific headline. Worth keeping an eye on if it continues tomorrow.
Anyone here remember ICLN? Just realised I’m still bagholding shares in my isa. What a piece of shit
ICLN (iShares Global Clean Energy ETF) peaked in very early 2021, right around Biden's inauguration. https://testfol.io/?s=32wLGrDXBxM Be careful betting on what you'd expect to happen.
Sold my ICLN bags in my Roth today after watching it trade sideways for years… fuck it, moved over to some growth ETFs for longer term!
Ugh, ICLN wrecked me too...and was so good for a while. Hindsight is 20/20!
Energy ETF and EV’s are running 🏃🏻♂️ ICLN and CLNE ftw
Noted destroyer of wealth ICLN and MongoDB.
Clean energy stocks are on the rise 📈 ICLN, CLNE, ENPH
Clean energy stocks are gonna be a win this year ICLN,CLNE,ENPH
How do you look at ICLN's chart and think it's solid compared to the S&P 500?
How we feeling about money rotating back to renewables? ICLN up 14% YTD, FAN up 20%
ICLN quietly up 11% on the year. Will renewables finally turn around this year?
My cousin, a financial adviser from Edward Jones, some how convinced me to open a brokerage with them. First mistake. Then, he dumped everything into NIO and ICLN. He also threw me into some front loaded funds with 2 percent expense ratios. I’m down close to $100,000.
ICLN outperforms SP500 (2021). ARKK outperforms SP500 (2021). Famous words
I had planned on entering energy in July with a split between VDE and ICLN to have clean and unclean energy. Definitely need to pivot somehow.
I bought ICLN when Biden won in 2020, thinking it would make good gains over then coming 4 years. I sold it at a small loss in January. Is there an administration that's good for the green energy sector?
FWIW I just started but my most consistent winner this year has been ICLN, a global clean energy ETF. Not huge wins, but it's not as tied to US markets as the big ETFs. So it gives my portfolio both an ethical basis for investing and diversification. It's actually mitigated some short term losses. I also dumped IVV at just the right time (mostly dumb luck but I did stick my thumb in the wind on Monday and I didn't like what I felt) and moved into FGDL (responsibly sourced gold) to get a commodities position, which I think will be important as USD slides over the next ~year.
Fair question. Before COVID, my business was the only source of income for the household for about 20 years. But during COVID my income dropped by 80! The missus had to get a job, and now she has a 401k that's matched by her employer. Over the last 4 years my income improved, but not back to where it was. It was still enough, though, that she was able to put the maximum amount into her 401k. So even though we didn't quite say it like this, I guess we're treating her 401k more like the safe retirement, and mine is prepared to be a little more volatile. I wouldn't hate moving mine over to an index fund, honestly, but it's kinda hard to let go. I have some stocks that have made a killing (RCL has made over 500%!), so I'd hate to give those up. But about half of my portfolio has lost money (like YOLO and ICLN), and I hate to abandon them when they "could" bounce back. I'm pretty sure that we're going to continue seeing crashes over the next 4 years, though, so when the next big one happens I really might liquidate my portfolio and put it all in an index fund.
Remember that week we gave af about ICLN?
I’m approaching my 40’s, live in the US, and have somewhat steady income. Back in the beginning of the Biden administration, I thought (like many others apparently) that green ETFs (ICLN, QCLN, TAN, PBW) would be good investments. Ironically, they did better under Trump 1, and I lost around 60% of my original investments over the course of the Biden administration. This was never money that I really needed, but I was hoping that this would sort of help with my retirement. I’ve been watching them slide and people have been telling me to hang onto them, but now we’re back with Trump, the EPA is being gutted, and I wish I had cut my losses way back. I would like to continue investing and supporting green energy, but I’m not sure that’s going to work out. I especially think I would like to dump the QCLN, which is about 7% TSLA, and I think TSLA is going to tank. So, I’m thinking about taking that QCLN, and possibly more, and pivoting to just solar, and specifically FSLR, which is in a dip. I read that solar has been having a great two years and is currently the fastest and cheapest way to power anything. I know the head of the EPA is boosting natural gas, and Trump hates wind, but he has said in the past that he “likes" solar. FSLN is US based and not Musk. I guess I’m just wondering if it makes sense to pivot, from QCLN and possibly those other holdings to FSLR and maybe other things in the green space that might endure Trump 2. Again, I don’t have an acute need for this money at the moment. It would be great if I could just have some extra padding on my retirement in 20 years or so.
Somewhat/kinda related: I still am surprised by all the people who kept saying that Musk having a role in the administration would be a good thing for Tesla. Even at the very beginning, him being a part of the administration may have helped from a regulatory sense but net/net it wasn't going to sell cars. And then everything that's happened since. The move post election was a complete bubble that was much worse than when everyone thought Biden was going to make clean energy easy money and piled into ICLN. TSLA was up 90% in a little over a month on nothing that was really that positive. I thought Musk was totally going to join the administration, dump the stock in the same advantaged way that Gary Cohn did with with his Goldman stock and maybe Musk puts some figurehead into place as CEO that really winds up being the "face" of the company while he still has his input. Nope. I don't think that Tesla is a zero but the company has managed to avoid the label with investors of car company (traditionally not a good industry for investors) for years, largely thanks to Musk. Tesla is the first company that actually made the stock kind of a product in/of itself. Does that finally start to erode a little? Does Tesla start to get valued even a LITTLE more like a car company until it can really materially show that it has become something more than that? Maybe. If that's the case the stock isn't a zero but the price certainly has further to decline.
Last week I went PICK, and energy global with two funds for clean energy, PBD/ICLN. Only a few hundred per. Just cause everyone's all a sudden hating clean energy doesn't mean they aren't willing to make money off it.
Except green energy company stocks have lost money or been relatively flat. Take ICLN for example. The ishares clean energy etf. It's down nearly 8% over the past 5 years.
It doesn't cover developed markets outside Europe. So you'd be missing places like Australia and Japan. Nasdaq 100 already has heavy representation within the S&P 500. And why take the extra bet on companies largely based on "which of the US exchanges they trade on"? I'd avoid sector bets. Take a look at how VTWAX (total world stock) vs ICLN (global clean energy) has performed over the past 10 years and learn that sector hype can come and go: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=41MpwG1uuLm2HsX1PyzLrp Basically this looks like a more complicated version of the https://www.bogleheads.org/wiki/Three-fund_portfolio with a few "bets" added in.
All the ICLN/KRBN bagholders are currently otherwise engaged making sure the fries end up in the bag.
I've been selling. Will keep some as a long-term position but not buying here at all. I don't disagree with anything you said but the stock was up about 75% going into the election (which, in any name is an awfully good year in/of itself) then proceeded since then to go up about another 56% in a matter of about a month before pulling back and it's still up 150% YTD. The concern that I have is that it feels like you have a handful of things that people believe are "easy money" because of the election. For those who were on here in late 2020, there was also a lot of discussion that the clean energy ETF was "easy money" because of Biden. So you had the ICLN etf go up about 55% between the election and the first week of January, pulling forward considerable growth. People thought it was easy money because of Biden, but bought the shit out of it to the degree that it created a mini bubble and the top was right before inaguration. Clean energy then ran into other issues (inflation/higher rates), but for all the "easy money" discussion, it really never did well from the get go during the Biden administration. Not apples to apples obviously but I do think that with a few things viewed as beneficiaries of a Trump election, the market has indiscriminately bought to the point where it's once again pulling forward a lot before the administration even starts. If AXON got back into the $300's/low $400's I'd look at adding some back.
Solar and green energy is going to have a shit of a time under the next us government. Next 4 years will be a long loading zone, i’m loading up on ICLN over the whole period.
I’m accumulating on ICLN during these next 4 years.
Trump won’t put a dent in solar. The recent sell off is way overblown IMO if you look at the Republican states that are benefiting from the IRA it’s actually overwhelmingly red states. Energy is a bi-partisan issue and the future is going to need a lot of it with AI, EV’s and all this crypto shit. It’ll be branded more as “all of the above” or alternative energy rather than clean and green but same difference. I personally like First Solar. They aren’t relying on China and the company’s balance sheet looks good. There’s also some ETF’s that are beat down like ICLN that could be a good buy ATM but I don’t know what half the holdings are in those things so I just go with FSLR
People piling in because they think that the Elon/Trump association makes it "easy money." Momentum snowballs, people have FOMO and all the sudden you have the stock up about 65% since the election. This is not a commentary on the company, but it feels a *little* like the ICLN mini bubble that happened in late 2020 because people thought that Biden being in office would mean that such names would moon. So people bought the shit out of it (went up about 55% post election to the top in early Jan) to a degree that they pulled forward a lot of growth and that January was the top. It later ran into other issues - higher rates - and still sits about 63% lower than that Jan top. I have no idea what Tesla does, but the level of buying short-term based on the Trump association (which will help from a regulatory standpoint, but in/of itself doesn't sell cars net/net) and the FOMO into that has pulled forward a lot. It's overbought at this point (although technically overbought can get more overbought), but would be surprised if there isn't a correction late December or - like ICLN in 2021 - early Jan. Not saying that TSLA will follow what ICLN did post top in 2021, but that maybe at the very least we're getting overcrowding in something that people think is "easy money" given election results similar to what happened with the ICLN in late 2020.
i don’t wanna stop you but I c got burned buying a leaps on ICLN, and thinking about it for genomics, it just also made so much sense. Unfortunately once the hype cycle is over, it’s back to fundamentals and these companies simply don’t generate any cash flow or don’t have actual products on the market. Leaps go to 0, eVTOL no diff
Agree. Early days I was heavy in ICLN etf and sold to diversify. Thankfully in 30s vs 13 today Bought back in around May when reading about their cancer vaccine trials… Dad was fighting pancreatic (and lost). Now I’m just waiting for next year’s pandemic contemplating more.
Could see an ICLN / Biden election like run for the 🌽 adjacent plays.
Loading up on ICLN the next 4 years
ICLN and its components (FSLR, ENPH,etc
I sold the day after the election at a significant loss after losing all faith that this stock, and the broader industry will perform well in the near future. It’s a stock I’ve tracked for quite some time and am not confident in revenue growth. In fact, revenue decreased from 2022 to 2023. The industry faces tremendous macroeconomic headwinds and the company itself is struggling. Ultimately $ENPH and the clean energy ETF $ICLN are part of my tax loss harvesting this year.
I just sold ICLN for a loss and bought CNRG
Today I took losses on the iShares Global Clean Energy ETF ($ICLN) and Enphase Energy Inc ($ENPH), because my thesis has changed. Under Donald Trump’s administration I imagine he will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change. Renewable energy sources such as solar and wind are the fastest-growing segments on the power grid, according to the Department of Energy, driven by federal tax credits, state renewable-energy mandates, and technology advancements that have lowered their costs. But Biden’s 2022 Inflation Reduction Act guaranteeing billions of dollars of solar and wind subsidies for another decade as part of his broader effort to decarbonize the power sector by 2035 to fight climate change will be negatively impacted by Trump. Before the election he slammed the IRA as being too expensive and promised to rescind all unspent funds allocated by the law, which will significantly hinder the U.S. clean energy boom. I will probably increase my allocations in the US mega caps that were under fire for antitrust and were urged to split (Google, Visa), but otherwise I’m sticking with my primary strategies of index funds (e.g VOO). No change to $TSLA, Bitcoin, or anything like that. Not interested.
Wow the response to Trump winnings includes massive gains to $TSLA, cryptocurrencies, big US banks ($JPM up 10% is wild), and massive losses to clean energy ($ENPH, $ICLN).
It looks like ICLN went up around 300% from Jan 16-21 (Trump) and down ~60% from Jan 21 to today (Biden).
Best to cut my MSOS and ICLN holdings now?
Did someone around here mention ICLN recently? Worst fucking ETF of all time. Only maybe ARKG comes close.
Citibank put to call ratio is less than a tenth of a percent.Also, ICLN, Ishares clean energy ETF. Suped lopsided to the call side.
I think we're getting roped into some sort of binary algo trade based on polling and those stupid election betting odds spreads. Weed and clean energy (ie: ICLN, TAN etc) are getting fucked and whatever Trump likes (his own ticker) is pumping. There's always going to be macro volatility going into tech earnings, but last weeks' MSO pump and the sharp drop in volume on no "real" news is kinda weird.
I had ICLN which doesn’t look like it’s moved much since I sold it, guess I picked the wrong one :)
The $50 isn’t showing on my graph, but the index TAN alone is down 9% in a month so yeah the whole sector is getting beat to shit. I’m in Australia and Solar has been such a success here I was thinking it would be replicated elsewhere; we are talking 8% of my port in total between TAN and First Solar. But also 5% in ICLN, which is also down 9% last month, so seems all renewable stocks are getting battered. So much for companies solving the climate crisis 😂
please pump I am holding these heavy ICLN bags from years ago!
"What do we think?" Going to be unpopular on a sub that wants to like every theme like this, but imo most battery stocks don't have a lot of moat and a lot of it feels like a commodity product or something that gets leapfrogged by something else. People were piling into things like QS and FREY 2-3 years ago and all those names are still down massively. Panasonic was talked about for a while - their stock has gone nowhere for decades. The LIT etf is down about 55% off the peak. "More importantly, with the ongoing climate crisis, governments of more economically developed countries are pushing their citizens to ‘go green’, " Green is good but ultimately there has to be the realization that a lot of people can't just go out and buy an EV or solar and if interest rates are high, that will further impact both. "An EV in every driveway and a solar panel on every roof" is not realistic as much as people would like it to be. Also, for all the govt push into clean energy, people talked about it as a "sure thing" and "easy money" after the election in 2020 and piled in towards the end of that year. The top in ICLN was January 2021 and it's down around 60% since. Higher rates haven't helped but it was headed lower before that. EV adoption would be improved by further investment in infrastructure but 7.5B allocated to chargers in 2021 lead to 0 installed by late 2023. https://www.politico.com/news/2023/12/05/congress-ev-chargers-billions-00129996. CHPT is down 97% from the peak - can charging be a business that can sustain itself? Invest in lithium? ALB is down around 70% since 2022. It's still ultimately a commodity and when the cycle turns names decline significantly. That can lead to opportunities, but eventually prices go up to a point where more supply comes online, the stocks tank again and the cycle starts over.
It happens. Reevaluate and move on. I bought ICLN for some clients and CNRG or others. At the time I recognized more holdings in the CNRG fund. Fortunately due to lucky timing most of my clients made a profit on those holdings. Also, I discovered CASS and PSTG on this subreddit and went really heavy in PSTG. At any point you can find a bull case and bear case for any stock/industry. You’ll win some and lose some.
People thought in the month or two before Biden's inauguration that green energy names were a sure thing and there was much discussion of buying ICLN on here - you can see people piling in November/December of the year before. Higher rates later on certainly didn't help, but even early on that January was about the top for ICLN (which is still down a little over half since.) I do think that nuclear power has run up a lot lately given hype around data center power needs, but that's something I can see doing well in either scenario. Solar names have not been acting well lately, including a somewhat muted response after the rate cut recently.
Thoughts for a new investor: So I've read the personal finance wiki and flow chart, which I find to be very good. [https://www.reddit.com/r/personalfinance/wiki/commontopics/](https://www.reddit.com/r/personalfinance/wiki/commontopics/) As a 40yo newish investor, generally saving for retirement and wealth, w a high risk tolerance, I have made some minor mistakes, I am curious how others feel... I lost a lot of money buying Redfin at its peak, palladium, a clean energy ETF ICLN, and Gigacloud. I now realize buying individual stocks is not a game and getting stupid stock picks from motley fool or whoever else just makes me a fool. Only market ETFs for me from here on out. Other learning recently: I bought some three month CDs as an Emergency Fund when they mature. I also bought some one month auto-rolling treasury bills. But I am now realizing that both of those essentially could have been replicated by a MMA like my core position SPAXX or the safety of a Bond ETF like FXNAX or BND. Why do people even invest in T-Bills if MMAs are invested in the same thing anyway? Other thoughts... I once thought I would play around with options trading but then discovered there are ETFs that do the same thing for me, run by experts like IYLD JEPI JEPQ QYLD etc. (any recs?) Same thing with real estate investing, seems like certain REITs take away the need to be a landlord or buy homes as investments. It seems like there is there an ETF for essentially every financial product out there. So why do people trade options, buy houses, or T-bills? Any advice to make things easier than buying random CDs and T-bills? Just stick it in a MMA? And follow the boggleheads advice about basic 4-fund portfolios? Should I even buy a home or just rent and throw it into the market? That's a lot of questions but I'm curious about others perspectives.
URNM, CNRG, ICLN, and PHO Long term plays only, buy shares, or LEAPS on URNM as it has some huge catalysts approaching in the near future.
I know there’s some in the genomics space but that still seems quite a ways off and hard to read, In terms of industrial revolution I really like NETZ which is focusing on the energy revolution. Not necessarily clean energy like ICLN but more efficient power solutions. I don’t see many people talk about it, still a fairly new ETF.
ICLN and QCLN are the main two that I have heard of. I had no idea about the Paris funds you mentioned. There must be more somewhere? Maybe some of the esg focused ones? I found this on Nerdwallet with a quick search: "USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 44.08% NETZ TCW Transform Systems ETF 20.82% USCL iShares Climate Conscious & Transition MSCI USA ETF 17.50% SPYX SSGA SPDR S&P 500 Fossil Fuel Free ETF 15.73% JCTR JPMorgan Carbon Transition U.S. Equity ETF 15.64% PABU iShares Paris-Aligned Climate MSCI USA ETF 14.98% Source: Finviz. Data is current as of Aug. 5, 2024"
Sell everything except VTI buy VTI every single week/month, no matter if it's high or low win. this isn't pokemon. you don't have to catch them all. VTI is total market. why would you then buy VUG, and ICLN, and ... like you are just buying the same thing multiple times for absolutely no reason.
Just buy ICLN or TAN 🤙 ❤️🔥 Diversification
ICLN is just a straight scam.
Every renewable energy investment I made in 2020 has lost money, ICLN was supposed to be the ETF that captured the sentiment you speak of, I'll never think that way again.
In late 2020, a bunch of people bought clean energy & weed ETFs like ICLN and MSOS because of Biden & democrats winning . Look how they’re doing since then
For sure and I'm already buried in ICLN.
I will add Biotech in there as well (XBI), clean energy (ICLN). I'm personally in some ARKK at the moment
I'm in a similar situation. Bought ICLN in 2021, thinking the Biden admins pumping of green energy companies was going to give ICLN a boost. It didn't. I'm down 50%. By contrast I bought PLTR at the same time. It's up over 123%. I tend to hold too long. Sometimes it works out. Usually it doesn't
You say this as ICLN is down over 50% since Biden was elected.
Tech: Palantir and Adobe for software. Microsoft for cloud computing. Google and Apple for AI potential. Renewable: Enphase and First Solar. Bought ICLN and keep averaging down but it should recover long term. Uranium: CCJ Consumer: Own PG since it is a defensive play with a growing dividend. Looking at Unilever also as a long term play. Looking also at HD since it has good fundamentals with also a nice dvidend and growth. Industrials: Looking at Caterpillar. Emerging Markets: India ETFs such as INDY and INDA. Looking also at Duolingo and Spotify if there will be a good entry point since I believe they both have more room for growth.
People piled into ICLN in late 2020 (you can literally see pile-in on the chart) thinking that clean energy was a sure thing/easy money with Biden in office. ICLN is still down about 55% from January 2021. You probably would have done better in XLE.
While I expect renewables to grow, I am skeptical that the industry will be highly profitable. For one, most funds are heavily US exposed. Even ICLN is 40% US stocks. Chinese solar is much harder to profit off of and a major source of panels. Two, there is high risk of oversaturation as the duck curve gets reached and the marginal benefit of expanding solar declines.
5x in 5 to 10 years, so anything over 2.5x by 2029 is on the right track. Of course, I understand if I miss that mark. Nothing is certain. This portfolio is, of course, separate from my retirement stuff. That's all Roth 401K and 457 Plan with only index funds. So I want to try something a bit different with this portfolio. Not that I'm opposed to ETFs - I like the dividend on ICLN and what it stands for with investing in green energy - but I want to use them mainly as diversification and hedging than as growth drivers. Anything I'm carrying that you think may be a bad idea for a growth strategy that defends against slumps in tech and tries to include some healthy dividends?