The Best & Worst ETFs in 2013′s First Half

Solar stocks stole the show while gold went bust

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The Best & Worst ETFs in 2013′s First Half

Best: Guggenheim Solar ETF

Guggenheim185 The Best & Worst ETFs in 2013s First HalfYTD Performance: +50%

Really, the Guggenheim Solar ETF (TAN) had nowhere to go but up. Even after gaining more than 50% so far in 2013, TAN remains 91% off its opening price at launch in April 2008.

But the picture for solar has been improving this year. Demand continues to head higher in the U.S., China and Japan, and while prices for panels and other components remain low, costs have dropped as well, helping buoy the manufacturers.

Also improving are the prospects for retailers such as Real Solar (RSOL) and December 2012 IPO SolarCity (SCTY), which have both tripled for the year-to-date.

TAN itself has been lifted by the strong performances of not only SCTY, but silicon wafer manufacturer SunEdison (SUNE, +154%) — formerly MEMC Electronic Materials — and photovoltaic solar module maker First Solar (FSLR, +45%).


Article printed from InvestorPlace Media, http://investorplace.com/2013/06/the-best-worst-etfs-in-2013s-first-half/.

©2014 InvestorPlace Media, LLC

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