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Re: Industry specific index ETFs
Posted: Sun Feb 21, 2021 12:12 pm
by jcc
Ax6isB wrote: ↑Fri Feb 19, 2021 8:50 am
jcc wrote: ↑Thu Feb 18, 2021 8:46 am
There's an argument to be made for investing in nuclear power as a transitional energy source between fossil fuel and renewables.
And from an ecological perspective it also makes sense as it is far far better than all the coal plants that are being run right now to power japan(because of the nuclear scare and many of the reactors still being off). But a lot of people are just scared of it.
I spent a few hours mucking around ETFs and there’s nothing that I can find that combines the different sources evenly. Some energy funds are market cap weighted so it’s 98% oil companies. Some are “green” ETFs and lack current energy companies. Nuclear doesn’t seem to have it’s own category. Seems ripe for a new ETF or mutual fund to be created!
They exist. Quick googling came up with NLR and URNM I know I've seen others mentioned.
Re: Industry specific index ETFs
Posted: Mon Feb 22, 2021 11:11 am
by Ax6isB
jcc wrote: ↑Sun Feb 21, 2021 12:12 pm
Ax6isB wrote: ↑Fri Feb 19, 2021 8:50 am
jcc wrote: ↑Thu Feb 18, 2021 8:46 am
There's an argument to be made for investing in nuclear power as a transitional energy source between fossil fuel and renewables.
And from an ecological perspective it also makes sense as it is far far better than all the coal plants that are being run right now to power japan(because of the nuclear scare and many of the reactors still being off). But a lot of people are just scared of it.
I spent a few hours mucking around ETFs and there’s nothing that I can find that combines the different sources evenly. Some energy funds are market cap weighted so it’s 98% oil companies. Some are “green” ETFs and lack current energy companies. Nuclear doesn’t seem to have it’s own category. Seems ripe for a new ETF or mutual fund to be created!
They exist. Quick googling came up with NLR and URNM I know I've seen others mentioned.
Well these are interesting and I’ve been reading a lot of positive about uranium the last 3 months. But I was thinking about something that hold oil (legacy and high dividend) and something that also include new energy. A combination of old and new energy sources.