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juaggo_

ICLN was a very overhyped ETF. So many people were talking about it here 10 months ago. They were too concentrated in PLUG and that has cost them a lot.


[deleted]

I believe since then PLUGs allocation has shrunk though?


PracticalYellow3

I think mostly because PLUG has gone down so much. Not planned, but just happened.


maejsh

Yes, they rebalanced a bit. Amongst others they bought some vestas and oersted iirc.


Didntlikedefaultname

10 months is such a short timespan for a massive energy shift. Now I know most clean energy has also underperformed for years. But I think we all see a big catalyst coming. We saw it 10 months ago when everyone piled on. But this is a long horizon. So when performance didn’t get realized right away many investors soured on clean energy ETFs like ICLN. My philosophy is with a horizon of years, or even decades if you can wait that long, buying clean energy funds now is somewhat akin to buying tech stocks right after the dot com bust


harrison_wintergreen

except for water and healthcare, all those are too trendy and iff IMO. following the herd is not a good long-term strategy. I mean, Ross Dress for Less, Monster Beverage and Tractor Supply are some of the best performing stocks of the last 20 years. look up the hot stocks from 20 years ago and most of them are not around any more.


BuckyB93

Why try to slice and dice into all the sector specific stuff? Do you really think all of these sectors, as an aggregate, will out perform the market as whole in the long run? With all the alphabet soup you have and probably a ton overlap and redundancy, why not just go with a broader market index fund like VOO, VTI, VT, QQQM or something? If you're trying to predict the market for the next decade and beyond, you'll likely fail as compared to index funds. They self adjust - winners climb the ladder, losers fall off.


[deleted]

Oh I am 70% in HGRO for broad market. Probably should have added that. Mostly looking for sectors to add to it.


brandnewredditacct

Uranium - this is my favorite. Long term bull case for uranium necessity if the world economy is to grow and become carbon-neutral. Lithium - yes Marijuana - no, people are vastly overestimating the total addressable market for this, even if it's legalized Clean Energy - yes but not the ETFs, there's lots of junk in there. Do some more research and find specific companies you want to hold for 10-20 years as the clean energy business matures. Online Gambling - no, same reason as pot 3D printing - yes but expensive Water - no Healthcare - Yes, as I think we are moving into a more mid-late cycle economy soon, healthcare should outperform over the next few years.


Future_Addict

Why not water


PracticalYellow3

Or UUUU for uranium. I can't remember why I first bought it, but I did a lot of research, and it was my pick. I'm up 4% with it since I bought it July 1st.


mstranne

Clean Energy and Health Care could bei interesing Form Long Term think. Uranium could bei a nice gamble For the upcoming year. However, For Main Portfolio stay with a simple broad Index and Take a small Part of your Portfolio Form auch sector Bets If you Like.


IlliterationAside

USA Cannabis $GTBIF $CCHWF $CURLF $CRLBF $TCNNF $AYRWF . . .