Tag Archives: TAN

Solar vs. fossil fuel stocks

Should Harvard President Drew Faust worry that “Significantly constraining investment options risks significantly constraining investment returns”? Actually, if Harvard has been wasting investments in oil and gas for the past year, its endowment has lost a bundle. Ditto VSU.

Let’s compare stock performance of Guggenheim Solar ETF (NYSE:TAN) which invests in solar stocks with the PowerShares DB Energy Fund (NYSEARCA:DBE), which invests in oil and natural gas companies. Yep, that’s 120% for TAN and 0% for DBE:

TAN solar v DBE oil and gas 1 year

Sure, if you go back farther, solar stocks continued to drop after 2009 until this year: Continue reading