Eagle Ford & Energy
August 9, 2015
Alternative-energy stocks have long been known as some of the riskiest in an area that’s already prone to big swings. Over the last year, though, alternative-energy stocks generally have proven to be the steadier ride. An exchange-traded fund tracking the S&P Global Clean Energy index is down about 4 percent over the last 12 months, a milder drop than the 54 percent plunge in oil or 18 percent for Exxon Mobil. It’s the latest sign of maturation for alternative-energy stocks.
NEW YORK â€" Even as the tumble in oil prices pummels the industry, one small â€" and perhaps surprising â€" group of energy stock funds has held up better than its peers: those investing in solar, wind and other alternative-energy sources.
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