Solar weathers the storm
The Invesco Solar ETF, an exchange-traded fund that tracks the MAC Global Solar Energy Index, outperformed the S&P 500 and the Dow Jones Industrial Average in June, writes Jesse Pichel of ROTH Capital Partners.
While difficult conditions have most markets in negative territory, the solar sector was buoyed by the US decision to waive tariffs on module imports from selected countries in Southeast Asia.The Invesco Solar ETF (TAN) increased 1%, while the S&P 500 decreased by 8% and the Dow Jones decreased by 6.4% in June. In the US, …
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