Wind Power ETFs
Source: https://www.investopedia.com/articles/exchangetradedfunds/11/going-green-with-etfs.asp
Author: Jean Folger
Wind power converts wind energy into other forms of useful energy. Wind turbines are used to generate electricity, windmills create mechanical power, and giant sails can be used to provide thrust for ships. Energy production of wind power has increased, and as of 2019 over 100 countries have some level of commercial wind power capacity. ETFs based on wind power include: The First Trust Global Wind Energy ETF: This ETF is based on the ISE Global Wind Energy Index. A security component must be actively engaged in some aspect of the wind energy industry, such as the development of a wind farm, or the distribution of wind-generated electricity. Many of the holdings in this ETF are non-U.S. companies and, as a result, this ETF contains ADRs, GDRs, and EDRs.