![]() ![]() Global X Autonomous & Electric Vehicles ETF (NASDAQ: DRIV) is a non-diversified exchange traded fund that tracks the investment returns of the Solactive Autonomous & Electric Vehicles Index which comprises companies that are publicly traded and involved in the development of electric vehicles, electric vehicle components, electric vehicle materials, autonomous driving products, as well as network connected devices. Global X Autonomous & Electric Vehicles ETF (NASDAQ: DRIV) With this context in mind, here is our list of the 10 best battery ETFs to buy now. You can subscribe to our free newsletter on our homepage to receive our stories in your inbox. That’s why we believe hedge fund sentiment is an extremely useful indicator that investors should pay attention to. We have been tracking and sharing the list of these stocks since February 2017 and they lost 13% through November 16th. We were also able to identify in advance a select group of hedge fund holdings that significantly underperformed the market. Our stock picks outperformed the market by more than 124 percentage points (see the details here). Between March 2017 and February 26th 2021 our monthly newsletter’s stock picks returned 197.2%, vs. ![]() ![]() On the other hand, Insider Monkey’s research was able to identify in advance a select group of hedge fund holdings that outperformed the S&P 500 ETFs by more than 124 percentage points since March 2017. Its reputation has been tarnished in the last decade, during which its hedged returns couldn’t keep up with the unhedged returns of the market indices. The entire hedge fund industry is feeling the reverberations of the changing financial landscape. The tech-led disruption has been a source of fierce contention in the wider market in recent years as it alters the fundamental business model of many sectors. (NASDAQ: PLUG) over the past year have offered record returns. For example, the battery ETFs that held Tesla, Inc. The exact weighting of the different sectors varies with each fund, and plays a huge part in determining the overall returns. These ETFs offer investors exposure to not just electric vehicle and energy storage firms, but also companies working in the materials and mining segments which are involved in the production of high-end electric cars or battery storage solutions. Some of these funds, like the ARK Innovation ETF, have returned more than 152% to investors over the past year. (NASDAQ: PLUG) often minimize risk by investing in exchange-traded funds (ETFs) that offer exposure to the electric vehicle and battery industry. The former is often referred to as the Tesla of the Chinese market, where EV demand is exploding, while the latter is marketing revolutionary new fuel cell technology to power water transport.Įven though the battery energy market looks set to register solid growth numbers this year, investors who want to shield themselves from the price volatility associated with high growth stocks like Tesla, Inc. Some stocks to watch out for in this regard include NIO Inc. (NASDAQ: TSLA) is attributable to new battery technology that increases the efficiency of clean energy vehicles and decreases the overall cost, thereby making sales and mass production easier. Some of the remarkable growth of Tesla, Inc. Although the share price of the EV maker has fallen since, it still has a lot of room to run as demand increases in emerging markets. (NASDAQ: TSLA) rally over the past few months. Some evidence of the growth potential of clean energy stocks is evidenced by the record Tesla, Inc. The election of Joe Biden to the United States presidency has boosted clean energy stocks and only a few months into the new administration, the White House has already signaled a willingness to extend the tax breaks afforded to firms working in the electric vehicle industry for another five years. If you want to skip our detailed analysis of these ETFs, go directly to the 5 Best Battery ETFs to Buy Now. In this article we discuss the 10 best battery ETFs to buy now. ![]()
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