Why Green Energy ETFs Are Slumping In May

Since the peak in January, exchange-traded funds (ETFs) focused on green energy have seen major declines after last year’s surge started to fizzle out. The clean energy ETFs skyrocketed last year as investors turned to sustainable energy investments after governments pledged to “build back greener” from the pandemic and to achieve net-zero emissions within three decades. This year, ETFs are still hot, but clean energy ETFs – not so much. Some of the most popular renewable energy funds have seen their performance slump by…