Q3 2020: INDEX REVIEW & TOP TRENDS
As COVID-19 continued to have a major impact on the global economy, dramatically lower renewable energy prices, oil industry headwinds, and a focus on green stimulus/rebuilding efforts all served to lift thematic indexes tracking the clean-tech sectors.
During Q3, Nasdaq-Clean Edge indexes, on a total return basis, were all up, with CELS (U.S. clean energy) increasing 49.59%, GWE (global wind) increasing 22.69%, QGRD (global smart grid & grid infrastructure) up 15.54%, and HHO (U.S. water) up 8.78%. During the same time frame, the S&P 500 index increased 8.93% and the IXE (Energy Select) was down 19.58%.







