Solar Energy ETF: KWT

Taking advantage of the media focus on Earth Day, Van Eck Global launched the Market Vectors – Solar Energy ETF (Amex: KWT).

KWT tracks an index of 27 companies that generate at least 66% of their revenue from solar energy. Top holdings include First Solar (Nasdaq: FSLR), Q-Cells AG (XETRA: QCE.DE), Renewable Energy (Oslo: REC.OL), and Solarworld AG (XETRA: SWV.DE).

The index is rules based, modified market-cap weighted and the fund’s net expense ratio is 0.65%.

For more information, see Van Eck Global’s website.

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