NEW YORK ( TheStreet) -- ETFs that invest in alternative energy have been crushed. During the past three years, Market Vectors Solar Energy (KWT) fell 38.4% annually, while First Trust Global Wind Energy (FAN) fell 17.2%, according to Morningstar. Producers of solar panels and wind turbines struggled to match cheap competition from China and other countries, triggering much of the collapse. In addition, low natural gas prices have made consumers less eager to adopt alternative energy.Can wind and solar stocks revive anytime soon? Maybe not. Many companies remain on shaky ground. Hundreds of alternative energy companies have shuttered their doors in the past year, and more are likely to follow. But there is a steadier way to bet on greener technologies: PowerShares WilderHill Progressive Energy Portfolio (PUW). The PowerShares ETF does not hold solar or wind businesses. Instead, it focuses on companies that are working to make traditional energy systems more efficient. Holdings include companies that reduce coal emissions and produce efficient cars.
A Green Fund That Still Soars
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.