What's Going On Out There? #15

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David7411221
David7411221 Level I 2023, FP ABFP, FP FPQP, FP 515 Posts: 37

The stock market has made an impressive rally in the last few weeks with the S&P500 up about 17% year-to-date. The iShares Global Clean Energy ETF is down about 30%.

With all of the emphasis on reducing carbon emissions, why do you suppose the market as a whole is up, but a green energy ETF is down?