Clean energy ETFs are among the top performers this year as well, after a spectacular performance last year. This comes after a volatile decade when their performance was largely dependent on government subsidies and oil prices.

The cost of renewable energy generation has been falling in recent years with continued technological innovation, and that has started changing the competitive balance between clean and traditional energy.

Rising odds of a Biden victory have  further boosted these  stocks as he has pledged to spend $2 trillion to combat climate change. And, these ETFs have also benefited from an exponential surge in Tesla (TSLA), which is among the top holdings in many of these ETFs.

The Invesco Solar ETF (TAN) holds companies in the solar energy industry. Vivint Solar (VSLR), SolarEdge Technologies (SEDG) and Enphase Energy (ENPH) are among its largest holdings.

The First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) holds US-listed firms involved in clean energy. Tesla and NIO (NIO) are its top holdings. The Invesco WilderHill Clean Energy ETF (PBW) holds companies involved in cleaner energy sources or energy conservation.

 To learn more about them, please watch the short video above.

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