Group 1 - Clean energy funds are facing new challenges from recent legislative actions by Congress and the White House after a period of recovery [1][3] - Year-to-date, ETFs and mutual funds focused on renewable energy have returned an average of 18.5%, outperforming the S&P 500 by about 8 percentage points, following several years of negative returns [2] - The implementation of the Inflation Reduction Act has provided tax incentives for alternative energy systems, contributing to improved performance in 2024 [2] Group 2 - Despite a 36% decline in investments in US renewable energy projects in the first half of 2025 compared to the second half of 2024, global investments reached a record $386 billion, with over half from solar projects [4] - The Fidelity Clean Energy ETF has shown the strongest returns year-to-date at over 31%, while the Horizon Kinetics Energy Remediation ETF returned 3% [4] - Clean energy ETFs have experienced a total outflow of $753 million year-to-date, with only two funds seeing net inflows [4]