Invesco WilderHill Clean Energy ETF
$27.33−0.09 (−0.33%)
- 0.63%
- $326M
- −10.7%
- 2.44%
- 0.6M sh
- $28.36
- low $27.38high $47.22
The ETF.net PBW Grade
C
Score 48 out of 100
- 8 of 17
Score 48 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D28 out of 100Rank 12 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F16 out of 100Rank 17 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A88 out of 100Rank 2 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A83 out of 100Rank 2 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A83 out of 100Rank 3 of 17
Our read on PBW
CThe 2005 original. PBW was tracking clean energy before the theme had a bandwagon, and it still runs the same play: a US-focused basket of roughly 70 clean energy names, not a handful of global utility giants.
The fund seeks to track the investment results of the WilderHill Clean Energy Index before fees and expenses. It normally invests at least 90% of total assets in common stocks comprising the index.
Why people hold it
- Launched in 2005, giving it two decades of history across the theme's booms and busts. Most clean energy ETFs showed up much later.
- Roughly 70 US-listed positions tied to the WilderHill Clean Energy Index, so smaller pure plays carry real weight instead of being buried under mega-cap utilities.invesco.com
- Actively traded, which generally means workable spreads for retail-sized orders rather than fighting a thin book.
- Lands in the upper half of its clean energy peer group on our overall review.
Worth knowing
- At 0.64% a year it runs above the 0.59% clean energy cohort median, and well above ICLN and FRNW at 0.39%.
- A narrow theme in mostly smaller companies. Swings here have historically run far wider than the broad market's, in both directions.
- Distributions come quarterly, but this is a growth theme, not an income sleeve.
PBW Holdings
- Stocks
- 74
- 17%
- NXT
Sectors
- Industrials27.9%
- Materials17.5%
- Technology15.7%
- Energy15.4%
- Consumer Discretionary13.0%
- Utilities7.5%
- Consumer Staples1.6%
- Financials1.3%
Geography
- United States78.35%
- Canada6.45%
- China4.94%
- Denmark1.58%
- Israel1.40%
- Chile1.39%
- Australia1.37%
- Brazil1.34%
- 3.17%
PBW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
PBW$8,935
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PBW |
|---|---|
| Year to date | −8.8% |
| 1 month | −11.0% |
| 3 months | −21.5% |
| 1 year | −10.7% |
| 3 years | −0.6% |
| 5 years | −16.9% |
| 10 years | +5.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PBW |
|---|---|---|
| 2026 YTD | −8.8% | |
| 2025 | +53.9% | |
| 2024 | −30.8% | |
| 2023 | −20.0% | |
| 2022 | −44.5% | |
| 2021 | −29.8% | |
| 2020 | +204.8% |
PBW in the news
PBW Dividends
- 2.44%
- $0.67
- $0.28 per share
- Quarterly
Distribution history
PBW Risk
- 39.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.07
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −84.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 2.10
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PBW Cost
0.63%
PBW0.63%
- The middle half of Clean Energy funds
- Median 0.59%
11 of the 17 Clean Energy funds charge less.
Other funds in Clean Energy
- BQCLNFirst Trust NASDAQ Clean Edge Green Energy Index FundExpense ratio 0.59%1 year return +11.7%
- CACESALPS Clean Energy ETFExpense ratio 0.55%1 year return −18.6%
- CHYDRGlobal X - Hydrogen ETFExpense ratio 0.50%1 year return +7.9%
- CCTECGlobal X - CleanTech ETFExpense ratio 0.50%1 year return +6.4%
- CVCLNVirtus Duff & Phelps Clean Energy ETFExpense ratio 0.59%1 year return +11.2%