Invesco WilderHill Clean Energy ETF
$30.54−0.76 (−2.41%)
- Expense ratio
- 0.63%
- Fund size
- $360M
- 1Y return
- +9.3%
- Yield · Last 12 months
- 2.14%
- Holdings
- 72
- Volume · 30D
- 0.8M sh
- NAV per share
- $30.92
- 52W range
The ETF.net PBW Grade
Score 49 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 28Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 21Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 88Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 81Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 83Category rank
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
- 72
- 21%
- BETA
Sectors
- Industrials28.0%
- Technology24.6%
- Materials22.3%
- Consumer Discr.15.6%
- Utilities7.2%
- Cons. Staples2.4%
Geography
- United States77.64%
- Canada4.95%
- China4.76%
- Denmark2.29%
- Brazil1.98%
- United Kingdom1.77%
- Australia1.73%
- Chile1.67%
- 3.19%
PBW Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | +4.1% |
| 1 month | −5.2% |
| 3 months | −23.4% |
| 1 year | +9.3% |
| 3 years | +1.8% |
| 5 years | −14.7% |
| 10 years | +7.1% |
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 | +4.1% | |
| 2025 | +53.9% | |
| 2024 | −30.8% | |
| 2023 | −20.0% | |
| 2022 | −44.5% | |
| 2021 | −29.8% | |
| 2020 | +204.8% |
PBW in the news
ETF.net Research hasn’t filed on PBW yet — coverage lands here as it’s written.
PBW Dividends
- 2.14%
- $0.67
- $0.28 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.28 |
| Jun 22, 2026 | Jun 26, 2026 | $0.24 |
| Mar 23, 2026 | Mar 27, 2026 | $0.03 |
| Dec 22, 2025 | Dec 26, 2025 | $0.12 |
| Sep 22, 2025 | Sep 26, 2025 | $0.08 |
| Jun 23, 2025 | Jun 27, 2025 | $0.04 |
| Dec 23, 2024 | Dec 27, 2024 | $0.21 |
| Sep 23, 2024 | Sep 27, 2024 | $0.07 |
| Jun 24, 2024 | Jun 28, 2024 | $0.14 |
| Mar 18, 2024 | Mar 22, 2024 | $0.15 |
| Dec 18, 2023 | Dec 22, 2023 | $0.19 |
| Sep 18, 2023 | Sep 22, 2023 | $0.19 |
PBW Risk
- 40.3%
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.
- 0.02
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
- The middle half of Clean Energy funds
- Median 0.58%
10 of the 16 Clean Energy funds charge less.