CTEC vs IBAT

CTECCGlobal X CleanTech ETF

IBATBiShares Energy Storage & Materials ETF

In short

CTEC Climate tech, not just clean power. CTEC follows a global index of roughly 40 companies working on the technology side of decarbonization, and charges 0.50% a year to do it.

IBAT Most EV funds buy carmakers. IBAT drops a layer down the supply chain to the batteries, hydrogen, fuel cells and storage materials underneath, tracking a global STOXX index at a fee that undercuts much of its thematic peer group.

Stated mandate

CTEC The Fund seeks to track the price and yield performance of the Indxx Global ClimateTech Index before fees and expenses. It invests primarily in index constituents and related depositary receipts.

IBAT The fund seeks to track an index of global companies involved in battery technologies, hydrogen, fuel cells, and other energy-storage solutions. It provides targeted exposure to companies supporting the transition to a low-carbon economy.

Why people hold it

• CTEC Fee of 0.50% a year lands below the median for its clean-energy peer group.
• The mandate is global, not a US-only slice: it tracks the Indxx Global ClimateTech Index and can use depositary receipts to reach foreign listings.globalxetfs.com
• Rules-based and readable: a published index sets the roughly 40 holdings, so there is no manager discretion to decode.

• IBAT 0.47% a year, cheaper than Global X's DRIV (0.68%) and Amplify's BATT (0.59%).
• Buys the storage layer, not the showroom: battery technology, hydrogen, fuel cells and the materials that feed them.ishares.com
• Global mandate, roughly 80 holdings: miners, chemical firms and equipment makers a US large-cap index never touches.
• Sits in the upper tier of its battery and EV thematic group on our review.

Worth knowing

• CTEC A small fund that trades thinly, so the bid-ask spread deserves a look before you place an order. It is not one of the category's giants.
• Roughly 40 stocks on a single theme means individual names and the clean-tech cycle drive the ride, and the swings can be sharp.
• Distributions come once or twice a year at most. This is a growth theme, not an income line.

• IBAT One theme, one supply chain. Battery and materials demand drives the whole basket in the same direction at the same time.
• BlackRock applies business involvement screens, so the portfolio is a filtered slice of the industry rather than the full map.ishares.com
• Launched in 2024, so the record is short and payouts come once or twice a year at most. Not an income holding.

Full CTEC profile⁠

Full IBAT profile⁠