Invesco WilderHill Clean Energy ETF
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- Description
- Performance
- Comps
Fundamentals
Valuation
Rating
The Invesco WilderHill Clean Energy Portfolio (Fund) seeks to replicate, before fees and expenses, the WilderHill Clean Energy Index, consisting of companies that focus on greener and generally renewable sources of energy and technologies. |
Category | Global Equities |
Fund Sponsor | Invesco PowerShares |
Website | www.powershares.com |
Inception date | Mar 03, 2005 |
Assets (mns) | $3,128 |
Currency | USD |
Expense ratio | 70 bp |
Distributions | Quarterly |
Regulation | Open-Ended Fund |
Custodian | Bank of New York Mellon |
Weighting | Tiered |
Index replication | Full |
Uses derivatives | No |
Options available | Yes |
No. of constituents | 57 |
Wgt avg mkt cap (mns) | $17,620 |
Large cap (>$10bn) | 24.5% |
Mid cap ($2-10bn) | 29.8% |
Small cap (<$2bn) | 33.6% |
Developed mkts | 77.6% |
Emerging mkts | 22.4% |
RENESOLA LTD-ADR | 4.7 % |
LITHIUM AMERICAS CORP. | 2.9 % |
DAQO NEW ENERGY CORP. SPONSORED AD | 2.7 % |
PLUG POWER INC | 2.5 % |
AZURE POWER GLOBAL LTD. | 2.2 % |
BALLARD POWER SYSTEMS INC | 2.2 % |
ORMAT TECHNOLOGIES INC | 2.1 % |
TESLA MOTORS INC | 2.1 % |
TPI COMPOSITES, INC. | 2.1 % |
NIO INC. SPONSORED ADR CLASS A | 2.1 % | Total | 25.5 % |
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UNITED STATES | 59.7 % |
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CHINA | 14.9 % |
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CANADA | 7.0 % |
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INDIA | 2.2 % |
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CHILE | 2.0 % |
HISTORICAL PERFORMANCE 

Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
204.6% | 204.6% | 36.5% | 9.3% | 3.7% |
versus... | Beta | R-squared |
S&P500 | 1.67 | 58% |
MSCI EAFE | 1.75 | 64% |
MSCI Emg. Mkts. | 1.43 | 54% |
Recent close | $130.01 |
30d moving avg. | $108.15 |
Annualized volatility | 41.0% |
Short interest (ETF) | 2.3% |
Short interest (Underlying) | 7.8% |
Relative strength (RSI) | 73 |
Avg. volume (thou.) | 657 |
Turnover | 2.7% |
Bid/Ask (% of price) | 0.14% |
ADV underlying (mns) | $51,105 |
FINDING ALTERNATIVE FUNDS
Below is a list of 99 potential alternatives to the Invesco WilderHill Clean Energy ETF ETF based on the alternatives' overlap in portfolio holdings with PBW. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.
Benchmark ticker: | PBW | Expense: | 70 bp | ALTAR Score™: | -0.6% |
Ticker | Fund Name |
Overlap1 vs PBW (%) |
Expense ratio (bp) |
Savings vs PBW (bp) |
ALTAR Score™ (%) |
ALTAR vs PBW (%) |
QCLN | First Trust Nasdaq Clean Edge Green Energy Index Fund | 41.5 | 60 | 10 | 0.2 | +0.8 |
BNE | Blue Horizon BNE ETF | 35.0 | 87 | -17 | 0.9 | +1.5 |
CNRG | SPDR S&P Kensho Clean Power ETF | 33.9 | 45 | 25 | 0.9 | +1.4 |
PBD | Invesco Global Clean Energy ETF | 33.2 | 75 | -5 | -0.1 | +0.5 |
ACES | ALPS Clean Energy ETF | 28.9 | 55 | 15 | 0.3 | +0.9 |
CTEC | Global X CleanTech ETF | 22.7 | 50 | 20 | 0.7 | +1.2 |
SMOG | VanEck Vectors Low Carbon Energy ETF | 22.6 | 62 | 8 | 1.9 | +2.5 |
ICLN | iShares Global Clean Energy ETF | 18.7 | 46 | 24 | 1.5 | +2.1 |
SULR | Guinness Atkinson Funds SmartETFs Sustainable Energy II Fund | 18.3 | 79 | -9 | 3.7 | +4.3 |
TAN | Invesco Solar ETF | 18.3 | 69 | 1 | 0.2 | +0.8 |
PZD | Invesco Cleantech ETF | 16.4 | 65 | 5 | 3.5 | +4.1 |
KOMP | SPDR Kensho New Economies Composite ETF | 14.5 | 20 | 50 | 1.6 | +2.2 |
HAIL | SPDR S&P Kensho Smart Mobility ETF | 14.1 | 45 | 25 | 4.1 | +4.7 |
BATT | Amplify Advanced Battery Metals & Materials ETF | 13.7 | 59 | 11 | 1.9 | +2.5 |
DRIV | Global X Autonomous & Electric Vehicles ETF | 13.7 | 68 | 2 | 3.9 | +4.5 |
KARS | KraneShares Electric Vehicles & Future Mobility Index ETF | 12.9 | 70 | 0 | 2.5 | +3.1 |
GRID | First Trust Nasdaq Clean Edge Smart GRID Infrastructure Inde | 11.6 | 70 | 0 | 3.4 | +4.0 |
PRN | Invesco DWA Industrials Momentum ETF | 10.6 | 60 | 10 | 4.8 | +5.4 |
MOON | Direxion Moonshot Innovators ETF | 9.9 | 65 | 5 | -3.8 | -3.2 |
WWOW | Direxion World Without Waste ETF | 8.7 | 50 | 20 | 0.1 | +0.7 |
LIT | Global X Lithium & Battery Tech ETF | 8.6 | 75 | -5 | 1.7 | +2.3 |
QMOM | Alpha Architect U.S. Quantitative Momentum ETF | 8.5 | 49 | 21 | -0.6 | -0.0 |
AIEQ | AI Powered Equity ETF | 7.8 | 87 | -17 | 1.8 | +2.4 |
DWAS | Invesco DWA SmallCap Momentum ETF | 7.3 | 60 | 10 | -1.2 | -0.7 |
ETHO | Etho Climate Leadership U.S. ETF | 7.0 | 47 | 23 | 3.6 | +4.2 |
XSD | SPDR S&P Semiconductor ETF | 6.9 | 35 | 35 | 3.2 | +3.7 |
FDMO | Fidelity Momentum Factor ETF | 6.5 | 29 | 41 | 2.4 | +3.0 |
IDRV | iShares Self-driving EV & Tech ETF | 6.2 | 47 | 23 | 5.2 | +5.8 |
EKAR | Innovation Shares NextGen Vehicles & Technology ETF | 6.1 | 95 | -25 | 4.9 | +5.5 |
BTEK | BlackRock Future Tech ETF | 6.1 | 88 | -18 | -0.2 | +0.4 |
MDYG | SPDR S&P 400 Mid Cap Growth ETF | 5.7 | 15 | 55 | 3.7 | +4.3 |
IJK | iShares S&P Mid-Cap 400 Growth ETF | 5.7 | 17 | 53 | 3.7 | +4.3 |
KGRN | KraneShares MSCI China Environment Index ETF | 5.7 | 80 | -10 | 5.9 | +6.5 |
DWMC | AdvisorShares Dorsey Wright Micro-Cap ETF | 5.6 | 132 | -62 | -2.7 | -2.1 |
SDG | iShares Sustainable MSCI Global Impact ETF | 5.5 | 49 | 21 | 5.6 | +6.2 |
MOTO | SmartETFs Smart Transportation & Technology ETF | 5.4 | 68 | 2 | 5.1 | +5.7 |
RPG | Invesco S&P 500 Pure Growth ETF | 5.3 | 35 | 35 | 2.7 | +3.3 |
VFMO | Vanguard U.S. Momentum Factor ETF | 5.1 | 13 | 57 | 1.4 | +2.0 |
WOMN | Impact Shares YWCA Women's Empowerment ETF | 5.0 | 75 | -5 | 3.5 | +4.1 |
RFG | Invesco S&P Midcap 400 Pure Growth ETF | 5.0 | 35 | 35 | 3.3 | +3.9 |
ECOZ | TrueMark ESG Active Opportunities ETF | 4.9 | 58 | 12 | 3.0 | +3.6 |
SIMS | SPDR S&P Kensho Intelligent Structures ETF | 4.8 | 45 | 25 | 3.7 | +4.3 |
QQQJ | Invesco NASDAQ Next Gen 100 ETF | 4.8 | 15 | 55 | 2.5 | +3.1 |
IWO | iShares Russell 2000 Growth ETF | 4.7 | 24 | 46 | -0.1 | +0.5 |
SDGA | Impact Shares Sustainable Development Goals Global ETF | 4.6 | 75 | -5 | 4.7 | +5.2 |
FXN | First Trust Energy AlphaDEX Fund | 4.6 | 65 | 5 | 1.8 | +2.4 |
NUSC | Nuveen ESG Small-Cap ETF | 4.4 | 40 | 30 | 4.0 | +4.6 |
IVOG | Vanguard S&P Mid-Cap 400 Growth ETF | 4.4 | 15 | 55 | 4.2 | +4.7 |
XJH | iShares ESG Screened S&P Mid-Cap ETF | 4.3 | 12 | 58 | 5.4 | +6.0 |
DTEC | ALPS Disruptive Technologies ETF | 4.3 | 50 | 20 | 2.6 | +3.2 |
ECNS | iShares MSCI China Small-Cap ETF | 4.3 | 59 | 11 | 9.5 | +10.1 |
XNTK | SPDR NYSE Technology ETF | 4.1 | 35 | 35 | 2.7 | +3.3 |
XSMO | Invesco S&P SmallCap Momentum ETF | 4.1 | 39 | 31 | 3.7 | +4.2 |
VTWG | Vanguard Russell 2000 Growth Index Fund | 4.1 | 15 | 55 | 0.1 | +0.6 |
PDP | Invesco DWA Momentum ETF | 4.1 | 62 | 8 | 1.8 | +2.4 |
VXF | Vanguard Extended Market Index Fund | 4.1 | 6 | 64 | 2.5 | +3.1 |
VAMO | Cambria Value & Momentum ETF | 4.1 | 63 | 7 | 5.4 | +6.0 |
IVOO | Vanguard S&P Mid-Cap 400 ETF | 4.1 | 10 | 60 | 5.3 | +5.9 |
CHIQ | Global X MSCI China Consumer ETF | 4.1 | 65 | 5 | 4.6 | +5.2 |
VBK | Vanguard Small-Cap Growth Index Fund | 4.0 | 7 | 63 | 1.9 | +2.5 |
FYC | First Trust Small Cap Growth AlphaDEX Fund | 4.0 | 70 | 0 | 1.7 | +2.3 |
JKK | iShares Morningstar Small-Cap Growth ETF | 4.0 | 30 | 40 | 0.6 | +1.2 |
PYZ | Invesco DWA Basic Materials Momentum ETF | 3.9 | 60 | 10 | 4.2 | +4.8 |
JMOM | JPMorgan U.S. Momentum Factor ETF | 3.9 | 12 | 58 | 3.0 | +3.5 |
BBMC | JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 3.8 | 7 | 63 | 3.9 | +4.5 |
PAMC | Pacer Lunt MidCap Multi-Factor Alternator ETF | 3.8 | 60 | 10 | 3.6 | +4.2 |
ARKQ | Ark Industrial Innovation ETF | 3.7 | 75 | -5 | 0.3 | +0.9 |
FNI | First Trust Chindia ETF | 3.7 | 60 | 10 | 2.4 | +2.9 |
FNY | First Trust Mid Cap Growth AlphaDEX Fund | 3.7 | 70 | 0 | 1.6 | +2.2 |
DFAE | Dimensional Emerging Core Equity Market ETF | 3.7 | 35 | 35 | 6.9 | +7.5 |
AADR | AdvisorShares Dorsey Wright ADR ETF | 3.6 | 110 | -40 | 3.5 | +4.1 |
PGJ | Invesco Golden Dragon China ETF | 3.6 | 70 | 0 | 3.7 | +4.3 |
QRFT | Qraft Ai-Enhanced U.S. Large Cap ETF | 3.6 | 75 | -5 | 2.0 | +2.6 |
SLYG | SPDR S&P 600 Small Cap Growth ETF | 3.6 | 15 | 55 | 4.4 | +5.0 |
AIRR | First Trust RBA American Industrial Renaissance ETF | 3.4 | 70 | 0 | 5.2 | +5.8 |
PKB | Invesco Dynamic Building & Construction ETF | 3.4 | 59 | 11 | 5.1 | +5.7 |
ITEQ | BlueStar Israel Technology ETF | 3.4 | 75 | -5 | 1.5 | +2.0 |
VAW | Vanguard Materials Index Fund | 3.4 | 10 | 60 | 5.0 | +5.6 |
PTF | Invesco DWA Technology Momentum ETF | 3.4 | 60 | 10 | -0.7 | -0.2 |
SCHM | Schwab U.S. Mid-Cap ETF | 3.4 | 4 | 66 | 5.0 | +5.6 |
PSCT | Invesco S&P SmallCap Information Technology ETF | 3.3 | 29 | 41 | 4.2 | +4.8 |
FMAT | Fidelity MSCI Materials Index ETF | 3.3 | 8 | 62 | 5.0 | +5.5 |
RZG | Invesco S&P Smallcap 600 Pure Growth ETF | 3.3 | 35 | 35 | 3.8 | +4.4 |
FXZ | First Trust Materials AlphaDEX Fund | 3.3 | 65 | 5 | 5.7 | +6.3 |
NOBL | ProShares S&P 500 Dividend Aristocrats ETF | 3.3 | 35 | 35 | 5.7 | +6.3 |
JHMA | John Hancock Multifactor Materials ETF | 3.3 | 40 | 30 | 5.3 | +5.9 |
KNG | Cboe Vest S&P 500 Dividend Aristocrats Target Income ETF | 3.3 | 75 | -5 | 5.3 | +5.8 |
XLB | Materials Select Sector SPDR Fund | 3.3 | 13 | 57 | 4.8 | +5.3 |
RTM | Invesco S&P 500 Equal Weight Materials ETF | 3.3 | 40 | 30 | 4.7 | +5.3 |
IYM | iShares U.S. Basic Materials ETF | 3.3 | 43 | 27 | 4.4 | +5.0 |
NVQ | QRAFT AI-Enhanced US Next Value ETF | 3.3 | 75 | -5 | 6.6 | +7.1 |
NACP | Impact Shares NAACP Minority Empowerment ETF | 3.3 | 49 | 21 | 4.7 | +5.3 |
MTUM | iShares MSCI USA Momentum Factor ETF | 3.2 | 15 | 55 | 2.2 | +2.8 |
VTWO | Vanguard Russell 2000 Index Fund | 3.2 | 10 | 60 | 2.7 | +3.3 |
SFYX | Sofi Next 500 ETF | 3.2 | 0 | 70 | 4.8 | +5.4 |
ESML | iShares MSCI USA Small-Cap ESG Optimized ETF | 3.1 | 17 | 53 | 4.0 | +4.6 |
JPSE | JPMorgan Diversified Return U.S. Small Cap Equity ETF | 3.1 | 29 | 41 | 4.2 | +4.8 |
MDY | SPDR S&P Midcap 400 ETF Trust | 3.1 | 23 | 47 | 5.1 | +5.7 |
SPMD | SPDR Portfolio Mid Cap ETF | 3.1 | 5 | 65 | 5.3 | +5.9 |
1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.
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RESULTS & ESTIMATES
2015 | 2016 | 2017 | 2018 | 2019 | 2020E | 2021E | |
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Sales per share | ** | ** | ** | ** | ** | ** | ** |
Earnings per share | ** | ** | ** | ** | ** | ** | ** |
Dividends per share ![]() |
** | ** | ** | ** | ** | ** | ** |
Book value per share | ** | ** | ** | ** | ** | ** | ** |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
Sales per share growth | **% | **% | **% | **% | **% | **% | |
EPS growth | **% | **% | **% | **% | **% | **% |
OTHER FUNDAMENTAL METRICS
Long term EPS growth est. | **% | Debt-to-equity | **x | |
Asset turnover | **% | Assets-to-equity | **x |
*Six months ago = 100 |
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VALUATION METRICS
2019 | 2020E | 2021E | |
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Price-to-sales | ** | ** | ** |
Price-to-earnings | ** | ** | ** |
Price-to-cash flow | ** | ** | ** |
Price-to-growth | ** | ** | ** |
Price-to-book value | ** | ** | ** |
Yield | ** | ** | ** |
Historical valuation trends
Forward multiple: |
Invesco WilderHill Clean Energy ETF | |||
Relative to: |
S&P500 | MSCI EAFE | MSCI Emg. Mkts. | Other ETF: |
AVOID |
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may not be relevant. |
ALTAR Score™
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MODERN PORTFOLIO THEORY
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CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
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