Data as of .
CTEC vs PBD: which is really different?
CTEC and PBD hold 16% of their weight in the same names, and PBD returned more over the year.
ETFIQ Off-Index Score: PBD scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
16% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, CTEC and PBD hold 16% of their money in the same securities at the same weight.
| Holding | CTEC | PBD |
|---|---|---|
| BLOOM ENERGY CORP- A | 6.33% | 1.13% |
| SAMSUNG SDI CO LTD | 4.32% | 1.05% |
| DOOSAN FUEL CELL CO LTD | 1.02% | 1.34% |
| VESTAS WIND SYSTEMS A/S | 4.46% | 0.98% |
| NORDEX SE | 4.54% | 0.97% |
| SMA SOLAR TECHNOLOGY AG | 0.96% | 0.95% |
| PRYSMIAN SPA | 4.52% | 0.93% |
| SOLAREDGE TECHNOLOGIES INC | 0.91% | 1.04% |
| PLUG POWER INC | 1.24% | 0.88% |
| XINYI SOLAR HOLDINGS LTD | 1.01% | 0.88% |
| FIRST SOLAR INC | 4.37% | 0.85% |
| ENPHASE ENERGY INC | 1.95% | 0.83% |
| Only in CTEC | Only in PBD |
|---|---|
| EATON CORP PLC 6.40% | Lotte Energy Materials Corp 1.22% |
| GE VERNOVA INC 6.27% | Verbund AG 1.06% |
| SIEMENS ENERGY AG 6.05% | Mercury NZ Ltd 1.05% |
| SCHNEIDER ELECTRIC SE 6.04% | Nibe Industrier AB 1.05% |
| TRANE TECHNOLOGIES PLC 6.01% | J&V Energy Technology Co Ltd 1.04% |
| OTHER PAYABLE & RECEIVABLES 4.72% | LS Electric Co Ltd 1.02% |
| NEXTPOWER INC 4.57% | Solaria Energia y Medio Ambiente SA 1.02% |
| LG ENERGY SOLUTION 4.48% | LS Corp 1.00% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| CTEC | PBD | CTEC | PBD | CTEC | PBD | |
| 3 months | −17.9% | −14.9% | −20.1 pts | −17.1 pts | −15.4 pts | −12.4 pts |
| 6 months | −1.6% | −0.8% | −19.7 pts | −18.8 pts | −25.9 pts | −25.0 pts |
| 1 year | +16.4% | +17.0% | −0.2 pts | +0.4 pts | −5.4 pts | −4.8 pts |
| 3 years | +0.5% | +12.7% | −77.9 pts | −65.7 pts | −97.7 pts | −85.5 pts |
| Since launch | −24.1% | +32.1% | −174.5 pts | −771.4 pts | −194.2 pts | −1658.1 pts |
| CTEC Global X ClimateTech ETF Holds 46 stocks in clean energy, 27% of its weight in S&P 500 companies | PBD Invesco Global Clean Energy ETF Holds 124 stocks in clean energy, 2% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Global X | Invesco |
| Theme | Clean energy | Clean energy |
| In the S&P 500 | 27.4% | 1.7% |
| Active share vs the S&P 500 | 99.0% | 99.9% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 46 | 124 |
| Top ten, share of the fund | 55.5% | 11.1% |
| Expense ratio | 0.50% | 0.75% |
| Fee for the differing part | 0.51% | 0.75% |
| Total return, 1 year | +16.4% | +17.0% |
| vs the S&P 500 | −0.2 pts | +0.4 pts |
| vs the Nasdaq-100 | −5.4 pts | −4.8 pts |
| Below its high | −59.7% | −52.6% |
| Net assets | $25m | $118m |
CTEC in plain words
By weight, 27% of CTEC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 56% of the fund across 46 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +16.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was about even. It sits 59.7% below its all-time high of Feb 9, 2021.
PBD in plain words
By weight, 2% of PBD's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 11% of the fund across 124 positions, as published by its issuer for Sep 19, 2026. Over the year to Sep 18, 2026 the fund returned +17.0% with distributions reinvested against +16.6% for the S&P 500, so a holder was about even. It sits 52.6% below its all-time high of Jan 22, 2021.
Questions people ask
- Do CTEC and PBD hold the same stocks?
- By their latest filings, 16% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, CTEC or PBD?
- CTEC has 27% of its weight in S&P 500 names and PBD has 2%, so PBD differs more from the index.
- Which is cheaper, CTEC or PBD?
- CTEC charges 0.50% a year and PBD charges 0.75%, so CTEC is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CTEC against PBD, data as of Sep 18, 2026. https://etfiq.com/compare/themes/ctec-vs-pbd Free to use with attribution; the underlying files are at Open data.