Do CTEC and PBW hold the same stocks?

By their latest filings, 19% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, CTEC or PBW?

CTEC has 6% of its weight in S&P 500 names and PBW has 8%, so CTEC differs more from the index.

Which is cheaper, CTEC or PBW?

CTEC charges 0.50% a year and PBW charges 0.63%, so CTEC is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Thematic ETFs

CTEC vs PBW: Holdings Overlap & Returns

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Over the year to Nov 4, 2026, CTEC returned −9.3% to PBW's −13.3%; 19% of their weight is in the same names.

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Net assets: $23m on Oct 12, 2026 for Global X ClimateTech ETF, and $296m on Nov 3, 2026 for Invesco WilderHill Clean Energy ETF.

CTEC on its own →PBW on its own →

At a glance

6.3%

CTEC in the S&P 500

8.1%

PBW in the S&P 500

−9.3%

CTEC total return, 1 year

−13.3%

PBW total return, 1 year

CTEC · 1 year to Nov 4, 2026 94% of its weight is outside the S&P 500

6% of CTEC's weight is in S&P 500 companies and 94% is outside the index. Holdings as of Aug 31, 2026.

PBW · 1 year to Nov 4, 2026 92% of its weight is outside the S&P 500

8% of PBW's weight is in S&P 500 companies and 92% is outside the index. Holdings as of Nov 3, 2026.

Pair scorecard

CTEC costs 0.13 points a year less; their one-year returns differ by 4.0 points; PBW is 13.7 times larger.

Points (pts) are percentage points.

CTEC vs PBW: Holdings Overlap & Returns
Measure	CTEC	PBW
Return
Measure	CTEC	PBW
Total return, 1 year	−9.3%	−13.3%
Drawdown
Measure	CTEC	PBW
Below its all-time high	62.8%, high on Feb 9, 2021	77.8%, high on Feb 9, 2021
Against its benchmark
Measure	CTEC	PBW
What it tracks	Clean energy	Clean energy
Its benchmark, total return, 1 year		+14.8%
Against its benchmark, 1 year		behind by 28.1 pts
Cost and size
Measure	CTEC	PBW
Expense ratio	0.50%	0.63%
Net assets, as of Oct 12, 2026	$23m	$316m
Holdings
Measure	CTEC	PBW
Holdings in common	19%

Method

What they share

19%

By the books each fund has filed, CTEC and PBW hold 19% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Nov 3, 2026.

50%

0 half 100%

half

19% in common

Positions both hold · largest shared weight first CTEC PBW

NEXTPOWER INC. 4.35% 2.33%

FIRST SOLAR, INC. 6.28% 1.85%

SOLAREDGE TECHNOLOGIES, INC. 1.75% 1.54%

ENPHASE ENERGY, INC. 3.94% 1.50%

QUANTUMSCAPE CORPORATION 2.89% 1.34%

BLOOM ENERGY CORPORATION 8.06% 1.31%

Fluence Energy Inc 1.29% 1.24%

Amprius Technologies Inc 1.22% 1.45%

PLUG POWER INC. 2.70% 1.13%

Shoals Technologies Group, Inc. 1.04% 1.67%

EOS ENERGY ENTERPRISES, INC. 0.98% 0.77%

CANADIAN SOLAR INC. 0.74% 1.72%

Only in one fund ↓

Only in CTEC

SAMSUNG SDI CO., LTD. 9.59%

VESTAS WIND SYSTEMS A/S 8.29%

Contemporary Amperex Technology Co., Ltd. 6.04%

NIBE Industrier AB 5.54%

Nordex SE 4.00%

China Everbright Environment Group Limited 3.54%

JOHNSON MATTHEY PLC 3.50%

XINYI SOLAR HOLDINGS LIMITED 2.36%

Only in PBW

Cadeler A/S 2.01%

EVgo Inc 2.00%

Ormat Technologies Inc 1.94%

Universal Display Corp 1.84%

Tesla Inc 1.73%

Beta Technologies Inc 1.72%

Itron Inc 1.70%

Brookfield Renewable Corp 1.68%

Check overlap with more funds →

Window by window

Window by window: CTEC vs PBW: Holdings Overlap & Returns
	Total return		vs its benchmark
Window	CTEC	PBW	CTEC	PBW
3 months	−9.3%	−20.4%	not measured	−20.1 pts vs IWV
6 months	−26.4%	−32.9%	not measured	−37.8 pts vs IWV
1 year	−9.3%	−13.3%	not measured	−28.1 pts vs IWV
3 years	+11.5%	+4.1%	not measured	−76.9 pts vs IWV
Since launchNot the same days: CTEC Oct 2020 · PBW Mar 2005	−30.0%	−52.4%	not measured	not measured

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Side by side

CTEC Global X ClimateTech ETF · Holds 40 stocks in clean energy, 6% of its weight in S&P 500 companies PBW Invesco WilderHill Clean Energy ETF · Holds 73 stocks in clean energy, 8% of its weight in S&P 500 companies

Issuer Global X Invesco

Theme Clean energy Clean energy

In the S&P 500 6.3% 8.1%

Active share vs the S&P 500 100.0% 97.9%

In the Nasdaq-100 0.0% 3.3%

Holdings 40 73

Top ten, share of the fund 59.6% 19.7%

Expense ratio 0.50% 0.63%

Fee for the differing part 0.50% 0.64%

Total return, 1 year −9.3% −13.3%

vs its benchmark not measured −28.1 pts vs IWV

Below its high −62.8% −77.8%

Net assets, CTEC as of Oct 12, 2026 and PBW as of Nov 3, 2026 $23m $296m

As of Nov 4, 2026. Source: ETFIQ.

19% of the two portfolios are the same securities at the same weight.

Alert

About each fund

CTEC

By weight, 6% of CTEC'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 60% of the fund across 40 positions, as filed for Aug 31, 2026. Over the year to Nov 4, 2026 the fund returned −9.3% with distributions reinvested. It sits 62.8% below its all-time high of Feb 9, 2021.

PBW

Over the year to Nov 4, 2026 the fund returned −13.3% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was behind by 28.1 pts.

By weight, 8% of PBW's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 20% of the fund across 73 positions, as published by its issuer for Nov 3, 2026. It sits 77.8% below its all-time high of Feb 9, 2021.

Questions people ask

Do CTEC and PBW hold the same stocks?: By their latest filings, 19% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, CTEC or PBW?: CTEC has 6% of its weight in S&P 500 names and PBW has 8%, so CTEC differs more from the index.
Which is cheaper, CTEC or PBW?: CTEC charges 0.50% a year and PBW charges 0.63%, so CTEC is cheaper. Fees come from each fund's prospectus.

Other comparisons

CTEC vs QCLN CTEC vs PBD CTEC vs TAN CTEC vs KGRN PBW vs RNRG PBW vs VCLN PBW vs SMOG PBW vs QCLN

Where to next

All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →CTEC on its own →PBW on its own →CTEC dividend history →CTEC holdings →PBW dividend history →PBW holdings →Method →Standards and sources →

Sources and dates

CTEC filings on SEC EDGAR ↗

CTEC prospectus with the expense ratio (SEC) ↗

Global X page for CTEC ↗

PBW filings on SEC EDGAR ↗

PBW prospectus with the expense ratio (SEC) ↗

Invesco page for PBW ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, CTEC against PBW, data as of Nov 4, 2026. https://etfiq.com/compare/themes/ctec-vs-pbw

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.