Data as of .
KGRN vs PBD: which is really different?
KGRN and PBD hold 4% of their weight in the same names, and PBD returned more over the year.
ETFIQ Off-Index Score: KGRN 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
4% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, KGRN and PBD hold 4% of their money in the same securities at the same weight.
| Holding | KGRN | PBD |
|---|---|---|
| XINYI SOLAR HOLDINGS LTD | 3.01% | 0.88% |
| JINKOSOLAR HOLDING CO-ADR | 0.75% | 0.60% |
| XINYI ENERGY HOLDINGS LTD | 0.53% | 0.96% |
| YADEA GROUP HOLDINGS LTD | 0.44% | 0.84% |
| Only in KGRN | Only in PBD |
|---|---|
| CGN POWER CO LTD-H 10.44% | Doosan Fuel Cell Co Ltd 1.34% |
| CHINA YANGTZE POWER CO LTD-A 9.71% | Lotte Energy Materials Corp 1.22% |
| BYD CO LTD-H 8.07% | Bloom Energy Corp 1.13% |
| CHINA NATIONAL NUCLEAR POW-A 4.96% | CS Wind Corp 1.09% |
| EB ENVIRONMENT 4.66% | Verbund AG 1.06% |
| CHINA LONGYUAN POWER GROUP-H 4.23% | Mercury NZ Ltd 1.05% |
| CONTEMPORARY AMPEREX TECHN-A 3.94% | Nibe Industrier AB 1.05% |
| SUNGROW POWER SUPPLY CO LT-A 3.84% | Samsung SDI Co Ltd 1.05% |
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 | |||
|---|---|---|---|---|---|---|
| KGRN | PBD | KGRN | PBD | KGRN | PBD | |
| 3 months | −10.9% | −14.9% | −13.2 pts | −17.1 pts | −8.5 pts | −12.4 pts |
| 6 months | −22.8% | −0.8% | −40.8 pts | −18.8 pts | −47.0 pts | −25.0 pts |
| 1 year | −28.1% | +17.0% | −44.6 pts | +0.4 pts | −49.9 pts | −4.8 pts |
| 3 years | −10.9% | +12.7% | −89.3 pts | −65.7 pts | −109.1 pts | −85.5 pts |
| Since launch | −1.8% | +32.1% | −245.0 pts | −771.4 pts | −417.3 pts | −1658.1 pts |
| KGRN KraneShares MSCI China Clean Technology Index ETF Holds 51 stocks in clean energy, 0% 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 | KraneShares | Invesco |
| Theme | Clean energy | Clean energy |
| In the S&P 500 | 0.0% | 1.7% |
| Active share vs the S&P 500 | 100.0% | 99.9% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 51 | 124 |
| Top ten, share of the fund | 57.1% | 11.1% |
| Expense ratio | 0.79% | 0.75% |
| Fee for the differing part | 0.79% | 0.75% |
| Total return, 1 year | −28.1% | +17.0% |
| vs the S&P 500 | −44.6 pts | +0.4 pts |
| vs the Nasdaq-100 | −49.9 pts | −4.8 pts |
| Below its high | −57.7% | −52.6% |
| Net assets | $47m | $118m |
KGRN in plain words
By weight, 0% of KGRN'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 57% of the fund across 51 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned −28.1% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 44.6 pts. It sits 57.7% below its all-time high of Feb 16, 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 KGRN and PBD hold the same stocks?
- By their latest filings, 4% 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, KGRN or PBD?
- KGRN has 0% of its weight in S&P 500 names and PBD has 2%, so KGRN differs more from the index.
- Which is cheaper, KGRN or PBD?
- KGRN charges 0.79% a year and PBD charges 0.75%, so PBD 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, KGRN against PBD, data as of Sep 18, 2026. https://etfiq.com/compare/themes/kgrn-vs-pbd Free to use with attribution; the underlying files are at Open data.