Data as of .
PBD vs RNRG: which is really different?
PBD and RNRG hold 12% of their weight in the same names, and PBD returned more over the year.
ETFIQ Off-Index Score: RNRG 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
12% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, PBD and RNRG hold 12% of their money in the same securities at the same weight.
| Holding | PBD | RNRG |
|---|---|---|
| Verbund AG | 1.06% | 6.78% |
| Mercury NZ Ltd | 1.05% | 4.21% |
| Scatec ASA | 0.98% | 1.25% |
| ERG SpA | 0.97% | 2.89% |
| Verbio SE | 0.96% | 1.65% |
| Orsted AS | 0.95% | 5.94% |
| EDP Renewables SA | 0.90% | 5.88% |
| Enlight Renewable Energy Ltd | 0.85% | 5.32% |
| Ormat Technologies Inc | 0.83% | 4.42% |
| Sunrun Inc | 0.82% | 1.50% |
| Xinyi Energy Holdings Ltd | 0.96% | 0.64% |
| West Holdings Corp | 0.86% | 0.48% |
| Only in PBD | Only in RNRG |
|---|---|
| Doosan Fuel Cell Co Ltd 1.34% | AXIA ENERGIA SA 6.68% |
| Lotte Energy Materials Corp 1.22% | BARITO RENEWABLES ENERGY TBK 5.72% |
| Bloom Energy Corp 1.13% | ENGIE BRASIL ENERGIA SA 4.83% |
| CS Wind Corp 1.09% | MERIDIAN ENERGY LTD 4.68% |
| Nibe Industrier AB 1.05% | BROOKFIELD RENEWABLE PARTNER 4.37% |
| Samsung SDI Co Ltd 1.05% | CONTACT ENERGY LTD 3.92% |
| J&V Energy Technology Co Ltd 1.04% | CHINA POWER INTERNATIONAL 3.05% |
| SolarEdge Technologies Inc 1.04% | NORTHLAND POWER INC 3.03% |
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 | |||
|---|---|---|---|---|---|---|
| PBD | RNRG | PBD | RNRG | PBD | RNRG | |
| 3 months | −14.9% | −6.8% | −17.1 pts | −9.1 pts | −12.4 pts | −4.3 pts |
| 6 months | −0.8% | −5.5% | −18.8 pts | −23.5 pts | −25.0 pts | −29.7 pts |
| 1 year | +17.0% | +9.7% | +0.4 pts | −6.9 pts | −4.8 pts | −12.1 pts |
| 3 years | +12.7% | +8.1% | −65.7 pts | −70.3 pts | −85.5 pts | −90.1 pts |
| Since launch | +32.1% | −0.4% | −771.4 pts | −334.0 pts | −1658.1 pts | −609.3 pts |
| PBD Invesco Global Clean Energy ETF Holds 124 stocks in clean energy, 2% of its weight in S&P 500 companies | RNRG Global X Renewable Energy Producers ETF Holds 43 stocks in clean energy, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | Global X |
| Theme | Clean energy | Clean energy |
| In the S&P 500 | 1.7% | 0.0% |
| Active share vs the S&P 500 | 99.9% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 124 | 43 |
| Top ten, share of the fund | 11.1% | 54.6% |
| Expense ratio | 0.75% | 0.65% |
| Fee for the differing part | 0.75% | 0.65% |
| Total return, 1 year | +17.0% | +9.7% |
| vs the S&P 500 | +0.4 pts | −6.9 pts |
| vs the Nasdaq-100 | −4.8 pts | −12.1 pts |
| Below its high | −52.6% | −40.1% |
| Net assets | $118m | $24m |
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.
RNRG in plain words
By weight, 0% of RNRG'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 55% of the fund across 43 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +9.7% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 6.9 pts. It sits 40.1% below its all-time high of Jan 7, 2021.
Questions people ask
- Do PBD and RNRG hold the same stocks?
- By their latest filings, 12% 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, PBD or RNRG?
- PBD has 2% of its weight in S&P 500 names and RNRG has 0%, so RNRG differs more from the index.
- Which is cheaper, PBD or RNRG?
- PBD charges 0.75% a year and RNRG charges 0.65%, so RNRG 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, PBD against RNRG, data as of Sep 18, 2026. https://etfiq.com/compare/themes/pbd-vs-rnrg Free to use with attribution; the underlying files are at Open data.