Data as of .
PBD vs VCLN: which is really different?
PBD and VCLN hold 14% of their weight in the same names, and VCLN 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
14% 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 VCLN hold 14% of their money in the same securities at the same weight.
| Holding | PBD | VCLN |
|---|---|---|
| Bloom Energy Corp | 1.13% | 9.30% |
| SolarEdge Technologies Inc | 1.04% | 1.50% |
| Solaria Energia y Medio Ambiente SA | 1.02% | 1.82% |
| Vestas Wind Systems A/S | 0.98% | 3.60% |
| Orsted AS | 0.95% | 2.43% |
| Prysmian SpA | 0.93% | 2.80% |
| Ceres Power Holdings PLC | 0.90% | 2.91% |
| EDP Renewables SA | 0.90% | 1.23% |
| SPIE SA | 0.88% | 1.87% |
| Plug Power Inc | 0.88% | 3.34% |
| Xinyi Solar Holdings Ltd | 0.88% | 1.64% |
| Hubbell Inc | 0.85% | 1.22% |
| Only in PBD | Only in VCLN |
|---|---|
| Doosan Fuel Cell Co Ltd 1.34% | NEXTPOWER INC 7.04% |
| Lotte Energy Materials Corp 1.22% | CHINA YANGTZE POWER CO LTD 5.55% |
| CS Wind Corp 1.09% | CLEARWAY ENERGY INC 4.10% |
| Verbund AG 1.06% | IBERDROLA SA 3.65% |
| Mercury NZ Ltd 1.05% | EDP SA 3.00% |
| Nibe Industrier AB 1.05% | MAIRE SPA 2.66% |
| Samsung SDI Co Ltd 1.05% | FORTUM OYJ 2.40% |
| J&V Energy Technology Co Ltd 1.04% | AXIA ENERGIA 2.32% |
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 Apr 30, 2026 and Sep 19, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| PBD | VCLN | PBD | VCLN | PBD | VCLN | |
| 3 months | −14.9% | −14.7% | −17.1 pts | −16.9 pts | −12.4 pts | −12.2 pts |
| 6 months | −0.8% | +2.3% | −18.8 pts | −15.8 pts | −25.0 pts | −22.0 pts |
| 1 year | +17.0% | +23.6% | +0.4 pts | +7.1 pts | −4.8 pts | +1.9 pts |
| 3 years | +12.7% | +59.4% | −65.7 pts | −19.0 pts | −85.5 pts | −38.8 pts |
| Since launch | +32.1% | +14.2% | −771.4 pts | −72.0 pts | −1658.1 pts | −88.2 pts |
| PBD Invesco Global Clean Energy ETF Holds 124 stocks in clean energy, 2% of its weight in S&P 500 companies | VCLN Virtus Duff & Phelps Clean Energy ETF Holds 41 stocks in clean energy, 14% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Invesco | Virtus |
| Theme | Clean energy | Clean energy |
| In the S&P 500 | 1.7% | 14.1% |
| Active share vs the S&P 500 | 99.9% | 98.9% |
| In the Nasdaq-100 | 0.0% | 1.7% |
| Holdings | 124 | 41 |
| Top ten, share of the fund | 11.1% | 49.2% |
| Expense ratio | 0.75% | 0.59% |
| Fee for the differing part | 0.75% | 0.60% |
| Total return, 1 year | +17.0% | +23.6% |
| vs the S&P 500 | +0.4 pts | +7.1 pts |
| vs the Nasdaq-100 | −4.8 pts | +1.9 pts |
| Below its high | −52.6% | −22.6% |
| Net assets | $118m | $6m |
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.
VCLN in plain words
By weight, 14% of VCLN'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 49% of the fund across 41 positions, as filed for Apr 30, 2026. Over the year to Sep 18, 2026 the fund returned +23.6% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 7.1 pts. It sits 22.6% below its all-time high of Jun 2, 2026.
Questions people ask
- Do PBD and VCLN hold the same stocks?
- By their latest filings, 14% 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 VCLN?
- PBD has 2% of its weight in S&P 500 names and VCLN has 14%, so PBD differs more from the index.
- Which is cheaper, PBD or VCLN?
- PBD charges 0.75% a year and VCLN charges 0.59%, so VCLN 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 VCLN, data as of Sep 18, 2026. https://etfiq.com/compare/themes/pbd-vs-vcln Free to use with attribution; the underlying files are at Open data.