# PBW (Invesco WilderHill Clean Energy ETF)

Invesco · Thematic ETFs · data as of Sep 11, 2026

PBW holds 72 stocks, and 92% of its weight is outside the S&P 500.

## Key facts

- PBW, already in the S&P 500: 7.8%, as of Sep 11, 2026.
- PBW, active share vs the S&P 500: 97.9%, as of Sep 11, 2026.
- PBW, top ten holdings: 21.3%, as of Sep 11, 2026.
- PBW, total return, 1 year: +24.5%, as of Sep 11, 2026.
- PBW, net assets: $378m (the issuer daily holdings, added up, as of Sep 10, 2026).
- PBW, expense ratio: 0.63% (485BPOS XBRL, Aug 27, 2026).

## PBW over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −22.1% | +3.3% | −25.4 pts | −21.3 pts |
| 6 months | −2.8% | +16.0% | −18.8 pts | −23.5 pts |
| 1 year | +24.5% | +17.5% | +7.0 pts | +1.5 pts |
| 3 years | −6.7% | +77.9% | −84.6 pts | −101.8 pts |
| Since launch | −24.1% | +804.4% | −828.5 pts | −1698.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Clean energy | ETFIQ, editorial |
| Launched | Jan 4, 2010 | ETFIQ |
| Already in the S&P 500, by weight | 7.8% | ETFIQ |
| Active share vs the S&P 500 | 97.9% | ETFIQ |
| Already in the Nasdaq-100, by weight | 3.2% | ETFIQ |
| Active share vs the Nasdaq-100 | 97.9% | ETFIQ |
| Top ten holdings weight | 21.3% | ETFIQ |
| Holdings | 72 | ETFIQ |
| Holdings as of | Sep 10, 2026 | the issuer’s daily file |
| Top holdings | Beta Technologies Inc 2.4%, Darling Ingredients Inc 2.4%, Cadeler A/S 2.3%, Itron Inc 2.1%, Gevo Inc 2.1%, Gentherm Inc 2.1%, Rivian Automotive Inc 2.0%, OPAL Fuels Inc 2.0%, Archer Aviation Inc 1.9%, Preformed Line Products Co 1.9% | ETFIQ |
| Net assets | $378m | the issuer daily holdings, added up, as of Sep 10, 2026 |
| Below its all-time high | −74.1% | ETFIQ |
| Expense ratio | 0.63% | 485BPOS XBRL, Aug 27, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.64% | ETFIQ |
| Closest funds by holdings overlap | QCLN 30%, ACES 29%, UPGR 27%, CNRG 27%, FRNW 22% | ETFIQ |

## Questions

### How much of PBW is in S&P 500 companies?

By its holdings published by its issuer for Sep 10, 2026, 8% of PBW by weight is stocks the S&P 500 already holds. Its active share against the index is 98%, so that share is the part doing something different.

### What does PBW hold?

72 positions as published by its issuer for Sep 10, 2026, with the top ten at 21% of the fund. The largest are Beta Technologies Inc at 2.4%, Darling Ingredients Inc at 2.4%, Cadeler A/S at 2.3%.

### Has PBW beaten the S&P 500?

Over the year to Sep 11, 2026 PBW returned +24.5% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 7.0 points.

### What does PBW cost?

The prospectus expense ratio is 0.63% a year. Because 98% of the fund differs from the S&P 500, the fee on that differing part works out at 0.64%.


## Cite this page

ETFIQ, PBW, data as of Sep 11, 2026. https://etfiq.com/funds/pbw
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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