# The clean energy ETFs least like the S&P 500

> KGRN leads the clean energy ETFs least like the S&P 500 at 0.0% (weight in S&P 500 companies), as of Nov 4, 2026. A ranking is not a recommendation.

Data as of Nov 4, 2026. Rebuilt every trading night.

As of Nov 4, 2026 . Rebuilt every trading night.

## The clean energy ETFs least like the S&P 500

See 15 funds ranked by the share of each fund held in S&P 500 companies. Updated Nov 4, 2026. Every fund here is sold on clean energy. The one at the top holds the least of the S&P 500, so it adds the most you do not already own.

| # | Ticker | Fund | Weight in S&P 500 companies | Active share | Net assets | Fee |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | KGRN | KraneShares MSCI China Clean Technology | 0.0% | 100.0% | $44m | 0.79% |
| 2 | RNRG | Global X Renewable Energy Producers ETF | 0.0% | 100.0% | $23m | 0.65% |
| 3 | PBD | Invesco Global Clean Energy ETF | 1.9% | 99.9% | $99m | 0.75% |
| 4 | HYDR | Global X Hydrogen ETF | 5.6% | 99.7% | $89m | 0.50% |
| 5 | CTEC | Global X ClimateTech ETF | 6.3% | 100.0% | $23m | 0.50% |
| 6 | FAN | First Trust Global Wind Energy ETF | 6.7% | 99.2% | $190m | 0.60% |
| 7 | PBW | Invesco WilderHill Clean Energy ETF | 8.1% | 97.9% | $296m | 0.63% |
| 8 | ICLN | iShares Global Clean Energy ETF | 8.8% | 100.0% | $2.1bn | 0.38% |
| 9 | FRNW | Fidelity Clean Energy ETF | 9.7% | 99.5% | $91m | 0.39% |
| 10 | TAN | Invesco Solar ETF | 9.7% | 100.0% | $937m | 0.70% |
| 11 | VCLN | Virtus Duff & Phelps Clean Energy ETF | 15.4% | 98.9% | $5.5m | 0.59% |
| 12 | ACES | ALPS Clean Energy ETF | 16.6% | 98.1% | $109m | 0.55% |
| 13 | SMOG | VanEck Low Carbon Energy ETF | 20.0% | 97.8% | $126m | 0.64% |
| 14 | CNRG | State Street SPDR S&P Kensho Clean Power | 27.8% | 96.9% | $167m | 0.45% |
| 15 | QCLN | First Trust Nasdaq Clean Edge Green Ener | 33.5% | 97.9% | $489m | 0.59% |

### Method

The 16 of 16 ETFs in the clean energy theme with a filed book, least overlap first, each measured against the S&P 500 holdings ETFIQ reads for the same date. Across the funds listed here the weight held in S&P 500 companies runs from 0.0% to 33.5%. A thematic fund is worth its fee only for the part of it you do not already own. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

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### Sources

Links are sources, not endorsements.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, The clean energy ETFs least like the S&P 500, ranked by the share of each fund held in S&P 500 companies, data as of Nov 4, 2026. https://etfiq.com/rankings/themes-off-index-clean-energy
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/rankings/themes-off-index-clean-energy