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

> ETEC leads the energy transition ETFs least like the S&P 500 at 14.0% (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 energy transition ETFs least like the S&P 500

See 9 funds ranked by the share of each fund held in S&P 500 companies. Updated Nov 4, 2026. Every fund here is sold on energy transition. 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 | ETEC | iShares Breakthrough Environmental Solut | 14.0% | 97.6% | $3.6m | 0.47% |
| 2 | ETHO | Amplify Etho Climate Leadership U.S. ETF | 26.0% | 90.9% | $197m | 0.45% |
| 3 | EVX | VanEck Environmental Services ETF | 31.0% | 99.7% | $100m | 0.55% |
| 4 | NBET | Neuberger Energy Transition & Infrastruc | 34.0% | 98.7% | $47m | 0.65% |
| 5 | NVIR | Horizon Kinetics Energy and Remediation | 41.7% | 98.0% | $5.8m | 0.85% |
| 6 | PWER | Nomura Energy Transition ETF | 42.1% | 98.6% | $11m | 0.79% |
| 7 | PCLN | Pictet Cleaner Planet ETF | 59.1% | 89.5% | $18m | 0.70% |
| 8 | IQSZ | Invesco Global Equity Net Zero ETF | 61.3% | 50.0% | $166m | 0.19% |
| 9 | USNZ | Xtrackers Net Zero Pathway Paris Aligned | 97.7% | 24.1% | $291m | 0.10% |

### Method

The 9 of 9 ETFs in the energy transition and decarbonisation 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 14.0% to 97.7%. 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

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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 energy transition 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-energy-transition
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-energy-transition