Data as of Oct 27, 2026.
Energy transition and decarbonisation ETFs
See every energy transition and decarbonisation ETF by what it holds, not by its name. Funds that hold the companies taking carbon out of industry: energy efficiency, environmental services and remediation. 9 funds, largest first. Updated Oct 27, 2026. The typical fund carries 42% of its weight in S&P 500 stocks, the 17th most of the 53 themes with holdings on file.
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What these funds actually own
Between them the 9 funds' ten largest holdings name 80 companies, of which 10 appear in more than one.More
NVIDIA CORP is among the ten largest of 2 of them, at an average of 7.3% of the fund.
Energy transition and decarbonisation ETFs, the companies their ten largest holdings name. The 15 most widely held of 80. Source: each fund's latest SEC filing or its issuer’s own daily holdings file, read by ETFIQ.
How this is counted
Each row counts the ten largest holdings of each fund, so a fund missing from a row may still hold that company lower down. Weights are of the funds that name it, not of the theme.
Share of each fund's weight in S&P 500 companies. Above half, the fund is mostly the S&P 500.
Dark line: the S&P 500 over the same days, +13.5%. Last column: the gap to each fund's own benchmark, in points.
The 9 largest energy transition and decarbonisation ETFs
ETFIQ covers 9 energy transition and decarbonisation ETFs. The largest are USNZ ($298m), ETHO ($197m) and IQSZ ($168m); fees run 0.10% to 0.85%, as of .
- 1USNZ$298m0.10%Xtrackers Net Zero Pathway Paris Aligned US Equity ETF
- 2ETHO$197m0.45%Amplify Etho Climate Leadership U.S. ETF
- 3IQSZ$168m0.19%Invesco Global Equity Net Zero ETF
- 4EVX$99m0.55%VanEck Environmental Services ETF
- 5NBET$47m0.65%Neuberger Energy Transition & Infrastructure ETF
- 6PCLN$18m0.70%Pictet Cleaner Planet ETF
- 7PWER$11m0.79%Nomura Energy Transition ETF
- 8NVIR$5.8m0.85%Horizon Kinetics Energy and Remediation ETF
- 9ETEC$3.6m0.47%iShares Breakthrough Environmental Solutions ETF
Every energy transition and decarbonisation ETF, largest first
Click a column to sortPoints (pts) are percentage points.
| Ticker | Fund | Issuer | Net assets ↓ | In the S&P 500 | Active share | Total return 1Y | vs its benchmark 1Y | Fee |
|---|---|---|---|---|---|---|---|---|
| USNZ | Xtrackers Net Zero Pathway Paris Aligned US Equity ETF | Xtrackers | $298m | 97.7% | 23.1% | +12.8% | −0.8 pts vs VOO | 0.10% |
| ETHO | Amplify Etho Climate Leadership U.S. ETF | Amplify | $197m | 26.2% | 90.9% | +25.3% | not measured | 0.45% |
| IQSZ | Invesco Global Equity Net Zero ETF | Invesco | $168m | 61.6% | 49.2% | +18.1% | +5.0 pts vs ACWI | 0.19% |
| EVX | VanEck Environmental Services ETF | VanEck | $99m | 30.2% | 99.7% | +2.4% | not measured | 0.55% |
| NBET | Neuberger Energy Transition & Infrastructure ETF | Neuberger Berman | $47m | 34.0% | 98.7% | +35.7% | not measured | 0.65% |
| PCLN | Pictet Cleaner Planet ETF | Pictet | $18m | 59.1% | 89.5% | +15.4% | +2.3 pts vs ACWI | 0.70% |
| PWER | Nomura Energy Transition ETF | Nomura | $11m | 42.1% | 98.6% | +33.9% | +20.8 pts vs ACWI | 0.79% |
| NVIR | Horizon Kinetics Energy and Remediation ETF | Horizon Kinetics | $5.8m | 41.7% | 98.0% | +26.8% | not measured | 0.85% |
| ETEC | iShares Breakthrough Environmental Solutions ETF | iShares | $3.6m | 13.7% | 97.6% | −10.8% | −23.9 pts vs ACWI | 0.47% |
How much of each pair is the same fund
The closest pair is IQSZ and USNZ, which hold 46% of their weight in the same companies. The furthest apart is PWER and USNZ at 0%. The middle pair of the 36 is 2%.
Energy transition and decarbonisation ETFs, the share of each pair’s weight held in the same companies. Read across or down; the number is the same either way. Cells are shaded against the closest pair here, 46%. Source: each fund’s own filed or daily holdings, read by ETFIQ.
How to read the grid
Weight overlap adds the smaller of the two weights for every company both funds hold. Funds with a cut-short book are left out, not compared short.
What each fund holds alone
Energy transition and decarbonisation ETFs, the largest holding no other fund in the grid holds. Source: ETFIQ.
Questions people ask
- How many energy transition and decarbonisation ETFs are there?
- ETFIQ covers 9 US listed energy transition and decarbonisation ETFs as of Oct 27, 2026. That is every one it can measure from the fund’s own published holdings.
- What is the largest energy transition and decarbonisation ETF?
- USNZ, Xtrackers Net Zero Pathway Paris Aligned US Equity ETF, at $298m in net assets as of Oct 26, 2026, the largest of the 9 energy transition and decarbonisation ETFs with a published size.
- What is the cheapest energy transition and decarbonisation ETF?
- USNZ, Xtrackers Net Zero Pathway Paris Aligned US Equity ETF, at 0.10% a year by its prospectus filed Dec 18, 2025, the lowest fee of the 9 energy transition and decarbonisation ETFs that publish one.
- Which energy transition and decarbonisation ETF has performed best over the past year?
- NBET, Neuberger Energy Transition & Infrastructure ETF, at +35.7% total return over the year to Oct 27, 2026, the highest of the 9 energy transition and decarbonisation ETFs with a full year of trading behind them. Past returns do not predict future ones.
- What do energy transition and decarbonisation ETFs hold?
- Funds that hold the companies taking carbon out of industry: energy efficiency, environmental services and remediation. Between them the 9 energy transition and decarbonisation ETFs ETFIQ can read name 80 companies in their ten largest holdings, by holdings dated May 29, 2026 to Oct 26, 2026, most widely NVIDIA CORP, which is among the ten largest of 2 of them.
- Do energy transition and decarbonisation ETFs hold the same companies?
- It depends which two. Across the 36 pairs of the 9 energy transition and decarbonisation ETFs with a full published book, by holdings dated Jun 30, 2026 to Oct 26, 2026, IQSZ and USNZ hold 46% of their weight in the same companies, PWER and USNZ hold 0%, and the middle pair holds 2%. Two funds sold on one theme are not the same fund.
What the issuers say about this theme
About these links
The issuers behind these energy transition and decarbonisation funds publish their own work on this theme. These are their pages and words, not ETFIQ’s. A fund company writing about a theme it sells is making a case.
Issuer material on this theme. Links leave ETFIQ. Source: each issuer’s own site.
Links are sources, not endorsements. Standards and sources →
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<figure style="margin:0;max-width:640px">
<a href="https://etfiq.com/themes/energy-transition"><img src="https://etfiq.com/assistant/api/embed/theme/energy-transition.svg" alt="Energy transition and decarbonisation ETFs, one-year total return to Oct 27, 2026: NBET +35.7%, PWER +33.9%, NVIR +26.8%, ETHO +25.3%, IQSZ +18.1%, PCLN +15.4%, EVX +2.4%, ETEC −10.8%." width="640" style="max-width:100%;height:auto"></a>
<figcaption style="font:13px/1.5 sans-serif">Energy transition and decarbonisation ETFs, one-year total return to Oct 27, 2026: NBET +35.7%, PWER +33.9%, NVIR +26.8%, ETHO +25.3%, IQSZ +18.1%, PCLN +15.4%, EVX +2.4%, ETEC −10.8%. Data: <a href="https://etfiq.com/themes/energy-transition">ETFIQ</a></figcaption>
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ETFIQ, Energy transition and decarbonisation ETFs, data as of Oct 27, 2026. https://etfiq.com/themes/energy-transition
ETFIQ. (Oct 27, 2026). Energy transition and decarbonisation ETFs. Retrieved from https://etfiq.com/themes/energy-transition
[Energy transition and decarbonisation ETFs (ETFIQ, Oct 27, 2026)](https://etfiq.com/themes/energy-transition)
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