Skip to Content
ETFs

Invesco WilderHill Clean Energy ETF

PBW
$—
Today’s Change
— (—)

Snapshot
*

Inception Date
Mar 3, 2005
Expense Ratio
0.61%
Type
Global Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$9,489,709
AUM
$514,149,026
Associated Index
WilderHill Clean Energy Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XPEV
XPeng Inc - ADR
2.72%
RIVN
Rivian Automotive Inc - Ordinary Shares - Class A
2.54%
ACHR
Archer Aviation Inc - Ordinary Shares - Class A
2.54%
ARRY
Array Technologies Inc
1.9%
OLED
Universal Display Corp.
1.84%
ESE
Esco Technologies, Inc.
1.81%
LEV
Lion Electric Co (The)
1.8%
NRGV
Energy Vault Holdings Inc
1.78%
AMPS
Altus Power Inc - Ordinary Shares - Class A
1.76%
FSR
Fisker Inc - Ordinary Shares - Class A
1.75%
Invest with PBW
Trade PBW Options

What is PBW?

The Invesco WilderHill Clean Energy ETF (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is composed of stocks of companies that are publicly traded in the United States and engaged in the business of advancement of cleaner energy and conservation. The Fund and the Index are rebalanced and reconstituted quarterly.

1M
3M
6M
YTD
1Y
3Y
Max
www.composer.trade

PBW
Performance Measures**

for the time period Mar 3, 2005 to Dec 4, 2025

Returns

1M Trailing Return: 3.7%

The percent change in the value over the most recent 1-month period.

3M Trailing Return: 30.3%

The percent change in the value over the most recent 3-month period.

Measures of Risk or Volatility

Max Drawdown: -89.0%

The greatest percent loss from peak to trough in value over the time period.

Standard Deviation: 36.6%

The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

Measures of Risk-Adjusted Performance

Sharpe Ratio: 0.10

The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.

Calmar Ratio: -0.03

The annualized return divided by the max drawdown for the selected time period.

ETFs related toPBW

ETFs correlated to PBW include ACES, QCLN, KOMP

PBW
Invesco Capital Management LLC - Invesco WilderHill Clean Energy ETF
ACES
ALPS Fund Services - ALPS Clean Energy ETF
QCLN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Clean Edge Green Energy Index Fund
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
CNRG
SPDR Series Trust - SPDR S&P Kensho Clean Power ETF
ERTH
Invesco Capital Management LLC - Invesco MSCI Sustainable Future ETF
VBK
Vanguard Group, Inc. - Vanguard Small Cap Growth ETF
ARKQ
ARK Investment Management LLC - ARK Autonomous Technology & Robotics ETF
DRIV
Global X Funds - Global X Autonomous & Electric Vehicles ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
IDRV
iShares Trust - iShares Self-Driving EV and Tech ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Trading Strategies
Related toPBW

Simon | KMLM switcher | Simon Shorts Ed. + MbM | (single pops)| BT 4/13/22

Category

Trend-following, RSI momentum, volatility hedging, leveraged ETFs, inverse ETFs, managed futures (KMLM), bonds/cash, tech/semis/small-cap/biotech, risk-on/off

OOS Cumulative Return

94.76%

AutoSignals | (TQQQ or SH? Edition)

Category

Trend-following, risk-on/off, RSI and moving-average filters, cross-asset signals, TQQQ vs SH toggle, high turnover, leveraged ETF

OOS Cumulative Return

0.92%

Create your own algorithmic trading strategy with PBW using Composer

FAQ

PBW is a Global Equities ETF. The Invesco WilderHill Clean Energy ETF (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is composed of stocks of companies that are publicly traded in the United States and engaged in the business of advancement of cleaner energy and conservation. The Fund and the Index are rebalanced and reconstituted quarterly.

PBW tracks the WilderHill Clean Energy Index.

No, PBW is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PBW is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PBW is -0.0848%. This is the percent change in the value of PBW over the most recent 1-month period. The 3-month return on PBW is -0.1347%. This is the percent change in the value of PBW over the most recent 3-month period.

The standard deviation of PBW for the past year is 0.3982%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PBW include IGF, ARKK, and EFG.

ETFs correlated to PBW include ACES, QCLN, and KOMP.

ETFs that are inversely correlated to PBW include RWM, TWM, and SRTY.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.