PBD
Invesco Global Clean Energy ETF
📎 Investment Objective
The Invesco Global Clean Energy ETF (PBD) seeks to track the investment results of an index that is designed to provide exposure to global companies engaged in the clean energy business.
Overview
ETF tracking Invesco Global Clean Energy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Invesco Global Clean Energy ETF (PBD) seeks to track the investment results of an index that is designed to provide exposure to global companies engaged in the clean energy business.
🎯 Investment Strategy
The ETF employs a passive management approach and seeks to track the Nasdaq Clean Edge Global Wind and Solar Portfolio Index. The index is composed of companies that are primarily manufacturers, developers, distributors, or installers of clean-energy technologies, including solar photovoltaics, wind turbines, hydropower, geothermal, and biofuels.
✨ Key Features
- Provides exposure to a diversified portfolio of global clean energy companies
- Tracks an index focused on the clean energy industry
- Passively managed to seek to replicate the performance of the underlying index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on the clean energy industry
- Exposure to international and emerging market securities, which can be more volatile
- Potential for high volatility in the clean energy sector
- Tracking error risk as the fund may not perfectly replicate the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to the global clean energy sector as part of a diversified portfolio. It may be of particular interest to investors with a long-term investment horizon and a higher risk tolerance who believe in the growth potential of the clean energy industry.
Similar ETFs in Energy
View all Energy ETFs →Energy Select Sector SPDR Fund
$92.02
Vanguard Energy ETF
$129.34
First Trust North American Energy Infrastructure Fund
$38.55
State Street SPDR S&P Oil & Gas Exploration & Production ETF
$134.01
iShares Global Clean Energy ETF
$17.02
Fidelity MSCI Energy Index ETF
$25.43