ATLASInvesco WilderHill Clean Energy ETF (PBW): outlook, holdings and fees
Invesco WilderHill Clean Energy ETF (PBW) is an exchange-traded fund and is managed by Invesco. The expense ratio is 0.68% and the yield is 2.39%. The ten largest holdings are 17% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PBW
| Last price | $25.91 (+2.7%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 50% |
| Likely 1-month range (50%) | $24.15 – $27.75 |
| Normal 1-day range (±1σ) | ±2.4% |
| Distribution yield | 2.39% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PBW fund facts
| Issuer | Invesco |
|---|---|
| Theme | Clean energy |
| Assets under management | $314M |
| Expense ratio | 0.68% |
| Number of holdings | 50 |
| Portfolio turnover | 0% |
| Inception | Mar 3, 2005 |
| Exchange | NYSE |
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is composed of stocks of publicly traded companies listed on a major exchange in the U.S. that are engaged in the business of the advancement of cleaner energy and conservation or are important to the development of clean energy. Stocks are included in the index based on the index provider's evaluation that such companies will substantially benefit from a societal transition toward the use of cleaner energy, zero-CO2 renewables and conservation.
PBW top holdings
| Holding | Sector | Weight |
|---|---|---|
| Nextpower Inc. NXT | Technology | 1.97% |
| Canadian Solar Inc CSIQ | Technology | 1.78% |
| Array Technologies Inc ARRY | Technology | 1.79% |
| Ormat Technologies Inc ORA | Utilities | 1.68% |
| Quanta Services Inc PWR | Industrials | 1.62% |
| Advanced Energy Industries Inc AEIS | Industrials | 1.66% |
| First Solar Inc FSLR | Technology | 1.64% |
| Wolfspeed, Inc. WOLF | Technology | 1.65% |
| MYR Group Inc MYRG | Industrials | 1.64% |
| Shoals Technologies Group Inc SHLS | Technology | 1.55% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PBW sector breakdown
| Sector | Weight |
|---|---|
| Technology | 30.3% |
| Industrials | 28.3% |
| Basic Materials | 17.6% |
| Consumer Cyclicals | 13.4% |
| Utilities | 8.8% |
| Consumer Defensive | 1.6% |
By region: North America 89.9%, Asia Emerging 4.8%, Australasia 2.7%, Latin America 1.4%, Europe Developed 1.2%.
PBW returns and risk
| Year to date | -8.8% |
|---|---|
| 1 year | -18.1% |
| 3 years (annualised) | -0.2% |
| 5 years (annualised) | -17.5% |
| 10 years (annualised) | +5.6% |
| Volatility (3 years) | 40.2% |
| Sharpe ratio (3 years) | 0.06 |
Past returns do not guarantee future results.
PBW: frequently asked questions
What does PBW invest in?
Invesco WilderHill Clean Energy ETF invests in a portfolio of securities. Its largest holdings are Nextpower Inc. (2.0%), Canadian Solar Inc (1.8%), Array Technologies Inc (1.8%), Ormat Technologies Inc (1.7%), Quanta Services Inc (1.6%).
What is the PBW expense ratio?
0.68% a year: about $68.00 for every $10,000 invested.
What is the PBW dividend yield?
2.39%. ATLAS does not hold the exact distribution dates for ETFs.
Will PBW go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 50%, with a likely range (50%) of $24.15 to $27.75 from $25.91 today. It is a probability, not a prediction.
How has PBW performed?
Year to date -8.8%, one year -18.1%, three years -0.2% a year, five years -17.5% a year. Past returns do not guarantee future results.
Similar ETFs: Clean energy
Educational information, not investment advice. Disclaimer