ETEC vs. PBW ETF Comparison

Comparison of iShares Breakthrough Environmental Solutions ETF (ETEC) to PowerShares WilderHill Clean Energy Portfolio (PBW)
ETEC

iShares Breakthrough Environmental Solutions ETF

ETEC Description

ETEC provides exposure to global equities categorized as emerging green technology. Selection begins with the initial index universe that then excludes companies involved in controversial issues against UNGC principles. Stocks are reviewed to meet revenue derived from eight sustainable themes: energy efficiency, green buildings and transportation, pollution prevention and reduction, renewable energy, resource efficiency technologies and services, water, and sustainable agriculture, food, and forestry. The fund excludes companies with total sustainable product revenue less than 25%. The remaining stocks are screened further to only include companies classified as green technologies. Stocks are scored within the Rogers innovation adoption curve to determine their position across the innovators-laggards spectrum, which contributes to an aggregate score. The top 50 companies with the highest aggregate scores are selected. The market cap-weighted index is reconstituted annually in December and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$19.80

Average Daily Volume

521

Number of Holdings *

11

* may have additional holdings in another (foreign) market
PBW

PowerShares WilderHill Clean Energy Portfolio

PBW Description The PowerShares WilderHill Clean Energy Portfolio (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 designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$20.63

Average Daily Volume

334,711

Number of Holdings *

54

* may have additional holdings in another (foreign) market
Performance
Period ETEC PBW
30 Days -3.23% 4.09%
60 Days -7.26% 7.90%
90 Days -3.37% 3.53%
12 Months -6.86% -19.63%
7 Overlapping Holdings
Symbol Grade Weight in ETEC Weight in PBW Overlap
ENPH F 2.31% 0.81% 0.81%
FSLR F 3.26% 1.34% 1.34%
NIO F 2.46% 1.4% 1.4%
OLED D 4.92% 1.2% 1.2%
SEDG F 0.6% 0.8% 0.6%
TSLA B 5.97% 2.25% 2.25%
XPEV C 4.28% 2.14% 2.14%
ETEC Overweight 4 Positions Relative to PBW
Symbol Grade Weight
BWA D 6.35%
LI F 3.41%
XYL D 2.69%
LCID F 1.14%
ETEC Underweight 47 Positions Relative to PBW
Symbol Grade Weight
BE B -3.13%
ACHR B -2.16%
MYRG B -2.12%
AMSC B -2.12%
MP B -1.98%
ALB C -1.91%
SLI D -1.87%
AMPS C -1.79%
JKS F -1.76%
ESE B -1.74%
ORA B -1.73%
PWR A -1.73%
DAR C -1.69%
PLPC B -1.67%
SQM F -1.66%
ITRI B -1.65%
JOBY B -1.63%
ARRY C -1.63%
AEIS B -1.62%
ENVX F -1.6%
PLUG F -1.54%
REX D -1.45%
FLNC C -1.44%
CTVA C -1.44%
EOSE D -1.42%
BELFB C -1.37%
RIVN F -1.36%
WOLF F -1.33%
CSIQ F -1.3%
THRM D -1.3%
QS F -1.28%
CHPT F -1.25%
RNW D -1.21%
AMRC F -1.13%
SLDP F -1.1%
AMPX C -1.06%
SHLS F -1.06%
FREY B -1.04%
MPWR F -1.01%
LNZA F -1.0%
WBX F -0.85%
PLL C -0.8%
TPIC F -0.77%
RUN F -0.77%
NOVA F -0.48%
BLNK F -0.44%
SOL F -0.43%
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