IBAT vs. PBD ETF Comparison

Comparison of iShares Energy Storage & Materials ETF (IBAT) to PowerShares Global Clean Energy Portfolio (PBD)

IBAT

iShares Energy Storage & Materials ETF

IBAT Description

The index measures the performance of equity securities of companies involved in energy storage solutions aiming to support the transition to a low carbon economy, including hydrogen, fuel cells, and batteries as determined by STOXX Ltd. The fund generally will invest at least 90% of its assets in the component securities of its index and in investments that have economic characteristics that are substantially identical to the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.45

Average Daily Volume

532

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PBD

PowerShares Global Clean Energy Portfolio

PBD Description

The PowerShares Global Clean Energy Portfolio (Fund) is based on the WilderHill New Energy Global Innovation Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index seeks to deliver capital appreciation and is composed of companies that focus on greener and generally renewable sources of energy and technologies facilitating cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$13.34

Average Daily Volume

28,479

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	IBAT	PBD
30 Days	4.15%	0.15%
60 Days	0.68%	-5.13%
90 Days	1.82%	-4.04%
12 Months		-17.84%

7 Overlapping Holdings

Symbol	Grade	Weight in IBAT	Weight in PBD	Overlap
BE	F	1.0%	0.86%	0.86%
CHPT	F	1.0%	0.87%	0.87%
ENPH	D	1.0%	0.89%	0.89%
FCEL	F	1.0%	0.81%	0.81%
PLUG	F	1.0%	0.76%	0.76%
QS	F	1.0%	0.88%	0.88%
SEDG	F	1.0%	0.82%	0.82%

IBAT Overweight 7 Positions Relative to PBD

Symbol	Grade	Weight
LIN	B	1.0%
ETN	C	1.0%
ENS	D	1.0%
DOW	F	1.0%
APD	B	1.0%
STEM	F	1.0%
FLNC	C	1.0%

IBAT Underweight 27 Positions Relative to PBD

Symbol	Grade	Weight
NOVA	C	-1.27%
EOSE	B	-1.2%
XPEV	D	-1.14%
LCID	C	-1.11%
SHLS	D	-1.06%
NIO	C	-1.02%
RENB	F	-1.01%
ARRY	F	-0.98%
HASI	B	-0.97%
AMRC	C	-0.97%
TPIC	D	-0.94%
ITRI	C	-0.93%
OLED	C	-0.92%
BLBD	C	-0.92%
RUN	C	-0.92%
HUBB	B	-0.91%
SQM	D	-0.91%
ORA	C	-0.91%
RIVN	F	-0.89%
DAR	F	-0.88%
FSLR	D	-0.87%
ATKR	F	-0.85%
JKS	D	-0.83%
ACHR	F	-0.83%
CSIQ	F	-0.78%
CNM	F	-0.71%
WOLF	F	-0.66%