PBD vs. ACES ETF Comparison
Comparison of PowerShares Global Clean Energy Portfolio (PBD) to ALPS Clean Energy ETF (ACES)
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
$11.79
Average Daily Volume
38,112
33
ACES
ALPS Clean Energy ETF
ACES Description
The investment seeks investment results that correspond (before fees and expenses) generally to the performance of its underlying index, the CIBC Atlas Clean Energy Index (ticker symbol NACEX) (the "underlying index"). The fund will invest at least 80% of its net assets in securities that comprise the underlying index. The underlying index utilizes a rules-based methodology developed by CIBC National Trust Company (the "index provider"), which is designed to provide exposure to a diverse set of U.S. and Canadian companies involved in the clean energy sector including renewables and clean technology. The fund is non-diversified.Grade (RS Rating)
Last Trade
$26.84
Average Daily Volume
125,147
28
Performance
Period | PBD | ACES |
---|---|---|
30 Days | -9.31% | -4.62% |
60 Days | -12.07% | -6.28% |
90 Days | -13.65% | -8.93% |
12 Months | -16.16% | -11.10% |
17 Overlapping Holdings
Symbol | Grade | Weight in PBD | Weight in ACES | Overlap | |
---|---|---|---|---|---|
AMRC | F | 0.97% | 1.03% | 0.97% | |
ARRY | F | 1.19% | 1.16% | 1.16% | |
CHPT | F | 0.64% | 0.54% | 0.54% | |
DAR | C | 1.03% | 5.74% | 1.03% | |
ENPH | F | 0.56% | 2.74% | 0.56% | |
EOSE | D | 1.21% | 0.61% | 0.61% | |
FSLR | F | 0.86% | 4.32% | 0.86% | |
HASI | D | 0.9% | 3.76% | 0.9% | |
ITRI | C | 1.24% | 6.19% | 1.24% | |
LCID | F | 0.66% | 2.35% | 0.66% | |
NOVA | F | 0.49% | 0.5% | 0.49% | |
ORA | B | 1.1% | 5.4% | 1.1% | |
PLUG | F | 0.95% | 2.01% | 0.95% | |
RIVN | F | 0.77% | 3.95% | 0.77% | |
RUN | F | 0.57% | 2.56% | 0.57% | |
SHLS | F | 1.0% | 1.0% | 1.0% | |
WOLF | F | 0.59% | 1.28% | 0.59% |
PBD: Top Represented Industries & Keywords
ACES: Top Represented Industries & Keywords