PBD vs. CTEC ETF Comparison
Comparison of PowerShares Global Clean Energy Portfolio (PBD) to Global X CleanTech ETF (CTEC)
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
$11.87
Average Daily Volume
38,339
33
CTEC
Global X CleanTech ETF
CTEC Description
The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global CleanTech Index. The fund invests at least 80% of its total assets, plus borrowings for investments purposes, in the securities of the index and in ADRs, GDRs based on the securities in the index. The index is designed to provide exposure to exchange-listed companies that are positioned to benefit from the increased adoption of technologies focused on improving the efficiency of renewable energy production and/or mitigating the adverse environmental effects of resource consumption. It is non-diversified.Grade (RS Rating)
Last Trade
$7.11
Average Daily Volume
14,328
13
Performance
Period | PBD | CTEC |
---|---|---|
30 Days | -7.70% | -2.47% |
60 Days | -11.88% | -11.01% |
90 Days | -13.06% | -10.85% |
12 Months | -15.59% | -26.33% |
11 Overlapping Holdings
Symbol | Grade | Weight in PBD | Weight in CTEC | Overlap | |
---|---|---|---|---|---|
AMRC | F | 0.97% | 1.67% | 0.97% | |
ARRY | C | 1.19% | 1.76% | 1.19% | |
BE | B | 1.13% | 10.25% | 1.13% | |
CSIQ | F | 0.82% | 1.41% | 0.82% | |
ENPH | F | 0.56% | 3.9% | 0.56% | |
FSLR | F | 0.86% | 5.11% | 0.86% | |
JKS | F | 1.13% | 2.16% | 1.13% | |
PLUG | F | 0.95% | 3.07% | 0.95% | |
QS | F | 0.84% | 4.16% | 0.84% | |
SEDG | F | 0.53% | 1.13% | 0.53% | |
SHLS | F | 1.0% | 1.34% | 1.0% |
PBD Overweight 22 Positions Relative to CTEC
PBD: Top Represented Industries & Keywords
CTEC: Top Represented Industries & Keywords