PBD vs. IBAT ETF Comparison

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

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

$14.08

Average Daily Volume

31,833

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$25.93

Average Daily Volume

359

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PBD	IBAT
30 Days	5.63%	7.88%
60 Days	3.21%	8.97%
90 Days	4.69%	10.38%
12 Months	-5.64%

7 Overlapping Holdings

Symbol	Grade	Weight in PBD	Weight in IBAT	Overlap
BE	F	0.81%	1.36%	0.81%
CHPT	F	0.68%	0.33%	0.33%
ENPH	D	0.88%	4.92%	0.88%
FCEL	F	0.83%	0.13%	0.13%
PLUG	F	0.82%	0.94%	0.82%
QS	F	0.89%	1.23%	0.89%
SEDG	F	0.74%	0.71%	0.71%

PBD Overweight 27 Positions Relative to IBAT

Symbol	Grade	Weight
XPEV	C	1.26%
NIO	C	1.23%
NOVA	D	1.18%
AMRC	B	1.15%
EOSE	C	1.14%
SHLS	F	1.03%
TPIC	C	1.02%
OLED	D	1.01%
BLBD	D	1.0%
HASI	C	1.0%
HUBB	B	1.0%
ITRI	C	0.99%
LCID	C	0.98%
RENB	F	0.95%
FSLR	C	0.94%
ORA	B	0.92%
JKS	C	0.92%
SQM	D	0.89%
ARRY	F	0.88%
RUN	D	0.86%
CSIQ	D	0.85%
ATKR	F	0.83%
DAR	F	0.8%
CNM	F	0.76%
RIVN	F	0.76%
ACHR	F	0.73%
WOLF	F	0.55%

PBD Underweight 9 Positions Relative to IBAT

Symbol	Grade	Weight
APD	B	-6.03%
ETN	C	-3.15%
LIN	B	-2.94%
ENS	C	-2.52%
DOW	C	-1.32%
FLNC	C	-0.87%
NOK	B	-0.0%
HKD	C	-0.0%
CNH	C	-0.0%