PBD vs. RNEW ETF Comparison
Comparison of PowerShares Global Clean Energy Portfolio (PBD) to VanEck Green Infrastructure ETF (RNEW)
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
$12.55
Average Daily Volume
28,246
34
RNEW
VanEck Green Infrastructure ETF
RNEW Description
The fund normally invests at least 80% of its total assets in securities of Green Infrastructure Companies. The index is a U.S. index that tracks the performance of Green Infrastructure Companies. "Green Infrastructure Companies" are companies that seek to positively impact the environment through the production, transmission, or distribution of green energy and/or through the establishment of sustainable infrastructure to facilitate the use of green energy. The fund is non-diversified.Grade (RS Rating)
Last Trade
$24.69
Average Daily Volume
131
41
Performance
Period | PBD | RNEW |
---|---|---|
30 Days | -8.26% | -0.16% |
60 Days | -0.11% | 2.58% |
90 Days | -2.27% | 2.44% |
12 Months | -7.81% | 15.02% |
15 Overlapping Holdings
Symbol | Grade | Weight in PBD | Weight in RNEW | Overlap | |
---|---|---|---|---|---|
AMRC | D | 0.99% | 0.57% | 0.57% | |
ARRY | F | 0.88% | 0.54% | 0.54% | |
BE | D | 0.78% | 1.19% | 0.78% | |
CHPT | F | 0.65% | 0.28% | 0.28% | |
ENPH | F | 0.65% | 3.24% | 0.65% | |
FCEL | F | 0.68% | 0.09% | 0.09% | |
FSLR | F | 0.79% | 3.39% | 0.79% | |
ITRI | A | 0.99% | 2.79% | 0.99% | |
LCID | F | 0.68% | 2.78% | 0.68% | |
NOVA | F | 0.59% | 0.41% | 0.41% | |
ORA | A | 1.01% | 2.6% | 1.01% | |
PLUG | F | 0.88% | 0.79% | 0.79% | |
RIVN | F | 0.7% | 4.5% | 0.7% | |
RUN | F | 0.67% | 1.74% | 0.67% | |
SHLS | D | 0.92% | 0.5% | 0.5% |
PBD Overweight 19 Positions Relative to RNEW
PBD Underweight 26 Positions Relative to RNEW
Symbol | Grade | Weight | |
---|---|---|---|
TSLA | A | -7.4% | |
LNG | A | -6.34% | |
PWR | A | -5.72% | |
WM | B | -5.64% | |
RSG | B | -5.55% | |
CLH | B | -5.47% | |
ECL | D | -5.33% | |
DCI | A | -4.8% | |
BWA | C | -4.17% | |
SRCL | A | -3.11% | |
CWST | C | -3.04% | |
IDA | A | -2.86% | |
SWX | B | -2.86% | |
NWE | D | -1.78% | |
CWEN | D | -1.27% | |
NEP | F | -0.99% | |
NFE | F | -0.94% | |
SPH | B | -0.65% | |
ERII | A | -0.56% | |
MEG | F | -0.49% | |
REX | C | -0.43% | |
GPRE | F | -0.43% | |
MNTK | C | -0.43% | |
CLNE | C | -0.34% | |
AMPS | D | -0.3% | |
SES | F | -0.08% |
PBD: Top Represented Industries & Keywords
RNEW: Top Represented Industries & Keywords