Is PBW a good investment?

Invesco WilderHill Clean Energy ETF (PBW) is a clean-energy ETF. As of September 11, 2026, ETF Copilot scores PBW 3.7 out of 10 — highest on Growth (9.3), lowest on Quality (0.2). It trades at 18.3 times earnings, against its own median of 17.8. Its ten largest holdings are 21% of the fund.

Updated September 11, 2026

How is PBW rated? ETF Copilot scores Invesco WilderHill Clean Energy ETF (PBW) 3.7 out of 10

As of September 11, 2026, ETF Copilot scores Invesco WilderHill Clean Energy ETF (PBW) 3.7 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 3.7 / 10
Growth: 9.3 / 10
Valuation: 5.9 / 10
Risk: 0.3 / 10
Quality: 0.2 / 10
Return: 1.3 / 10

What is PBW's expense ratio? 0.63% a year

As of September 11, 2026, PBW charges 0.63% a year, yields 0.55% and holds $399M in assets across 71 positions.

Invesco WilderHill Clean Energy ETF (PBW) — cost, income and size
Measure	PBW
Expense ratio	0.63%
Dividend yield	0.55%
Assets under management	$399M
Holdings	71

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in PBW's data

U.S. clean energy innovators, from solar to fuel cells.

Earns less on its operations than most clean-energy peers — a reminder that innovation often comes before profit.

EBITDA margin of 13.0% trails the category median of 22.9%, and its 71 holdings keep the portfolio concentrated.

A speculative allocation to early-stage clean energy, where profits remain years away.

Why did PBW move this week? It fell 1.4% in the week to September 11, 2026 — Sigma Lithium and Sociedad Quimica y Minera de Chile drove it

PBW fell 1.4% in the week to September 11, 2026. The holdings that moved it most were Sigma Lithium (−25.0%), Sociedad Quimica y Minera de Chile (−12.4%) and Lithium Argentina (−14.2%); Bloom Energy (+17.1%) pushed the other way.

Is PBW expensive right now? It trades at 18.3 times earnings, against its own median of 17.8

As of September 11, 2026, PBW is more expensive than 56% of its own 114 monthly readings since 2017 — 64 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside PBW? 13% Tech

What's inside PBW: Size (Large 6%, Mid 27%, Small 67%); Geography (International 24%, US 76%); Tech 12.8%; Magnificent 7 1.7%; Semiconductors 4.0%.

What are PBW's top holdings? The ten largest are 21% of the fund

Beta Technologies, Darling Ingredients, Cadeler A/S, Itron, Gevo, Gentherm, Rivian Automotive, Opal Fuels, Archer Aviation and Preformed Line Products are PBW's largest holdings, in that order.

Less concentrated than 88% of Clean Energy ETFs.

Half of PBW's weight sits in its 28 largest positions, and once those weights are taken into account it behaves like 65 equally weighted holdings.

Cite this

ETF Copilot, “Invesco WilderHill Clean Energy ETF (PBW) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/pbw