Invesco WilderHill Clean Energy ETF (PBW) is a clean-energy ETF. As of October 28, 2026, ETF Copilot scores PBW 4.0 out of 10 — highest on Value (9.3), lowest on Risk (0.2). It trades at 22.2 times earnings, against its own median of 14.4. Its ten largest holdings are 18% of the fund.
What stands out in PBW's data
U.S. clean energy innovators, from solar to fuel cells.
Analysts see more room to grow than for nearly any clean-energy peer — a bet on future revenue, not current earnings.
Its growth estimate of 32% sits in the top 10% of the category, well above the peer median of 21% and its own historical median of 13%. Holdings: 72.
A speculative allocation to early-stage clean energy, where profits remain years away.
Why did PBW move this week? It rose 1.9% in the week to October 28, 2026 — Enovix and Gentherm drove it
PBW rose 1.9% in the week to October 28, 2026. The holdings that moved it most were Enovix (+38.6%), Gentherm (+16.6%) and Evgo (+15.7%); Enphase Energy (−21.9%) pushed the other way.
How is PBW rated? ETF Copilot scores Invesco WilderHill Clean Energy ETF (PBW) 4.0 out of 10
As of October 28, 2026, ETF Copilot scores Invesco WilderHill Clean Energy ETF (PBW) 4.0 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 4.0 / 10
- Growth: 9.1 / 10
- Value: 9.3 / 10
- Risk: 0.2 / 10
- Quality: 0.2 / 10
- Return: 0.5 / 10
Is PBW expensive right now? It trades at 22.2 times earnings, against its own median of 14.4
As of October 28, 2026, PBW is more expensive than 97% of its own last 3 years.
Trailing 12 months, built from PBW's holdings. How we calculate this →
What's inside PBW? 14% Tech
What's inside PBW: Size (Large 6%, Mid 22%, Small 72%); Geography (International 25%, US 76%); Tech 14.2%; Magnificent 7 1.8%; Semiconductors 6.1%.
What are PBW's top holdings? The ten largest are 18% of the fund
Cadeler A/S, Nextpower, Ormat Technologies, Universal Display, Enovix, Tesla, First Solar, Array Technologies, Canadian Solar and Brookfield Renewable are PBW's largest holdings, in that order.
Less concentrated than 91% of Clean Energy ETFs.
Half of PBW's weight sits in its 31 largest positions, and once those weights are taken into account it behaves like 69 equally weighted holdings.
What is PBW's expense ratio? 0.63% a year
As of October 28, 2026, PBW charges 0.63% a year, yields 2.56% and holds $298M in assets across 72 positions.
| Measure | PBW |
|---|---|
| Expense ratio | 0.63% |
| Dividend yield | 2.56% |
| Assets under management | $298M |
| Holdings | 72 |
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.
Cite this
ETF Copilot, “Invesco WilderHill Clean Energy ETF (PBW) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/pbw
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