PBD: Invesco's Global Clean Energy ETF Offers Reduced Exposure To U.S. Clean Energy Policies
Invesco Global Clean Energy ETF tracks the WilderHill NEX Index, offering global exposure versus PBW's US-centric focus. PBD presents lower short- and medium-term risk and return profiles compared to PBW, due to its broader international diversification. Recent performance shows PBD outperforming the S&P 500 over the past year, though long-term returns have lagged broader equity markets.
Is Invesco Global Clean Energy ETF (PBD) a Strong ETF Right Now?
The Invesco Global Clean Energy ETF (PBD) was launched on 06/13/2007, and is a smart beta exchange traded fund designed to offer broad exposure to the Alternative Energy ETFs category of the market.
PBD: Outperforming U.S.-Only Clean Energy
The Invesco Global Clean Energy ETF offers global exposure to the clean energy sector, covering solar, wind, and hydroelectric power, making it a smart investment choice. PBD follows the WilderHill New Energy Global Innovation Index, providing diversified holdings in companies leading clean energy innovation across North America, Europe, and Asia. The fund's broad approach reduces risks associated with sector-specific downturns, outperforming other ETFs like PBW due to its global diversification.
