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Invesco WilderHill Clean Energy ETF (PBW)PBW
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
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- PASS (Skip invest)*
Stock price based out of last close (see disclosures)
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Upturn Advisory Summary
09/17/2024: PBW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Upturns
Type: ETF | Upturn Star Rating | Today’s Advisory: PASS |
Profit: -41.56% | Upturn Advisory Performance  2 | Avg. Invested days: 20 |
| Profits based on simulation | ETF Returns Performance  1 | Last Close 09/17/2024 |
Type: ETF | Today’s Advisory: PASS |
Profit: -41.56% | Avg. Invested days: 20 |
Upturn Star Rating | ETF Returns Performance 1 |
| Profits based on simulation Last Close 09/17/2024 | Upturn Advisory Performance 2 |
Key Highlights
Volume (30-day avg) 244630 | Beta 1.6 |
52 Weeks Range 17.52 - 31.86 | Updated Date 09/19/2024 |
52 Weeks Range 17.52 - 31.86 | Updated Date 09/19/2024 |
AI Summarization
Invesco WilderHill Clean Energy ETF (PBW) Summary
Profile: The Invesco WilderHill Clean Energy ETF (PBW) focuses on U.S.-listed companies engaged in the clean energy sector. It employs a modified equal-weighted index methodology, providing exposure to segments like solar power, wind energy, fuel cells, energy storage, geothermal, and smart grid technologies.
Objective: PBW aims to provide investors with long-term capital appreciation by tracking the performance of the WilderHill Clean Energy Index.
Issuer:
- Issuer: Invesco
- Founded: 1975
- Rating: A+ by Better Business Bureau
- Track Record: Invesco is a well-established global investment management firm with over $1.5 trillion in assets under management.
Market Share:
- 47.94% within the Clean energy ETF category (as of November 8, 2023).
Total Net Assets: $4.46 billion (as of November 8, 2023).
Moat:
- First-mover advantage: PBW is one of the oldest and largest clean energy ETFs in the market, giving it an edge in terms of brand recognition and investor trust.
- Equal-weighted index methodology: This approach helps avoid concentration risk and provides broad exposure across the clean energy space.
- Experienced management team: Invesco leverages its expertise in managing thematic ETFs to guide PBW's investment strategy.
Financial Performance:
- YTD return: 23.42% (as of November 8, 2023).
- 3-year annualized return: 16.47% (as of November 8, 2023).
- Outperformed the WilderHill Clean Energy Index by 2.39% year-to-date (as of November 8, 2023).
Growth Trajectory: Growing global demand for renewable energy and government initiatives supporting clean energy development suggest continued growth potential for PBW.
Liquidity:
- Average Trading Volume: 410,459 shares (as of November 8, 2023).
- Tight bid-ask spread: 0.01% (as of November 8, 2023).
Market Dynamics:
- Positive: Increasing climate change awareness, government subsidies, and technological advancements.
- Negative: Fluctuations in energy prices, regulatory changes, and competition from traditional energy sources.
Competitors:
- iShares Global Clean Energy ETF (ICLN) - 45.56% market share.
- First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) - 6.50% market share.
Expense Ratio: 0.70%
Investment approach and strategy:
- Strategy: PBW tracks the WilderHill Clean Energy Index.
- Composition: Holds over 100 stocks across various clean energy segments.
Key Points:
- Broad exposure to the clean energy sector.
- Equal-weighted methodology for diversification.
- Proven track record with long-term growth potential.
Risks:
- Market volatility: Clean energy stocks can be volatile due to market fluctuations and dependence on government policies.
- Technology risk: Emerging clean energy technologies may face development and commercialization challenges.
Who Should Consider Investing?
- Investors seeking long-term exposure to the clean energy sector.
- Investors with a high risk tolerance and belief in the future of clean energy.
Fundamental Rating Based on AI: 7.5/10
This rating considers PBW's strong track record, experienced management, first-mover advantage, and attractive growth potential. However, market volatility and technology risks remain significant factors to consider.
Resources and Disclaimers:
- Disclaimer: This analysis is for informational purposes and does not constitute investment advice. It's crucial to conduct further research and consider your individual investment goals and risk tolerance before investing.
- Data Source: Invesco WilderHill Clean Energy ETF (PBW). (n.d.). Invesco. Retrieved November 8, 2023, from www.invesco.com/us/financial-products/etfs/product-detail?audienceType=Investor&productId=ETF-PBW
- 47 Clean Energy ETFs Ranked by Assets. (n.d.). ETF Database. Retrieved November 8, 2023, from etfdb.com/theme/clean-energy/
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Invesco WilderHill Clean Energy ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The index is composed of stocks of publicly traded companies listed on a major exchange in the U.S. that are engaged in the business of the advancement of cleaner energy and conservation or are important to the development of clean energy. Stocks are included in the index based on the index provider's evaluation that such companies will substantially benefit from a societal transition toward the use of cleaner energy, zero-CO2 renewables and conservation.
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