PBW vs. GCLN ETF Comparison

Comparison of PowerShares WilderHill Clean Energy Portfolio (PBW) to Goldman Sachs Bloomberg Clean Energy Equity ETF (GCLN)

PBW

PowerShares WilderHill Clean Energy Portfolio

PBW Description

The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$20.63

Average Daily Volume

334,711

Number of Holdings ^*

54

* may have additional holdings in another (foreign) market

GCLN

Goldman Sachs Bloomberg Clean Energy Equity ETF

GCLN Description

Goldman Sachs Bloomberg Clean Energy Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in public equity markets of global region. It invests in stocks of companies operating across clean energy including independent power and renewable electricity producers, renewable electricity, electric power by solar energy, electric power by wind energy, clean energy including clean power infrastructure, energy storage, hydrogen energy, energy digitalization and bioenergy sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. It invests in stocks of companies that are deemed socially conscious in their business dealings and directly promote environmental responsibility. The fund seeks to track the performance of the Bloomberg Goldman Sachs Global Clean Energy Index, by using full replication technique. Goldman Sachs Bloomberg Clean Energy Equity ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$36.82

Average Daily Volume

221

Number of Holdings ^*

56

* may have additional holdings in another (foreign) market

Performance

Period	PBW	GCLN
30 Days	4.09%	-0.32%
60 Days	7.90%	-1.09%
90 Days	3.53%	2.91%
12 Months	-19.63%	14.33%

17 Overlapping Holdings

	Symbol	Grade	Weight in PBW	Weight in GCLN	Overlap
	AMRC	F	1.13%	0.06%	0.06%
	ARRY	C	1.63%	0.06%	0.06%
	BE	B	3.13%	0.32%	0.32%
	ENPH	F	0.81%	0.56%	0.56%
	ENVX	F	1.6%	0.08%	0.08%
	FLNC	C	1.44%	0.09%	0.09%
	FSLR	F	1.34%	1.24%	1.24%
	ITRI	B	1.65%	0.36%	0.36%
	NOVA	F	0.48%	0.03%	0.03%
	ORA	B	1.73%	0.31%	0.31%
	PLUG	F	1.54%	0.1%	0.1%
	PWR	A	1.73%	1.83%	1.73%
	QS	F	1.28%	0.11%	0.11%
	RUN	F	0.77%	0.15%	0.15%
	SEDG	F	0.8%	0.04%	0.04%
	TSLA	B	2.25%	7.38%	2.25%
	WOLF	F	1.33%	0.03%	0.03%

PBW Overweight 37 Positions Relative to GCLN

	Symbol	Grade	Weight
	ACHR	B	2.16%
	XPEV	C	2.14%
	MYRG	B	2.12%
	AMSC	B	2.12%
	MP	B	1.98%
	ALB	C	1.91%
	SLI	D	1.87%
	AMPS	C	1.79%
	JKS	F	1.76%
	ESE	B	1.74%
	DAR	C	1.69%
	PLPC	B	1.67%
	SQM	F	1.66%
	JOBY	B	1.63%
	AEIS	B	1.62%
	REX	D	1.45%
	CTVA	C	1.44%
	EOSE	D	1.42%
	NIO	F	1.4%
	BELFB	C	1.37%
	RIVN	F	1.36%
	CSIQ	F	1.3%
	THRM	D	1.3%
	CHPT	F	1.25%
	RNW	D	1.21%
	OLED	D	1.2%
	SLDP	F	1.1%
	AMPX	C	1.06%
	SHLS	F	1.06%
	FREY	B	1.04%
	MPWR	F	1.01%
	LNZA	F	1.0%
	WBX	F	0.85%
	PLL	C	0.8%
	TPIC	F	0.77%
	BLNK	F	0.44%
	SOL	F	0.43%

PBW Underweight 39 Positions Relative to GCLN

	Symbol	Grade	Weight
	NEE	D	-4.71%
	PEG	A	-3.1%
	DUK	C	-2.47%
	EIX	B	-2.26%
	SRE	A	-2.21%
	AEP	D	-1.92%
	D	C	-1.8%
	PCG	A	-1.62%
	XEL	A	-1.46%
	EXC	C	-1.45%
	ED	D	-1.25%
	ETR	B	-1.19%
	GE	D	-1.01%
	SO	D	-0.98%
	ABBV	D	-0.97%
	AEE	A	-0.92%
	ES	D	-0.8%
	LNT	A	-0.6%
	WEC	A	-0.53%
	ON	D	-0.49%
	GNRC	B	-0.4%
	EME	C	-0.4%
	DTE	C	-0.38%
	CNP	B	-0.34%
	AES	F	-0.34%
	CMS	C	-0.34%
	MTZ	B	-0.33%
	NRG	B	-0.33%
	AVA	A	-0.2%
	KEP	B	-0.17%
	CWEN	C	-0.16%
	MGEE	C	-0.14%
	NWE	B	-0.13%
	TAC	B	-0.11%
	VMI	B	-0.11%
	AGR	B	-0.09%
	OTTR	C	-0.06%
	GPRE	F	-0.05%
	CSAN	F	-0.04%

PBW: Top Represented Industries & Keywords

Industries: Solar Electronic Components Auto Manufacturers Electrical Equipment & Parts Engineering & Construction Utilities - Renewable Auto Parts Chemicals Other Industrial Metals & Mining Scientific & Technical Instruments Semiconductor Equipment & Materials Semiconductors Utilities - Independent Power Producers Waste Management Aerospace & Defense Agricultural Inputs Airports & Air Services Business Services Conglomerates Diversified Industrials

Keywords: Electric Vehicle Photovoltaics Energy Conversion Renewable Energy Lithium Solar Power S&P 500 Solar Energy Transport Electricity Energy Storage Photovoltaic System Solar Panel Alternative Energy Electric Power Aerospace Cars Charging Station Electric Battery Electromagnetism

GCLN: Top Represented Industries & Keywords

Industries: Utilities - Regulated Electric Utilities - Diversified Engineering & Construction Solar Utilities - Independent Power Producers Electronic Components Semiconductors Auto Manufacturers Auto Parts Diversified Industrials Drug Manufacturers - Major Electrical Equipment & Parts Metal Fabrication Oil & Gas Refining & Marketing Scientific & Technical Instruments Semiconductor Equipment & Materials Specialty Chemicals Specialty Industrial Machinery Utilities - Regulated Gas Utilities - Renewable

Keywords: Electricity S&P 500 Natural Gas Renewable Energy Electric Utility Natural Gas Distribution Energy Conversion Nasdaq 100 Natural Gas Storage Public Utility Solar Energy Biomass Electric Power Electricity Generation Electromagnetism Gas Transmission Natural Gas Transmission Photovoltaic System Photovoltaics Sempra Energy