Invesco WilderHill Clean Energy ETF (PBW) Holdings
PBW holdings summary
as of Oct 25, 2026- Holdings
- 72 positions listed
- Top 10 weight
- 18.9% of net assets
- Effective holdings
- 68 equal-weight equivalent
- Largest holding
- NXT 2.12% Nextracker Inc.
- Annual turnover
- 0.0% of the portfolio traded
All PBW holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | NXT | Nextracker Inc. | Technology | 2.12% | $6.0M | $12.30B | 20.7 |
| 2 | CDLR | Cadeler A/S | Industrials | 2.12% | $6.0M | $2.10B | 8.6 |
| 3 | ORA | Ormat Technologies, Inc. | Utilities | 1.99% | $5.7M | $5.49B | 43.8 |
| 4 | FSLR | First Solar, Inc. | Technology | 1.91% | $5.4M | $18.55B | 10.6 |
| 5 | OLED | Universal Display Corporation | Technology | 1.89% | $5.4M | $3.58B | 18.8 |
| 6 | ASPN | Aspen Aerogels, Inc. | Basic Materials | 1.80% | $5.1M | $430.7M | — |
| 7 | TSLA | Tesla, Inc. | Consumer Cyclical | 1.78% | $5.1M | $1.40T | 328.4 |
| 8 | ARRY | Array Technologies, Inc. | Technology | 1.78% | $5.0M | $527.6M | — |
| 9 | BEPC | Brookfield Renewable Corporation | Utilities | 1.76% | $5.0M | $5.32B | — |
| 10 | CSIQ | Canadian Solar Inc. | Technology | 1.74% | $4.9M | $666.1M | — |
| 11 | JKS | JinkoSolar Holding Co., Ltd. | Technology | 1.73% | $4.9M | $425.2M | — |
| 12 | ENPH | Enphase Energy, Inc. | Technology | 1.70% | $4.8M | $4.05B | 30.6 |
| 13 | SEDG | SolarEdge Technologies, Inc. | Technology | 1.68% | $4.8M | $1.93B | — |
| 14 | REX | REX American Resources Corporation | Basic Materials | 1.65% | $4.7M | $1.38B | 11.4 |
| 15 | ENVX | Enovix Corporation | Industrials | 1.63% | $4.6M | $546.4M | — |
| 16 | SHLS | Shoals Technologies Group, Inc. | Technology | 1.63% | $4.6M | $1.21B | 37.7 |
| 17 | LZM | Lifezone Metals Limited | Basic Materials | 1.59% | $4.5M | $275.1M | — |
| 18 | DAR | Darling Ingredients Inc. | Consumer Defensive | 1.59% | $4.5M | $9.68B | 16.5 |
| 19 | BETA | Beta Technologies, Inc. | Industrials | 1.58% | $4.5M | $4.22B | — |
| 20 | ESE | ESCO Technologies Inc. | Technology | 1.57% | $4.5M | $6.45B | 46.2 |
| 21 | ITRI | Itron, Inc. | Technology | 1.56% | $4.4M | $3.64B | 13.9 |
| 22 | NIO | NIO Inc. | Consumer Cyclical | 1.54% | $4.4M | $8.59B | — |
| 23 | RUN | Sunrun Inc. | Technology | 1.52% | $4.3M | $1.76B | 4.9 |
| 24 | PWR | Quanta Services, Inc. | Industrials | 1.51% | $4.3M | $95.00B | 72.4 |
| 25 | ALB | Albemarle Corporation | Basic Materials | 1.48% | $4.2M | $11.27B | 353.6 |
| 26 | XPEV | XPeng Inc. | Consumer Cyclical | 1.46% | $4.2M | $8.84B | — |
| 27 | BELFB | Bel Fuse Inc. | Technology | 1.44% | $4.1M | $3.00B | 50.8 |
| 28 | MYRG | MYR Group Inc. | Industrials | 1.44% | $4.1M | $4.36B | 26.6 |
| 29 | THRM | Gentherm Incorporated | Consumer Cyclical | 1.44% | $4.1M | $1.58B | 33.8 |
| 30 | QS | QuantumScape Corporation | Consumer Cyclical | 1.43% | $4.1M | $2.48B | — |
| 31 | AEIS | Advanced Energy Industries, Inc. | Industrials | 1.41% | $4.0M | $9.53B | 44.1 |
| 32 | AMPX | Amprius Technologies, Inc. | Industrials | 1.41% | $4.0M | $1.13B | — |
| 33 | MWH | SOLV Energy, Inc. | Utilities | 1.41% | $4.0M | $4.85B | 54.5 |
| 34 | AMSC | American Superconductor Corporation | Industrials | 1.40% | $4.0M | $1.24B | 8.6 |
| 35 | POWL | Powell Industries, Inc. | Industrials | 1.40% | $4.0M | $6.02B | 31.6 |
| 36 | WOLF | Wolfspeed, Inc. | Technology | 1.40% | $4.0M | $1.23B | — |
| 37 | MPWR | Monolithic Power Systems, Inc. | Technology | 1.39% | $3.9M | $59.51B | 73.7 |
| 38 | SLDP | Solid Power, Inc. | Consumer Cyclical | 1.38% | $3.9M | $458.6M | — |
| 39 | DMYI | dMY Technology Group Inc. III | Financial Services | 1.37% | $3.9M | — | — |
| 40 | GEVO | Gevo, Inc. | Basic Materials | 1.37% | $3.9M | $289.3M | — |
| 41 | OPAL | OPAL Fuels Inc. | Industrials | 1.36% | $3.9M | $272.5M | — |
| 42 | SQM | Sociedad Química y Minera de Chile S.A. | Basic Materials | 1.36% | $3.9M | $17.20B | 12.4 |
| 43 | RIVN | Rivian Automotive, Inc. | Consumer Cyclical | 1.34% | $3.8M | $17.98B | — |
| 44 | FLNC | Fluence Energy, Inc. | Utilities | 1.33% | $3.8M | $1.13B | — |
| 45 | IONR | ioneer Ltd | Basic Materials | 1.33% | $3.8M | $221.3M | — |
| 46 | PLPC | Preformed Line Products Company | Industrials | 1.32% | $3.8M | $1.73B | 39.8 |
| 47 | BE | Bloom Energy Corporation | Industrials | 1.32% | $3.8M | $65.18B | 291.2 |
| 48 | MP | MP Materials Corp. | Basic Materials | 1.31% | $3.7M | $7.15B | — |
| 49 | AMRC | Ameresco, Inc. | Industrials | 1.28% | $3.6M | $1.03B | 36.8 |
| 50 | LAR | Lithium Argentina AG | Basic Materials | 1.28% | $3.6M | $759.8M | — |
| 51 | JOBY | Joby Aviation, Inc. | Industrials | 1.28% | $3.6M | $4.64B | — |
| 52 | SGMA | Sigma Lithium Resources Corp | Basic Materials | 1.27% | $3.6M | — | — |
| 53 | LAC | Lithium Americas Corp | Basic Materials | 1.26% | $3.6M | — | — |
| 54 | BLDP | Ballard Power Systems Inc | Industrials | 1.24% | $3.5M | — | — |
| 55 | ACHR | Archer Aviation Inc. | Industrials | 1.22% | $3.5M | $3.13B | — |
| 56 | QBTS | D-Wave Quantum Inc. | Technology | 1.21% | $3.4M | $4.47B | — |
| 57 | FAC | Factorial Energy Inc. | Industrials | 1.19% | $3.4M | $511.3M | — |
| 58 | FREY | FREYR Battery SA | Industrials | 1.17% | $3.3M | — | — |
| 59 | LOKB | Live Oak Acquisition Corp. II | Financial Services | 1.17% | $3.3M | — | — |
| 60 | CLII | Climate Change Crisis Real Impact I Acquisition Corporation | Financial Services | 1.15% | $3.3M | — | — |
| 61 | SHLL | Tortoise Acquisition Corp | Financial Services | 1.15% | $3.3M | — | — |
| 62 | FCEL | FuelCell Energy, Inc. | Industrials | 1.14% | $3.2M | $1.04B | — |
| 63 | PLUG | Plug Power Inc. | Industrials | 1.14% | $3.2M | $1.93B | — |
| 64 | SLL | Standard Lithium Ltd | Basic Materials | 1.08% | $3.1M | — | — |
| 65 | USAR | USA Rare Earth, Inc. | Basic Materials | 1.03% | $2.9M | $3.95B | — |
| 66 | NRGV | Energy Vault Holdings, Inc. | Utilities | 0.91% | $2.6M | $516.4M | — |
| 67 | XNDU | Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares | Technology | 0.83% | $2.4M | $925.4M | — |
| 68 | FRVO | Fervo Energy Company | Utilities | 0.83% | $2.3M | $2.85B | — |
| 69 | EOSE | Eos Energy Enterprises, Inc. | Industrials | 0.75% | $2.1M | $658.3M | — |
| 70 | TYGO | Tigo Energy, Inc. | Technology | 0.64% | $1.8M | $63.3M | 4.9 |
| 71 | TOYO | TOYO Co., Ltd | Technology | 0.54% | $1.5M | $170.9M | 1.8 |
| 72 | NIU | Niu Technologies | Consumer Cyclical | 0.54% | $1.5M | $149.8M | — |
Weights as a percentage of net assets. Value held = weight × net assets ($284.0M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
PBW sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Industrials | 28.3% | 21 | CDLR, ENVX, BETA |
| Technology | 28.3% | 19 | NXT, FSLR, OLED |
| Basic Materials | 17.8% | 13 | ASPN, REX, LZM |
| Consumer Cyclical | 10.9% | 8 | TSLA, NIO, XPEV |
| Utilities | 8.2% | 6 | ORA, BEPC, MWH |
| Financial Services | 4.8% | 4 | DMYI, LOKB, CLII |
| Consumer Defensive | 1.6% | 1 | DAR |
Sum of the weights of the holdings in each sector.
PBW top industries
PBW overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| QQQ | Invesco QQQ ETF | 2.0% | 2 of 101 | 0.17% |
| SPY | SPDR S&P 500 ETF | 2.0% | 6 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 1.9% | 51 of 2,941 | 0.03% |
| IWM | iShares Russell 2000 ETF | 1.8% | 34 of 1,962 | 0.19% |
| VXUS | Vanguard Total International Stock ETF | 0.1% | 4 of 8,035 | 0.05% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the PBW portfolio
Invesco WilderHill Clean Energy ETF holds 72 positions. The ten largest make up 18.9% of the fund and the top 50 77.2%, so it behaves like a portfolio of about 68 equally weighted stocks. The biggest positions are Nextracker Inc. (2.12%), Cadeler A/S (2.12%), Ormat Technologies, Inc. (1.99%), First Solar, Inc. (1.91%), Universal Display Corporation (1.89%).
By sector, Industrials is 28.3%, Technology is 28.3%, Basic Materials is 17.8%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: PBW chart, PBW performance, PBW dividends, PBW overview.
PBW holdings FAQ
How many holdings does PBW have?
PBW holds 72 positions as of October 25, 2026.
What are the top 10 holdings of PBW?
The ten largest holdings are Nextracker Inc. (2.12%), Cadeler A/S (2.12%), Ormat Technologies, Inc. (1.99%), First Solar, Inc. (1.91%), Universal Display Corporation (1.89%), Aspen Aerogels, Inc. (1.80%), Tesla, Inc. (1.78%), Array Technologies, Inc. (1.78%), Brookfield Renewable Corporation (1.76%), Canadian Solar Inc. (1.74%). Together they are 18.9% of the fund.
What percentage of PBW is Nextracker Inc.?
Nextracker Inc. is the largest holding at 2.12% of net assets, about $6.0M of the fund's $284.0M.
Which sector is the largest in PBW?
Industrials is the largest sector at 28.3%, followed by Technology (28.3%) and Basic Materials (17.8%), based on the sectors of the individual holdings.
How concentrated is PBW?
The top 10 holdings are 18.9% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) PBW behaves like a portfolio of about 68 equally weighted stocks.