Invesco Global Clean Energy ETF (PBD) Performance
PBD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −5.1% since Dec 31, 2025
- 1 year
- −4.8% total return
- 5 years
- −10.4% a year
- 10 years
- +5.4% a year
- Since first price
- −1.2% a year since 2007
PBD trailing returns vs SPY, QQQ, AGG
| Period | PBD total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −10.9% | −10.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −15.8% | −16.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −23.8% | −24.4% | +7.8% | +8.4% | −1.5% |
| YTD | −5.1% | −5.9% | +12.3% | +15.1% | −1.0% |
| 1 year | −4.8% | −6.2% | +14.4% | +15.9% | −1.1% |
| 3 years | +20.0%+6.3%/yr | +11.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | −42.3%−10.4%/yr | −48.5% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +68.8%+5.4%/yr | +39.4% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| 15 years | +114.9%+5.2%/yr | +64.8% | +696.0%+14.8%/yr | +1,299.3%+19.2%/yr | +32.2%+1.9%/yr |
| Since inceptionJun 13, 2007 | −20.6%−1.2%/yr | −39.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PBD vs SPY
From Jun 13, 2007: PBD grew to $7,936, SPY to $71,438.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PBD returns by calendar year
7 of 18 full years positive. Best 2020 (+145.4%), worst 2008 (−60.0%). 2026 is year to date.
PBD annual returns table
| Year | PBD | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −5.1% | −32.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +43.6% | −24.4% | +17.7% | +20.8% | +7.2% |
| 2024 | −26.4% | −26.2% | +24.9% | +25.6% | +1.3% |
| 2023 | −10.7% | −38.0% | +26.2% | +54.9% | +5.7% |
| 2022 | −29.7% | −34.8% | −18.2% | −32.6% | −13.0% |
| 2021 | −22.3% | −35.9% | +28.7% | +27.4% | −1.8% |
| 2020 | +145.4% | −40.6% | +18.3% | +48.6% | +7.5% |
| 2019 | +40.0% | −7.8% | +31.2% | +39.0% | +8.5% |
| 2018 | −19.3% | −27.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +28.7% | −5.5% | +21.7% | +32.7% | +3.6% |
| 2016 | −7.1% | −17.5% | +12.0% | +7.1% | +2.4% |
| 2015 | +0.3% | −25.3% | +1.2% | +9.4% | +0.5% |
| 2014 | −3.6% | −22.3% | +13.5% | +19.2% | +6.0% |
| 2013 | +54.6% | −11.3% | +32.3% | +36.6% | −2.0% |
| 2012 | −2.0% | −32.0% | +16.0% | +18.1% | +3.8% |
| 2011 | −40.2% | −49.1% | +1.9% | +3.4% | +7.7% |
| 2010 | −16.1% | −33.1% | +15.1% | +19.9% | +6.4% |
| 2009 | +31.8% | −35.1% | +26.4% | +54.7% | +3.0% |
| 2008 | −60.0% | −72.6% | −36.8% | −41.7% | +7.9% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PBD largest drawdowns
Now 58.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 26, 2007 | −78.6% | Jul 24, 2012 | Nov 20, 2020 | 4.6 years | 12.9 years |
| Jan 22, 2021 | −75.4% | Apr 8, 2025 | not yet | 4.2 years | 5.7 years so far |
| Jul 13, 2007 | −16.8% | Aug 16, 2007 | Sep 27, 2007 | 34 days | 2 months |
| Nov 8, 2007 | −13.0% | Nov 21, 2007 | Dec 26, 2007 | 13 days | 48 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PBD risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2007 |
|---|---|---|---|---|
| Annualized return | +5.4% | −7.6% | +6.2% | −0.9% |
| Volatility (annualized) | 26.5% | 30.0% | 28.3% | 29.3% |
| Sharpe ratio | 0.16 | -0.23 | 0.27 | 0.07 |
| Sortino ratio | 0.24 | -0.31 | 0.41 | 0.10 |
| Best month | +16.7% | +16.7% | +31.0% | +31.0% |
| Worst month | −13.3% | −17.4% | −20.8% | −35.0% |
| Best 12 months | +97.8% | +97.8% | +178.4% | +178.4% |
| Worst 12 months | −26.4% | −39.0% | −39.6% | −63.5% |
| Positive months | 50% | 48% | 55% | 52% |
| Beta vs S&P 500 | 1.32 | 1.37 | 1.31 | — |
| Correlation with S&P 500 | 0.62 | 0.72 | 0.71 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PBD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 221 | −63.5% | −3.6% | +178.4% | 45% |
| 3-year (a year) | 197 | −26.4% | +0.9% | +44.1% | 53% |
| 5-year (a year) | 173 | −24.6% | +2.5% | +31.7% | 59% |
| 10-year (a year) | 113 | −7.4% | +3.7% | +14.2% | 75% |
Every holding period starting at a month-end since 2007. Returns for 3 years and longer are annualized.
PBD performance overview
Invesco Global Clean Energy ETF (PBD) returned −4.8% over the past year and +5.4% a year over ten years, with distributions reinvested. Since its first recorded price in 2007 it has returned −1.2% a year, turning $10,000 into about $7,936. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −78.6%, from Dec 26, 2007 to Jul 24, 2012, and it took 8.3 years to get back to the old high. PBD finished 7 of its 18 full calendar years with a gain; the best year was 2020 (+145.4%) and the worst 2008 (−60.0%). Volatility has been 29.3% a year.
Related: PBD chart, PBD holdings, PBD dividends. See the PBD overview for the latest quote and fund facts.
PBD performance FAQ
What is the PBD return over the past year?
PBD returned −4.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.2%.
What is the average annual return of PBD?
PBD has returned −10.4% a year over 5 years, +5.4% a year over 10 years, −1.2% a year since June 13, 2007 (total return, distributions reinvested).
How much would $10,000 invested in PBD be worth?
$10,000 invested in PBD at its first recorded close on June 13, 2007 would be worth about $7,936 on October 23, 2026 with distributions reinvested.
What was the worst year for PBD?
The worst calendar year was 2008, with a total return of −60.0%. The best was 2020 at +145.4%.
What is the biggest drawdown of PBD?
The largest peak-to-trough decline was −78.6% between December 26, 2007 and July 24, 2012. It recovered to the old high on November 20, 2020, 8.3 years after the bottom.
How volatile is PBD?
Over the past 3 years PBD had an annualized volatility of 26.5% and a Sharpe ratio of 0.16 (excess return over 1–3 month T-bills per unit of risk).