ProShares S&P Kensho Cleantech ETF (CTEX) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CTEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CTEX
CTEX charges 0.58% annually. There are 13 ETFs in the Alternative Energy Equities category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 285.99M | Apr 2021 | CTEX vs LCTD | |
| Themes Uranium & Nuclear ETF | 0.35% | — | Sep 2024 | CTEX vs URAN | |
| iShares Global Clean Energy ETF | 0.39% | 2.31B | Jun 2008 | CTEX vs ICLN | |
| Fidelity Clean Energy ETF | 0.39% | 153.82M | Oct 2021 | CTEX vs FRNW | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | CTEX vs HJEN |
Best Risk-Adjusted Alternatives to CTEX
CTEX has a PortfoliosLab risk / return rank of 36. There are 15 ETFs in the Alternative Energy Equities category with higher risk-adjusted ranks, going as high as 83.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Macquarie Energy Transition ETF | 83 | 12.79M | Nov 2023 | CTEX vs PWER | |
| iShares Energy Storage & Materials ETF | 76 | 68.56M | Mar 2024 | CTEX vs IBAT | |
| BlackRock World ex U.S. Carbon Transition Readines... | 60 | 285.99M | Apr 2021 | CTEX vs LCTD | |
| First Trust Global Wind Energy ETF | 52 | 277.74M | Jun 2008 | CTEX vs FAN | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 49 | 11.67B | Nov 2009 | CTEX vs GRID |
Top Performing CTEX Alternatives (YTD)
CTEX is at -4.20% YTD. There are 18 ETFs in the Alternative Energy Equities category with higher YTD returns, going as high as 32.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 32.65% | 68.56M | Mar 2024 | CTEX vs IBAT | |
| Global X Hydrogen ETF | 28.48% | 92.47M | Jul 2021 | CTEX vs HYDR | |
| Macquarie Energy Transition ETF | 20.08% | 12.79M | Nov 2023 | CTEX vs PWER | |
| First Trust NASDAQ Clean Edge Smart Grid Infrastru... | 17.75% | 11.67B | Nov 2009 | CTEX vs GRID | |
| First Trust Global Wind Energy ETF | 16.34% | 277.74M | Jun 2008 | CTEX vs FAN |
Lowest Volatility Alternatives to CTEX
CTEX has 46.84% 1-year volatility. There are 21 ETFs in the Alternative Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | CTEX vs RAYS | |
| BlackRock World ex U.S. Carbon Transition Readines... | 15.14% | 285.99M | Apr 2021 | CTEX vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 16.09% | 25.99M | May 2015 | CTEX vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 17.43% | 133.47M | Oct 2006 | CTEX vs ERTH | |
| First Trust Global Wind Energy ETF | 20.57% | 277.74M | Jun 2008 | CTEX vs FAN |
Lowest Drawdown Alternatives to CTEX
CTEX has a 1-year max drawdown of -39.09%. There are 20 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -10.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | -10.92% | 285.99M | Apr 2021 | CTEX vs LCTD | |
| Invesco MSCI Sustainable Future ETF | -11.51% | 133.47M | Oct 2006 | CTEX vs ERTH | |
| Macquarie Energy Transition ETF | -13.70% | 12.79M | Nov 2023 | CTEX vs PWER | |
| First Trust Global Wind Energy ETF | -14.64% | 277.74M | Jun 2008 | CTEX vs FAN | |
| Global X Funds Global X Renewable Energy Producers... | -14.75% | 25.99M | May 2015 | CTEX vs RNRG |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 36 | 23.06% | 32.83B | Feb 2010 | CTEX vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 39 | 18.94% | 12.76B | Jun 2006 | CTEX vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -29.42% | 1.41B | Oct 2021 | CTEX vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 50 | 21.72% | 5.15B | Jun 2009 | CTEX vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 16.14% | 7.81B | Jun 2006 | CTEX vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 47 | 10.84% | 11.68B | Oct 2013 | CTEX vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 52 | 50.25% | 2.47B | Jan 2007 | CTEX vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 2 | -34.61% | 2.00B | Feb 2010 | CTEX vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 44 | 10.08% | 394.37M | Mar 2024 | CTEX vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -35.24% | 244.68M | Oct 2011 | CTEX vs UVXY |
Often Compared With CTEX
Investors most often compare CTEX with PBW, CTEC, TIME. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare CTEX with Any Fund or Stock
Compare CTEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CTEX with funds that move differently
ProShares S&P Kensho Cleantech ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CTEX.
Explore CTEX Diversifiers