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 11 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% | 241.65M | Apr 2021 | CTEX vs LCTD | |
| Fidelity Clean Energy ETF | 0.39% | 140.82M | Oct 2021 | CTEX vs FRNW | |
| SPDR S&P Kensho Clean Power ETF | 0.45% | 263.96M | Oct 2018 | CTEX vs CNRG | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | CTEX vs HJEN | |
| iShares Global Clean Energy ETF | 0.46% | 3.21B | Jun 2008 | CTEX vs ICLN |
Best Risk-Adjusted Alternatives to CTEX
CTEX has a PortfoliosLab risk / return rank of 88. There are 7 ETFs in the Alternative Energy Equities category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 95 | 89.40M | Mar 2024 | CTEX vs IBAT | |
| Invesco Global Clean Energy ETF | 94 | 232.71M | Jun 2007 | CTEX vs PBD | |
| Macquarie Energy Transition ETF | 93 | 7.61M | Nov 2023 | CTEX vs PWER | |
| Global X Hydrogen ETF | 92 | 167.96M | Jul 2021 | CTEX vs HYDR | |
| Global X CleanTech ETF | 90 | 33.81M | Oct 2020 | CTEX vs CTEC |
Top Performing CTEX Alternatives (YTD)
CTEX is at 39.97% YTD. There are 6 ETFs in the Alternative Energy Equities category with higher YTD returns, going as high as 110.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Hydrogen ETF | 110.14% | 167.96M | Jul 2021 | CTEX vs HYDR | |
| iShares Energy Storage & Materials ETF | 64.52% | 89.40M | Mar 2024 | CTEX vs IBAT | |
| First Trust NASDAQ Clean Edge Green Energy Index F... | 52.94% | 895.30M | Feb 2007 | CTEX vs QCLN | |
| Invesco Solar ETF | 43.10% | 2.29B | Apr 2008 | CTEX vs TAN | |
| Global X CleanTech ETF | 42.98% | 33.81M | Oct 2020 | CTEX vs CTEC |
Lowest Volatility Alternatives to CTEX
CTEX has 42.32% 1-year volatility. There are 17 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... | 14.55% | 241.65M | Apr 2021 | CTEX vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 15.77% | 30.24M | May 2015 | CTEX vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 16.73% | 151.79M | Oct 2006 | CTEX vs ERTH | |
| First Trust Nasdaq Clean Edge Smart GRID Infrastru... | 19.39% | 11.29B | Nov 2009 | CTEX vs GRID |
Lowest Drawdown Alternatives to CTEX
CTEX has a 1-year max drawdown of -21.62%. There are 16 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Funds Global X Renewable Energy Producers... | -5.95% | 30.24M | May 2015 | CTEX vs RNRG | |
| First Trust Global Wind Energy ETF | -7.71% | 319.68M | Jun 2008 | CTEX vs FAN | |
| Invesco MSCI Sustainable Future ETF | -8.07% | 151.79M | Oct 2006 | CTEX vs ERTH | |
| VanEck Low Carbon Energy ETF | -8.82% | 152.21M | May 2007 | CTEX vs SMOG | |
| Macquarie Energy Transition ETF | -9.07% | 7.61M | Nov 2023 | CTEX vs PWER |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 7 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 64.46% | 39.77B | Feb 2010 | CTEX vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -26.37% | 1.70B | Oct 2021 | CTEX vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 69 | 42.06% | 14.46B | Jun 2006 | CTEX vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 62 | 27.90% | 5.55B | Jun 2009 | CTEX vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 62 | 19.37% | 8.38B | Jun 2006 | CTEX vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 22 | 3.51% | 11.07B | Oct 2013 | CTEX vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | 114.00% | 3.05B | Jan 2007 | CTEX vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities | 0 | -45.27% | 2.23B | Feb 2010 | CTEX vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -19.06% | 398.99M | Oct 2011 | CTEX vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -52.92% | 446.55M | Apr 2024 | CTEX vs BITU |
Often Compared With CTEX
Investors most often compare CTEX with PBW, TIME, VOO. These 20 comparison targets span 14 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