- ISIN
- US73935X5005
- CUSIP
- 46137V134
- Issuer
- Invesco
- Inception Date
- Mar 3, 2005
- Region
- North America (U.S.)
- Category
- Small Cap Growth Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- The WilderHill Clean Energy Index (AMEX)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Multi-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $569M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PBW Performance Chart
Invesco WilderHill Clean Energy ETF (PBW) is up 35.9% since the beginning of the year. PBW is currently trading at $41 per share. Investors who bought $1,000 worth of PBW shares 5 years ago would now be looking at an investment worth $517.
Loading charts...
Returns By Period
Invesco WilderHill Clean Energy ETF (PBW) has returned 35.89% so far this year and 118.27% over the past 12 months. Over the last ten years, PBW has returned 10.55% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Invesco WilderHill Clean Energy ETF
- 1D
- -0.19%
- 1M
- -3.61%
- YTD
- 35.89%
- 6M
- 27.66%
- 1Y
- 118.27%
- 3Y*
- 5.84%
- 5Y*
- -12.35%
- 10Y*
- 10.55%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PBW Monthly Returns History
Based on dividend-adjusted daily data since Mar 3, 2005, PBW's average daily return is +0.02%, while the average monthly return is +0.40%. At this rate, an investment would double in approximately 14.5 years.
Historically, 54% of months were positive and 46% were negative. The best month was Nov 2020 with a return of +45.1%, while the worst month was Oct 2008 at -32.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PBW closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +16.9%, while the worst single day was Mar 16, 2020 at -14.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.48% | -3.94% | -2.46% | 21.06% | 18.57% | -8.54% | 35.89% | ||||||
| 2025 | -2.30% | -10.18% | -10.36% | -1.14% | 14.72% | 11.83% | 14.31% | 11.02% | 14.56% | 16.03% | -5.55% | -3.13% | 53.96% |
| 2024 | -20.39% | 0.42% | -2.32% | -11.58% | 12.81% | -11.75% | 7.00% | -10.25% | 3.90% | 0.10% | 7.93% | -6.56% | -30.77% |
| 2023 | 20.14% | -6.78% | -4.70% | -12.32% | 3.27% | 10.36% | 8.62% | -16.66% | -12.99% | -20.52% | 6.12% | 12.84% | -20.03% |
| 2022 | -20.92% | 5.10% | 10.18% | -21.78% | 4.91% | -13.91% | 22.36% | 2.81% | -15.61% | -4.25% | 2.25% | -17.53% | -44.55% |
| 2021 | 15.57% | -9.57% | -8.82% | -10.67% | -5.46% | 12.48% | -10.22% | -2.27% | -5.22% | 14.94% | -3.82% | -15.72% | -29.86% |
Benchmark Metrics
Invesco WilderHill Clean Energy ETF has an annualized alpha of -8.80%, beta of 1.39, and R2 of 0.53 versus S&P 500 Index. Calculated based on daily prices since March 03, 2005.
- This ETF participated in 156.58% of S&P 500 Index downside but only 119.21% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -8.80% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -8.80%
- Beta
- 1.39
- R²
- 0.53
- Upside Capture
- 119.21%
- Downside Capture
- 156.58%
Expense Ratio
PBW has an expense ratio of 0.61%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PBW ranks 80 for risk / return — better than 80% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Invesco WilderHill Clean Energy ETF (PBW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PBW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.80 | ||
| Sortino ratioReturn per unit of downside risk | +0.36 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.37 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 5.60 | 2.78 | +2.82 |
| Martin ratioReturn relative to average drawdown | 14.48 | 12.44 | +2.05 |
Dividends
Dividend History
Invesco WilderHill Clean Energy ETF provided a 1.24% dividend yield over the last twelve months, with an annual payout of $0.51 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.24 | $0.57 | $1.09 | $1.61 | $1.22 | $0.45 | $0.50 | $0.44 | $0.32 | $0.49 | $0.36 |
Dividend yield | 1.24% | 0.79% | 2.84% | 3.68% | 4.21% | 1.71% | 0.44% | 1.45% | 2.04% | 1.28% | 2.68% | 1.53% |
Monthly Dividends
The table displays the monthly dividend distributions for Invesco WilderHill Clean Energy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.24 | $0.27 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.24 |
| 2024 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.21 | $0.57 |
| 2023 | $0.00 | $0.00 | $0.45 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.19 | $1.09 |
| 2022 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.63 | $1.61 |
| 2021 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.55 | $1.22 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Invesco WilderHill Clean Energy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Invesco WilderHill Clean Energy ETF was 89.02%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current Invesco WilderHill Clean Energy ETF drawdown is 65.75%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -89.02%Apr 2025 | 4y 1mo | — | 5y 4moFeb 2021 - now |
2012 bear market2012 | -87.01%Nov 2012 | 4y 10mo | 8y 1mo | 13y 15dDec 2007 - Jan 2021 |
2006 bear market2006 | -31.07%Sep 2006 | 4mo 16d | 1y 13d | 1y 4moMay 2006 - Oct 2007 |
2005 correction2005 | -18.89%May 2005 | 2mo 6d | 2mo 14d | 4mo 20dMar 2005 - Jul 2005 |
2005 correction2005 | -17.63%Oct 2005 | 1mo 14d | 2mo 24d | 4mo 8dSep 2005 - Jan 2006 |
Drawdown Indicators
| PBW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.02% | -56.78% | -32.24% |
Max Drawdown (1Y)Largest decline over 1 year | -21.24% | -9.10% | -12.14% |
Max Drawdown (3Y)Largest decline over 3 years | -68.04% | -18.90% | -49.14% |
Max Drawdown (5Y)Largest decline over 5 years | -84.50% | -25.43% | -59.07% |
Max Drawdown (10Y)Largest decline over 10 years | -89.02% | -33.92% | -55.10% |
Current DrawdownCurrent decline from peak | -65.75% | -1.80% | -63.95% |
Average DrawdownAverage peak-to-trough decline | -62.90% | -10.71% | -52.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.20% | 2.03% | +6.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PBW
Add Invesco WilderHill Clean Energy ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PBW