BE vs. PBW
Compare and contrast key facts about Bloom Energy Corporation (BE) and Invesco WilderHill Clean Energy ETF (PBW).
PBW is a passively managed fund by Invesco that tracks the performance of the The WilderHill Clean Energy Index (AMEX). It was launched on Mar 3, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BE or PBW.
Key characteristics
| BE | PBW | |
|---|---|---|
| YTD Return | -20.27% | -26.35% |
| 1Y Return | -26.89% | -34.46% |
| 3Y Return (Ann) | -20.14% | -34.29% |
| 5Y Return (Ann) | -5.02% | -3.41% |
| Sharpe Ratio | -0.44 | -0.91 |
| Daily Std Dev | 64.41% | 38.67% |
| Max Drawdown | -92.54% | -87.01% |
| Current Drawdown | -72.33% | -82.58% |
Correlation
The correlation between BE and PBW is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BE vs. PBW - Performance Comparison
In the year-to-date period, BE achieves a -20.27% return, which is significantly higher than PBW's -26.35% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
BE vs. PBW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bloom Energy Corporation (BE) and Invesco WilderHill Clean Energy ETF (PBW). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BE vs. PBW - Dividend Comparison
BE has not paid dividends to shareholders, while PBW's dividend yield for the trailing twelve months is around 3.64%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BE Bloom Energy Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PBW Invesco WilderHill Clean Energy ETF | 3.64% | 3.68% | 4.21% | 1.71% | 0.44% | 1.45% | 2.89% | 1.28% | 2.68% | 1.53% | 2.96% | 2.18% |
Drawdowns
BE vs. PBW - Drawdown Comparison
The maximum BE drawdown since its inception was -92.54%, which is greater than PBW's maximum drawdown of -87.01%. Use the drawdown chart below to compare losses from any high point for BE and PBW. For additional features, visit the drawdowns tool.
Volatility
BE vs. PBW - Volatility Comparison
Bloom Energy Corporation (BE) has a higher volatility of 16.90% compared to Invesco WilderHill Clean Energy ETF (PBW) at 10.43%. This indicates that BE's price experiences larger fluctuations and is considered to be riskier than PBW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.