PowerShares Global Clean Energy (AMEX:PBD)

rudolphsteiner (20.86) Submitted: 6/18/2008 12:14:58 PM : Start Price: $28.45 PBD Score: -75.84

As clean energy ETF's go, this is currently my favourite. Better than PBW because it has global exposure. A lot of strong renewables companies are international, especially european. And because it is global it gives better protection against US recession or US dollar depreciation. I also like it better than GEX because it has more diversification, and is less heavy on the glam-stocks, such as FSLR and Vestas. These are good companies, but the stock prices are way high - I'd rather not have them making up as much as 10% of the ETF. PBD has a range of renewable technologies (less weighted to solar), and also has some interesting demand management companies such as ELON or COMV - companies that I am interested in, but am not confident of picking winners. A list of holdings can be found here http://www.invescopowershares.com/products/holdings.aspx?ticker=PBD