The PowerShares Global Wind Energy Portfolio ETF (PWND) started trading in July 2008. It tracks the NASDAQ OMX Clean Edge Global Wind Energy Index, minus expenses and fees.
The NASDAQ OMX Clean Edge Global Wind Energy Index measures the performance of corporations involved in developing, distributing, installing, manufacturing, and using wind energy products. Components include both US companies and American Depository Receipts.
The ETF is passively managed, with an expense ratio of 0.75%.
As of August 2008, the ETF had the following sector breakdown:
Basic materials 5.59%
Consumer staples 1.09%
Energy 2.22%
Industrials 56.03%
Utilities 33.64%
Other 1.43%
The ETF has not paid dividends in the past.
As of August 2008, the PowerShares Global Wind Energy Portfolio ETF holds 32 stocks. Its holdings are listed below.
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