PowerShares WilderHill Clean Energy Portfolio ETF (PBW)

The PowerShares WilderHill Clean Energy Portfolio ETF (PBW) started trading in March 2005. It tracks the WilderHill Clean Energy Index, minus expenses and fees.

The WilderHill Clean Energy Index measures the performance of corporations that stand to benefit from clean energy use and energy conservation. Component weightings are determined qualitatively, by what WilderHill deems their significance, influence, and relevance in using clean energy and preventing energy pollution. The index is rebalanced quarterly, and may hold American Depository Receipts.

The ETF is passively managed, with an expense ratio of 0.7%. The most recent annual turnover rate was 20%.

As of August 2008, the ETF had the following sector breakdown:

Consumer cyclical 7.47%
Consumer staples 2.39%
Energy 6.48%
Health care 0.89%
Industrials 30.89%
Information technology 28.54%
Materials 8.85%
Utilities 14.49%

The ETF paid a dividend of $0.01 per share in June 2006.

As of August 2008, the PowerShares WilderHill Clean Energy Portfolio ETF holds 54 stocks. Its holdings are listed below.