BROUGHT TO YOU BY:

ETF Portfolio Builder

New

ETF Portfolio Builder

New

SMOGvsPBWETF Comparison

ETF 1

SMOG

VanEck Low Carbon Energy ETF

This fund is part of

Alternative Energy

+0.37%

Full SMOG fund page

VS

ETF 2

PBW

Invesco WilderHill Clean Energy ETF

This fund is part of

Alternative Energy

+0.37%

Full PBW fund page

VanEck Low Carbon Energy ETF (SMOG) and Invesco WilderHill Clean Energy ETF (PBW) belong to the same industry segment: Alternative Energy. SMOG's top 3 sector exposures are Utilities, Industrials and Consumer Cyclicals. In contrast, PBW's top sector exposures are Industrials, Non-Energy Materials and Technology. SMOG is more expensive with a Total Expense Ratio (TER) of 0.64%, versus 0.63% for PBW. SMOG is up 4.23% year-to-date (YTD) with -$3M in YTD flows. PBW performs worse with -12.16% YTD performance, and -$323M in YTD flows. Run a side-by-side ETF comparison of SMOG and PBW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

Find out how industry players manage ETF portfolios. Discover our library of Model portfolios

SMOG vs PBW performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 11/04/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	SMOG PBW	-0.53%-9.65%	-3.17%-22.81%	+4.23%-12.16%	+2.56%-13.58%	+40.26%+6.89%	-18.49%-67.55%
Flows	SMOG PBW	--$2M	--$60M	-$3M-$323M	-$7M-$230M	-$56M-$142M	-$103M-$407M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	SMOG PBW	+18.25%+32.64%	+21.80%+41.98%	+21.36%+41.21%	+24.50%+43.37%
Max drawdown	SMOG PBW	-9.39%-29.69%	-17.86%-47.24%	-19.34%-54.99%	-46.61%-84.50%
Max drawdown duration	SMOG PBW	84d80d	177d155d	226d644d	1822d1822d

Trading data

Create an account to view trading data

Join for free

	SMOG	PBW
Last sale 11/5/2026 at 2:30 PM	$130.01	$24.74
Previous close 11/04/2026	$134.70	$26.50
Consolidated volume 11/04/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 30, 2026

1-year trailing difference

Create an account to view replication metrics

Join for free

Create an account to view replication quality

Join for free

	SMOG	PBW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 11/5/2026 at 2:30 PM

Live

Closed

	SMOG	PBW
Last price	$130.01	$24.74
1D performance	-3.48%	-6.64%
AuM	$129.51 M	$306.72 M
E/R	0.64%	0.63%

Characteristics

	SMOG	PBW
Management strategy	Passive	Passive
Provider	VanEck	Invesco
Benchmark	MVIS Global Low Carbon Energy Index	WilderHill Clean Energy Index
N° of holdings	55	71
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	May 3, 2007	March 3, 2005
ESG	Yes	Yes

More SMOG data on Trackinsight

More PBW data on Trackinsight

Exposure

Countries

SMOG

USA

35.54%

China

12.21%

Spain

10.6%

Republic of Korea

7.69%

Denmark

7.06%

Other

26.9%

PBW

USA

78.16%

Other

21.84%

Sectors

SMOG

Utilities

38.27%

Industrials

31.21%

Consumer Cyclical.

20.77%

Other

9.75%

PBW

Industrials

43.32%

Non-Energy Materi.

24.19%

Technology

11.61%

Consumer Cyclical.

10.65%

Other

10.22%

Diversification

SMOG

Total weight of top 15 holdings out of 15

69.22%

PBW

Total weight of top 15 holdings out of 15

30.69%

Top 15 holdings

Data as of September 30, 2026

SMOG

Iberdrola SA

8.47%

Tesla, Inc.

8.09%

Bloom Energy Corp.

6.84%

NextEra Energy, Inc.

6.78%

Enel SpA

6.61%

BYD Co., Ltd.

5.32%

Vestas Wind Systems A/S

4.61%

Samsung SDI Co., Ltd.

4.18%

AXIA Energia SA

3.59%

Kingspan Group Plc

3.17%

Rivian Automotive, Inc.

3.05%

First Solar, Inc.

2.72%

Contemporary Amperex Technology Co., Ltd.

2.02%

Ørsted A/S

1.98%

LG Energy Solution Ltd.

1.77%

PBW

BETA Technologies, Inc.

2.98%

Darling Ingredients, Inc.

2.33%

Itron, Inc.

2.16%

Cadeler A/S

2.16%

Preformed Line Products Co.

2.07%

OPAL Fuels, Inc.

2.07%

REX American Resources Corp.

1.98%

Archer Aviation, Inc.

1.96%

Rivian Automotive, Inc.

1.95%

Gentherm, Inc.

1.95%

Gevo, Inc.

1.93%

Lifezone Metals Ltd.

1.85%

Tesla, Inc.

1.80%

Energy Vault Holdings, Inc.

1.75%

Monolithic Power Systems, Inc.

1.75%

Frequently asked questions about SMOG and PBW

How have the SMOG and PBW ETFs performed in 2026?

As of November 4, 2026, SMOG is up 4.23% year-to-date (YTD), while PBW has lost -12.16%. That puts SMOG better performer ahead so far this year.

Which ETF is attracting more investor money: SMOG or PBW?

Year-to-date, the SMOG ETF saw -$3M in flows, compared to -$323M for PBW.

Which ETF is more volatile: SMOG or PBW?

Over the past year, SMOG had a volatility of 21.8%, while PBW experienced 41.98%.

Which ETF is bigger: SMOG or PBW?

As of November 4, 2026, SMOG holds $129.51 M in assets under management (AUM), while PBW manages $306.72 M.

What sectors do the SMOG and PBW ETFs invest in?

SMOG leans toward sectors like Utilities, Industrials and Consumer Cyclicals. Meanwhile, PBW focuses on Industrials, Non-Energy Materials and Technology.

What are the top holdings of the SMOG ETF and PBW ETF?

SMOG top holdings include Iberdrola SA, Tesla, Inc. and Bloom Energy Corp.. PBW holds in its top three: BETA Technologies, Inc., Darling Ingredients, Inc. and Itron, Inc..

SMOGvsPBWETF Comparison

VanEck Low Carbon Energy ETF

Invesco WilderHill Clean Energy ETF

SMOG vs PBW performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the SMOG and PBW ETFs performed in 2026?

As of November 4, 2026, SMOG is up 4.23% year-to-date (YTD), while PBW has lost -12.16%. That puts SMOG better performer ahead so far this year.

Which ETF is attracting more investor money: SMOG or PBW?

Year-to-date, the SMOG ETF saw -$3M in flows, compared to -$323M for PBW.

Which ETF is more volatile: SMOG or PBW?

Over the past year, SMOG had a volatility of 21.8%, while PBW experienced 41.98%.

Which ETF is bigger: SMOG or PBW?

As of November 4, 2026, SMOG holds $129.51 M in assets under management (AUM), while PBW manages $306.72 M.

What sectors do the SMOG and PBW ETFs invest in?

SMOG leans toward sectors like Utilities, Industrials and Consumer Cyclicals. Meanwhile, PBW focuses on Industrials, Non-Energy Materials and Technology.

What are the top holdings of the SMOG ETF and PBW ETF?

SMOG top holdings include Iberdrola SA, Tesla, Inc. and Bloom Energy Corp.. PBW holds in its top three: BETA Technologies, Inc., Darling Ingredients, Inc. and Itron, Inc..

Which ETF is more diversified: SMOG or PBW?

SMOG holds 55 securities with 69.22% of its assets in the top 15. PBW has 71 securities and a top 15 weight of 30.69%.

Donald Trump vs Kamala Harris: ETFs to Watch

Energy Sector Plunges for the Third Week in a Row

Rising Interest Rates Cast Shadows Over US Alternative Energy ETFs

ETFs’ Next Act: From Access to Selection