Invesco WilderHill Clean Energy ETF

PBW

Market cap $660M

Plug Power Inc's (NASDAQ: PLUG) latest capital raise is having far-reaching effects beyond its own stock.

A new U.S.-China rare earth deal lifts hopes for clean energy ETFs, like ICLN and PBW, as supply chains stabilize and investor optimism returns.

Renewables have overtaken coal in global power generation, putting clean energy ETFs like ICLN, QCLN and PBW in sharp investor focus.

China's rare earth export curbs threaten the clean energy supply chain, but global exposure helps ETFs like PBW, FRNW, and ICLN stay resilient.

Clean energy rallies on several factors, with PBW ETF up 7% on Oct. 13, surging 126% in six months as AI demand & policy clarity boost renewables.

Clean energy ETFs -ICLN, QCLN, PBW, ACES and FRNW - surge as global investment hits records, with momentum set to test U.S. policy headwinds in Q4.

Trump's sharp criticism of green energy rattles investors, sending U.S. clean energy ETFs like ICLN, QCLN, ACES, TAN and PBW lower.

Clean Energy ETF PBW hits a 52-week high, surging about 121% from its low as industry momentum and easier Fed policy fuel gains.

Invesco WilderHill Clean Energy ETF has surged ~42% YTD, outperforming both iShares Global Clean Energy ETF and the S&P 500. PBW's outperformance is attributed to its diversified holdings across the high-performing technology as well as industrials and consumer discretionary, unlike ICLN's utility-heavy concentration. But it's hard to make a Buy case for PBW looking ahead, owing to the composition of its holdings and their prospects based on market multiples.

A Fed rate cut today could ease financing for renewables, boosting U.S.-focused clean energy ETFs that are already gaining momentum.