ALL AVAILABLE INDEXES
WilderHill Index (ECO) is made up of U.S.-listed companies that stand to benefit substantially from a societal transition toward the use of clean energy. The ECO Index® live since 2004, is the first-ever for climate solutions.
WilderHill New Energy Global Innovation Index (NEX) live since 2006 is made up of companies worldwide, mainly outside the U.S., advancing green energy and efficiency. It is the first-ever Global clean energy Index.
WilderHill Hydrogen Economy Index (H2X) is made up of companies globally advancing the use of hydrogen, fuel cells, and related innovations for moving towards a potential green hydrogen economy.
WilderHill Wind Energy Index (WNX) is made up of companies globally advancing the use of wind energy, better grid and related technologies, facilitating a transition towards decarbonization.
Products Available for:
- WILDERHILL CLEAN ENERGY INDEX® (ECO); this in the U.S.
- WILDERHILL NEW ENERGY GLOBAL INNOVATION INDEX (NEX); this both in the U.S., and Europe.
- WILDERHILL HYDROGEN ECONOMY INDEX (H2X); this in Europe.
- WILDERHILL WIND ENERGY INDEX (WNX); this in Europe
WilderHill Clean Energy Index® (ECO), live since 2004, is calculated by the New York Stock Exchange (NYSE). WilderHill New Energy Global Innovation Index (NEX), Hydrogen Economy (H2X)*, and Wind Energy (WNX) are each calculated by Solactive AG.
WILDERHILL CLEAN ENERGY INDEX® (ECO)
How to 'buy the Index.'
An investor cannot directly buy an index.
An independent Fund, the Invesco WilderHill Clean Energy ETF, symbol PBW, seeks to mirror the performance of ECO. Investors who wish to trade it and hence the volatile clean energy sector defined by WilderHill Clean Energy Index can contact their Broker or Invesco directly.
An Exchange Traded Fund (ETF) calculates intra-day, like the Index (ECO). Generally speaking, ETFs can carry the characteristics of intra-day trading and transparency.
This still-emerging clean energy sector and therefore ECO, has been and clearly remains, highly volatile.
WILDERHILL NEW ENERGY GLOBAL INNOVATION INDEX (NEX)
In early 2006 we launched the WilderHill New Energy Global Innovation Index (NEX) to track important companies in clean energy worldwide, but that are mainly traded outside the United States. More than half the stocks in NEX are generally listed outside the U.S.: hence there is some non-correlation with ECO. NEX tracks opportunities in clean energy in Europe, Asia-Pacific, Americas and elsewhere; it is a product of WilderHill New Energy Finance LLC.
The WilderHill New Energy Global Innovation Index (NEX) is comprised of companies worldwide whose innovative technologies and services focus on generation and use of cleaner energy, conservation, efficiency and advancing renewable energy generally. Included are companies whose lower-carbon approaches are relevant to climate change, and whose technologies help reduce emissions relative to traditional fossil fuel use. The NEX is the first and leading Global Index for clean, alternative and renewable energy. Together with ECO that focuses on stocks listed in the U.S, we arguably now cover clean energy worldwide.
NEX: How to 'buy the Index.'
An investor cannot directly buy an index.
There are commonly however, Index-tracking funds available to 'buy' an Index by closely matching the Index performance; lately new funds can now track Global Indexes.
In the U.S. an independent Fund, the Invesco Global Clean Energy ETF, symbol PBD, seeks to mirror the performance of NEX. Investors wishing to trade the global clean energy sector as defined by the WilderHill New Energy Global Innovation Index can contact their Broker or Invesco directly for PBD.
In Europe an independent Fund, the Invesco Global Clean Energy UCITS ETF, symbol GCLE (on the London Stock Exchange) is also available that seeks to mirror the performance of NEX. Investors in Europe wishing to trade the global clean energy sector as defined by the WilderHill New Energy Global Innovation Index can contact their Broker or Invesco directly for GCLE.
An Exchange Traded Fund (ETF) helpfully calculates intra-day within the U.S. Generally speaking ETFs will also carry characteristics of intra-day trading and transparency.
Like with the ECO Index, this still-emerging Worldwide clean energy sector defined by NEX has been and clearly remains, highly volatile.
WILDERHILL HYDROGEN ECONOMY INDEX (H2X)
In 2022, we launched the WilderHill Hydrogen Economy Index (H2X) that’s made of companies worldwide whose innovative technologies help to advance hydrogen, fuel cells and the potential hydrogen economy. It is owned by WilderHill New Energy Finance, and calculated by Solactive AG of Germany.
Specifically this Index captures companies involved in green, renewable, and low-carbon hydrogen. This includes improvements that can advance clean hydrogen generation, storage, conversion, its use in transportation, innovation, and zero-polluting fuel cells. Being a single basket, this Index naturally helps bring together deeply interconnected-themes. Encompassing decarbonization & climate, H2X bridges a gap between sustainability aims – and need for diverse, applied solutions.
In Europe an independent Fund, the Invesco Hydrogen Economy UCITS (HYDE) is also available that seeks to mirror the performance of the H2X.
WILDERHILL WIND ENERGY INDEX (WNX)
In 2022, we launched the the WilderHill Wind Energy Index (WNX) that’s made up of companies worldwide whose innovative technologies advance wind energy, helping enable its use. Specifically this Index captures companies involved in wind globally, onshore & offshore. It is owned by WilderHill New Energy Finance, and calculated by Solactive AG of Germany.
This includes those facilitating transition to a lower carbon economy through improving wind turbines and blades, providing materials used in wind energy, modernizing the grid, and innovations facilitating greater wind deployment and expansion. Encompassing decarbonization & climate, this WNX theme bridges a gap between sustainability aims – and the need for diverse, applied solutions.
In Europe an independent Fund, the Invesco Hydrogen Economy UCITS (WNDE) is also available that seeks to mirror the performance of the WNX.
Decarbonizing was prominent in OCEAN Index, Live from 2009 to 2022.
No Longer Calculating.
From 2019 to 2022, we'd operated live OCEAN Index for decarbonization - a theme likely before its time. OCEAN Index is now Retired.
For: Decarbonization and Sustainability, Clean air and healthy Oceans worldwide. Positive, new action on climate. Preventing pollution of the atmosphere, land, and seas, too long harmed by human activities.
It’s about Solutions.
Specifically, OCEAN is built around publicly traded companies furthering Decarbonization, Sustainability, Green Energy and protecting our global commons: the air, land, and seas. With attention to greenhouse gases, it captures these interconnected-themes.
Encompassing new and better ways forward for smarter action on climate change – it bridges the gap between Sustainability goals — and Applied Solutions. It’s transparent, science-driven, naturally reflects emerging Environmental, Social and Governance (ESG) concerns, and it is intended to be understandable and of use to everyone. OCEAN is a global Benchmark for ESG and Climate.
WILDERHILL PROGRESSIVE ENERGY INDEX® (WHPRO)
From 2006 through 2019 we operated the WilderHill Progressive Energy Index® (WHPRO) for low-carbon, an idea likely ‘ahead of its time’. The Index contained companies serving as an energy bridge improving near-term use of fossil fuels by progressively reducing all their carbon and other pollution in dominant energy. The Index held transitional technologies increasingly important given coming global warming and climate change. WHPRO captured opportunities for decarbonizing our energy portrait away from CO2 and greenhouse emissions, looked at dirtiest coal, oil, and natural gas, and better use of all major energy sources today. The Index was the first for this theme and unlike any other.
WILDER NASDAQ OMX® GLOBAL ENERGY EFFICIENT TRANSPORT INDEX (HAUL)
From 2008 to 2012 we also operated the forward-looking Wilder NASDAQ OMX Global Energy Efficient Transport Index (HAUL) designed to define and track innovative, energy efficient transportation; specifically, businesses that could stand to benefit substantially from a societal transition towards cleaner and improved means of moving goods and people. The stocks and sector weightings within the HAUL Index® were based on their significance for greater efficiency, for reducing costs and time in transit, and for technological advancement. The Energy Efficient Transport Index® (HAUL) emphasized solutions that can make ecological and economic sense and it could include stocks from around the world. That Index was unlike any other at that time, and it is no longer being calculated live.
Index |
WilderHill Clean Energy (ECO) |
WilderHill New Energy Global Innovation (NEX) |
WilderHill Hydrogen Economy (H2X) |
WilderHill Wind Energy (WNX) |
Theme / Year went Live: |
First-ever for Clean Energy – since 2004 |
First-ever for Global Clean Energy – 2006 |
New for Hydrogen – went live 2022 |
New for Wind Energy – went live 2022 |
Index Components listed: |
U.S. Exchanges: the NYSE, NASDAQ |
Global, Solactive developed nations list[i] plus Taiwan, South Korea |
Global, Solactive developed nations list[i] plus Taiwan, South Korea |
Global, Solactive developed nations list[i] plus Taiwan, South Korea |
Weighting Method: |
Modified-equal weight is voice to all components; No overweighting at top |
Straight-equal weight is voice to all components; No overweighting at top |
Straight-equal weight is voice to all components; No overweighting at top |
Straight-equal weight is voice to all components; No overweighting at top |
Components minimum floor & requirements: |
>$50m market cap; share price floor for all >$1.00; companies are equal-weight within their own assigned sectors; Any companies under <$200m market cap at rebalance are *Banded at 0.50% weight each from rebalance.
Calculations are by New York Stock Exchange (NYSE)
|
>$100m market cap; Over >$750k ADTV existing components; Over >$1 million ADTV new components.
Companies missing critical ESG data not eligible; datasets screen on Global Standards Screening (GSS), Controversy Score, ESG Risk Ratings (ESG RR), Product Involvement fields (PI); companies missing GSS, Controversy, ESG RR or all PI fields, are removed from eligible universe.[ii]
|
>$100m market cap; Over >$750k ADTV existing components; Over >$1 million ADTV new components.
Companies missing critical ESG data not eligible; datasets screen on Global Standards Screening (GSS), Controversy Score, ESG Risk Ratings (ESG RR), Product Involvement fields (PI); companies missing GSS, Controversy, ESG RR or all PI fields, are removed from eligible universe.[ii]
|
>$100m market cap; Over >$750k ADTV existing components; Over >$1 million ADTV new components.
Companies missing critical ESG data not eligible; datasets screen on Global Standards Screening (GSS), Controversy Score, ESG Risk Ratings (ESG RR), Product Involvement fields (PI); companies missing GSS, Controversy, ESG RR or all PI fields, are removed from eligible universe.[ii]
|
Tracker ETF / UCITS Fund U.S./Europe |
Yes: PBW in U.S. |
Yes: PBD in U.S. Yes: GCLE.L etc in Europe |
Yes: HYDE.L etc in Europe |
Yes: WNDE.L etc in Europe |
Clean – avoids fossil fuels & nuclear power: |
Yes, volatile with smaller and cleaner pure-plays |
Yes, volatile with smaller and cleaner pure-plays |
Yes, volatile with smaller and cleaner pure-plays |
Yes, volatile with smaller and cleaner pure-plays |
SFDR in Europe; article 9 |
n/a |
Yes, coming |
Yes, article 9 green |
Yes, article 9 green |
[i] See the latest Solactive List of Developed Countries, https://www.solactive.com/documents
[ii] For details on fields and thresholds applied for exclusion, please refer to individual Index at, Methodology
The ECO Index® is owned by WilderShares. NEX, H2X, WNX Indexes are owned by WilderHill New Energy Finance.
ECO Index is calculated by the NYSE. The NEX, H2X, WNX are calculated by Solactive AG in Germany. (March 2023)