CNRG and PBW both track clean energy but one fell 61% in the last downturn while the other lost 23%
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The SPDR S&P Kensho Clean Power ETF (CNRG) and Invesco WilderHill Clean Energy ETF (PBW) both focus on clean energy but differ significantly in performance. Year-to-date, CNRG has returned 22.13% while PBW has returned 34.64%. Over the past year, CNRG is up 91.23% compared to PBW's 129.89%. CNRG offers downside protection with utility cash flows, while PBW is more volatile, benefiting from small-cap growth. In downturns, CNRG fell 23.12% versus PBW's 61.22%. Investors should choose based on risk tolerance and market conditions.
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