Published on 21 Feb 2023 on Zacks via Yahoo Finance
A smart beta exchange traded fund, the Invesco Global Clean Energy ETF (PBD) debuted on 06/13/2007, and offers broad exposure to the Alternative Energy ETFs category of the market.
What Are Smart Beta ETFs?
The ETF industry has long been dominated by products based on market cap weighted indexes, a strategy created to reflect the market or a particular market segment.