A majority of the companies in the index will be international companies and non-U.S. companies have been a driving force behind significant growth in clean energy investment, accounting in 2006 for $18.7 billion, or 67% of global asset financing alone. The U.S. accounts for 27% of this ETF's exposure, with Germany at 17% and Japan with 12%.
This ETF has a decidedly small company, growth tilt with 49% of the companies in the basket in the category of small cap growth and 27% listed as mid cap growth. There is food balance and diversification with no single company representing more than 3% of the baslet. The expense ratio is 0.75%.