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Alternate Ways to Invest in Clean Energy

You like PBD over PBW because it is more diversified (~80 v. ~50 stocks; ~two-thirds v. ~ one-fourth foreign). You like GEX even better because of its global focus and lower expenses. Yet PBD seems considerably more diverse than GEX. Both hold about two-thirds foreign stock, but PBD has ~80 stocks v. only ~30 stocks for GEX, and PBD is less diversified in terms of industry. Am I missing something?