NEX Index

Bloomberg New Energy Finance and US-based clean energy index provider, Wilderhill, publish and license the WilderHill New Energy Global Innovation Index (ticker symbol NEX) – the first generally available quoted index of global clean energy companies. While the NYSE BNEF family of Indexes focuses in on regions and sectors, the NEX comprises companies worldwide whose technologies and services focus on generation and use of cleaner energy, conservation and 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 does not try to beat the market. It does not try to pick undervalued stocks, nor to take defensive positions when markets decline or experience unusually strong volatility. Stocks and sectors are assessed quantitatively on technological, environmental, and relevance-to-the-sector criteria, as well as on liquidity and governance. Performance is judged only by how well the Index tracks movements of global clean energy – down and upwards.

An independently managed Exchange-Traded Fund, the Powershares Global Clean Energy Fund (ticker symbol PBD) tracks the NEX index.

For information on the NEX Index or to request access to nightly files, please email Josh Landess.

For information on Bloomberg New Energy Finance’s proprietary Price Indexes click here.