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WilderHill Clean Energy Index (ECO) tracks the Clean Energy sector: specifically, businesses that stand to benefit substantially from a societal transition toward use of cleaner energy and conservation.

ECO INDEX® CONSTRUCTION

(1) The Clean Energy Index uses modified equal dollar weighting. No single stock may exceed 4% of the total Clean Energy Index weight at the start of quarterly rebalancings.
(2) For a stock to be included in the selection universe, the company must be identified as one that has a significant exposure to clean energy, or contribute to the advancement of clean energy, or be important to the development of clean energy.
  • Companies in the Clean Energy Index generally (i) work to further renewable energy efforts and do so in ecologically and economically sensible ways; or (ii) help prevent pollutants, such as CO2, NOx, SOx or particulates-avoiding carbon or contaminants that harm oceans, land, air, or ecosystems structure; or (iii) de facto incorporate ideals of the precautionary principle or pollution prevention into their energy efforts.
  • Companies in the Clean Energy Index generally will not have their majority interests in the highest-carbon fuels: oil or coal.
  • Large companies with interests outside clean energy may be included if they are significant to this sector.
    (3) Market capitalization for a majority of Clean Energy Index stocks is typically $200 million and above. To account for notable but smaller companies sometimes significant to the clean energy field, a minority of Clean Energy Index stocks may have market capitalizations between $50 million and $200 million.
    (4) Stocks in the Clean Energy Index generally as a guideline should:
      1. have three-month average market capitalization of at least $50 million;
      2. have a three-month average closing price above $1.00;
      3. be listed on a major U.S. exchange such as the NYSE, AMEX or NASDAQ and if a foreign company have their ADR listed on one of these exchanges;
      4. reach minimum average daily liquidity requirements for sufficient trade volume.
    More information about WilderHill Clean Energy Index
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