WilderHill Clean Energy Index
The WilderHill Clean Energy Index is a modified equal dollar-weighted index that tracks publicly traded companies whose businesses stand to benefit substantially from societal transition toward alternative energies such as wind, solar, ethanol and hydrogen fuel cells. Stocks and sector weightings within the Clean Energy Index are selected based on their contribution towards the development of clean energy in an ecologically and economically sensible way. As of the third quarter of 2007, the Index components included 42 stocks of U.S. listed companies, most of which have a market capitalization greater than $200 million. The Index is calculated by the American Stock Exchange (AMEX) and disseminated through the Network of the Consolidated Tape Association. The Clean Energy Index was created by and is a trademark of WilderShares, LLC.
The Chicago Climate Futures Exchange ECO Index futures contract based on the WilderHill Clean Energy Index offers market participants access to alternative energy and clean technology stocks in a diversified fashion.