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iShares Global Clean Energy ETF

ICLNNasdaqiSharesA

$15.73+0.42 (+2.74%)

At close: Nov 2, 2026, 4:00 PM ET

Intraday session: up, 79 prints from 15.31 to 15.73. Range 15.59 to 15.95. Use the arrow keys to read each point.15.4015.5015.6015.9010 AM12 PM2 PM4 PM
Expense ratio
0.38%
Fund size
$1.94B
1Y total return
−8.1%
Yield · Last 12 months
1.17%
Holdings
124
Avg volume · 30D
6.25M sh
52W range
low $15.18high $23.78
Launched
Filings
SEC EDGAR

The ETF.net ICLN Grade

Based on 5 of 6 pillars

A

Score 80 out of 100

Rank
1 of 16
Six-pillar profile for ICLN. Scores out of 100: Cost 100, Risk 48, Mission not scored, Tradability 84, Holdings 59, Durability 92. Strongest: Cost (100). Weakest: Risk (48). Based on 5 of 6 pillars.

Score 80 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A100 out of 100
    Rank 1 of 16
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 8 of 16
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A84 out of 100
    Rank 4 of 16
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B59 out of 100
    Rank 6 of 16
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A92 out of 100
    Rank 1 of 16

Our read on ICLN

ETF.net Research

In short

AThe big, global way to own the energy transition: since 2008, ICLN has tracked roughly 100 clean-power companies across developed and emerging markets, charging 0.38% a year, below the typical clean-energy fee.

Stated mandate

The fund seeks to track an index representing global equities in the clean energy sector.

Why people hold it

  • At 0.38% with no waiver propping it up, it undercuts FRNW (0.39%) and CNRG (0.45%) and sits below the category median fee.
  • Global by design: the S&P index draws from developed and emerging markets, so you get Europe's wind and grid names, not just US solar.blackrock.com
  • Liquidity is built into the rules. Index entrants need $300M market cap and $3M median daily trading, and the fund itself trades very actively.blackrock.com
  • A multi-billion-dollar iShares fund running since 2008, and one of the strongest implementations in its peer group.

Worth knowing

  • One theme, about 100 stocks. Renewable developers and utilities are capital-intensive, so interest-rate moves land hard here.spglobal.com
  • Emerging-market listings come with the global reach, adding currency and local-market risk.blackrock.com
  • Weights blend float market cap with a clean-energy exposure score, so some holdings are partial players, not pure plays.spglobal.comblackrock.com

ICLN Performance

Launched Jun 24, 2008

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ICLN$9,188
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. ICLN $9,188. SPY $11,146. Use the arrow keys to read each point.$10,000$12,000$14,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ICLN. Periods over one year show the average yearly return.
PeriodICLN
Year to date−4.0%
1 month−8.5%
3 months−10.4%
1 year−8.1%
3 yearsper year+7.3%
5 yearsper year−7.8%
10 yearsper year+8.0%

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ICLN
YearReturn barICLN
2026 YTD−4.0%
2025+47.0%
2024−25.7%
2023−20.4%
2022−5.4%
2021−24.2%
2020+141.8%

ICLN in the news

ICLN Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
1.17%Last 12 months
Payout per share
$0.18Last 12 months
Last payment
$0.06 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Twice a year

Distribution history

2017–2026

One bar per payment. 21 payments from 2017 to 2026 YTD. Jun 20, 2017 $0.14; Dec 21, 2017 $0.09; Jun 19, 2018 $0.12; Dec 18, 2018 $0.11; Jun 17, 2019 $0.08; Dec 16, 2019 $0.08; Jun 15, 2020 $0.05; Dec 14, 2020 $0.03; Dec 30, 2020 $0.01; Jun 10, 2021 $0.12; Dec 13, 2021 $0.11; Dec 30, 2021 $0.01; Jun 9, 2022 $0.14; Dec 13, 2022 $0.04; Jun 7, 2023 $0.12; Dec 20, 2023 $0.12; Jun 11, 2024 $0.10; Dec 17, 2024 $0.11; Jun 16, 2025 $0.14; Dec 16, 2025 $0.13; Jun 15, 2026 $0.06. Use the arrow keys to read each point.2017201820192020202120222023202420252026YTD
Ex-datePay dateAmount per share
Jun 15, 2026Jun 18, 2026$0.06
Dec 16, 2025Dec 19, 2025$0.13
Jun 16, 2025Jun 20, 2025$0.14
Dec 17, 2024Dec 20, 2024$0.11
Jun 11, 2024Jun 17, 2024$0.10
Dec 20, 2023Dec 27, 2023$0.12
Jun 7, 2023Jun 13, 2023$0.12
Dec 13, 2022Dec 19, 2022$0.04
Jun 9, 2022Jun 15, 2022$0.14
Dec 30, 2021Jan 5, 2022$0.01
Dec 13, 2021Dec 17, 2021$0.11
Jun 10, 2021Jun 16, 2021$0.12

See all 40 payments⁠

$10,000 in ICLN 10 years ago paid $2,478 in dividends.⁠

ICLN Risk

How much the fund’s monthly returns vary, scaled to a year.
27.3%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.22
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−56.3%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.49
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

ICLN Cost

Cheapest in Clean Energy

$7,706

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • ICLN 0.38%

    $7,706

$10,000
30 years

Cost over time

  • ICLN 0.38%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530ICLN $7,706

Year by year

YearICLN
10$688
20$2,658
30$7,706

Other funds in Clean Energy