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iShares Global Clean Energy ETF

ICLNNasdaqA

$17.18+0.06 (+0.35%)

At close: Oct 13, 2026, 4:00 PM

Intraday session: up, 79 prints from 17.12 to 17.18. Range 16.99 to 17.25. Use the arrow keys to read each point.17.0017.0517.1517.2510 AM12 PM2 PM4 PM
Expense ratio
0.38%
Fund size
$2.2B
1Y total return
+9.6%
Yield · Last 12 months
1.08%
Holdings
128
Avg volume · 30D
6.2M sh
NAV per share
$17.31
52W range
low $15.63high $23.78
Launched
Filings
SEC EDGAR

The ETF.net ICLN Grade

Based on 5 of 6 pillars

A

Score 82 out of 100

Rank
1 of 17
Six-pillar profile for ICLN. Scores out of 100: Cost 100, Risk 61, Mission not scored, Tradability 83, Holdings 56, Durability 93. Strongest: Cost (100). Weakest: Holdings (56). Based on 5 of 6 pillars.

Score 82 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 17
  • 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.
    B61 out of 100
    Rank 6 of 17
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A83 out of 100
    Rank 4 of 17
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B56 out of 100
    Rank 8 of 17
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A93 out of 100
    Rank 1 of 17

Our read on ICLN

ETF.net Research

AThe 2008 original in clean energy, and still the one most investors trade. Roughly 100 clean-energy companies from around the world in one ticker, for a fee well under the category's typical tab.

Stated mandate

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

Why people hold it

  1. 01Costs 0.39% a year against a clean-energy peer-group median of 0.59%, and no fund in the cohort's top tier charges less.
  2. 02Trading since June 2008 and among the most actively traded funds in the theme, which is rare air for a niche as narrow as this one.
  3. 03Truly global: it tracks the S&P Global Clean Energy Transition Index, about 100 names worldwide, not a US-only slice of the build-out.ishares.com
  4. 04Backed by iShares, the deepest bench in indexing, and the index rulebook (not a manager's hunch) decides what counts as clean energy.

Worth knowing

  1. 01One theme, one sector. Policy changes, rates and project economics move this fund far more than they move a broad market index.
  2. 02Global mandate means mostly non-US stocks, so currency moves ride along with the share prices.
  3. 03About 100 holdings sounds broad, but the theme's biggest names carry real weight in the index.

ICLN Holdings

As of Oct 12, 2026
Asset class
Stocks
Holdings
128
Top-10 weight
52%
Largest holding
BE9.7%

Sectors

  • Renewable Electricity26.6%
  • Heavy Electrical Equipment19.8%
  • Electric Utilities15.0%
  • Semiconductors14.5%
  • Electrical Components & Equipment14.0%
  • Semiconductor Equipment7.4%
  • Oil & Gas Refining & Marketing & Transportation1.7%
  • Independent Power Producers & Energy Traders0.5%
  • Steel0.3%
  • Industrial Machinery & Supplies & Components0.1%

Geography

  • United States36.28%
  • China22.15%
  • Brazil9.03%
  • Denmark5.42%
  • Israel4.67%
  • India4.63%
  • Portugal2.91%
  • Japan2.78%
  • Other countries (14)12.13%

Developed 28% · Emerging 72% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001BEBloom Energy Class A9.70%769,046$216M335
002600900.SSChina Yangtze Power Ltd A8.08%41,503,420$180M66
003FSLRFirst Solar6.97%871,904$155M327
004NXTNextpower Inc6.90%1,781,860$153M210
005EQTL3.SAEquatorial SA4.52%9,892,472$101M73
006ENPHEnphase Energy4.12%2,791,373$92M145
007VWS.COVestas Wind Systems3.93%3,077,391$87M142
008EDP.LSEdp Energias De Portugal2.90%11,990,200$64M100
0099502.TChubu Electric Power Inc2.51%3,320,300$56M89
010PLUGPlug Power2.23%29,580,285$50M87
011ENGI11.SAEnergisa Units2.07%3,338,339$46M62
012CWENClearway Energy Inc Class C1.87%1,379,374$42M147
013SEDGSolaredge Technologies1.87%1,290,757$42M86
014ENLT.TAEnlight Renewable Energy1.79%592,557$40M88
015SUZLON.NSSuzlon Energy1.62%92,540,827$36M33

Showing 1–15 of 128 holdings

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$10,964
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. ICLN $10,964. SPY $12,044. Use the arrow keys to read each point.$9,333$12,467$15,601Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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+4.5%
1 month−4.5%
3 months−11.1%
1 year+9.6%
3 yearsper year+8.2%
5 yearsper year−3.8%
10 yearsper year+8.5%

As of the close, 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+4.5%
2025+47.0%
2024−25.7%
2023−20.4%
2022−5.4%
2021−24.2%
2020+141.8%

ICLN in the news

Filtered to ICLN · IShares

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 Oct 12, 2026.
1.08%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

ICLN Risk

How much the fund’s monthly returns vary, scaled to a year.
27.4%
Annualised · 36 months to Sep 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.
0.21
vs 3-month T-bills · to Sep 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.
−57.1%
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.

ICLN Cost

Expense ratio0.38%
  • The middle half of Clean Energy funds
  • Median 0.59%

No Clean Energy fund charges less.

ICLN costs $38.00 a year on $10,000. The median Clean Energy fund costs $59.00.

Other funds in Clean Energy