

iShares Global Clean Energy ETF
$17.18+0.06 (+0.35%)
- 0.38%
- $2.2B
- +9.6%
- 1.08%
- 6.2M sh
- $17.31
- low $15.63high $23.78
The ETF.net ICLN Grade
Score 82 out of 100
- 1 of 17
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 100Rank 1 of 17Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B61 out of 100Rank 6 of 17Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A83 out of 100Rank 4 of 17Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B56 out of 100Rank 8 of 17Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A93 out of 100Rank 1 of 17
Our read on ICLN
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.
The fund seeks to track an index representing global equities in the clean energy sector.
Why people hold it
- Costs 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.
- Trading 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.
- Truly 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
- Backed by iShares, the deepest bench in indexing, and the index rulebook (not a manager's hunch) decides what counts as clean energy.
Worth knowing
- One theme, one sector. Policy changes, rates and project economics move this fund far more than they move a broad market index.
- Global mandate means mostly non-US stocks, so currency moves ride along with the share prices.
- About 100 holdings sounds broad, but the theme's biggest names carry real weight in the index.
ICLN Holdings
- Stocks
- 128
- 52%
- BE
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%
- 12.13%
Developed 28% · Emerging 72%
ICLN Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | ICLN |
|---|---|
| Year to date | +4.5% |
| 1 month | −4.5% |
| 3 months | −11.1% |
| 1 year | +9.6% |
| 3 years | +8.2% |
| 5 years | −3.8% |
| 10 years | +8.5% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | ICLN |
|---|---|---|
| 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
ICLN Dividends
- 1.08%
- $0.18
- $0.06 per share
- Twice a year
Distribution history
ICLN Risk
- 27.4%
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.
- 0.21
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.
- −57.1%
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.
- 1.49
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
- The middle half of Clean Energy funds
- Median 0.59%
No Clean Energy fund charges less.
Other funds in Clean Energy
- AFRNWFidelity Clean Energy ETFExpense ratio 0.39%1 year return +4.1%
- BCNRGState Street SPDR S&P Kensho Clean Power ETFExpense ratio 0.45%1 year return −3.8%
- BIBATiShares Energy Storage & Materials ETFExpense ratio 0.47%1 year return +47.3%
- BFANFirst Trust Global Wind Energy ETFExpense ratio 0.61%1 year return +13.1%
- BQCLNFirst Trust NASDAQ Clean Edge Green Energy Index FundExpense ratio 0.59%1 year return +11.7%




