ATLASiShares Global Clean Energy ETF (ICLN): outlook, holdings and fees
iShares Global Clean Energy ETF (ICLN) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.40% and the yield is 1.09%. The ten largest holdings are 52% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on ICLN
| Last price | $15.82 (+3.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 52% |
| Likely 1-month range (50%) | $15.17 – $16.59 |
| Normal 1-day range (±1σ) | ±1.5% |
| Distribution yield | 1.09% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
ICLN fund facts
| Issuer | iShares |
|---|---|
| Theme | Clean energy |
| Assets under management | $2.2B |
| Expense ratio | 0.40% |
| Number of holdings | 102 |
| Portfolio turnover | 53% |
| Inception | Jun 24, 2008 |
| Exchange | NASDAQ |
The fund seeks to track the investment results of the index designed to track the performance of approximately 100 clean energy-related companies. The index is a subset of the S&P Global Broad Market Index and includes stocks traded on developed and emerging market exchanges which meet or exceed, at the time of inclusion, $300 million in total market capitalization, $100 million in float-adjusted market capitalization, and $3 million median daily value traded over a six-month period. It is non-diversified.
ICLN top holdings
| Holding | Sector | Weight |
|---|---|---|
| Bloom Energy Corp BE | Industrials | 10.09% |
| China Yangtze Power Co Ltd 600900 | Utilities | 8.07% |
| First Solar Inc FSLR | Technology | 6.64% |
| Nextpower Inc. NXT | Technology | 6.60% |
| Equatorial Energia S.A EQTL3 | Utilities | 4.32% |
| Enphase Energy Inc ENPH | Technology | 4.02% |
| Vestas Wind Systems A/S VWS | Industrials | 3.96% |
| EDP - Energias de Portugal S.A. EDP | Utilities | 3.00% |
| Chubu Electric Power Co. Inc. 9502 | Utilities | 2.57% |
| Plug Power Inc PLUG | Industrials | 2.22% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
ICLN sector breakdown
| Sector | Weight |
|---|---|
| Utilities | 42.6% |
| Technology | 30.2% |
| Industrials | 25.3% |
| Basic Materials | 1.9% |
By region: North America 39.1%, Asia Emerging 27.3%, Europe Developed 13.9%, Latin America 9.3%, Asia Developed 4.0%.
ICLN returns and risk
| Year to date | +5.7% |
|---|---|
| 1 year | +8.4% |
| 3 years (annualised) | +9.4% |
| 5 years (annualised) | -3.0% |
| 10 years (annualised) | +8.8% |
| Volatility (3 years) | 28.6% |
| Sharpe ratio (3 years) | 0.21 |
Past returns do not guarantee future results.
ICLN: frequently asked questions
What does ICLN invest in?
iShares Global Clean Energy ETF invests in a portfolio of securities. Its largest holdings are Bloom Energy Corp (10.1%), China Yangtze Power Co Ltd (8.1%), First Solar Inc (6.6%), Nextpower Inc. (6.6%), Equatorial Energia S.A (4.3%).
What is the ICLN expense ratio?
0.40% a year: about $40.00 for every $10,000 invested.
What is the ICLN dividend yield?
1.09%. ATLAS does not hold the exact distribution dates for ETFs.
Will ICLN go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 52%, with a likely range (50%) of $15.17 to $16.59 from $15.82 today. It is a probability, not a prediction.
How has ICLN performed?
Year to date +5.7%, one year +8.4%, three years +9.4% a year, five years -3.0% a year. Past returns do not guarantee future results.
Similar ETFs: Clean energy
Educational information, not investment advice. Disclaimer