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ETFs

iShares Global Clean Energy ETF

ICLN
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 24 2008
Expense Ratio
0.40%
Type
Global Equities
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$32,163,905
AUM
$3,254,439,060
Associated Index
S&P Global Clean Energy Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

FSLR
First Solar Inc
8.18%
ED
Consolidated Edison, Inc.
7.19%
ENPH
Enphase Energy Inc
6.44%
VWS
Vestas Wind Systems AS
4.87%
IBE
Iberdrola S.A.
4.59%
SEDG
Solaredge Technologies Inc
4.37%
600900
China Yangtze Power Co - Ordinary Shares - Class A
3.48%
EDP
EDP-Energias DE Portugal S.A.
3.20%
9502
Chubu Electric Power Co Inc
2.94%
ORSTED
Orsted A/S
2.82%
Invest with ICLN

What is ICLN?

The iShares S&P Global Clean Energy Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Clean Energy Index.

ETFs related toICLN

ETFs correlated to ICLN include TAN, CNRG, ERTH

ICLN
BlackRock Institutional Trust Company N.A. - iShares Global Clean Energy ETF
TAN
Invesco Capital Management LLC - Invesco Solar ETF
CNRG
SPDR Series Trust - SPDR S&P Kensho Clean Power ETF
ERTH
Invesco Capital Management LLC - Invesco MSCI Sustainable Future ETF
ACES
ALPS Fund Services - ALPS Clean Energy ETF
QCLN
First Trust Exchange-Traded Fund III - First Trust Nasdaq Clean Edge Green Energy Index Fund
GRID
First Trust Exchange-Traded Fund III - First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
PBW
Invesco Capital Management LLC - Invesco WilderHill Clean Energy ETF
KOMP
SPDR Series Trust - SPDR S&P Kensho New Economies Composite ETF
QQQJ
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ Next Gen 100 ETF
IMCG
BlackRock Institutional Trust Company N.A. - iShares Morningstar Mid-Cap Growth ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

ICLN is a Global Equities ETF. The iShares S&P Global Clean Energy Index Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the S&P Global Clean Energy Index.

ICLN tracks the S&P Global Clean Energy Index.

No, ICLN is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ICLN is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ICLN is -0.0555%. This is the percent change in the value of ICLN over the most recent 1-month period. The 3-month return on ICLN is -0.1594%. This is the percent change in the value of ICLN over the most recent 3-month period.

The standard deviation of ICLN for the past year is 0.2466%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to ICLN include KLNE, IGF, and EFAV.

ETFs correlated to ICLN include TAN, CNRG, and ERTH.

ETFs that are inversely correlated to ICLN include SRTY, TZA, and RWM.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.