Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
Upturn AI SWOT - About
iShares Global Clean Energy ETF (ICLN)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
04/01/2025: ICLN (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit -30.88% | Avg. Invested days 29 | Today’s Advisory WEAK BUY |
Upturn Star Rating | Upturn Advisory Performance  1.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 2058689 | Beta 1.24 | 52 Weeks Range 10.87 - 15.00 | Updated Date 04/2/2025 |
52 Weeks Range 10.87 - 15.00 | Updated Date 04/2/2025 |
Upturn AI SWOT
iShares Global Clean Energy ETF
ETF Overview
Overview
The iShares Global Clean Energy ETF (ICLN) seeks to track the investment results of an index composed of global equities in the clean energy sector. It provides exposure to companies that produce energy from renewable sources and those involved in related technologies.
Reputation and Reliability
BlackRock is a leading global asset manager with a strong reputation and a long track record of managing ETFs.
Management Expertise
BlackRock has extensive expertise in managing ETFs across various sectors, including clean energy.
Investment Objective
Goal
To track the investment results of an index composed of global equities in the clean energy sector.
Investment Approach and Strategy
Strategy: Tracks the S&P Global Clean Energy Index, which comprises companies involved in clean energy production and related technologies.
Composition Primarily holds stocks of companies in the clean energy sector, including solar, wind, and other renewable energy sources.
Market Position
Market Share: ICLN holds a significant market share in the clean energy ETF sector.
Total Net Assets (AUM): 2640000000
Competitors
Key Competitors
- TAN
- QCLN
- FAN
Competitive Landscape
The clean energy ETF market is competitive, with several ETFs offering exposure to different aspects of the sector. ICLN offers broad global exposure, while competitors may focus on specific technologies or regions. Advantages include BlackRock's brand and large AUM, but it may have higher expense ratios or different index tracking methodologies compared to competitors.
Financial Performance
Historical Performance: Historical performance data can be sourced from financial data providers. The performance is strongly influenced by the performance of the clean energy sector.
Benchmark Comparison: The ETF's performance can be compared to the S&P Global Clean Energy Index to assess its tracking effectiveness.
Expense Ratio: 0.4
Liquidity
Average Trading Volume
ICLN generally exhibits high liquidity with robust average trading volume, making it easy to buy and sell shares.
Bid-Ask Spread
The bid-ask spread for ICLN is typically tight, indicating efficient trading and lower transaction costs.
Market Dynamics
Market Environment Factors
Economic indicators, government policies supporting clean energy, technological advancements, and investor sentiment towards sustainability influence ICLN's performance.
Growth Trajectory
ICLN's growth trajectory is closely tied to the global transition towards clean energy and the adoption of renewable energy technologies.
Moat and Competitive Advantages
Competitive Edge
ICLN benefits from BlackRock's established brand, its large AUM, and the broad diversification provided by its global clean energy index. It offers investors access to a wide range of companies across the clean energy value chain. The ETF's scale and liquidity contribute to efficient trading and lower transaction costs. BlackRock's expertise in ETF management further enhances its appeal to investors.
Risk Analysis
Volatility
ICLN's historical volatility can be significant due to the growth-oriented nature of the clean energy sector and its sensitivity to policy changes and technological disruptions.
Market Risk
Specific risks include regulatory changes, technological obsolescence, competition, and fluctuations in commodity prices that affect the profitability of clean energy companies.
Investor Profile
Ideal Investor Profile
Investors seeking exposure to the global clean energy sector and those with a long-term investment horizon are ideal investors for ICLN.
Market Risk
ICLN is suitable for long-term investors and those seeking thematic exposure to the clean energy sector.
Summary
The iShares Global Clean Energy ETF (ICLN) offers investors a convenient way to gain exposure to the global clean energy sector. As a product of BlackRock, it benefits from a reputable issuer and a well-defined index-tracking strategy. Its performance is tied to the growth and adoption of clean energy technologies worldwide. While it carries risks associated with the sector, it provides a compelling investment option for those seeking to participate in the energy transition.
Similar Companies
ACES
ALPS Clean Energy
ACES
ALPS Clean Energy
FAN
First Trust Global Wind Energy ETF
FAN
First Trust Global Wind Energy ETF
PBW
Invesco WilderHill Clean Energy ETF
PBW
Invesco WilderHill Clean Energy ETF
QCLN
First Trust NASDAQ® Clean Edge® Green Energy Index Fund
QCLN
First Trust NASDAQ® Clean Edge® Green Energy Index Fund
TAN
Invesco Solar ETF
TAN
Invesco Solar ETF
Sources and Disclaimers
Data Sources:
- iShares website
- ETF.com
- Morningstar
- Bloomberg
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Past performance is not indicative of future results. Investment decisions should be made in consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About iShares Global Clean Energy ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.
Upturn is now on iOS and Android!
Experience Upturn on your mobile. Install it now!
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.