iShares Global Clean Energy ETF

$ICLN · BlackRock · tracks S&P Global Clean Energy Index · since 2008

Dividend yield

1.68%

Expense ratio

0.40%

Assets

$2.8B

Weighted P/E

18.4x

About ICLN

Tracks global companies in the clean energy sector including solar, wind, and other renewable energy sources. ICLN provides diversified exposure to the energy transition theme across both developed and emerging markets.

Top holdings

NextEra Energy$NEE First Solar Inc.$FSLR Enphase Energy$ENPH ReNew Energy Global$RNW Ørsted A/S$ORSTED SolarEdge Technologies$SEDG Constellation Energy$CEG Brookfield Renewable$BEP Plug Power Inc.$PLUG Vestas Wind Systems$VWDRY

Sector exposure

Solar Energy32.4%
Wind Energy24.8%
Utilities (Clean)22.6%
Other Renewables12.2%
Other8.0%

How StockWorthy analyses ICLN

ETFs hold companies rather than generating cash flow themselves, so ICLN is assessed on cost, income and the valuation of what it owns: the expense ratio, the current yield against its own 1.42% long-run average, and a holdings-weighted P/E and growth rate built from the underlying positions. Figures are educational and not investment advice.