ICLN

iShares Global Clean Energy ETF

$17.02
+0.00%
Market closed. Last update: 11:36 PM ET

📎 Investment Objective

The iShares Global Clean Energy ETF (ICLN) seeks to track the investment results of an index composed of global companies engaged in the clean energy business.

Overview

ETF tracking iShares Global Clean Energy ETF

Category Energy
Issuer BlackRock
Inception Date 2008-06-25
Market Cap $1.8B
Average Volume N/A
Dividend Yield 1.49%
52-Week Range $10.56 - $18.10
VWAP $17.00

Performance

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Investment Summary

📎 Investment Objective

The iShares Global Clean Energy ETF (ICLN) seeks to track the investment results of an index composed of global companies engaged in the clean energy business.

🎯 Investment Strategy

The ETF invests in a portfolio of global companies that are involved in the clean energy business, such as renewable energy equipment manufacturers, renewable power producers, and companies that develop and operate renewable energy projects. The fund seeks to replicate the performance of the S&P Global Clean Energy Index.

✨ Key Features

  • Provides exposure to a diversified portfolio of global clean energy companies
  • Tracks the S&P Global Clean Energy Index, which includes companies from both developed and emerging markets
  • Low expense ratio of 0.00%
  • Suitable for investors seeking exposure to the growing clean energy sector

⚠️ Primary Risks

  • Concentration risk as the fund is focused on the clean energy sector
  • Exposure to emerging markets, which may have higher volatility
  • Dependence on government policies and regulations related to clean energy
  • Currency risk for international holdings

👤 Best For

This ETF may be suitable for long-term investors seeking exposure to the global clean energy sector as part of a diversified portfolio. Investors should be comfortable with the higher volatility and risks associated with the clean energy industry.