ICLNiShares Global Clean Energy ETF
ICLN Fund Description
The iShares Global Clean Energy ETF tracks a market-cap-weighted index of 30 of the most liquid companies involved in businesses related to clean energy.
ICLN Factset Analytics Insight
ICLN holds a portfolio of 'clean energy' companies, which it defines as those involved in the biofuels, ethanol, geothermal, hydroelectric, solar and wind industries. Aside from holding the companies that produce energy through these means, ICLN also holds companies that develop technology and equipment used in the process. The fund’s clean energy mandate is slightly different than our benchmark’s “renewable energy” focus which explains ICLN’s low Fit score without invalidating its approach. To hone in on the clean energy theme, ICLN takes large concentrated positions in about 30 companies. Costs are a mixed bag for ICLN: One-off trading costs, as represented by bid/ask spreads, are high while recurring yearly fees are one of the lowest in the segment. Preference to these will depend on time horizon.
ICLN MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 20, 2018 the iShares Global Clean Energy ETF MSCI ESG Fund Quality Score is 6.30 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ICLN ranks in the 93th percentile within its peer group and in the 78th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
ICLN CHARTS AND PERFORMANCE
ICLN Top 10 Countries
ICLN Top 10 Sectors
ICLN Top 10 Holdings [View All]
ICLN Portfolio Management
ICLN Tax Exposures
ICLN Fund Structure
ICLN Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of ICLN. ICLN is rated a 3 out of 5.
ICLN Sector/Industry Breakdown
ICLN TOP 10 HOLDINGS[View All]
ICLN Economic Development
ICLN Performance Statistics
ICLN MSCI ESG Ratings
ICLN BENCHMARK COMPARISON SUMMARY
ICLN BENCHMARK COMPARISON MARKET CAP SIZE