iShares Global Clean Energy ETF (ICLN) belongs to the Alternative Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ICLN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ICLN
ICLN charges 0.46% annually. There are 4 ETFs in the Alternative Energy Equities category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock World ex U.S. Carbon Transition Readines... | 0.20% | 241.65M | Apr 2021 | ICLN vs LCTD | |
| Fidelity Clean Energy ETF | 0.39% | 140.82M | Oct 2021 | ICLN vs FRNW | |
| SPDR S&P Kensho Clean Power ETF | 0.45% | 263.96M | Oct 2018 | ICLN vs CNRG | |
| Direxion Hydrogen ETF | 0.45% | 21.26M | Mar 2021 | ICLN vs HJEN | |
| iShares Energy Storage & Materials ETF | 0.47% | 89.40M | Mar 2024 | ICLN vs IBAT |
Best Risk-Adjusted Alternatives to ICLN
ICLN has a PortfoliosLab risk / return rank of 91. There are 8 ETFs in the Alternative Energy Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares Energy Storage & Materials ETF | 96 | 89.40M | Mar 2024 | ICLN vs IBAT | |
| Global X Hydrogen ETF | 94 | 167.96M | Jul 2021 | ICLN vs HYDR | |
| Invesco Global Clean Energy ETF | 94 | 232.71M | Jun 2007 | ICLN vs PBD | |
| Macquarie Energy Transition ETF | 94 | 7.61M | Nov 2023 | ICLN vs PWER | |
| Fidelity Clean Energy ETF | 92 | 140.82M | Oct 2021 | ICLN vs FRNW |
Top Performing ICLN Alternatives (YTD)
ICLN is at 44.55% YTD. There are 6 ETFs in the Alternative Energy Equities category with higher YTD returns, going as high as 120.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Hydrogen ETF | 120.59% | 167.96M | Jul 2021 | ICLN vs HYDR | |
| iShares Energy Storage & Materials ETF | 66.56% | 89.40M | Mar 2024 | ICLN vs IBAT | |
| First Trust NASDAQ Clean Edge Green Energy Index F... | 53.57% | 895.30M | Feb 2007 | ICLN vs QCLN | |
| Invesco Solar ETF | 47.13% | 2.29B | Apr 2008 | ICLN vs TAN | |
| Global X CleanTech ETF | 47.09% | 33.81M | Oct 2020 | ICLN vs CTEC |
Lowest Volatility Alternatives to ICLN
ICLN has 26.22% 1-year volatility. There are 10 ETFs in the Alternative Energy Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Solar ETF | 0.00% | 5.05M | Sep 2021 | ICLN vs RAYS | |
| BlackRock World ex U.S. Carbon Transition Readines... | 14.56% | 241.65M | Apr 2021 | ICLN vs LCTD | |
| Global X Funds Global X Renewable Energy Producers... | 15.71% | 30.24M | May 2015 | ICLN vs RNRG | |
| Invesco MSCI Sustainable Future ETF | 16.69% | 151.79M | Oct 2006 | ICLN vs ERTH | |
| First Trust Nasdaq Clean Edge Smart GRID Infrastru... | 19.39% | 11.29B | Nov 2009 | ICLN vs GRID |
Lowest Drawdown Alternatives to ICLN
ICLN has a 1-year max drawdown of -11.22%. There are 7 ETFs in the Alternative Energy Equities category with shallower 1-year drawdowns, going as shallow as -5.95%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Global X Funds Global X Renewable Energy Producers... | -5.95% | 30.24M | May 2015 | ICLN vs RNRG | |
| First Trust Global Wind Energy ETF | -7.71% | 319.68M | Jun 2008 | ICLN vs FAN | |
| Invesco MSCI Sustainable Future ETF | -8.07% | 151.79M | Oct 2006 | ICLN vs ERTH | |
| VanEck Low Carbon Energy ETF | -8.82% | 152.21M | May 2007 | ICLN vs SMOG | |
| Macquarie Energy Transition ETF | -9.07% | 7.61M | Nov 2023 | ICLN vs PWER |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $855B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.50% | 91.90B | May 2020 | ICLN vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -23.36% | 58.12B | Jan 2024 | ICLN vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 75 | 11.70% | 854.92B | May 2000 | ICLN vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | 0.13% | 42.90B | Jul 2002 | ICLN vs TLT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 97 | 101.03% | 38.37B | Jul 2001 | ICLN vs SOXX | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 76 | 9.06% | 40.46B | Jun 2014 | ICLN vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 52 | 5.54% | 36.82B | Apr 2006 | ICLN vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 34 | 4.00% | 69.92B | Jan 2005 | ICLN vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 18.69% | 80.93B | May 2000 | ICLN vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 71 | 13.06% | 32.93B | Mar 2008 | ICLN vs ACWI |
Often Compared With ICLN
Investors most often compare ICLN with INRG.L, PBW, LIT. These 19 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare ICLN with Any Fund or Stock
Compare ICLN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ICLN with funds that move differently
iShares Global Clean Energy ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ICLN.
Explore ICLN Diversifiers