As of September 15, 2026, iShares Global Clean Energy ETF (ICLN) trades at $17.56. RSI at 52 is in neutral territory, and the price is below its 50-day average of $18.10.
iShares Global Clean Energy ETF (ICLN)
iShares Global Clean Energy ETF NASDAQ
iShares Global Clean Energy ETF (ICLN) is trading at $17.56, below its 50-day SMA of $18.10 and its 200-day SMA of $18.78. The fund's recent performance shows a YTD return of 6.14%, but has experienced significant declines over the last 3 months (-25.94%). The ETF holds 99.44% stocks and 0.55% cash, with its largest sector concentration in Utilities (40.80%), followed by Technology (32.00%) and Industrials (25.26%).
The fund's strategy focuses on providing diversified exposure to global companies involved in clean energy businesses, including solar, wind, hydroelectric, geothermal, and biofuels. As a passively managed ETF, it offers rules-based access to the clean energy value chain, catering to investors seeking exposure to the renewable energy transition.
ICLN Price Analysis
Market Metrics
ICLN Fund Facts
iShares Global Clean Energy ETF is an exchange-traded fund that provides diversified exposure to global companies involved in clean energy businesses. The fund seeks to track an index of equities tied to renewable power and related technologies, including firms active in solar, wind, hydroelectric, geothermal, biofuels, and energy equipment and services.
Sector weights
Trailing returns vs category
| Period | ICLN | Category |
|---|---|---|
| YTD | 6.14% | 0.00% |
| 1 month | -1.41% | 0.00% |
| 3 months | -25.94% | 0.00% |
| 1 year | 22.01% | 0.00% |
| 3 years | 4.17% | 0.00% |
| 5 years | -4.47% | 0.00% |
| 10 years | 8.33% | 0.00% |
Fund reference data as of Sep 15, 2026. Expense ratio and net assets are reported by the fund; returns are total returns and can differ from price change.
ICLN Analysis
Key support levels are near the current price, with resistance found at the 50-day SMA of $18.10 and the 200-day SMA of $18.78. The CCI at -40.35 suggests a potential for a short-term bounce, but the overall trend remains under pressure.
- Monitor the Utilities and Technology sectors for signs of strength or weakness, as they represent the largest portions of ICLN's holdings.
- Keep an eye on government policies and incentives related to renewable energy, as these can significantly impact the sector's performance.
- Consider the ETF's expense ratio of 0.38% and its impact on long-term returns, especially during periods of modest growth.
The outlook for ICLN is neutral to cautiously optimistic, contingent on a recovery in the clean energy sector. While the long-term thesis for renewable energy remains strong, the ETF's current technicals suggest a period of consolidation or potential further downside before a significant upward move. A break above the 50-day SMA ($18.10) and subsequently the 200-day SMA ($18.78) would be necessary to signal a bullish reversal.
Key factors to watch include global policy support for clean energy, advancements in renewable technologies, and the broader macroeconomic environment. If the sector can overcome current headwinds and demonstrate sustained earnings growth among its constituents, ICLN could see a recovery towards its 2025 highs. The projected base case price of $22.99 for 2030 indicates potential for long-term growth, but significant volatility is expected.
Market Correlations
How this etf moves relative to other assets
Based on 1 year of daily price data. Correlations may vary over different time periods.
How does any other asset move with ICLN? One year of daily closes, Pearson correlation.
Key Statistics
| Yield | 1.05% |
|---|---|
| Day High | $17.70 |
| Day Low | $17.37 |
| 52 Week High | 23.78 |
| 52 Week Low | 13.65 |
The underlying sector's health is influenced by global policy shifts towards renewable energy and technological advancements. While the long-term trend for clean energy is positive, sector-specific headwinds such as supply chain issues, regulatory changes, or shifts in commodity prices can impact performance. The fund's asset allocation is predominantly in stocks (99.44%), with minimal cash holdings.
Earnings & Growth Analysis
Key Risks
Technical Indicators
| RSI (14) | 52.16 |
|---|---|
| MACD | -0.11 |
| SMA 50 | 18.10 |
| SMA 200 | 18.78 |
ICLN Trade Plans
Specific entry, exit, and risk management levels
Entry Strategies pick an entry style
Risk Management
Profit Targets (Based on Conservative Entry)
Growth of $10,000
A $10,000 investment in ICLN in September 2016 would be worth about $19,254 today, compared with about $35,344 for the same investment in the S&P 500 benchmark.
Compare with Another Ticker
Monte Carlo Projection (10yr)
CleaRank's 10-year Monte Carlo simulation projects that a $10,000 investment in ICLN today could grow to about $19,618 by 2036 in the base case, with a bull case near $60,155 and a bear case around $6,398. Projections are statistical simulations, not guarantees.
ICLN ETF Price Prediction: 2030
CleaRank's simulation projects a price near $22.99 for ICLN by 2030 in the base case, from $17.56 today (1.3x over 4 years). The downside path ends near $11.32. These are outcomes of a Monte Carlo simulation run on ICLN's historical return distribution, not price targets, and they assume no dividends are reinvested.
| Year | Downside (10th pct) | Base case | Upside (90th pct) |
|---|---|---|---|
| 2027 | $13.18 | $18.78 | $26.77 |
| 2028 | $12.17 | $20.09 | $33.16 |
| 2029 | $11.64 | $21.49 | $39.71 |
| 2030 | $11.32 | $22.99 | $46.70 |
| 2031 | $11.14 | $24.60 | $54.32 |
| 2032 | $11.05 | $26.31 | $62.67 |
| 2033 | $11.02 | $28.14 | $71.86 |
| 2034 | $11.05 | $30.11 | $82.01 |
| 2035 | $11.12 | $32.20 | $93.23 |
| 2036 | $11.24 | $34.45 | $106 |
Method: 10,000 simulated price paths using ICLN's historical volatility and drift, re-run daily. The base case is the median path; the two outer columns are the 10th and 90th percentile outcomes, which widen with time because uncertainty compounds. Simulations are not guarantees, and past volatility does not predict future returns. This is analysis, not investment advice.