iShares Global Clean Energy ETF

ICLN

Market cap $2.31B

Iran war accelerates global clean energy shift. Nations are planning to boost solar & wind to cut oil risks.

iShares Global Clean Energy ETF (NASDAQ:ICLN) is the largest of the three funds, with approximately $2.2 billion in assets.

iShares Global Clean Energy ETF (NYSEARCA:ICLN) surged 47% in 2025, but that rally has stalled.

Corecam bought 158,700 shares of ICLN, with an estimated transaction value of $2.65 million based on the quarterly average price. Quarter-end position value was $2.61 million.

Middle East tensions are pushing oil prices higher, fueling a surge in clean energy ETFs as investors eye long-term growth opportunities.

Energy security fears may fast-track the clean energy transition. Clean energy ETFs could be the real winner.

Green ETFs like ICLN are in focus after U.S. clean power installations hit a record 50.3 GW in 2025, as solar, wind and battery storage drive grid expansion.

I downgrade iShares Global Clean Energy ETF (ICLN) to HOLD after a >50% rally and U.S. policy headwinds. ICLN faces significant regulatory risk following an $83B U.S. clean energy loan rollback and repeal of the EPA Endangerment Finding. International diversification and ongoing global monetary easing partially offset U.S. policy risks, but entry point is now less attractive.

The iShares Global Clean Energy ETF has gained 62% in the past year. During the past year, this renewable energy fund has outperformed the S&P 500, the Nasdaq, and some major oil companies.

Green ETFs like ICLN come into focus as global energy transition investments hit a record $2.3 trillion in 2025, led by transport and renewables.