ETF selected: iShares Global Clean Energy UCITS ETF

What's in this ETF?

The ETF invests in companies involved in the production of clean energy or the supply of clean energy equipment and technologies. With assets under management of $3.1 billion, the ETF is one of the market leaders in this field.

The top ten weightings account for 52% of assets under management. They include First Solar (7.7%), Enphase Energy (7.4%), Consolidated Edison (6.5%), Iberdrola (6.3%), Vestas Wind Systems (6.1%), Orsted (4.7%), China Yangtze Power (3.6%), EDP Energias de Portugal (3.4%), Chubu Electric Power (3.4%) and Nextracker (2.7%).

Geographically, investment is mainly in the United States (33.9%), but also in Denmark (10.8%), China (9.4%), Brazil (8.3%), Spain (7.4%), Portugal (5%), India (4.6%), Japan (3.7%), Canada (3.4%) and Germany (2.1%).

Overall, the majority of assets are invested in large-cap companies (over $10 billion). Mid-caps (between $2 and $10 billion) represent 33.3% of the product, while small-caps account for 10.7%.

What are the benefits?

  • This ETF offers diversified exposure through 100 positions in the clean energy sector.
  • Its geographical and market-cap size distribution reinforces the previous point.
  • The sector seems to be recovering after several difficult years.

ETF identity card:

Assets under management (in $M): $3.1 billion millions of euros

Number of positions: 100

ISIN code: IE00B1XNHC34

Ticker: INRG

PEA eligibility: no, but for securities accounts

Fees: 0.65

You can find this ETF on MarketScreener