Ishares Global Clean Etf Profile
| ICLN Etf | USD 12.35 0.10 0.82% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IShares Global is selling at 12.35 as of the 28th of November 2024; that is 0.82 percent increase since the beginning of the trading day. The etf's open price was 12.25. IShares Global has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Note, on March 29, 2024, Senator Thomas R Carper of US Senate acquired $50k to $100k worth of iShares Global Clean's common stock.
The index is designed to track the performance of approximately 100 clean energy-related companies. Global Clean is traded on NASDAQ Exchange in the United States. More on iShares Global Clean
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IShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Name | Leverage Shares -3x Short Clean Energy ETC |
| Business Concentration | Strategy ETFs, Theme ETFs, Energy, Miscellaneous Sector, iShares (View all Sectors) |
| Issuer | iShares |
| Inception Date | 2008-06-24 |
| Benchmark | S&P Global Clean Energy Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.67 Billion |
| Average Trading Valume | 4.95 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | BlackRock Fund Advisors |
| Custodian | State Street Bank and Trust Company |
| Distributor | BlackRock Investments, LLC |
| Portfolio Manager | Jennifer Hsui, Greg Savage, Paul Whitehead, Amy Whitelaw |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | NASDAQ |
| Number of Constituents | 135 |
| Market Maker | Virtu Financial |
| Total Expense | 0.41 |
| Management Fee | 0.41 |
| Country Name | USA |
| Returns Y T D | (20.81) |
| Name | iShares Global Clean Energy ETF |
| Currency Code | USD |
| Open Figi | BBG000BBM0N2 |
| In Threey Volatility | 28.85 |
| 1y Volatility | 29.06 |
| 200 Day M A | 13.8356 |
| 50 Day M A | 13.3896 |
| Code | ICLN |
| Updated At | 27th of November 2024 |
| Currency Name | US Dollar |
iShares Global Clean [ICLN] is traded in USA and was established 2008-06-24. The fund is listed under Miscellaneous Sector category and is part of iShares family. The entity is thematically classified as Strategy ETFs. iShares Global Clean currently have 4.85 B in assets under management (AUM). , while the total return for the last 3 years was -18.6%.
Check IShares Global Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iShares Global Clean Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iShares Global Clean Currency Exposure
iShares Global Clean holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of IShares Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in iShares Global Clean.
Top iShares Global Clean Etf Constituents
| GCPEF | GCL Poly Energy Holdings | Pink Sheet | Solar | |
| CLPXF | China Longyuan Power | Pink Sheet | Utilities—Renewable | |
| IDA | IDACORP | Stock | Utilities | |
| ORA | Ormat Technologies | Stock | Utilities | |
| XEL | Xcel Energy | Stock | Utilities | |
| SSO | ProShares Ultra SP500 | Etf | Trading--Leveraged Equity | |
| SEDG | SolarEdge Technologies | Stock | Information Technology | |
| RUN | Sunrun Inc | Stock | Industrials |
IShares Global Top Holders
| GTAAX | Power Global Tactical | Mutual Fund | Tactical Allocation | |
| GTAIX | Power Global Tactical | Mutual Fund | Tactical Allocation | |
| GLACX | Power Global Tactical | Mutual Fund | Tactical Allocation | |
| QALAX | Quantified Alternative Investment | Mutual Fund | Macro Trading | |
| QALTX | Quantified Alternative Investment | Mutual Fund | Macro Trading |
iShares Global Clean Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IShares Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 1.37 |
IShares Global Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in iShares Global Clean. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The market value of iShares Global Clean is measured differently than its book value, which is the value of IShares that is recorded on the company's balance sheet. Investors also form their own opinion of IShares Global's value that differs from its market value or its book value, called intrinsic value, which is IShares Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IShares Global's market value can be influenced by many factors that don't directly affect IShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if IShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IShares Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.