The iShares Global Clean Energy ETF (ICLN) seeks to track the S&P Global Clean Energy Index, providing exposure to global equities involved in clean energy production and equipment manufacturing. The fund holds approximately 100 stocks, with significant allocations to companies in solar, wind, and other renewable sectors across developed and emerging markets. Top holdings typically include major players in photovoltaic technology, turbine manufacturing, and clean power generation. This structure makes the ETF particularly sensitive to sector-specific trends in renewables, commodity prices, and government policies supporting the energy transition, which directly explains its recent price appreciation amid favorable macro conditions for clean energy.
Over the last 30 days, ICLN rose approximately 15%, moving from around $20.33 to $23.46. The advance was relatively steady with some volatility, reflecting consistent buying interest as oil prices climbed. In the last quarter, the ETF increased roughly 28%, advancing from levels near $18.33. This quarterly gain occurred amid a broader uptrend, supported by improving fundamentals in the underlying clean energy index and positive sentiment toward renewable infrastructure projects. Both periods showed trend-driven appreciation rather than range-bound trading.
The primary catalyst for the 30-day rally was surging oil prices amid prolonged Middle East tensions and disruptions such as the closure of the Strait of Hormuz, which heightened global energy security concerns and accelerated interest in clean alternatives. This environment boosted performance across ICLN’s top holdings in solar and wind equipment. Sector-wide gains in renewables were amplified by expectations of faster adoption of clean technologies. Institutional flows into clean energy ETFs contributed to the momentum, with the ETF reaching new 52-week highs. The combination of commodity-driven tailwinds and thematic rotation into energy transition stocks accounted for the majority of the price increase.
Over the quarter, the stronger cumulative advance reflected longer-term trends in the clean energy sector, including robust policy support under the current administration that fast-tracked renewable projects to meet construction deadlines for tax incentives. Macroeconomic conditions, such as elevated traditional energy costs and shifting growth expectations toward sustainable infrastructure, reinforced demand. Major holdings in clean power generation and equipment benefited from these dynamics, while broader market cycles favoring decarbonization themes added to the gains. Institutional interest in the sector further supported flows into vehicles like ICLN, resulting in the outsized quarterly performance relative to broader equity markets.
Investors should monitor developments in oil prices and geopolitical tensions in energy-producing regions, as these directly influence the relative attractiveness of clean energy. Key factors include updates on renewable project approvals and policy implementation timelines, performance of major holdings in solar and wind segments, and broader macroeconomic data on inflation and interest rates that affect capital-intensive energy infrastructure. Sector trends in global clean energy capacity additions and any shifts in institutional fund flows into thematic ETFs also warrant attention, along with risks from regulatory changes or commodity price reversals.
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Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where ICLN declined for three days, in of 313 cases, the price declined further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on June 05, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on ICLN as a result. In of 79 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for ICLN turned negative on June 05, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ICLN's RSI Indicator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 5 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
ICLN moved above its 50-day moving average on June 12, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ICLN advanced for three days, in of 269 cases, the price rose further within the following month. The odds of a continued upward trend are .
ICLN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 198 cases where ICLN Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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