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May 29, 2026
ICLN ETF Climbs +15% in 30 Days and +28% Over the Quarter on Clean Energy Momentum

ICLN ETF Climbs +15% in 30 Days and +28% Over the Quarter on Clean Energy Momentum

Key Takeaways

  • ICLN gained approximately 15% over the past 30 days, driven primarily by rising oil prices and heightened energy security concerns stemming from Middle East tensions.
  • Over the past quarter, the ETF advanced around 28%, reflecting sustained momentum in the clean energy sector amid broader market shifts toward renewables.
  • Key influencing factors include strong performance across global clean energy holdings, accelerated policy support for renewables, and investor rotation into energy transition themes.
  • The ETF’s exposure to companies in solar, wind, and other renewable technologies positioned it to benefit from the surge in demand for alternative energy sources.
  • Market sentiment improved as supply disruptions in traditional energy markets reinforced the case for clean energy diversification.

ICLN Overview and Portfolio Exposure

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.

ICLN Price Performance: Last 30 Days vs. Quarter

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.

What Drove ICLN’s 30-Day Rally

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.

What Supported ICLN’s Quarterly Advance

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.

ICLN ETF Outlook: What Investors Should Watch Next

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.

AI Screener

In my own research process, I often turn to Tickeron’s AI Screener to quickly scan for comparable ETFs and stocks when analyzing sector moves like the one we’ve seen in clean energy. It is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. AI Screener

Disclaimer

The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.

Disclaimers and Limitations

Related Ticker: ICLN

ICLN's Stochastic Oscillator is staying in oversold zone for 8 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 uptrend is expected.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where ICLN's RSI Oscillator exited the oversold zone, of 32 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ICLN advanced for three days, in of 268 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.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on June 26, 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

ICLN moved below its 50-day moving average on June 23, 2026 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for ICLN crossed bearishly below the 50-day moving average on June 18, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ICLN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for ICLN entered a downward trend on July 09, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Notable companies

The most notable companies in this group are First Solar (NASDAQ:FSLR), Enphase Energy (NASDAQ:ENPH), SolarEdge Technologies (NASDAQ:SEDG), Plug Power (NASDAQ:PLUG), Canadian Solar (NASDAQ:CSIQ).

Industry description

The investment seeks to track the investment results of the S&P Global Clean Energy Transition Index composed of global equities in the clean energy sector. The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.

Market Cap

The average market capitalization across the iShares Global Clean Energy ETF ETF is 9.28B. The market cap for tickers in the group ranges from 979.87M to 24.48B. FSLR holds the highest valuation in this group at 24.48B. The lowest valued company is ARRY at 979.87M.

High and low price notable news

The average weekly price growth across all stocks in the iShares Global Clean Energy ETF ETF was -1%. For the same ETF, the average monthly price growth was -3%, and the average quarterly price growth was 11%. SEDG experienced the highest price growth at 5%, while PLUG experienced the biggest fall at -16%.

Volume

The average weekly volume growth across all stocks in the iShares Global Clean Energy ETF ETF was -35%. For the same stocks of the ETF, the average monthly volume growth was -64% and the average quarterly volume growth was -67%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 70
P/E Growth Rating: 41
Price Growth Rating: 52
SMR Rating: 76
Profit Risk Rating: 79
Seasonality Score: 38 (-100 ... +100)
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ICLN ETF Climbs +15% in 30 Days and +28% Over the Quarter on Clean Energy Momentum