(ICLN) Global Clean Energy - Overview

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US4642882249

Etf: Solar, Wind, Hydro, Battery, Grid

Total Rating 75
Risk 73
Buy Signal 0.20
Risk 5d forecast
Volatility 25.2%
Relative Tail Risk -3.03%
Reward TTM
Sharpe Ratio 2.09
Alpha 58.83
Character TTM
Beta 0.640
Beta Downside 0.554
Drawdowns 3y
Max DD 45.41%
CAGR/Max DD 0.02

Description: ICLN Global Clean Energy January 15, 2026

The iShares Global Clean Energy ETF (ICLN) tracks an index of roughly 100 companies engaged in clean-energy activities. The fund must hold at least 80% of its assets in the index constituents or securities that are “substantially identical,” while up to 20% can be allocated to futures, options, swaps, cash, or non-index securities; it is classified as a non-diversified ETF.

Key quantitative points: as of the latest filing, ICLN manages about $6 billion in assets with a net expense ratio of 0.46 %. Its top holdings include Enphase Energy, Vestas Wind Systems, and Plug Power, together accounting for roughly 15 % of the portfolio. The fund’s performance is closely tied to macro drivers such as global solar-PV installations (+ 12 % YoY in 2023) and the U.S. Inflation Reduction Act, which extends tax credits for wind and solar projects through 2032.

For a deeper, data-rich analysis of ICLN’s risk-adjusted return profile, you may find ValueRay’s interactive dashboards useful.

Altman Z''

Beneish M

DSRI: none (Receivables none/none, Revenue 0.0/0.0)
GMI: 1.00 (fallback, negative margins)
AQI: none (AQ_t none / AQ_t-1 none)
SGI: none (Revenue 0.0 / 0.0)
TATA: none (NI 0.0 - CFO 0.0) / TA none)
Beneish M-Score: cannot calculate (missing components)

What is the price of ICLN shares?

As of February 20, 2026, the stock is trading at USD 18.81 with a total of 3,953,781 shares traded.
Over the past week, the price has changed by -0.05%, over one month by +8.56%, over three months by +15.53% and over the past year by +70.76%.

Is ICLN a buy, sell or hold?

Global Clean Energy has no consensus analysts rating.

What are the forecasts/targets for the ICLN price?

Issuer Target Up/Down from current
Wallstreet Target Price - -
Analysts Target Price - -

ICLN Fundamental Data Overview February 17, 2026

Revenue TTM = 0.0 USD
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 2.10b USD (2.10b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 2.10b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 2.10b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.27% (E(2.10b)/V(2.10b) * Re(8.27%) + (debt-free company))
Discount Rate = 8.27% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)

Additional Sources for ICLN ETF

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle