PairBook
Home › ETFs › ICLN

ICLN correlations (iShares Global Clean Energy ETF)

ICLN measured against 4756 US stocks and ETFs: closest co-movers on one side, the best offsets on the other, all from weekly returns.

Data as of 2026-08-27 · refreshed every trading day · Thematic

Volatility (ann.)
24.0%
3y weekly
Beta vs S&P 500
0.78
3y weekly
1-year return
+25.6%
price, adjusted
5-year return
-18.4%
price, adjusted
Expense ratio
0.39%
annual
Assets
$2.3B
under management
Dividend yield
1.05%
trailing
Max drawdown
-34.6%
3y, daily closes
0%0%+62%2025-09-052026-08-27
ICLN over the last 12 months, weekly closes indexed to 100 at the start.

Stocks and ETFs most correlated with ICLN

AssetCorrelation (3Y)
TANInvesco Solar ETF0.89
FSLRFirst Solar0.72
RUNSunrun Inc.0.71
BLDPBallard Power Systems, Inc.0.68
NXTNextpower Inc.0.66
AMRCAmeresco, Inc.0.63
ARRYArray Technologies, Inc.0.62
ENPHEnphase Energy, Inc.0.61
IEMGiShares Core MSCI Emerging Markets ETF0.59
VWOVanguard FTSE Emerging Markets ETF0.58
EEMiShares MSCI Emerging Markets ETF0.58
STKColumbia Seligman Premium Technology Growth Fund Inc0.57
VEAVanguard FTSE Developed Markets ETF0.57
ORAOrmat Technologies, Inc.0.56
EMFTempleton Emerging Markets Fund0.56

Best diversifiers for ICLN

The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from ICLN.

AssetCorrelation (3Y)
VXXiPath Series B S&P 500 VIX Short-Term Futures ETN-0.37
FNGDMicroSectors FANG Index -3X Inverse Leveraged ETNs due-0.35
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN-0.31
RSGRepublic Services-0.22
WMWaste Management-0.20
FCNFTI Consulting, Inc.-0.18
EHGOEshallgo Inc. - Class A-0.18
OPADOfferpad Solutions Inc.-0.18
PGRProgressive Corporation-0.17
MRSHMarsh McLennan-0.17

ICLN vs benchmarks

ICLN vs SPY 0.47 ICLN vs QQQ 0.46

ICLN vs its peers

ICLN vs TAN 0.89 ICLN vs SOXX 0.53 ICLN vs SMH 0.49 ICLN vs ARKK 0.44 ICLN vs XBI 0.42

Get ICLN data as JSON

Free API · no key required
$ curl https://www.pairbook.io/api/v1/symbols/icln.json

Correlations, diversifiers, beta and volatility for ICLN, plus one endpoint per pair. API documentation.

ICLN holdings overlap with other ETFs

ETFOverlapCorrelation (3Y)
ICLN vs MTUMiShares MSCI USA Momentum Factor ETF0.7%0.40
ICLN vs IEFAiShares Core MSCI EAFE ETF0.6%0.54
ICLN vs EFAiShares MSCI EAFE ETF0.5%0.53
ICLN vs VEAVanguard FTSE Developed Markets ETF0.5%0.57
ICLN vs VWOVanguard FTSE Emerging Markets ETF0.5%0.58
ICLN vs MDYSPDR S&P MidCap 400 ETF0.4%0.49
ICLN vs USMViShares MSCI USA Min Vol Factor ETF0.4%0.30
ICLN vs EEMiShares MSCI Emerging Markets ETF0.3%0.58
ICLN vs IEMGiShares Core MSCI Emerging Markets ETF0.3%0.59
ICLN vs IWMiShares Russell 2000 ETF0.3%0.53
ICLN vs VTVanguard Total World Stock ETF0.3%0.55
ICLN vs ACWIiShares MSCI ACWI ETF0.2%0.54
ICLN vs EWJiShares MSCI Japan ETF0.2%0.47
ICLN vs RSPInvesco S&P 500 Equal Weight ETF0.2%0.49
ICLN vs VUGVanguard Growth ETF0.2%0.42
ICLN vs SCHDSchwab US Dividend Equity ETF0.1%0.36
ICLN vs SPYGSPDR Portfolio S&P 500 Growth ETF0.1%0.42
ICLN vs VTIVanguard Total Stock Market ETF0.1%0.49
ICLN vs XLKTechnology Select Sector SPDR Fund0.1%0.44
ICLN vs DGROiShares Core Dividend Growth ETF0%0.43
ICLN vs DIASPDR Dow Jones Industrial Average ETF0%0.41
ICLN vs FXIiShares China Large-Cap ETF0%0.30
ICLN vs IBBiShares Biotechnology ETF0%0.38
ICLN vs IVViShares Core S&P 500 ETF0.0%0.47
ICLN vs QQQInvesco QQQ Trust0%0.46
ICLN vs QQQMInvesco Nasdaq 100 ETF0%0.46
ICLN vs QUALiShares MSCI USA Quality Factor ETF0%0.42
ICLN vs SOXXiShares Semiconductor ETF0%0.53
ICLN vs SPYSPDR S&P 500 ETF Trust0.0%0.47
ICLN vs SPYVSPDR Portfolio S&P 500 Value ETF0%0.44
ICLN vs VIGVanguard Dividend Appreciation ETF0%0.43
ICLN vs VNQVanguard Real Estate ETF0%0.39
ICLN vs VOOVanguard S&P 500 ETF0.0%0.47
ICLN vs VTVVanguard Value ETF0%0.43
ICLN vs VYMVanguard High Dividend Yield ETF0.0%0.45
ICLN vs XLBMaterials Select Sector SPDR Fund0%0.45
ICLN vs XLCCommunication Services Select Sector SPDR Fund0%0.29
ICLN vs XLEEnergy Select Sector SPDR Fund0%0.05
ICLN vs XLFFinancial Select Sector SPDR Fund0%0.26
ICLN vs XLIIndustrial Select Sector SPDR Fund0%0.42
ICLN vs XLPConsumer Staples Select Sector SPDR Fund0%0.18
ICLN vs XLREReal Estate Select Sector SPDR Fund0%0.37
ICLN vs XLUUtilities Select Sector SPDR Fund0%0.29
ICLN vs XLVHealth Care Select Sector SPDR Fund0%0.18
ICLN vs XLYConsumer Discretionary Select Sector SPDR Fund0%0.42