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ICLNvsSETMETF Comparison

ETF 1
ICLN

iShares Global Clean Energy ETF

This fund is part of
Alternative Energy
+1.76%
Full ICLN fund page
VS
ETF 2
SETM

Sprott Energy Transition Materials ETF

This fund is part of
Alternative Energy
+1.76%
Full SETM fund page

iShares Global Clean Energy ETF (ICLN) and Sprott Energy Transition Materials ETF (SETM) belong to the same industry segment: Alternative Energy. ICLN's top 3 sector exposures are Utilities, Industrials and Information Technology. In contrast, SETM's top sector exposures are Materials, Energy and Industrials. ICLN is less expensive with a Total Expense Ratio (TER) of 0.39%, versus 0.65% for SETM. ICLN is up 11.44% year-to-date (YTD) with +$22M in YTD flows. SETM performs better with 18.13% YTD performance, and +$251M in YTD flows. Run a side-by-side ETF comparison of ICLN and SETM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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ICLN vs SETM performance and flow charts

Performance

-10-50510%Feb 9Feb 17Feb 24Mar 3Mar 10

Cumulative Flows

-10 M0 M10 M20 M30 M40 M50 MFeb 9Feb 17Feb 24Mar 3Mar 10

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 03/10/2026
1M3MYTD1Y3Y5Y
Perf.
ICLN
SETM
-3.24%-4.28%
+10.26%+22.77%
+11.44%+18.13%
+62.65%+142.85%
+0.17%+109.29%
-18.36%n/a
Flows
ICLN
SETM
+$45M+$45M
+$35M+$303M
+$22M+$251M
+$75M+$418M
-$1.82B+$453M
-$1.09B-
Volatility and drawdown
3M1Y3Y5Y
Volatility
ICLN
SETM
+25.48%+42.91%
+23.11%+35.48%
+22.28%+29.49%
+25.82%n/a
Max drawdown
ICLN
SETM
-8.79%-16.07%
-10.55%-25.24%
-44.77%-41.59%
-56.66%n/a
Max drawdown duration
ICLN
SETM
13d40d
77d77d
1016d427d
1590dn/a
Trading data

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ICLN
SETM
Last sale
3/11/2026 at 1:30 PM
$18.51
$35.66
Previous close
03/10/2026
$18.25
$35.69
Consolidated volume
03/10/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of February 27, 2026
1-year trailing difference

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ICLN
SETM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 3/11/2026 at 1:30 PM
Live
Closed
ICLN
SETM
Last price
$18.51
$35.66
1D performance
+1.42%
-0.08%
AuM$2.14 B$537.51 M
E/R0.39%0.65%
Characteristics
ICLN
SETM
Management strategyPassivePassive
ProvideriSharesSprott ETFs
BenchmarkS&P Global Clean Energy Transition IndexNasdaq Sprott Energy Transition Materials Index
N° of holdings9071
Asset classEquitiesEquities
Trailing 12m distribution yield
Join
Join
Inception dateJune 24, 2008February 1, 2023
ESGYesYes
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Exposure

Countries

ICLN
USA
44.58%
China
17.32%
Brazil
7.97%
Spain
7.67%
Other
22.46%
SETM
Canada
30.03%
USA
26.02%
Australia
21.59%
Other
22.36%

Sectors

ICLN
Utilities
40.87%
Industrials
28.2%
Information Techn.
14.65%
Other
16.28%
SETM
Materials
58.73%
Energy
21.94%
Other
19.33%
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Diversification

ICLN

Total weight of top 15 holdings out of 15

60.94%
SETM

Total weight of top 15 holdings out of 15

55.35%

Top 15 holdings

Data as of January 31, 2026
ICLN
BLOOM ENERGY CORP
10.56%
US65290E1010
9.94%
FIRST SOLAR
6.77%
IBERDROLA SA
5.47%
YANGTZE POWER
4.38%
ORMAT TECHNOLOGIES
3.56%
ENPHASE ENERGY
2.99%
EQUATORIAL ENERGIA
2.83%
VESTAS WIND SYSTEMS
2.68%
ENERGIAS DE PORTUGAL
2.15%
SUNRUN
2.05%
PLUG POWER
1.94%
ORSTED
1.91%
SUZLON ENERGY
1.88%
CLEARWAY ENERGY INC
1.84%
SETM
US63253R2013
5.41%
FREEPORT-MCMORAN INC
5.09%
CAMECO
5.06%
ALBEMARLE
4.77%
URANIUM ENERGY
4.19%
PILBARA MINERALS
4.09%
LYNAS RARE EARTHS LIMITED
3.98%
FIRST MAJESTIC SILVER
3.70%
MP MATERIALS CORPORATION
3.45%
PALADIN ENERGY
3.11%
TECK RESOURCES LIMITED
2.62%
ANTOFAGASTA
2.57%
NEXGEN ENERGY LTD
2.47%
LUNDIN MINING
2.44%
DENISON MINES
2.40%
Frequently asked questions about ICLN and SETM

How have the ICLN and SETM ETFs performed in 2026?

As of March 10, 2026, ICLN is up 11.44% year-to-date (YTD), while SETM has returned 18.13%. That puts SETM better performer ahead so far this year.

Which ETF is attracting more investor money: ICLN or SETM?

Year-to-date, the ICLN ETF saw +$22M in flows, compared to +$251M for SETM.

Which ETF is more volatile: ICLN or SETM?

Over the past year, ICLN had a volatility of 23.11%, while SETM experienced 35.48%.

Which ETF is bigger: ICLN or SETM?

As of March 10, 2026, ICLN holds $2.14 B in assets under management (AUM), while SETM manages $537.51 M.

What sectors do the ICLN and SETM ETFs invest in?

ICLN leans toward sectors like Utilities, Industrials and Information Technology. Meanwhile, SETM focuses on Materials and Energy.

What are the top holdings of the ICLN ETF and SETM ETF?

ICLN top holdings include BLOOM ENERGY CORP, US65290E1010 and FIRST SOLAR. SETM holds in its top three: US63253R2013, FREEPORT-MCMORAN INC and CAMECO.

Which ETF is more diversified: ICLN or SETM?

ICLN holds 101 securities with 60.94% of its assets in the top 15. SETM has 84 securities and a top 15 weight of 55.35%.

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