iShares Global Clean Energy ETF Price & Performance (ICLN)

The iShares S&P Global Clean Energy Index ETF closed up 1.77% last Thursday, yet analysts remain cautious due to mixed technical signals. While short-term averages indicate potential gains, falling volume and a negative MACD suggest uncertainty. The ETF is expected to trade between $10.71 and $12.07 over the next three months.12

Sustainability-focused investors may find the iShares Global Clean Energy ETF attractive, as it boasts a high ESG rating and significant involvement in carbon solutions. However, the fund’s fossil fuel exposure is higher than peers, which may concern some backers. No major controversies currently affect its holdings, supporting its ESG credentials.34

The Ishares Global Clean Energy UCITS ETF saw no price change last Thursday, but remains in a short-term downward trend, with a projected 5.6% decline over the next three months. Mixed moving average signals and falling volume warrant close monitoring as the ETF approaches key support and resistance levels.54