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Data as of . Every figure is the themes desk's own, on published data.

ICLN vs IFRA

iShares Global Clean Energy ETF and iShares U.S. Infrastructure ETF, side by side on the themes desk.

0% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, ICLN and IFRA hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ICLNOnly in IFRA
BLOOM ENERGY CORPORATION 13.79%CATERPILLAR INC. 4.57%
NEXTPOWER INC. 7.31%NEXTERA ENERGY, INC. 3.97%
FIRST SOLAR, INC. 7.18%UNION PACIFIC CORPORATION 3.88%
China Yangtze Power Co., Ltd. 5.92%QUANTA SERVICES, INC. 3.77%
VESTAS WIND SYSTEMS A/S 3.38%CSX Corporation 3.10%
PLUG POWER INC. 3.29%THE SOUTHERN COMPANY 2.92%
ENPHASE ENERGY, INC. 3.26%DUKE ENERGY CORPORATION 2.67%
EQUATORIAL S.A. 2.90%CRH PUBLIC LIMITED COMPANY 2.51%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

ICLN and IFRA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
ICLNIFRAICLNIFRAICLNIFRA
3 months−16.4%−3.0%−21.1 pts−7.7 pts−18.5 pts−5.1 pts
6 months+2.2%+2.3%−12.9 pts−12.8 pts−17.9 pts−17.8 pts
1 year+25.3%+16.3%+5.3 pts−3.7 pts−0.3 pts−9.3 pts
3 years+17.5%+63.9%−60.4 pts−14.1 pts−75.9 pts−29.6 pts
Since launch+10.6%+173.3%−800.8 pts−55.9 pts−1673.5 pts−199.2 pts
Open the live comparison on ETFIQ
ICLN and IFRA on the themes desk fields, as of Sep 4, 2026. Source: ETFIQ.
ICLN
iShares Global Clean Energy ETF
IFRA
iShares U.S. Infrastructure ETF
IssueriSharesiShares
ThemeClean energyInfrastructure
In the S&P 5007.2%75.7%
Active share vs the S&P 500100.0%95.4%
In the Nasdaq-1000.0%10.0%
Holdings122161
Top ten, share of the fund51.8%32.4%
Expense ratio0.38%not published
Fee for the differing part0.38%not published
Total return, 1 year+25.3%+16.3%
vs the S&P 500+5.3 pts−3.7 pts
vs the Nasdaq-100−0.3 pts−9.3 pts
Below its high−42.8%−7.5%

ICLN in plain words

By weight, 7% of ICLN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 52% of the fund across 122 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +25.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 5.3 pts. It sits 42.8% below its all-time high of Jan 7, 2021.

IFRA in plain words

By weight, 76% of IFRA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 95%. The top ten holdings are 32% of the fund across 161 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +16.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 3.7 pts. It sits 7.5% below its all-time high of Jun 25, 2026.

Questions people ask

Do ICLN and IFRA hold the same stocks?
By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, ICLN or IFRA?
ICLN has 7% of its weight in S&P 500 names and IFRA has 76%, so ICLN differs more from the index.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

ICLN against IFRA, ETFIQ, data as of Sep 4, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ICLN against IFRA, data as of Sep 4, 2026. https://etfiq.com/compare/themes/ICLN-IFRA.html Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources