Data as of . Every figure is the themes desk's own, on published data.
ICLN vs XAR
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 XAR hold 0% of their money in the same securities at the same weight.
| Only in ICLN | Only in XAR |
|---|---|
| BLOOM ENERGY CORPORATION 13.79% | VSE Corp 3.40% |
| NEXTPOWER INC. 7.31% | Axon Enterprise Inc 3.23% |
| FIRST SOLAR, INC. 7.18% | StandardAero Inc 3.11% |
| China Yangtze Power Co., Ltd. 5.92% | FTAI Aviation Ltd 3.09% |
| VESTAS WIND SYSTEMS A/S 3.38% | Carpenter Technology Corp 3.04% |
| PLUG POWER INC. 3.29% | General Electric Co 3.02% |
| ENPHASE ENERGY, INC. 3.26% | Woodward Inc 2.98% |
| EQUATORIAL S.A. 2.90% | HEICO Corp 2.86% |
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
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| ICLN | XAR | ICLN | XAR | ICLN | XAR | |
| 3 months | −16.4% | −7.2% | −21.1 pts | −11.9 pts | −18.5 pts | −9.3 pts |
| 6 months | +2.2% | −9.4% | −12.9 pts | −24.5 pts | −17.9 pts | −29.5 pts |
| 1 year | +25.3% | +17.9% | +5.3 pts | −2.1 pts | −0.3 pts | −7.7 pts |
| 3 years | +17.5% | +113.8% | −60.4 pts | +35.9 pts | −75.9 pts | +20.3 pts |
| Since launch | +10.6% | +1074.6% | −800.8 pts | +314.2 pts | −1673.5 pts | −342.9 pts |
| ICLN iShares Global Clean Energy ETF | XAR State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF | |
|---|---|---|
| Issuer | iShares | State Street |
| Theme | Clean energy | Defense |
| In the S&P 500 | 7.2% | 32.4% |
| Active share vs the S&P 500 | 100.0% | 97.9% |
| In the Nasdaq-100 | 0.0% | 3.2% |
| Holdings | 122 | 48 |
| Top ten, share of the fund | 51.8% | 30.4% |
| Expense ratio | 0.38% | 0.35% |
| Fee for the differing part | 0.38% | 0.36% |
| Total return, 1 year | +25.3% | +17.9% |
| vs the S&P 500 | +5.3 pts | −2.1 pts |
| vs the Nasdaq-100 | −0.3 pts | −7.7 pts |
| Below its high | −42.8% | −14.8% |
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.
XAR in plain words
By weight, 32% of XAR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 98%. The top ten holdings are 30% of the fund across 48 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +17.9% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 2.1 pts. It sits 14.8% below its all-time high of Aug 14, 2026.
Questions people ask
- Do ICLN and XAR 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 XAR?
- ICLN has 7% of its weight in S&P 500 names and XAR has 32%, so ICLN differs more from the index.
- Which is cheaper, ICLN or XAR?
- ICLN charges 0.38% a year and XAR charges 0.35%, so XAR is cheaper. Fees come from each fund's prospectus.
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.
Cite this page. ETFIQ, ICLN against XAR, data as of Sep 4, 2026. https://etfiq.com/compare/themes/ICLN-XAR.html Free to use with attribution; the underlying files are at Open data.