Data as of Nov 4, 2026.
FAN vs ICLN: Holdings Overlap & Returns
Over the year to Nov 4, 2026, FAN returned +15.1% to ICLN's −2.3%; 11% of their weight is in the same names.
askIQ about this page
askIQ about FAN and ICLN
Net assets: $190m on Nov 3, 2026 for First Trust Global Wind Energy ETF, and $2.1bn on Nov 4, 2026 for iShares Global Clean Energy ETF.
7% of FAN's weight is in S&P 500 companies and 93% is outside the index. Holdings as of Nov 3, 2026.
9% of ICLN's weight is in S&P 500 companies and 91% is outside the index. Holdings as of Nov 3, 2026.
Pair scorecard
ICLN costs 0.22 points a year less; their one-year returns differ by 17.4 points; ICLN is 10.5 times larger.
Points (pts) are percentage points.
| Measure | FAN | ICLN |
|---|---|---|
| Return | ||
| Total return, 1 year | +15.1% | −2.3% |
| Drawdown | ||
| Below its all-time high | 14.9%, high on May 6, 2026 | 54.7%, high on Jun 25, 2008 |
| Against its benchmark | ||
| What it tracks | Clean energy | Clean energy |
| Its benchmark, total return, 1 year | +14.8% | |
| Cost and size | ||
| Expense ratio | 0.60% | 0.38% |
| Net assets, as of Nov 3, 2026 | $190m | $2.0bn |
| Holdings | ||
| Holdings in common | 11% | |
Risk and return
Jul 3, 2008 to Oct 30, 2026 · 956 weekly returnsFrom Jul 2008 to Oct 2026, FAN returned more: +10.1% to −53.6%. FAN swung less: 25.0% to 32.2%. FAN fell slightly less at its worst: −78.1% to −86.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | FAN | ICLN | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +10.1% | −53.6% | FAN | Price change plus distributions, reinvested. |
| Annualized | +0.5% | −4.1% | FAN | Total return as a yearly rate. |
| Price return | −22.1% | −67.8% | FAN | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 25.0% | 32.2% | FAN | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 18.5% | 23.2% | FAN | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −78.1% | −86.1% | FAN (slight) | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.09 | −0.01 | FAN | Return above Treasury bills per unit of volatility. |
| Sortino | 0.12 | −0.02 | FAN | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.01 | −0.05 | FAN | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 956 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FAN and ICLN hold 11% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.
half
11% in common
Only in one fund ↓
Window by window
| Total return | vs its benchmark | |||
|---|---|---|---|---|
| Window | FAN | ICLN | FAN | ICLN |
| 3 months | −1.5% | −8.3% | −1.2 pts vs IWV | not measured |
| 6 months | −14.9% | −21.9% | −19.8 pts vs IWV | not measured |
| 1 year | +15.1% | −2.3% | +0.3 pts vs IWV | not measured |
| 3 years | +66.8% | +27.1% | −14.2 pts vs IWV | not measured |
| Since launchNot the same days: FAN Jun 2008 · ICLN Jun 2008 | +12.2% | −54.7% | not measured | not measured |
Side by side
As of Nov 4, 2026. Source: ETFIQ.
11% of the two portfolios are the same securities at the same weight.
Client brief:
The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.
Over the year to Nov 4, 2026 the fund returned +15.1% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was about even.
By weight, 7% of FAN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 55% of the fund across 45 positions, as published by its issuer for Nov 3, 2026. It sits 14.9% below its all-time high of May 6, 2026.
ICLN
By weight, 9% 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 106 positions, as published by its issuer for Nov 3, 2026. Over the year to Nov 4, 2026 the fund returned −2.3% with distributions reinvested. It sits 54.7% below its all-time high of Jun 25, 2008.
Questions people ask
- Do FAN and ICLN hold the same stocks?
- By their latest filings, 11% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, FAN against ICLN, data as of Nov 4, 2026. https://etfiq.com/compare/themes/fan-vs-icln
ETFIQ. (Nov 4, 2026). FAN against ICLN. Retrieved from https://etfiq.com/compare/themes/fan-vs-icln
[FAN against ICLN (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/themes/fan-vs-icln)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.