ESGD vs ICLN: Holdings Overlap
ESGDiShares ESG Aware MSCI EAFE ETF
iShares · 371 holdings · $12.2B · as of 2026-05-31
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
Holdings snapshots are 31 days apart (ESGD: 2026-05-31, ICLN: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are ESGD and ICLN?
iShares ESG Aware MSCI EAFE ETF (ESGD, by iShares) holds 371 positions; iShares Global Clean Energy ETF (ICLN, by iShares) holds 123. They have 15 holdings in common, and by portfolio weight the two funds are 0.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 15ESGD holds 371 · ICLN holds 123
- Weight in Shared Holdings
- ESGD 1%·ICLN 8%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in ESGD
356 of 371 positions (98.3% of the fund) are not held by ICLN. Showing the top 30 by weight.
Only in ICLN
108 of 123 positions (91.1% of the fund) are not held by ESGD. Showing the top 30 by weight.
Sector Breakdown
| Sector | ESGD | ICLN |
|---|---|---|
| Industrials | 18.0% | 32.4% |
| Financials | 25.4% | 0.0% |
| Utilities | 3.4% | 19.4% |
| Information Technology | 11.2% | 12.3% |
| Health Care | 9.7% | 0.0% |
| Other Sectors | 26.8% | 1.3% |
| Unclassified | 4.9% | 34.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (5% of ESGD, 34% of ICLN).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ESGD | +4.5% | +15.1% | +24.6% | +17.5% | +9.3% | — | 3.18% |
| ICLN | -5.3% | +11.7% | +34.9% | +4.0% | -3.1% | +8.9% | 1.01% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in ESGD vs ICLN →
Shared Holdings(15)
The top 10 shared positions account for 99% of the overlap, led by VWS, EDP and MEL.
 VWSVestas Wind Systems A/S | 0.18% | 3.36% | 0.18% |
|---|---|---|---|
 EDPEDP ENERGIAS DE PORTUGAL SA | 0.18% | 2.33% | 0.18% |
 MELMeridian Energy Ltd. | 0.17% | 0.22% | 0.17% |
 VERVerbund AG CLASS'A'NPV | 0.11% | 0.50% | 0.11% |
 ORSTEDOrsted A/S | 0.11% | 1.83% | 0.11% |
| Euro | 0.26% | 0.02% | 0.02% |
| HONG KONG DOLLAR | 0.00% | 0.02% | 0.00% |
| JAPANESE YEN | 0.02% | 0.00% | 0.00% |
| GREAT BRITISH POUND | 0.03% | 0.00% | 0.00% |
| ISRAELI SHEKEL | 0.00% | 0.00% | 0.00% |
| NORWEGIAN KRONE | 0.00% | 0.00% | 0.00% |
| DANISH KRONER | 0.00% | 0.00% | 0.00% |
| NEW ZEALAND DOLLAR | 0.00% | 0.00% | 0.00% |
| SWEDISH KRONE | 0.01% | 0.00% | 0.00% |
| SWISS FRANC | 0.01% | 0.00% | 0.00% |
Frequently Asked Questions
How much do ESGD and ICLN overlap?
ESGD and ICLN overlap by 0.8% of portfolio weight. They share 15 holdings (ESGD holds 371 positions and ICLN holds 123), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ESGD and ICLN?
The two portfolios are 0.8% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ESGD and ICLN?
The largest positions held by both funds are VWS, EDP, MEL, VER and ORSTED. Together the top 10 shared positions account for 99% of the total overlap.
What does ESGD own that ICLN doesn't?
356 positions (98.3% of ESGD) are unique to ESGD, led by ASML, NOVN and HSBA. In the other direction, 108 positions (91.1% of ICLN) are unique to ICLN.