ICLN vs IEFA: Holdings Overlap
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
IEFAiShares Core MSCI EAFE ETF
iShares · 2632 holdings · $193.5B · as of 2026-04-30
How similar are ICLN and IEFA?
iShares Global Clean Energy ETF (ICLN, by iShares) holds 123 positions; iShares Core MSCI EAFE ETF (IEFA, by iShares) holds 2632. They have 27 holdings in common, and by portfolio weight the two funds are 0.5% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 27ICLN holds 123 · IEFA holds 2632
- Weight in Shared Holdings
- ICLN 17%·IEFA 1%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 ICLN
96 of 123 positions (82.4% of the fund) are not held by IEFA. Showing the top 30 by weight.
Sector Breakdown
| Sector | ICLN | IEFA |
|---|---|---|
| Industrials | 32.4% | 16.0% |
| Financials | 0.0% | 20.5% |
| Utilities | 19.4% | 3.3% |
| Information Technology | 12.3% | 7.9% |
| Health Care | 0.0% | 8.3% |
| Other Sectors | 1.3% | 26.4% |
| Unclassified | 34.0% | 17.0% |
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 (34% of ICLN, 17% of IEFA).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| ICLN | -5.3% | +11.7% | +34.9% | +4.0% | -3.1% | +8.9% | 1.01% |
| IEFA | +4.2% | +14.8% | +24.5% | +17.9% | +9.3% | +9.8% | 3.25% |
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 ICLN vs IEFA →
Shared Holdings(27)
The top 10 shared positions account for 85% of the overlap, led by VWS, EDP and ORSTED.
 VWSVestas Wind Systems A/S | 3.36% | 0.12% | 0.12% |
|---|---|---|---|
 EDPEDP ENERGIAS DE PORTUGAL SA | 2.33% | 0.07% | 0.07% |
 ORSTEDOrsted A/S | 1.83% | 0.06% | 0.06% |
 ENLTEnlight Renewable Energy Ltd. | 1.46% | 0.05% | 0.05% |
 9502Chubu Electric Power Co Inc. NPV | 2.01% | 0.05% | 0.05% |
 NDX1Nordex SE | 1.09% | 0.03% | 0.03% |
| Euro | 0.02% | 0.17% | 0.02% |
 EDPREDP Renewables SA | 0.89% | 0.02% | 0.02% |
 VERVerbund AG CLASS'A'NPV | 0.50% | 0.02% | 0.02% |
 CENContact Energy Ltd | 0.26% | 0.02% | 0.02% |
 MELMeridian Energy Ltd. | 0.22% | 0.02% | 0.02% |
 ENRGIL-SEnergix Renewable Energies Ltd. | 0.30% | 0.01% | 0.01% |
 SLRSolaria Energia y Medio Ambiente, S.A. | 1.08% | 0.01% | 0.01% |
 ERGERG SpA | 0.41% | 0.01% | 0.01% |
 DORLIL-SDoral Group Renewable Energy Resources Ltd. | 0.46% | 0.01% | 0.01% |
| O.Y. Nofar Energy Ltd. | 0.29% | 0.00% | 0.00% |
 S92SMA Solar Technology AG NPV (BR) | 0.26% | 0.00% | 0.00% |
| Verbio SE | 0.18% | 0.00% | 0.00% |
| HONG KONG DOLLAR | 0.02% | 0.00% | 0.00% |
| JAPANESE YEN | 0.00% | 0.03% | 0.00% |
| GREAT BRITISH POUND | 0.00% | 0.01% | 0.00% |
| NORWEGIAN KRONE | 0.00% | 0.01% | 0.00% |
| ISRAELI SHEKEL | 0.00% | 0.00% | 0.00% |
| DANISH KRONER | 0.00% | 0.00% | 0.00% |
| NEW ZEALAND DOLLAR | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
How much do ICLN and IEFA overlap?
ICLN and IEFA overlap by 0.5% of portfolio weight. They share 27 holdings (ICLN holds 123 positions and IEFA holds 2632), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ICLN and IEFA?
The two portfolios are 0.5% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of ICLN and IEFA?
The largest positions held by both funds are VWS, EDP, ORSTED, ENLT and 9502. Together the top 10 shared positions account for 85% of the total overlap.
What does ICLN own that IEFA doesn't?
96 positions (82.4% of ICLN) are unique to ICLN, led by BE, NXT and FSLR. In the other direction, 2605 positions (98.6% of IEFA) are unique to IEFA.