ICLN vs MCHI: Holdings Overlap
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
iShares · 580 holdings · $6.3B · as of 2026-05-31
Holdings snapshots are 31 days apart (ICLN: 2026-04-30, MCHI: 2026-05-31). 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 ICLN and MCHI?
iShares Global Clean Energy ETF (ICLN, by iShares) holds 123 positions; iShares MSCI China ETF (MCHI, by iShares) holds 580. They have 14 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
- 14ICLN holds 123 · MCHI holds 580
- Weight in Shared Holdings
- ICLN 12%·MCHI 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
109 of 123 positions (87.2% of the fund) are not held by MCHI. Showing the top 30 by weight.
Only in MCHI
566 of 580 positions (98.8% of the fund) are not held by ICLN. Showing the top 30 by weight.
Sector Breakdown
| Sector | ICLN | MCHI |
|---|---|---|
| Industrials | 32.4% | 1.6% |
| Consumer Discretionary | 0.0% | 21.1% |
| Utilities | 19.4% | 0.5% |
| Communication Services | 0.0% | 17.2% |
| Financials | 0.0% | 14.8% |
| Other Sectors | 13.6% | 15.8% |
| Unclassified | 34.0% | 28.5% |
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, 29% of MCHI).
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% |
| MCHI | +9.3% | -5.2% | -1.0% | +8.7% | -2.2% | +4.3% | 1.94% |
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 MCHI →
Shared Holdings(14)
The top 10 shared positions account for 95% of the overlap, led by 600900, 6WX and 600905.
 600900China Yangtze Power Co Ltd | 5.88% | 0.23% | 0.23% |
|---|---|---|---|
 6WXChina Longyuan Power Group Corp Ltd | 0.84% | 0.08% | 0.08% |
 600905China Three Gorges Renewables Group Co Ltd | 1.03% | 0.04% | 0.04% |
 601012LONGi Green Energy Technology Co Ltd | 1.10% | 0.03% | 0.03% |
 600674Sichuan Chuantou Energy Co Ltd | 0.66% | 0.03% | 0.03% |
 300751Suzhou Maxwell Technologies Co Ltd. A CNY1 | 0.59% | 0.03% | 0.03% |
 688223Jinko Solar Co Ltd | 0.59% | 0.02% | 0.02% |
| CSI Solar Co Ltd | 0.47% | 0.02% | 0.02% |
| HONG KONG DOLLAR | 0.02% | 0.20% | 0.02% |
| TCL Zhonghuan Renewable Energy Technology Co Ltd | 0.31% | 0.01% | 0.01% |
| Trina Solar Co Ltd | 0.36% | 0.01% | 0.01% |
 002459JA Solar Technology Co Ltd | 0.32% | 0.01% | 0.01% |
| CHINESE RENMINBI | 0.00% | 0.07% | 0.00% |
| Euro | 0.02% | 0.00% | 0.00% |
Frequently Asked Questions
How much do ICLN and MCHI overlap?
ICLN and MCHI overlap by 0.5% of portfolio weight. They share 14 holdings (ICLN holds 123 positions and MCHI holds 580), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ICLN and MCHI?
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 MCHI?
The largest positions held by both funds are 600900, 6WX, 600905, 601012 and 600674. Together the top 10 shared positions account for 95% of the total overlap.
What does ICLN own that MCHI doesn't?
109 positions (87.2% of ICLN) are unique to ICLN, led by BE, NXT and FSLR. In the other direction, 566 positions (98.8% of MCHI) are unique to MCHI.