ICLN vs SCZ: Holdings Overlap
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
SCZiShares MSCI EAFE Small-Cap ETF
iShares · 2044 holdings · $13.5B · as of 2026-04-30
How similar are ICLN and SCZ?
iShares Global Clean Energy ETF (ICLN, by iShares) holds 123 positions; iShares MSCI EAFE Small-Cap ETF (SCZ, by iShares) holds 2044. They have 19 holdings in common, and by portfolio weight the two funds are 0.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 19ICLN holds 123 · SCZ holds 2044
- Weight in Shared Holdings
- ICLN 6%·SCZ 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
104 of 123 positions (93.8% of the fund) are not held by SCZ. Showing the top 30 by weight.
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% |
| SCZ | +4.1% | +13.5% | +20.2% | +16.6% | +5.9% | +8.6% | 3.07% |
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 SCZ →
Shared Holdings(19)
The top 10 shared positions account for 98% of the overlap, led by ENLT, NDX1 and SLR.
 ENLTEnlight Renewable Energy Ltd. | 1.46% | 0.32% | 0.32% |
|---|---|---|---|
 NDX1Nordex SE | 1.09% | 0.20% | 0.20% |
 SLRSolaria Energia y Medio Ambiente, S.A. | 1.08% | 0.06% | 0.06% |
 ENRGIL-SEnergix Renewable Energies Ltd. | 0.30% | 0.06% | 0.06% |
 DORLIL-SDoral Group Renewable Energy Resources Ltd. | 0.46% | 0.05% | 0.05% |
| O.Y. Nofar Energy Ltd. | 0.29% | 0.05% | 0.05% |
 ERGERG SpA | 0.41% | 0.04% | 0.04% |
 S92SMA Solar Technology AG NPV (BR) | 0.26% | 0.03% | 0.03% |
| Verbio SE | 0.18% | 0.03% | 0.03% |
| Euro | 0.02% | 0.06% | 0.02% |
| HONG KONG DOLLAR | 0.02% | 0.01% | 0.01% |
| JAPANESE YEN | 0.00% | 0.04% | 0.00% |
| ISRAELI SHEKEL | 0.00% | 0.04% | 0.00% |
| NORWEGIAN KRONE | 0.00% | 0.02% | 0.00% |
| GREAT BRITISH POUND | 0.00% | 0.00% | 0.00% |
| DANISH KRONER | 0.00% | 0.01% | 0.00% |
| NEW ZEALAND DOLLAR | 0.00% | 0.00% | 0.00% |
| SWISS FRANC | 0.00% | 0.03% | 0.00% |
| SWEDISH KRONE | 0.00% | 0.02% | 0.00% |
Frequently Asked Questions
How much do ICLN and SCZ overlap?
ICLN and SCZ overlap by 0.9% of portfolio weight. They share 19 holdings (ICLN holds 123 positions and SCZ holds 2044), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ICLN and SCZ?
The two portfolios are 0.9% 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 SCZ?
The largest positions held by both funds are ENLT, NDX1, SLR, ENRGIL-S and DORLIL-S. Together the top 10 shared positions account for 98% of the total overlap.
What does ICLN own that SCZ doesn't?
104 positions (93.8% of ICLN) are unique to ICLN, led by BE, NXT and FSLR. In the other direction, 2025 positions (98.2% of SCZ) are unique to SCZ.