ICLN vs VSS: Holdings Overlap
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
How similar are ICLN and VSS?
iShares Global Clean Energy ETF (ICLN, by iShares) holds 123 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 31 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
- 31ICLN holds 123 · VSS holds 4810
- Weight in Shared Holdings
- ICLN 11%·VSS 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
92 of 123 positions (88.4% of the fund) are not held by VSS. 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% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 VSS →
Shared Holdings(31)
The top 10 shared positions account for 78% of the overlap, led by NDX1, BEPC and BLX.
 NDX1Nordex SE | 1.09% | 0.19% | 0.19% |
|---|---|---|---|
 BEPCBrookfield Renewable Corporation CL A EX SUB VTG | 0.44% | 0.13% | 0.13% |
 BLXBoralex Inc | 0.44% | 0.07% | 0.07% |
 DORLIL-SDoral Group Renewable Energy Resources Ltd. | 0.46% | 0.07% | 0.07% |
 SLRSolaria Energia y Medio Ambiente, S.A. | 1.08% | 0.05% | 0.05% |
| O.Y. Nofar Energy Ltd. | 0.29% | 0.05% | 0.05% |
 A336260Doosan Fuel Cell Co Ltd | 1.27% | 0.05% | 0.05% |
 ERGERG SpA | 0.41% | 0.04% | 0.04% |
 A112610CS Wind Corp | 0.41% | 0.03% | 0.03% |
| INOX WIND LTD | 0.67% | 0.02% | 0.02% |
 S92SMA Solar Technology AG NPV (BR) | 0.26% | 0.02% | 0.02% |
| Verbio SE | 0.18% | 0.02% | 0.02% |
 JKSJinkoSolar Holding Co., Ltd., ADR | 0.53% | 0.02% | 0.02% |
| United Renewable Energy Co Ltd/Taiwan | 0.15% | 0.02% | 0.02% |
| TSEC Corp. | 0.44% | 0.02% | 0.02% |
 9958Century Iron & Steel Industrial Co Ltd | 0.29% | 0.01% | 0.01% |
| DAJIN HEAVY INDUSTRY CO LTD | 0.47% | 0.01% | 0.01% |
 1798China Datang Corporation Renewable Power Co Ltd. 'H'CNY1 | 0.23% | 0.01% | 0.01% |
 9519RENOVA Inc | 0.22% | 0.01% | 0.01% |
 6244MOTECH Industries Inc. | 0.25% | 0.01% | 0.01% |
| RISEN ENERGY CO LTD | 0.18% | 0.01% | 0.01% |
| NINGXIA JIAZE NEW ENERGY CO LTD | 0.14% | 0.00% | 0.00% |
| NYOCOR CO LTD-A | 0.14% | 0.00% | 0.00% |
| JIANGSU HAILI WIND POWER EQUIPMENT TECHNOLOGY CO L | 0.12% | 0.00% | 0.00% |
| ZHEJIANG PROVINCIAL NEW ENERGY INVESTMENT GROUP CO | 0.16% | 0.00% | 0.00% |
Frequently Asked Questions
How much do ICLN and VSS overlap?
ICLN and VSS overlap by 0.9% of portfolio weight. They share 31 holdings (ICLN holds 123 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ICLN and VSS?
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 VSS?
The largest positions held by both funds are NDX1, BEPC, BLX, DORLIL-S and SLR. Together the top 10 shared positions account for 78% of the total overlap.
What does ICLN own that VSS doesn't?
92 positions (88.4% of ICLN) are unique to ICLN, led by BE, NXT and FSLR. In the other direction, 4779 positions (98.1% of VSS) are unique to VSS.