ICLN vs VTWO: Holdings Overlap
ICLNiShares Global Clean Energy ETF
iShares · 123 holdings · $2.3B · as of 2026-04-30
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
Holdings snapshots are 31 days apart (ICLN: 2026-04-30, VTWO: 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 VTWO?
iShares Global Clean Energy ETF (ICLN, by iShares) holds 123 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 8 holdings in common, and by portfolio weight the two funds are 2.9% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 2.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8ICLN holds 123 · VTWO holds 1952
- Weight in Shared Holdings
- ICLN 28%·VTWO 3%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
115 of 123 positions (71.5% of the fund) are not held by VTWO. Showing the top 30 by weight.
Only in VTWO
1944 of 1952 positions (96.8% of the fund) are not held by ICLN. Showing the top 30 by weight.
Sector Breakdown
| Sector | ICLN | VTWO |
|---|---|---|
| Industrials | 32.4% | 19.4% |
| Utilities | 19.4% | 2.5% |
| Information Technology | 12.3% | 17.8% |
| Health Care | 0.0% | 15.5% |
| Financials | 0.0% | 14.3% |
| Other Sectors | 1.3% | 25.5% |
| Unclassified | 34.0% | 4.8% |
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, 5% of VTWO).
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% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 VTWO →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by BE, NXT and PLUG.
 BEBloom Energy Corporation COM CL A | 13.70% | 1.83% | 1.83% |
|---|---|---|---|
 NXTNextpower Inc. CLASS A COM | 7.26% | 0.67% | 0.67% |
 PLUGPlug Power Inc COM NEW | 3.27% | 0.15% | 0.15% |
 TET1 Energy Inc. COM NEW | 0.73% | 0.06% | 0.06% |
 SHLSShoals Technologies Group, Inc., Class A | 1.00% | 0.06% | 0.06% |
 ARRYArray Technologies Inc COM SHS | 0.66% | 0.04% | 0.04% |
 REXRex American Resources Corp COM | 0.34% | 0.04% | 0.04% |
 GPREGreen Plains Inc. COM | 0.91% | 0.03% | 0.03% |
Frequently Asked Questions
How much do ICLN and VTWO overlap?
ICLN and VTWO overlap by 2.9% of portfolio weight. They share 8 holdings (ICLN holds 123 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both ICLN and VTWO?
The two portfolios are 2.9% 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 VTWO?
The largest positions held by both funds are BE, NXT, PLUG, TE and SHLS. Together the top 8 shared positions account for 100% of the total overlap.
What does ICLN own that VTWO doesn't?
115 positions (71.5% of ICLN) are unique to ICLN, led by FSLR, 600900 and VWS. In the other direction, 1944 positions (96.8% of VTWO) are unique to VTWO.