ICLN vs. VCLN ETF Comparison

Comparison of iShares S&P Global Clean Energy Index Fund (ICLN) to Virtus Duff & Phelps Clean Energy ETF (VCLN)

ICLN

iShares S&P Global Clean Energy Index Fund

ICLN Description

The investment seeks to track the investment results of an index composed of global equities in the clean energy sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Global Clean Energy IndexTM (the "underlying index"), which is designed to track the performance of approximately 30 of what is expected to be the most liquid and tradable securities of global companies involved in clean energy related businesses. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.25

Average Daily Volume

3,490,705

Number of Holdings ^*

* may have additional holdings in another (foreign) market

VCLN

Virtus Duff & Phelps Clean Energy ETF

VCLN Description

The investment seeks capital appreciation. Under normal market conditions, the fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of clean energy companies. The sub-adviser defines clean energy companies as those that derive at least 50% of their value from one or more of the following clean energy businesses: (a) the production of clean energy; (b) the provision of clean energy technology and equipment; or (c) the transmission and distribution of clean energy. It is non-diversified.

Grade (RS Rating)

Last Trade

$17.12

Average Daily Volume

2,084

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	ICLN	VCLN
30 Days	-5.15%	-2.42%
60 Days	-6.23%	1.88%
90 Days	-7.02%	1.18%
12 Months	-26.04%	-16.19%

9 Overlapping Holdings

Symbol	Grade	Weight in ICLN	Weight in VCLN	Overlap
ARRY	F	0.9%	0.9%	0.9%
CWEN	A	1.01%	1.86%	1.01%
ED	A	6.56%	3.44%	3.44%
ENPH	F	7.45%	6.92%	6.92%
FSLR	A	7.81%	8.9%	7.81%
PLUG	F	0.68%	0.64%	0.64%
RUN	F	0.84%	2.17%	0.84%
SEDG	F	1.7%	2.02%	1.7%
SHLS	F	0.74%	0.77%	0.74%

ICLN Overweight 8 Positions Relative to VCLN

Symbol	Grade	Weight
NXT	F	2.79%
ORA	C	1.81%
AGR	B	1.01%
REX	B	0.45%
NOVA	F	0.2%
AMPS	D	0.12%
SPWR	F	0.09%
IDR	B	0.0%

ICLN Underweight 16 Positions Relative to VCLN

Symbol	Grade	Weight
NEE	A	-3.06%
ENLC	B	-2.93%
XYL	A	-2.58%
FLNC	B	-2.54%
AES	A	-2.53%
TEL	C	-2.44%
GTLS	D	-2.28%
GEV	B	-2.27%
ABBV	D	-2.26%
SO	A	-1.96%
MP	C	-1.89%
CEG	B	-1.79%
ETR	A	-1.77%
HUBB	D	-1.34%
AY	A	-1.3%
NVT	B	-1.0%