VCLN vs. ICLN ETF Comparison

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

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

$17.69

Average Daily Volume

584

Number of Holdings ^*

20

* may have additional holdings in another (foreign) market

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

$12.02

Average Daily Volume

3,161,910

Number of Holdings ^*

2

* may have additional holdings in another (foreign) market

Performance

Period	VCLN	ICLN
30 Days	-3.99%	-9.76%
60 Days	-8.76%	-16.35%
90 Days	-6.90%	-16.82%
12 Months	6.63%	-12.39%

2 Overlapping Holdings

	Symbol	Grade	Weight in VCLN	Weight in ICLN	Overlap
	ENPH	F	3.94%	5.54%	3.94%
	FSLR	F	7.72%	7.27%	7.27%

VCLN Overweight 18 Positions Relative to ICLN

	Symbol	Grade	Weight
	CWEN	C	2.56%
	NEE	C	2.47%
	BE	B	2.28%
	DTM	A	2.1%
	XYL	D	1.75%
	GEV	B	1.75%
	SO	C	1.71%
	AGX	B	1.66%
	FLNC	D	1.63%
	ABBV	F	1.55%
	AES	F	1.33%
	MP	C	1.33%
	LNG	A	1.06%
	RUN	F	0.92%
	NVT	B	0.91%
	CEG	C	0.89%
	HUBB	B	0.86%
	PLUG	F	0.52%

VCLN Underweight 0 Positions Relative to ICLN

	Symbol	Grade	Weight

VCLN: Top Represented Industries & Keywords

Industries: Electronic Components Utilities - Regulated Electric Utilities - Renewable Oil & Gas Midstream Solar Diversified Industrials Drug Manufacturers - Major Engineering & Construction Other Industrial Metals & Mining Semiconductor Equipment & Materials Utilities - Diversified Utilities - Independent Power Producers

Keywords: S&P 500 Electricity Natural Gas Electric Utilities Electrical Engineering Energy Conversion Renewable Energy Solar Power Telecommunications Alternative Energy Electric Power Electrical Wiring Electromagnetism Fiber Optics Fuel Cell Fuel Cell Systems Hydrogen Hydrogen Economy Hydrogen Technologies Nasdaq 100

ICLN: Top Represented Industries & Keywords

Industries: Semiconductor Equipment & Materials Solar

Keywords: Photovoltaic System Photovoltaics Power Systems S&P 500 Solar Power Solar Power Systems Alternative Energy Electricity Energy Conversion Energy Projects Energy Solutions Finance Services First Solar Inverter Systems Inverters Investor Owned Utilities Nasdaq 100 Project Finance Project Finance Services Renewable Energy