Overview
Description
The iShares Global Clean Energy ETF is an exchange-traded fund designed to track the performance of a global index comprising companies engaged in the clean energy sector. Its primary function is to provide investors with diversified exposure to firms that generate energy from renewable sources such as solar, wind, hydroelectric, geothermal, and biofuels. The ETF includes both producers of clean energy and companies that develop related technologies and equipment, covering a broad spectrum of the global clean energy value chain. With a passive management approach, the fund replicates the S&P Global Clean Energy Transition Index, ensuring that holdings are weighted by market capitalization and sector exposure. Notable constituents span leading utilities and technology firms worldwide, including companies like Iberdrola, Vestas Wind Systems, and First Solar. Launched in 2008, this fund is structured to offer targeted access to the rapidly evolving clean energy industry, supporting efforts to address climate change and facilitate the global shift toward renewable energy solutions. The ETF is reconstituted semi-annually and distributes dividends, making it a relevant instrument for those seeking to track the clean energy sector’s development on a global scale.
About
CEO
Employees
0
Address
—
Phone
1-800-474-2737
Website
—
Instrument type
Common stock
Sector
Industry
Country
Chile
MIC code
XSGO