absolutely since investing few months ago, im up 32%
This is on the iShares website under the Performance tab.
1 Like
Many thanks @Richard.W for taking the time to look and post. The page seems to be displaying awkwardly on my iPhone and cuts off the table on the performance tab, as far as I can see.
Positive that the div date falls in line with other iShares distributions though.
Great to see INRG growing the dividend each year also. With a strong forward outlook for growth of its holdings and a small dividend to go along with it… unlike most threads on here, I can’t see many arguing that this one isn’t a winner long term 
Click below where it says View full table, and add custom columns if you like.
Thanks again, adding the custom column to add payment date works on iPhone. I wonder why they would omit this column and have you have to edit it to show the payment date. Strange on their behalf. Must be so they have a tidy webpage on mobile devices.
Many thanks for your help 
At what point would people take profits from an ETF like this given strong growth this year? Is it likely to rise and rise given global interest in all things low carbon? Too soon to think about?
Ive taken some profit already to put into other stocks.
I am curious to know how the components of INRG are selected. Its benchmark is S&P Global Clean Energy Index.
designed to measure the performance of 30 companies from around the world that are involved in clean energy-related businesses, comprising a diversified mix of clean energy production and clean energy equipment and technology companies.
What I cannot find on the S&P website is any explanation of how those 30 companies and their weightings are chosen. If anyone understands this I would be helped to have it explained.
One thing that puzzles me is why this ETF does not contain a holding in NextEra Energy, which is the world’s largest clean energy utility. The index is 30 companies, whereas INRG is 105 companies. Another puzzle.
I have similar question about all the iShares thematic/megatrends ETFs. How are components and weighting of ECAR, RBOD, HEAL, etc selected? Is on the basis of ESG scores? Are they weighted according to market cap? [obviously not, since RBOD weights SNAP 1 and APPL 10]. Each of these has some quoted index, RBOD = STOXX Global Automation & Robotics Index, but when I look up that index I am none-the-wiser as to how the components of that index were selected.
2 Likes
Apparently the popularity of this ETF has led to some problems. Too much funds flowing into small companies. The index is being expanded to include others like NextEra Energy, whose omission had surprised me.
Financial Times: ETF inflow surge may force BlackRock to sell billions in energy stocks.
Massive investor inflows into two BlackRock exchange traded funds pinned on just 30 clean energy stocks may force the asset manager to sell billions of dollars worth of shares to prevent it building up overly large holdings in the companies.
The potential sales of two New Zealand energy companies would represent the amount that is typically traded in 40-50 days in order to comply with a dramatic index rebalancing.
The combined assets of the US-domiciled iShares Global Clean Energy ETF (ICLN) and its European Ucits equivalent (INRG) have surged from $760m at the start of last year to $10.8bn following a sharp rise in inflows in the wake of President Joe Biden’s election in November and a 140 per cent rally in the underlying index during 2020.
2 Likes
Is it this you are looking for:
It defines both Index construction and Eligibility.
S&P Global Clean Energy Index. The index measures the performance of all exposure score 1 companies in global clean energy related businesses from both developed and emerging markets, with a minimum constituent count of 35. Constituents’ weights are the product of FMC and exposure score, subject to as the constraints detailed in Eligibility Criteria and Index Construction.
Yes. That is helpful and interesting to read. However, it seems that S&P Global exercise a degree of subjectivity when choosing which companies to include in the index. For example, they were not including NEE, but now intend to do so.
It’s the same capital sin with other indexes and indexes providers.
- ESG indexes with pollutant companies (e.g. Oil and Coal) → some greenwashing
- Indexes without some obvious companies, even large and known companies.
- US Indexes providers have an US-bias.
- If the client (ETF providers) pays, the index providers create any kind of index to fit their needs. (Active management disguised as Passive/Index management)