VS
CIBC Clean Energy Index ETF (CCLN) and BMO Clean Energy Index ETF (ZCLN) offer distinct profiles for Canadian ETF investors. A direct comparison shows that CCLN focuses its top 3 sector exposures on Industrials, Utilities, and Consumer Cyclicals, while ZCLN leans towards Industrials, Utilities, and Technology. When evaluating costs, CCLN features a management fee (MER) of 0.35%, compared to 0.35% for ZCLN. Performance-wise, CCLN has returned 6.67% year-to-date with +$1 M in net flows, whereas ZCLN is at 5.79% with +$12 M. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
CCLN
ZCLN
| AuM | $1.60 M | $73.29 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | 1.06% | - |
Historical performance and flows
As of July 29, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | CCLN | -15.74% | -12.12% | -6.67% | +9.29% | -33.03% |
ZCLN | -15.94% | -14.39% | +5.79% | +27.59% | +2.75% | |
| Flows | CCLN | -$0 M | -$0 M | +$1 M | +$0 M | +$0 M |
ZCLN | +$0 M | +$7 M | +$12 M | +$3 M | +$1 M |
CCLN vs ZCLN exposure
Countries
CCLN
USA
84.75%
Canada
9.69%
ZCLN
USA
44.23%
China
18.61%
Other
37.16%
Sectors
CCLN
Industrials
35.02%
Utilities
27.16%
Consumer Cyclicals
13.26%
Non-Energy Materials
8.36%
Other
16.20%
ZCLN
Industrials
55.69%
Utilities
34.88%
Technology
8.02%
As of July 29, 2026
Top 10 Holdings
CCLN
Tesla, Inc.
5.83%
Rivian Automotive, Inc.
5.76%
HA Sustainable Infrastructure Capital, Inc.
5.48%
Brookfield Renewable Partners LP
5.16%
Nextpower, Inc.
4.91%
Northland Power, Inc.
4.90%
Enphase Energy, Inc.
4.76%
Albemarle Corp.
4.71%
Clearway Energy, Inc.
4.67%
First Solar, Inc.
4.59%
ZCLN
Bloom Energy Corp.
13.89%
First Solar, Inc.
8.59%
Nextpower, Inc.
7.05%
China Yangtze Power Co., Ltd.
6.08%
Enphase Energy, Inc.
4.97%
Vestas Wind Systems A/S
3.12%
Plug Power, Inc.
2.83%
Equatorial SA
2.71%
SolarEdge Technologies, Inc.
2.61%
Suzlon Energy Ltd.
2.56%
Diversification
CCLN
Total weight of top 10 holdings out of 38 total
50.76%
ZCLN
Total weight of top 10 holdings out of 103 total
54.42%
Characteristics
Compare
CCLN
ZCLN
| Provider | CIBC | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | CIBC Atlas Clean Energy Select Index - CAD | S&P Global Clean Energy Transition Index - USD |
| Replication Method | Direct (Physical) | Direct (Physical) |
| Asset Class | Equity | Equity |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | 0.00% | 1.64% |
| Meets ESG criteria | Yes | Yes |
| Inception Date | November 16, 2021 | January 26, 2020 |
Frequently asked questions about CCLN and ZCLN
Which ETF has performed better year to date: CCLN or ZCLN?
As of July 29, 2026, CCLN has returned -6.67% year to date, while ZCLN has returned 5.79%. ZCLN is ahead on YTD performance.
Which ETF is larger by assets under management: CCLN or ZCLN?
As of July 29, 2026, CCLN manages $1.60 M in assets, while ZCLN manages $73.29 M. ZCLN is the larger fund by AUM.
How are CCLN and ZCLN managed?
CCLN is passively managed by CIBC. It tracks the CIBC Atlas Clean Energy Select Index - CAD benchmark. ZCLN is passively managed by BMO. It tracks the S&P Global Clean Energy Transition Index - USD benchmark.
What sectors do CCLN and ZCLN emphasize?
CCLN is most exposed to Industrials, Utilities, and Consumer Cyclicals. ZCLN is most exposed to Industrials, Utilities, and Technology.
Which ETF is attracting more investor flows: CCLN or ZCLN?
Year to date, CCLN has seen +$0.97 M in net flows, compared with +$12.30 M for ZCLN. ZCLN has attracted more net investor money so far.
How do the fees of CCLN and ZCLN compare?
CCLN has an expense ratio of 0.39%, while ZCLN has an expense ratio of 0.39%.
What are the top holdings of CCLN and ZCLN?
CCLN's largest holdings include Tesla, Inc., Rivian Automotive, Inc., and HA Sustainable Infrastructure Capital, Inc.. ZCLN's top holdings include Bloom Energy Corp., First Solar, Inc., and Nextpower, Inc..
Which ETF is more diversified: CCLN or ZCLN?
CCLN holds 38 securities, while ZCLN holds 103. On holdings count, ZCLN is the more diversified portfolio.
Recent articles about CCLN and ZCLN
Clean Energy ETFs Gain Momentum Amid Hormuz Crisis
Rising oil and gas volatility is pushing investors back toward clean energy ETFs.
Posted on 5/29/2026 by Kyle Anthony inEnergy
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.