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Compare iShares Global Clean Energy Index ETF (XCLN) vs BMO Clean Energy Index ETF (ZCLN) to find the best fit for your portfolio. XCLN and ZCLN provide the same top sector exposures: Utilities, Industrials, and Information Technology. When evaluating costs, XCLN features a management fee (MER) of 0.35%, compared to 0.35% for ZCLN. Performance-wise, XCLN has returned 30.35% year-to-date with +$9 M in net flows, whereas ZCLN is at 30.23% with +$11 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
XCLN
ZCLN
| AuM | $29.23 M | $89.09 M |
| Management Fees | 0.35% | 0.35% |
| Exp. ratio | 0.39% | 0.39% |
| Tracking Difference | -0.76% | - |
Historical performance and flows
As of June 8, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | XCLN | +1.61% | +20.96% | +30.35% | +68.47% | +22.01% |
ZCLN | +1.64% | +20.32% | +30.23% | +68.87% | +22.89% | |
| Flows | XCLN | +$2 M | +$7 M | +$9 M | +$12 M | +$18 M |
ZCLN | +$5 M | +$9 M | +$11 M | +$2 M | -$2 M |
XCLN vs ZCLN exposure
Countries
XCLN
USA
42.96%
China
20.40%
Other
36.64%
ZCLN
USA
43.07%
China
20.41%
Other
36.52%
Sectors
XCLN
Utilities
34.44%
Industrials
33.11%
Information Technology
17.36%
Other
12.88%
ZCLN
Utilities
34.37%
Industrials
33.93%
Information Technology
16.91%
Other
12.55%
As of June 8, 2026
Top 10 Holdings
XCLN
BLOOM ENERGY CORP
13.76%
US65290E1010
7.30%
FIRST SOLAR
7.17%
YANGTZE POWER
5.90%
VESTAS WIND SYSTEMS
3.36%
PLUG POWER
3.28%
ENPHASE ENERGY
3.25%
EQUATORIAL ENERGIA
2.88%
SUZLON ENERGY
2.37%
ENERGIAS DE PORTUGAL
2.34%
ZCLN
BLOOM ENERGY CORP
14.20%
US65290E1010
7.12%
FIRST SOLAR
6.89%
YANGTZE POWER
5.88%
PLUG POWER
3.64%
VESTAS WIND SYSTEMS
3.35%
ENPHASE ENERGY
3.13%
EQUATORIAL ENERGIA
2.88%
SUZLON ENERGY
2.46%
ENERGIAS DE PORTUGAL
2.32%
Diversification
XCLN
Total weight of top 10 holdings out of 104 total
51.61%
ZCLN
Total weight of top 10 holdings out of 103 total
51.87%
Characteristics
Compare
XCLN
ZCLN
| Provider | iShares | BMO |
| Management | Passively managed | Passively managed |
| Benchmark | S&P Global Clean Energy Transition Index Net Composite - 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 | 1.14% | 1.33% |
| Meets ESG criteria | Yes | Yes |
| Inception Date | April 26, 2022 | January 26, 2020 |
Frequently asked questions about XCLN and ZCLN
Which ETF has performed better year to date: XCLN or ZCLN?
As of June 8, 2026, XCLN has returned 30.35% year to date, while ZCLN has returned 30.23%. XCLN is ahead on YTD performance.
Which ETF is larger by assets under management: XCLN or ZCLN?
As of June 8, 2026, XCLN manages $29.23 M in assets, while ZCLN manages $89.09 M. ZCLN is the larger fund by AUM.
How are XCLN and ZCLN managed?
XCLN is passively managed by iShares. It tracks the S&P Global Clean Energy Transition Index Net Composite - CAD benchmark. ZCLN is passively managed by BMO. It tracks the S&P Global Clean Energy Transition Index - USD benchmark.
What sectors do XCLN and ZCLN emphasize?
XCLN is most exposed to Utilities, Industrials, and Information Technology. ZCLN is most exposed to Utilities, Industrials, and Information Technology.
Which ETF is attracting more investor flows: XCLN or ZCLN?
Year to date, XCLN has seen +$8.85 M in net flows, compared with +$11.14 M for ZCLN. ZCLN has attracted more net investor money so far.
How do the fees of XCLN and ZCLN compare?
XCLN has an expense ratio of 0.39%, while ZCLN has an expense ratio of 0.39%.
What are the top holdings of XCLN and ZCLN?
XCLN's largest holdings include BLOOM ENERGY CORP and FIRST SOLAR. ZCLN's top holdings include BLOOM ENERGY CORP and FIRST SOLAR.
Which ETF is more diversified: XCLN or ZCLN?
XCLN holds 92 securities, while ZCLN holds 92. On holdings count, XCLN is the more diversified portfolio.
Recent articles about XCLN and ZCLN
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Posted on 5/29/2026 by Kyle Anthony inEnergy
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