2026-10-04
iShares Global Clean Energy ETF clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
NAS100 29,709 +0.19%
S&P 7,737 +0.19%
GOLD $4,053 −0.54%
BTC $80,942 +0.17%
VIX 17.29 −1.31%
latest tape · as of 18:04 UTC
The Screen · ETF
iShares Global Clean Energy ETF
ICLN · NASDAQ · USD
The index is designed to track the performance of approximately 100 clean energy-related companies.
Not yet scored16.02 USD
Price as of 23 Oct 2026Daily close, not a live quoteLast reviewed 5 days ago
Screened 2026-10-23 · the tape above runs as of 18:04 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
- Price16.02 USD at the 23 Oct 2026 close
- Our ratingAvoid, current read markdown
- Ethical screenNot yet scored
- OptionsOpen interest leans to puts (put/call 30.00)
- Last reviewed23 Oct 2026 (5 days ago)
A summary of the dated readings below, not a live quote and not advice.
PRICE · FAIR-VALUE RANGE1M3M6MYTD1Y3Y5Y
What this means: price 16.02 against the desk's fair-value range, over the last year.
- Trend Markdown
- Insiders no filings inside 60 days, left as found
- Positioning no disclosures inside 60 days, left as found
- Options put/call open interest 30.00, read 2026-10-27
- Ethical screen not yet scored
Price16.02 USD
Ethical score70.0/100
RatingAVOID
Our investment reviews on this name
2026-10-02Read Distribution17.80-10.0% to today ✓Markdown gives way to Distribution after a 14% slide in 4 weeks
2026-09-01Read Markdown20.74-22.8% to today ✓Distribution gives way to Markdown
2026-08-02Read Distribution20.74-22.8% to today ✓Markup gives way to Distribution
2026-07-02Read Markup20.74-22.8% to today First review on file: Markup
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
The full research record, in depth, below
This name holds its markdown label.
iShares Global Clean Energy ETF holds its Markdown at $16.02. The statistical read favours the buyers, held for 50 days.
| Phase | Markdown · caution |
| Quantitative state | The statistical read favours the buyers, held for 50 days |
| Price at the screen | $16.02 |
| Valuation | 19.53 trailing · N/A forward price to earnings |
| Values screen | Not scored · score 70.0 |
Five Screens, Shown in Full
This security has not been fully scored against the values screen yet.
| Test | Figure | Limit | What it means | Status |
|---|---|---|---|---|
| Business activity | Permissible | Core business clean | Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending. | Pass |
| Debt load | Excluded | Below 33% | Interest-bearing debt is of its assets, above the one-third ceiling the screen allows. | Fail |
| Interest-bearing cash | Excluded | Below 33% | Interest-bearing cash and securities are of assets, above the one-third limit. | Fail |
| Receivables | Excluded | Below 49% | Money owed to the company is of assets, above the 49% limit. | Fail |
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical ReadThe Read, in Plain English
iShares Global Clean Energy ETF clears the business-activity screen and the figures we can measure look clean, but one or more financial figures are still pending, so the verdict is not final yet.
Read as at 2026-10-27. It updates when the underlying figures move, and past reads are kept below.
2026-09-24
We do not yet have the financial statements needed to run the debt, cash, receivables and income screens for iShares Global Clean Energy ETF, so it is not scored yet.
Earlier reads, kept as written. The ethical profile is tracked over time, not overwritten.
What the Numbers Say It Is WorthThe Fair Value Range
Our analysis reads AVOID
Price History & ProjectionsWhere it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-10-23 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words| Trailing P/E | 19.5xreasonably valued |
| Dividend yield | 114.00% |
| 52-week range | 12.55 - 23.78 |
The risks · The main risks here are ordinary market swings and the chance our fair-value read proves too optimistic.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to TradeICLN trades on NASDAQ. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
Every Entry, As Written
2026-10-23
Distribution $17.18
+0.0% Entry 8
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is momentum reading neutral. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 20%.
2026-10-16
Distribution $17.18
-3.5% Entry 7
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 3.5% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 32% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 20%.
2026-10-02
Distribution · changed $17.80
-14.2% Entry 6
The framework has shifted from markdown to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 14.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 32% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 20%.
2026-09-01
Markdown · changed $20.74
+0.0% Entry 5
The framework has shifted from distribution to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 32% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 20%.
2026-08-02
Distribution · changed $20.74
+0.0% Entry 4
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 32% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 20%.
2026-07-18
Markup $20.74
+0.0% Entry 3
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it B, carrying a low risk profile. Technically it is holding around 32% above its long-term trend line with momentum reading bullish. Over the past year the shares are up 54%. Our forward projection puts the odds of a 10% gain over the next month near 20%.
2026-07-03
Markup $20.74
+0.0% Entry 2
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02
Markup $20.74
Entry 1
Our analysis reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
| Period | Price then | Price return | Divs per share | $1,000 became | Total return |
|---|---|---|---|---|---|
| 1 month | $21.73 | -8.5% | · | $915 | -8.5% |
| 2 months | $18.92 | +5.1% | · | $1,051 | +5.1% |
| 3 months | $18.39 | +8.2% | · | $1,082 | +8.2% |
| 6 months | $16.91 | +17.6% | $0.13 | $1,184 | +18.4% |
| 1 year | $12.89 | +54.3% | $0.27 | $1,564 | +56.4% |
| 2 years | $14.28 | +39.3% | $0.48 | $1,426 | +42.6% |
| 3 years | $17.73 | +12.2% | $0.60 | $1,156 | +15.6% |
| 5 years | $21.14 | -5.9% | $1.03 | $989 | -1.1% |
Historical returns from market close data. Past performance does not guarantee future results.
This entry now belongs to the ledger. Whatever ICLN does next, these words stay.
Membership
Thirteen thousand names carry this page. One desk keeps them honest.
Membership opens the full screen archive, the composites built from it, and the daily coverage that prices what the screen approves.
Join the deskScreening is research, not a fatwa and not financial advice. Figures are drawn from public accounts at the screen date shown. Always manage your risk.