iShares Global Clean Energy UCITS ETF (Dist) (INRG.L)
One single purchase quietly buys you into around 100 clean and renewable energy companies scattered across the globe.
Is iShares Global Clean Energy UCITS ETF (Dist) a good fund for a UK beginner?
The honest version: One single purchase quietly buys you into around 100 clean and renewable energy companies scattered across the globe.
Over about 2 years to 2026-07-15. This is the share price only; any dividends would add to it. Past performance is not a guide to the future, and it could just as easily have fallen.
This is a fund, so it moves with its whole basket (Thematic) - not any single company's news. One share having a bad day barely shows up here.
What does iShares Global Clean Energy UCITS ETF (Dist) do?
This fund tracks the S&P Global Clean Energy index, focusing specifically on businesses involved in solar, wind, and other renewable power sources. When you buy a share in the fund, your money is spread across these roughly 100 companies, spanning sectors like technology, utilities, and industrials, though a chunk of the fund is concentrated in its largest few holdings like Bloom Energy and First Solar. The ongoing charge is 0.65% a year, which means about £6.50 annually for every £1,000 you have in the fund, taken quietly behind the scenes. Because this is a distributing fund, any dividends collected from the companies are paid out to you as cash rather than automatically reinvested.
Holds around 100 companies worldwide involved in clean and renewable energy such as solar and wind; a narrow theme that has been highly volatile.
What's actually inside this fund?
Its 10 biggest holdings
- 1Bloom Energy Corp Class A14.8%
- 2First Solar Inc8.4%
- 3Nextpower Inc Class A7.3%
- 4China Yangtze Power Co Ltd Class A5.8%
- 5Enphase Energy Inc4.9%
- 6Vestas Wind Systems AS3.1%
- 7Plug Power Inc2.9%
- 8SolarEdge Technologies Inc2.6%
- 9Equatorial SA2.5%
- 10Suzlon Energy Ltd2.5%
The top 10 add up to about 55% of the fund. A large chunk sits in just a handful of names - less spread than the total holding count suggests.
By sector
- Technology34%
- Utilities33%
- Industrials31%
- Materials1%
Top holdings and sector split from the fund's published data as of the figures date - they drift over time as the fund and the index change.
- Simple one-fund exposure to the global renewable energy theme
- Spreads your money across roughly 100 clean energy companies worldwide
- Covers a mix of major sectors including technology, utilities, and industrials
- It falls significantly when the clean energy market falls
- Heavily concentrated in a few top companies like Bloom Energy and First Solar
- A narrow thematic focus that has historically been very volatile
- Currency swings can affect returns for a UK investor as the holdings are global
More in Thematic
iShares Automation & Robotics UCITS ETF (Acc)
iShares Digital Security UCITS ETF (Acc)
iShares Healthcare Innovation UCITS ETF (Acc)
iShares Nasdaq US Biotechnology UCITS ETF (Acc)
iShares Electric Vehicles and Driving Technology UCITS ETF (Acc)
iShares Global Water UCITS ETF (Dist)
VanEck Defense UCITS ETF (Acc)What are the pros and cons of iShares Global Clean Energy UCITS ETF (Dist)?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Simple one-fund exposure to the global renewable energy theme
- Spreads your money across roughly 100 clean energy companies worldwide
- Covers a mix of major sectors including technology, utilities, and industrials
- It falls significantly when the clean energy market falls
- Heavily concentrated in a few top companies like Bloom Energy and First Solar
- A narrow thematic focus that has historically been very volatile
- Currency swings can affect returns for a UK investor as the holdings are global
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.