ICLN vs VTWO overlap - what they share and where they differ

ICLN and VTWO share 2.8% of their weight across 7 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

ICLN and VTWO

2.8%

7 shared positions

ICLN

iShares Global Clean Energy ETF

Reported positions cover 97% of the fund, 101 positions · Apr 30, 2026

Top 10: 51.4%·Holdings of ICLN

VTWO

VANGUARD RUSSELL 2000 INDEX FUND

Reported positions cover 100% of the fund, 1,641 positions · May 31, 2026

Top 10: 7.8%·Holdings of VTWO

Reported positions cover ICLN 97%, VTWO 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

VTWO vs ICLN side by side

ICLNiShares Global Clean Energy ETF

101

stock positions reported to the SEC

70.1% of its weight is in 94 names VTWO does not hold

VTWOVANGUARD RUSSELL 2000 INDEX FUND

1,641

stock positions reported to the SEC

96.9% of its weight is in 1,634 names ICLN does not hold

Where each fund's weight sits

ICLN
VTWO
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Technology
39.4%
25.5%
Healthcare
0.0%
15.8%
Financial Services
0.2%
13.3%
Industrials
0.0%
11.0%
Basic Materials
1.3%
7.3%
Utilities
3.7%
0.0%

The widest gap is Healthcare: VTWO has 15.8 points more of it.

The figures side by side

ICLNVTWO
Filing dateApr 30, 2026May 31, 2026
Stock positions reported1011,641
Weight of the ten largest51.4%7.8%
Largest positionBE 13.7%BE 1.8%
Held alone94 positions, 70.1%1,634 positions, 96.9%
Covered by stock positions97%100%

Holdings they share

StockIn ICLNIn VTWOCounted
BEBLOOM ENERGY CORPORATION13.70%1.83%1.83%
NXTNEXTPOWER INC.7.26%0.67%0.67%
PLUGPLUG POWER INC.3.27%0.15%0.15%
SHLSShoals Technologies Group Inc1.00%0.06%0.06%
ARRYARRAY TECHNOLOGIES, INC.0.66%0.04%0.04%
REXREX AMERICAN RESOURCES CORPORATION0.34%0.04%0.04%
GPREGREEN PLAINS INC.0.91%0.03%0.03%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in ICLN

FSLRFIRST SOLAR, INC.7.14%
CHINA YANGTZE POWER CO., LTD.5.88%
VESTAS WIND SYSTEMS A/S3.36%
ENPHENPHASE ENERGY, INC.3.24%
EQUATORIAL S.A.2.88%
SUZLON ENERGY LIMITED2.37%
EDP, S.A.2.33%
CHUBU ELECTRIC POWER COMPANY, INCORPORATED2.01%
SEDGSOLAREDGE TECHNOLOGIES, INC.1.92%
CWENCLEARWAY ENERGY, INC.1.88%

Only in VTWO

CRDOCredo Technology Group Holding Ltd1.12%
STRLSterling Infrastructure Inc0.75%
FNFabrinet0.69%
IONQIonQ Inc0.63%
CDECoeur Mining Inc0.58%
TTMITTM Technologies Inc0.52%
ECHOEchoStar Corp0.51%
GHGuardant Health Inc0.47%
SITMSiTime Corp0.47%
RMBSRambus Inc0.46%

Questions people ask

Is ICLN the same as VTWO?

2.8% of their weight sits in the same 7 holdings. ICLN also reports FSLR, CHINA YANGTZE POWER CO., LTD., VESTAS WIND SYSTEMS A/S, which the other does not. VTWO also reports CRDO, STRL, FN, which the other does not.

How is the overlap between ICLN and VTWO measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 97% of ICLN and 100% of VTWO, so the number cannot exceed the smaller coverage.

Which holds more, VTWO or ICLN?

ICLN reports 101 stock positions and VTWO reports 1,641. 70.1% of ICLN's weight sits in names VTWO does not hold, and 96.9% of VTWO's weight in names ICLN does not hold. The ten largest positions are 51.4% of ICLN and 7.8% of VTWO.

How do ICLN and VTWO differ by sector?

The widest gap is Healthcare: VTWO has 15.8 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.