2024-02-01 15:24:19 ET
Summary
- iShares Global Clean Energy ETF is a popular investment option for those interested in clean energy companies.
- However, the long-term performance of ICLN is disappointing, to put it mildly.
- I anticipate challenges for the sector to persist in the near term. Therefore, I recommend staying away from investing in ICLN.
For me, clean energy is a good concept with debatable implementation and disappointing returns for investors. The same description fits well for the iShares Global Clean Energy ETF ( ICLN ) in my opinion , which demonstrated dismal long-term performance for more than a decade....
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ICLN: Too Many Risks With A Disappointing Performance