5 Best Energy ETFs: Top Oil, Gas and Renewable Energy Funds

4. iShares Global Clean Energy ETF (NASDAQ:ICLN)

5-Year Performance as of July 28: 101.34%

iShares Global Clean Energy ETF (NASDAQ:ICLN) aims to replicate the performance of the S&P Global Clean Energy Index, which consists of stocks from the clean energy industry. This fund was established on June 24, 2008, and holds net assets worth $4 billion as of July 28, 2023. With an expense ratio of 0.40%, iShares Global Clean Energy ETF (NASDAQ:ICLN)’s portfolio comprises 101 stocks. It is one of the best energy ETFs to consider. 

First Solar, Inc. (NASDAQ:FSLR) is the largest position in iShares Global Clean Energy ETF (NASDAQ:ICLN)’s portfolio. First Solar, Inc. (NASDAQ:FSLR) offers photovoltaic solar energy solutions across several countries. The company specializes in designing, manufacturing, and selling cadmium telluride solar modules that convert sunlight into electricity. On July 27, First Solar, Inc. (NASDAQ:FSLR) reported a Q2 GAAP EPS of $1.59 and a revenue of $811 million, exceeding Wall Street estimates by $0.65 and $91.59 million, respectively.