iShares Global Clean Energy ETF vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? iShares Global Clean Energy ETF trades at $18.5, while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $106.78. The key difference: iShares Global Clean Energy ETF is trading nearer its 52-week high, iShares iBoxx $ Inv Grade Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| ICLN | LQD | |
|---|---|---|
52-Week High | $23.75 | $112.91 |
52-Week Low | $13.41 | $106.96 |
Trailing returns across standard periods
The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the target index. The index may invest up to 20% of its assets in certain futures, trading options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-diversified.
Read more on ICLN →The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the US dollar-denominated liquid investment-grade corporate bond market.
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