iShares Global Clean Energy ETF vs Novagold Resources Inc. — how do they compare? iShares Global Clean Energy ETF trades at $16.43 (market cap $2.21B), while Novagold Resources Inc. trades at $6.32 (market cap $2.90B). The key difference: Novagold Resources Inc. is the larger of the two by market cap, and iShares Global Clean Energy ETF is more actively traded (6,641,356 versus 3,973,464). Which is the better fit depends on your goals — on Pluang, investors hold iShares Global Clean Energy ETF for 88 Days and Novagold Resources Inc. for 0 Days on average.
| ICLN | NG | |
|---|---|---|
Market Cap | $2.21B | $2.90B |
Volume | 6,641,356 | 3,973,464 |
52-Week High | $23.75 | $14.20 |
52-Week Low | $16.00 | $5.18 |
Typical Hold Time | 88 Days | 0 Days |
Sector | — | Basic Materials |
Enterprise Value | — | $2.74B |
Signals from Pluang's Aura AI — not financial advice
ICLN is trading at $16.64, down 2.8% today amid bearish technical signals with 15 sell indicators versus 1 buy. The ETF faces headwinds from clean energy sector volatility, having experienced a 57.2% maximum drawdown historically. Recent news highlights competition from traditional energy ETFs delivering stronger returns with lower fees, though geopolitical tensions are accelerating global renewable energy adoption.
The outlook remains cautious due to high volatility and expense ratio disadvantages versus fossil fuel alternatives. Key risks include sector competition and regulatory uncertainty, while potential catalysts include increased global renewable investment and data center energy demand growth.
NovaGold Resources (NG) trades at $6.63, down 1.49% today, as the company navigates its development phase for the Donlin Gold project. The stock shows mixed earnings performance with recent quarterly losses but beats expectations in two of the last four quarters. Financials reveal negative profitability metrics with ROE at -32.81% and net income of -$94.66M for 2025, though cash flow remains positive due to financing activities. Recent news highlights the company's move to acquire full ownership of Donlin Gold, a major Alaska gold project.
The outlook for NG hinges on successful development of Donlin Gold, with 100% analyst buy ratings signaling strong Wall Street confidence. However, significant execution risks exist given negative earnings and substantial capital requirements. Investors face volatility from gold price fluctuations and project development timelines, making this suitable for those with high risk tolerance seeking exposure to a major gold development story.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →NovaGold Resources Inc. is a mineral exploration and development company that holds a majority interest in the Donlin Gold project, an undeveloped gold deposit in Alaska.
Read more on NG →