iShares Global Clean Energy ETF vs TORM plc — how do they compare? iShares Global Clean Energy ETF trades at $18.62, while TORM plc trades at $28.35 (market cap $2.93B). The key difference: TORM plc pays a 9.77% dividend while iShares Global Clean Energy ETF pays none, and TORM plc is trading nearer its 52-week high, iShares Global Clean Energy ETF nearer its low. Which is the better fit depends on your goals.
| ICLN | TRMD | |
|---|---|---|
52-Week High | $23.75 | $34.87 |
52-Week Low | $13.66 | $18.77 |
Market Cap | — | $2.93B |
Sector | — | Technology |
Enterprise Value | — | $3.82B |
Dividend Yield | — | 9.77% |
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 →TORM plc is one of the world's largest owners and operators of product tankers, specializing in the transportation of refined oil products like gasoline, jet fuel, and diesel. Operating under its integrated 'One TORM' model, the company maintains a modern, wholly-owned fleet of nearly 90 vessels. It is widely recognized by investors for its aggressive variable dividend policy, which returns a significant portion of its cash flow directly to shareholders during periods of high freight rates.
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