# Invesco Global Clean Energy UCITS ETF AccumUSD (GCLX)

**Page:** https://fundology.uk/fund/gclx · ISIN IE00BLRB0242

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, GCLX (Invesco Global Clean Energy UCITS ETF AccumUSD, ISIN IE00BLRB0242) closed at £15.41 on the London Stock Exchange. Its ongoing charge is 0.60% a year (about £60 on £10,000). Over the five years to 13/11/2026 its price changed by −49.4%, or −60.5% after UK CPIH inflation.

## Summary

Invesco Global Clean Energy UCITS ETF AccumUSD is an exchange-traded fund (ETF) from Invesco, launched in 2021. It tracks the Wilderhill New Energy Global Innovation Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.6% a year — about £60 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£15.41** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | GCLX |
| ISIN | IE00BLRB0242 |
| Also listed as | GCLE (London Stock Exchange, US dollars), G1CE (Xetra, euros) |
| Category | Sustainable & clean energy |
| Type | ETF |
| Provider | Invesco |
| Tracks | Wilderhill New Energy Global Innovation Index |
| Income | Accumulating |
| Ongoing charge | 0.60% a year (£60 per £10,000) |
| Fund size | £71.6m |
| Launched | 2021 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 26/02/2021 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -10.62% | -13.79% | income reinvested |
| 3 years | +5.22% | -4.93% | income reinvested |
| 5 years | -49.39% | -60.49% | price only |

Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Invesco Global Clean Energy UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund): 2022 −22.5%, 2023 −15.4%, 2024 −22.8%, 2025 +30.9%; 2026 to 13/11/2026 −8.2%. Returns of Invesco Global Clean Energy UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +8.9%; to 30/09/2025: +15.9%; to 30/09/2024: −15.3%; to 30/09/2023: −25.6%; to 30/09/2022: −15.1%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -22.5% | -29.0% | Price |
| 2023 | -15.4% | -18.7% | Price |
| 2024 | -22.8% | -25.4% | Price |
| 2025 | +30.9% | +26.4% | Price |
| 2026 to 13/11/2026 | -8.2% | -11.1% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 22.61% | -31.88% |
| 3 years | 22.25% | -38.57% |
| 5 years | 24.92% | -66.51% |

## Largest fall

Volatility of Invesco Global Clean Energy UCITS ETF AccumUSD in pounds, annualised from weekly returns to 13/11/2026: 22.6% over 1 year, 22.3% over 3 years, 24.9% over 5 years. Largest fall in the price of Invesco Global Clean Energy UCITS ETF AccumUSD since November 2021, in pounds: −65.2% from 19/11/2021 to 04/04/2025. The lowest 12-month return of Invesco Global Clean Energy UCITS ETF AccumUSD in pounds (price, with income reinvested in the fund) since March 2021 was −37.6% (12 months to 02/02/2024); the highest was +93.6% (12 months to 17/04/2026). On 13/11/2026 the price of Invesco Global Clean Energy UCITS ETF AccumUSD was 47.4% below its highest weekly close since November 2021 (19/11/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of Invesco Global Clean Energy UCITS ETF AccumUSD 0.60% a year. Compared on 14/11/2026, 15 of the 177 other sustainable and clean-energy funds charge more, 6 the same and 156 less (share classes counted once).

## Funds tracking the same index

2 funds track Wilderhill New Energy Global Innovation Index, this one included and share classes counted once; their ongoing charges range from 0.60% to 0.60% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| Invesco Global Clean Energy UCITS ETF AccumUSD (this fund) | 0.60% | -10.6% | +5.2% | — |
| Invesco Global Clean Energy UCITS ETF USD | 0.60% | -10.6% | +5.2% | — |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.60%** per year (as of 13/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 12/11/2026, GCLX holds 111 positions, according to its published holdings. The largest is Verbund at 1.38% of the fund; the ten largest make up 12.0%.

### Top holdings

Largest positions (as of 12/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Verbund | [VER](https://fundology.uk/stock/VIE:VER) | 1.38% |
| 2 | Lotte Energy Materials | [020150](https://fundology.uk/stock/020150) | 1.30% |
| 3 | NIBE Industrier | [NIBE_B](https://fundology.uk/stock/NIBE_B) | 1.25% |
| 4 | Landis+Gyr Group | [LAND](https://fundology.uk/stock/SIX:LAND) | 1.21% |
| 5 | CS Wind | [112610](https://fundology.uk/stock/112610) | 1.18% |
| 6 | Evgo Inc USD 0.0001 | — | 1.18% |
| 7 | Nordex | [NDX1](https://fundology.uk/stock/NDX1) | 1.14% |
| 8 | Acciona | [ANA](https://fundology.uk/stock/ANA) | 1.12% |
| 9 | Elia Group SA/NV | [ELI](https://fundology.uk/stock/ELI) | 1.12% |
| 10 | Universal Display | [OLED](https://fundology.uk/stock/OLED) | 1.12% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 12/11/2026.

| Sector | Weight |
|---|---|
| Industrials | 43.8% |
| Utilities | 20.2% |
| Information Technology | 18.8% |
| Consumer Discretionary | 10.1% |
| Materials | 3.2% |
| Energy | 1.9% |
| Financials | 1.0% |
| Consumer Staples | 0.9% |

### By country

As published for the fund, as of 12/11/2026.

| Country | Weight |
|---|---|
| United States | 24.5% |
| China | 14.4% |
| Taiwan | 10.4% |
| South Korea | 9.4% |
| Japan | 5.4% |
| Spain | 5.2% |
| France | 4.1% |
| Germany | 3.9% |
| Other countries | 22.7% |

All 111 holdings: https://fundology.uk/fund/gclx/holdings

## Questions people ask

**What is the ongoing charge of GCLX?**

The ongoing charge of GCLX is 0.60% a year — about £60 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Invesco Global Clean Energy UCITS ETF AccumUSD 0.60% a year. Compared on 14/11/2026, 15 of the 177 other sustainable and clean-energy funds charge more, 6 the same and 156 less (share classes counted once).

**What does GCLX track?**

GCLX tracks the Wilderhill New Energy Global Innovation Index.

**Is GCLX accumulating or distributing?**

GCLX is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of GCLX?**

The ISIN of GCLX is IE00BLRB0242. An ISIN identifies one exact share class of a fund; GCLX is its ticker on the London Stock Exchange. The same share class is also listed as GCLE (London Stock Exchange, US dollars) and G1CE (Xetra, euros).

**What does GCLX hold?**

As of 12/11/2026, GCLX holds 111 positions, according to its published holdings. The largest is Verbund at 1.38% of the fund; the ten largest make up 12.0%. Its ten largest holdings are Verbund (1.38%), Lotte Energy Materials (1.30%), NIBE Industrier (1.25%), Landis+Gyr Group (1.21%), CS Wind (1.18%), Evgo Inc USD 0.0001 (1.18%), Nordex (1.14%), Acciona (1.12%), Elia Group SA/NV (1.12%) and Universal Display (1.12%).

**What were GCLX’s returns in each of the last five years?**

Calendar-year returns of GCLX in pounds (price, with income reinvested in the fund): 2022 −22.5%, 2023 −15.4%, 2024 −22.8%, 2025 +30.9%; 2026 to 13/11/2026 −8.2%. Past performance is not a guide to future returns.

**How has GCLX done after inflation?**

Over the five years to 13/11/2026 GCLX’s price changed by −49.4%, or −60.5% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.