Fundology

ETF · iShares

INRG iShares Global Clean Energy Transition UCITS ETD USD

ISIN IE00B1XNHC34London Stock Exchange: INRGBlackRock, Inc.

Latest close

LSE

£6.84

on

Ongoing charge
0.65% a year
Fund size
£2.1bn

As of , at least 15 min delayed

At a glance

As of 13/11/2026, INRG (iShares Global Clean Energy Transition UCITS ETD USD, ISIN IE00B1XNHC34) closed at £6.84 on the London Stock Exchange. Its ongoing charge is 0.65% a year (about £65 on £10,000). Over the five years to 13/11/2026 its total return was −29.0%, or −44.6% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 13/11/2026
−8.2%
−11.4% after inflation
3 years to 13/11/2026
+12.6%
+1.8% after inflation
5 years to 13/11/2026
−29.0%
−44.6% after inflation

£1,000 put in five years ago would have been worth about £710 on 13/11/2026 — about £554 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.

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

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Calendar-year and 12-month returns

Calendar-year returns of iShares Global Clean Energy Transition UCITS ETD USD in pounds (price only, income paid out not included): 2022 +4.8%, 2023 −24.6%, 2024 −24.2%, 2025 +34.7%; 2026 to 13/11/2026 −5.9%. Returns of iShares Global Clean Energy Transition UCITS ETD USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +7.6%; to 30/09/2025: +8.1%; to 30/09/2024: −7.6%; to 30/09/2023: −31.3%; to 30/09/2022: +9.2%.

Calendar-year returns of INRG, in pounds (price only — income paid out is not included), to 13/11/2026
YearReturnAfter inflationReturn shown as a bar
to −5.9%−8.9%
to +34.7%+30.1%
to −24.2%−26.7%
−24.6%−27.6%
+4.8%−4.0%
Returns of INRG over 12-month periods to 30/09/2026, in pounds (price only — income paid out is not included)
12 months toReturnAfter inflation
from +7.6%+3.7%
from +8.1%+3.9%
from −7.6%−9.9%
from −31.3%−35.4%
from +9.2%+0.4%

As of , inflation: UK CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record as the returns, in pounds.

Volatility (annualised)

24.3%over 5 years

Volatility, annualised from weekly returns, by period
1 year25.3%
3 years22.4%
5 years24.3%

Annualised from weekly returns. Higher means bumpier.

Largest fall since November 2021
−57.1%
From to
Lowest 12-month return
−41.9%
12 months to
Highest 12-month return
+85.7%
12 months to
Below its highest weekly close since November 2021
39.4%
High of , latest

In words: Volatility of iShares Global Clean Energy Transition UCITS ETD USD in pounds, annualised from weekly returns to 13/11/2026: 25.3% over 1 year, 22.4% over 3 years, 24.3% over 5 years. Largest fall in the price of iShares Global Clean Energy Transition UCITS ETD USD since November 2021, in pounds: −57.1% from 09/09/2022 to 11/04/2025. The lowest 12-month return of iShares Global Clean Energy Transition UCITS ETD USD in pounds (price only, income paid out not included) since January 2021 was −41.9% (12 months to 21/01/2022); the highest was +85.7% (12 months to 29/05/2026). On 13/11/2026 the price of iShares Global Clean Energy Transition UCITS ETD USD was 39.4% below its highest weekly close since November 2021 (09/09/2022), in pounds.

As of , price only — income paid out is not included

How we work it out:Risk figuresFallsVolatilityLargest fall

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
0.65%
a year
On £10,000
£65
a year, roughly
Over five years
£321
of £10,000, before growth
Among 178 sustainable and clean-energy funds, share classes counted once
  • 165 charge less
  • 6 the same
  • 6 charge more

Ongoing charge of iShares Global Clean Energy Transition UCITS ETD USD 0.65% a year. Compared on 14/11/2026, 6 of the 177 other sustainable and clean-energy funds charge more, 6 the same and 165 less (share classes counted once).

As of

A lower charge is not a promise of a higher return: what the fund holds matters more.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

iShares Global Clean Energy Transition UCITS ETD USD is an exchange-traded fund (ETF) from iShares, launched in 2007.

It tracks the S&P Global Clean Energy Transition.

You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Its ongoing charge is 0.65% a year — about £65 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Income from its investments is paid out to holders as cash, usually a few times a year.

Sustainable & clean energy: Funds that screen companies on environmental, social or governance grounds, or focus on clean energy.

Terms:ETFIndex fundUCITSAccumulating or incomeShare classISIN

Key facts

Ticker
INRG
ISIN
IE00B1XNHC34
Also listed as
IQQH (Xetra, euros)
Provider
iShares
Structure
ETF
An exchange-traded fund: bought and sold on the stock exchange through the day, like a share.
Income
Distributing, paid semi-annual
Income is paid out to holders as cash, usually a few times a year.
Ongoing charge
0.65% a year · about £65 on £10,000
Fund size
£2.1bn
Launched
Domicile
Ireland
UK reporting fund status
Yes — on HMRC’s list of reporting funds (list of )
Reporting fund since . What reporting fund status means
Can usually be held in
ISA and SIPP
Check with your platform: each decides which funds it offers.
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£6.84−8.3% over 1 year · closing price
INRG closing price: £7.46 on 14/11/2025, £6.84 on 13/11/2026 (−8.3%); low £6.55, high £10.00.

Over the last year, the closing price went from £7.46 on 14/11/2025 to £6.84 on 13/11/2026 (−8.3%). The lowest close shown was £6.55 on 30/10/2026 and the highest £10.00 on 29/05/2026.

One close a week. Before 31/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Price only — income paid out is not included, so the line can end below the total return above.

As of , at least 15 min delayed

Five years of prices, and after inflation

262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

What it holds

As of , INRG holds 103 positions, according to its published holdings. The largest is Nextpower at 9.92% of the fund; the ten largest make up 51.7%.
Holdings
101
103 reported in all
Ten largest
51.7%
of the whole fund
Effective number of holdings
26
As concentrated as this many equal-sized holdings (how it is worked out)
Largest holding
9.9%
Nextpower

Top 10 holdings

Top holdings of INRG: the ten largest, as a percentage of the whole fund, as of 06/11/2026
Rank#HoldingWeight as a percentage of the fund
1NextpowerNXTIndustrials9.92%
2First SolarFSLRInformation Technology9.26%
3IberdrolaIBEUtilities6.70%
4China Yangtze Power600900Utilities5.47%
5Bloom Energy · Class ABEIndustrials4.93%
6AXIA EnergiaAXIA3Utilities3.91%
7Vestas Wind SystemsVWSIndustrials3.44%
8Ormat TechUtilities2.94%
9Enphase EnergyENPHInformation Technology2.61%
10Chubu Electric Power9502Utilities2.48%

As of , holdings as published

Where it invests

The portfolio by sector, country and type of asset, as a share of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

By sector

  1. Utilities47.2%
  2. Industrials30.8%
  3. Information Technology20.0%
  4. Energy1.5%
  5. Materials0.3%
  6. Cash and derivatives0.2%
As published for the fund, as of 06/11/2026.

By country

  1. United States37.8%
  2. China18.2%
  3. Brazil8.2%
  4. Spain7.9%
  5. India5.3%
  6. Denmark5.1%
  7. Israel3.5%
  8. Portugal3.1%
  9. Other countries10.9%
As published for the fund, as of 06/11/2026.

By type of asset

  1. Equity99.8%
  2. Cash and money market0.3%
Added up from the fund’s published holdings, as of 06/11/2026.

See the full portfolio

Every holding with search and filters, the whole breakdown by sector, country and type of asset, a map of the 100 largest and what changed since .

All 101 holdings of INRG

More of the portfolio

The fund publishes 103 holdings; the ten largest make up 51.7% of it. The fund's portfolio is also split by currency.

Create a free account to see the full holdings list and the currency, maturity and credit-quality breakdowns

Sign-up takes an email address. There is no card to enter and nothing to pay.

Holdings:Compare what it holds with another fundHoldings overlapHow overlap is measured

Funds tracking the same index

2 funds track S&P Global Clean Energy Transition, this one included and share classes counted once; their ongoing charges range from 0.65% to 0.65% a year (13/11/2026).

2 funds that track the S&P Global Clean Energy Transition, listed by name. Returns are as reported to 13/11/2026, in pounds, with income reinvested unless marked “price”.
FundCharge1 year3 years5 years
iShares Global Clean Energy Transition UCITS ETD USDThis fundDistributing · 0.65% a year0.65%−8.2%Not reported−29.0%
iShares Global Clean Energy Transition UCITS ETFAccumulating · 0.65% a year0.65%−8.2%+36.4%Not reported

As of

S&P Global Clean Energy Transition funds compared: charges, sizes and share classes

Read more:Index fundsTracking differenceHow funds are compared

Other versions of this fund

iShares’s other share classes and funds on the S&P Global Clean Energy Transition. They can differ in how income is paid, currency hedging and charge.

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 252 rolling 12-month returns since January 2021, and of 148 rolling three-year returns, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.

    With a free account

Create a free account to see the risk ratios, every rolling return and each large fall and its recovery

Sign-up takes an email address. There is no card to enter and nothing to pay.

  • Moves compared with a similar fund

    Correlation and beta of weekly returns in pounds against iShares Core MSCI World UCITS ETF, over the three years to 13/11/2026 (154 weeks).

    Pro

Pro — currently by invitation

Pro includes moves against a comparable fund

Pro is open by invitation while it is being built. There is nothing to buy. To ask about access, email [email protected].

Questions people ask

What is the ongoing charge of INRG?

The ongoing charge of INRG is 0.65% a year — about £65 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 iShares Global Clean Energy Transition UCITS ETD USD 0.65% a year. Compared on 14/11/2026, 6 of the 177 other sustainable and clean-energy funds charge more, 6 the same and 165 less (share classes counted once).

What does INRG track?

INRG tracks the S&P Global Clean Energy Transition.

Is INRG accumulating or distributing?

INRG is distributing: income is paid out to holders as cash, usually a few times a year. It pays out semi-annual.

What is the ISIN of INRG?

The ISIN of INRG is IE00B1XNHC34. An ISIN identifies one exact share class of a fund; INRG is its ticker on the London Stock Exchange. The same share class is also listed as IQQH (Xetra, euros).

What does INRG hold?

As of 06/11/2026, INRG holds 103 positions, according to its published holdings. The largest is Nextpower at 9.92% of the fund; the ten largest make up 51.7%. Its ten largest holdings are Nextpower (9.92%), First Solar (9.26%), Iberdrola (6.70%), China Yangtze Power (5.47%), Bloom Energy · Class A (4.93%), AXIA Energia (3.91%), Vestas Wind Systems (3.44%), Ormat Tech (2.94%), Enphase Energy (2.61%) and Chubu Electric Power (2.48%).

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

Calendar-year returns of INRG in pounds (price only, income paid out not included): 2022 +4.8%, 2023 −24.6%, 2024 −24.2%, 2025 +34.7%; 2026 to 13/11/2026 −5.9%. Past performance is not a guide to future returns.

How has INRG done after inflation?

Over the five years to 13/11/2026 INRG’s total return was −29.0%, or −44.6% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More sustainable and clean-energy funds, largest first. Size is a fact, not a verdict.

Fund documents and methods

Fund documents
Fund page at iShares · Key investor information document (KIID) · Factsheet (links checked )

Methodology:ReturnsCategoriesAll methods

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