ETF comparison
ICLN vs TAN
Both Thematic.
Holdings overlap
19 positions appear in both funds. Buying equal dollars of ICLN and TAN would leave roughly 28.3% of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
ICLN is 31 bps cheaper than TAN. On a $100,000 position that's about $310/yr more in fees for TAN.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with ICLN vs TAN.
Top shared holdings
19 shared in total| # | Holding | In ICLN | In TAN | Overlap |
|---|---|---|---|---|
| 1 | NEXTPOWER INC. | 7.26% | 10.49% | 7.26% |
| 2 | FIRST SOLAR, INC. | 7.14% | 6.70% | 6.70% |
| 3 | ENPHASE ENERGY, INC. | 3.24% | 7.06% | 3.24% |
| 4 | SOLAREDGE TECHNOLOGIES, INC. | 1.92% | 4.27% | 1.92% |
| 5 | CLEARWAY ENERGY, INC. | 1.88% | 3.49% | 1.88% |
| 6 | ENLIGHT RENEWABLE ENERGY LTD | 1.46% | 7.42% | 1.46% |
| 7 | Solaria Energia y Medio Ambiente, S.A. | 1.08% | 3.98% | 1.08% |
| 8 | Shoals Technologies Group Inc | 1.00% | 1.84% | 1.00% |
| 9 | JinkoSolar Holding Co., Ltd. | 0.53% | 1.97% | 0.53% |
| 10 | CANADIAN SOLAR INC. | 0.52% | 2.09% | 0.52% |
| 11 | DORAL GROUP RENEWABLE ENERGY RESOURCES LTD | 0.46% | 4.40% | 0.46% |
| 12 | TSEC CORPORATION | 0.44% | 2.02% | 0.44% |
Only in ICLN
86 total- BLOOM ENERGY CORPORATION 13.70%
- China Yangtze Power Co., Ltd. 5.88%
- VESTAS WIND SYSTEMS A/S 3.36%
- PLUG POWER INC. 3.27%
- EQUATORIAL S.A. 2.88%
- SUZLON ENERGY LIMITED 2.37%
- EDP, S.A. 2.33%
- Chubu Electric Power Company, Incorporated 2.01%
- Oersted A/S 1.83%
- Energisa S.A. 1.34%
Only in TAN
11 total- GCL-Poly Energy Holdings Ltd. 5.61%
- Sunrun Inc. 4.34%
- HA Sustainable Infrastructure Capital, Inc. 4.16%
- Xinyi Solar Holdings Ltd. 3.93%
- Grenergy Renovables S.A. 2.87%
- Daqo New Energy Corp. 2.44%
- Scatec ASA 2.17%
- Flat Glass Group Co., Ltd. 1.76%
- Xinyi Energy Holdings Ltd. 1.25%
- West Holdings Corp. 1.09%
Open ICLN or TAN at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.