iShares Global Clean Energy Transition UCITS ETF USD (Dist)
IQQH.DE European UCITSUpdated: Jul 5, 2026, 21:17 UTC
Key Metrics
Top 10 Holdings
| Holding | Ticker | Weight | Bar |
|---|---|---|---|
| Bloom Energy Corp Class A | BE | 12.13% | |
| First Solar Inc | FSLR | 9.54% | |
| Nextpower Inc Class A | NXT | 8.39% | |
| Enphase Energy Inc | ENPH | 5.91% | |
| China Yangtze Power Co Ltd Class A | 600900.SS | 5.31% | |
| Plug Power Inc | PLUG | 3.63% | |
| SolarEdge Technologies Inc | SEDG | 3.02% | |
| Vestas Wind Systems AS | VWS.CO | 2.7% | |
| Equatorial SA | EQTL3.SA | 2.26% | |
| Suzlon Energy Ltd | SUZLON.BO | 2.12% |
Sector Allocation
About This ETF
The iShares Global Clean Energy Transition UCITS ETF USD (Dist) (IQQH.DE) is a European UCITS ETF with an expense ratio (TER) of 0.65% and $5.1B in assets under management., with its largest holdings being Bloom Energy Corp Class A, First Solar Inc, Nextpower Inc Class A. Year-to-date, IQQH.DE has returned +20.94%.
FAQ — IQQH.DE
What is the TER of IQQH.DE (iShares Global Clean Energy Transition UCITS ETF USD (Dist))?
IQQH.DE has a Total Expense Ratio (TER) of 0.65 % per year. That sits above the european ucits category median (0.20 % across 9 peer ETFs). The TER is deducted directly from the fund and lowers your effective return.
What return has IQQH.DE delivered?
Performance for IQQH.DE: YTD: +20.94 %. Past performance is no guarantee of future returns.
What are the top holdings of IQQH.DE?
The five largest positions in IQQH.DE are: BE, FSLR, NXT, ENPH, 600900.SS. The full holdings list is updated daily on this page.
Where can I buy or set up a savings plan for IQQH.DE?
IQQH.DE is available at most major brokers. For a free monthly savings plan from €1, look at Trade Republic, Scalable Capital or Flatex. The broker comparison on this site shows fees, free-savings-plan ETFs and execution exchanges side by side.
iShares Global Clean Energy Transition UCITS ETF (IQQH.DE) at a glance
The iShares Global Clean Energy Transition UCITS ETF tracks the S&P Global Clean Energy Transition Index, bundling leading companies in solar, wind, hydro and hydrogen worldwide. Its largest positions include Bloom Energy, First Solar and Vestas Wind Systems. Traded in EUR on German exchanges, the fund is EU-domiciled (UCITS) and pays out income (distributing, Dist). For investors it offers a concentrated thematic building block on the global energy transition rather than broad market exposure.
Performance & drivers
Year to date the fund has returned +37.48%. At roughly EUR 11.47 the price sits near its 52-week high of EUR 11.53 and well above the 52-week low of EUR 6.27, reflecting a strong sector recovery. Meaningful 3-year and 5-year figures are not available in the underlying data. Key drivers include renewable-energy support programmes, falling costs for solar and wind technology, and the interest-rate environment, which heavily affects capital-intensive projects. Thematic ETFs of this kind are highly volatile: powerful rallies are often followed by sharp pullbacks, so past moves are no guide to future returns.
Risk profile
This is a concentrated thematic ETF with heavy sector tilts: utilities (36.02%), industrials (31.60%) and technology (30.65%) dominate. That limited diversification raises volatility considerably versus broad global indices.
- Currency risk: The underlying index and many holdings are denominated in US dollars and other foreign currencies, so euro-area investors carry EUR/USD exchange-rate risk even though the share class trades in EUR.
- Concentration: Bloom Energy alone weighs around 13.74%, so single-stock risk is significant.
- Rate & policy risk: Rising rates and changes to subsidies hit the sector directly.
Who is it for?
The fund suits conviction thematic investors with a long horizon (at least seven to ten years) who want targeted exposure to the global energy transition and can stomach sharp swings. As a satellite alongside a broadly diversified world portfolio it can add a clear tilt. The total expense ratio of 0.65% is higher than that of broad index ETFs.
It is less suitable for safety-oriented investors, short horizons, or as a sole core holding. Anyone seeking wide diversification across all sectors, or low-volatility income, should hold it at most as a small allocation.
How it compares
Several UCITS alternatives from other issuers cover the clean-energy theme:
- L&G Clean Energy UCITS ETF: follows its own Solactive index with a broader universe spanning the full value chain.
- Invesco Global Clean Energy UCITS ETF: applies a WilderHill/clean-energy approach like IQQH but with different methodology and weighting.
- HANetf S&P Global Clean Energy Select (third-party): targets a similar selection with a focus on liquidity.
At around USD 4.4bn in assets, IQQH is one of the largest and most liquid options; index logic, costs and distribution policy differ from fund to fund.
Where can I buy IQQH.DE?
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