Clean energy (solar, wind, etc.)
Companies in solar, wind, hydrogen and energy storage: First Solar, Enphase, Vestas, Orsted. Was a darling in 2020 and crashed hard in 2022-23 as interest rates rose (high rates hurt long-payback infrastructure projects). Volatile and rate-sensitive.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Direct exposure to the energy-transition theme
- Will benefit if interest rates fall meaningfully
- Diversifies away from fossil-fuel risk
- Already crashed 60%+ from 2021 peak: could drop more
- Very rate-sensitive: gets hammered when rates rise
- Pays dividends out: extra admin
About this fund
Solar (First Solar, Enphase), wind (Vestas, Orsted), and broader transition plays. Highly volatile; sensitive to interest rates.
Available on Interactive Brokers
Low-cost access to Clean energy (solar, wind, etc.) and 10,000+ funds worldwide.
Frequently asked questions
Is INRG.L accumulating or distributing?
iShares Global Clean Energy Transition UCITS ETF (INRG.L) is a distributing ETF, so it pays its dividends out to you as cash, usually a few times a year. If you would rather have dividends reinvested automatically, look for an accumulating share class of the same index.
What is the annual fee (TER) for INRG.L?
INRG.L has a total expense ratio (TER) of 0.65% per year. On a $10,000 holding that is roughly $65 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy INRG.L on Interactive Brokers?
Yes. INRG.L trades on LSE, GBp and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does INRG.L invest in?
iShares Global Clean Energy Transition UCITS ETF (INRG.L) tracks the S&P Global Clean Energy Transition. Companies in solar, wind, hydrogen and energy storage: First Solar, Enphase, Vestas, Orsted. You buy one fund and get the whole basket in a single trade.
Is INRG.L a UCITS ETF, and where is it domiciled?
Yes, INRG.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is INRG.L?
On the TickerCompare 1 to 5 scale, INRG.L is rated higher risk (5/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.