ICLN

WesternCourage2539

Makes sense. solar’s an exciting space but also easy to get carried away with the narrative. The tricky part is a lot of that upside is already priced in, and returns depend heavily on policy, rates, and execution—not just demand growth. ETFs like ICLN give you broad exposure, while names like FSLR are more about timing and conviction. If it’s “long shot” capital, just size it assuming volatility curious what your time horizon is here.

cest_la_vino

You mean the ICLN that's up over 50% the past year? That bust?

jaajaajaa6

Renewable investments have come and gone before on these types of events. The technology is not here yet, it just sounds good. I fired my PM when he put a chunk of money in ICLN. Glad I did, it lost over 30%.

sirjeef

If by no brainer you mean you’d have to have no brain to invest in it, then yes!!! I invested in ICLN in 2020 when it seemed like there was going to be a big push for renewables. Major bust. Scarcity drives market prices up and renewables aren’t scarce…they’re renewable. I wish there was a market for renewable energy because I truly believe that’s what the world needs, but oil just has a strangle hold on the market as it is and this war isn’t going to change that.

toastygoats

When I first started putting money into my Roth in 2020 I started positions in TAN, PBW, FAN, ICLN. Those positions were high and mighty when Biden was first elected, perhaps in anticipation for the green new deal.  Most of my positions are still green (TAN isn’t, but has been doing better recently) but if I was to approach this again, I might’ve just picked a few companies I felt confident in and/or sell on highs.  I believed (and still do in some senses) that green energy would be inevitable, and value in these sorts of ETFs would have a generally upward momentum year by year.  Maybe if the US elects another Democrat with “green” intentions these ETFs will get a nice boost again, but I might close out my positions at that point. I don’t think either side of the aisle is taking climate change seriously enough, and especially Republicans although of course politics is just one influencing factor here. But generally I’d be afraid of another move back into the red on year long scales and either would want to manage this more closely, or invest in areas I’m feeling more confident 

MrTouchnGo

I invested in ICLN in 2020 when Biden was elected and it lost 30% of its value

OftenOlives

ICLN long is easy

diskfreak3

Random ICLN plug Early bird gets the worm

Ocampo-Mark

VFTAX and ESGV are definitely ESG-lite since they mostly just use exclusionary screening to remove things like tobacco and fossil fuels while keeping a massive 38 percent weight in tech. If you want something that feels objectively good for the world you should look into thematic impact funds like ICLN for clean energy or SDG for global sustainable goals. These funds move away from big tech and focus on companies deriving revenue from real world solutions. I used trylattice to cross reference your concern and it is perfect for catching things in stock filings that reveal greenwashing or heavy tech concentration.

PraetorianFury

ICLN is up like 1% in a day while everything else is red. People are definitely more interested in green energy as a result of the Iran war.

Cruian

>was looking at something like 60% CSPX, 25% VWRP and 15% EQQQ. VWRP already either fully or nearly fully holds CSPX. Almost all of EQQQ is inside CSPX (and therefore VWRP). Why do you plan to buy some companies 3x, others 2x, and others (US extended market and ex-US) only 1x? >I’ve been wondering how people usually balance ETFs with individual stocks. For example, putting some money into specific sectors or companies when opportunities come up (like defence companies with everything going on globally). I'd be careful with this. Things don't always work out how people would expect (such as ICLN, a green energy ETF, doing better under Trump 1 than under Biden, even though Biden could easily be seen as more friendly to green energy). >I’ve also seen a lot of people talk about dividend investing but I don’t fully understand how that works yet or whether it’s something people focus on later rather than early on. Dividends are part of the total returns, they aren't free money as the share price drops by the distribution amount. A $100 share would become a $98 share + $2 dividend, since the stock or fund is no longer trading with that value built in (the adjustment will come a bit before the dividend being paid out once the information of "who to pay the dividend to" is recorded).

Legaon

The main issue, that relates to the “stock market” — for the Middle East conflict. Is the: (1)Strait of Hormuz disruption/(2)disruption to “original oil flow”. Oil prices + gasoline prices + diesel prices = going up dramatically. Everything becoming more expensive — because the US majorly relies on the STRAIT OF HORMUZ. Lots of volatility in the future. In the long run, perhaps at a much quicker rate, you will probably see: (1)”old industries dying”, and being replaced by “newer industries”. ->OLD INDUSTRY: oil industry — declining — US does not depend as heavily, on this industry. Because it means, relying heavily on “international shipping routes”. ->NEW INDUSTRY: renewable energy + electricity + etc. —> iShares Global Clean Energy ETF (ICLN). In one year: (54.38% capital application). https://finance.yahoo.com/quote/ICLN/ —> 7 Best Energy ETFs to Buy Now The energy sector has outperformed strongly in the opening months of 2026 due to heightened geopolitical tensions. —> State Street Energy Select Sector SPDR ETF (XLE). In one year: (31.62% capital appreciation). [100% energy sector] https://finance.yahoo.com/quote/XLE/ Basically, you are just going to see, in the long run this: (1)old industry’s dying — being replaced by — (2)new industries. ->Many centuries ago: (1)the whaling industry was extremely profitable. Killing whales for: (1)a food source/(2)blubber — to convert to oil. But, to keep a constant supply of oil, you need a “constant supply of whales” — which is not happening. There will soon be the invention of the (first automobile + mass public adoption of the 1st automobile). You need a lot of (oil + gasoline + diesel) — for the mass public “to use automobiles”. The most effective way to meet this “public demand for more OIL + GASOLINE + DIESEL”. Oil wells + oil refineries + oil drilling + etc. ->As the previous part occurred, there was: (1)drastic decrease in “whaling expeditions”/(2)money was now mainly allocated to the — oil industry. ->Because of this Middle East war — involving the “Strait of Hormuz” — you are going to see the same thing. There will be a major public view shift, regarding “renewable energy sources”. OLD INDUSTRY: (Oil) — NEW INDUSTRY: (alternative energy sources). ->The major players, will just “switch sides though”. Oil giants — will just “switch over to ALTERNATIVE ENERGY SOURCES”. ->[United States] Strait of Hormuz = international shipping route, mainly for “oil”. Relies heavily on (international production). Relies very little on (domestic production). ->[United States] Renewable energy sources = possibly relies more on (domestic production).

snotick

And this is where we are talking apples and oranges. Think about what you just typed. >In any portfolio of many stocks, there are usually going to be winners and losers. If you find yourself in a situation where all of them were winners, then woohoo!!! Be happy and don't worry that you cant take advantage of tax loss harvesting!! I can rephrase your comment. If you're in an ETF that holds many stocks, the winners and losers are balanced by the management team to achieve the goal of steady growth, income or diversity. You don't have to worry about winners and losers, just the bottom line. You've given an example of 10 stocks where 7 are flat, 2 are up and 1 is a total loss. What you didn't give was an example where all 10 are winners? Or when all 10 are losers. In the end, owning individual stocks is more volatile than owning index funds. And often times, the gains are no better off. The fact that many stock owners use the argument of tax loss harvesting as a reason means they know they have losers. My last ETF loser was ICLN. I bought it going into the Biden 1st term because he was going to push clean energy programs. >But if you are like me and not all of them are winners..., **then you invest in a bunch of stocks hoping all of them will do well**, but after some time wind up with a mixture of winners and losers. You realize you just described and ETF?

CatLadyAM

Check out GEV and ICLN.

Sharlach

I like SO, NEE, CWEN, and DNNGY, but there's others too. Duk, BEPC, or even ICLN (etf).

Awkward-Roof1500

as someone who pre biden election bought ICLN... I understand

Temporary-Raisin-259

Thoughts on ICLN

anywhoaroundhere

True. Wonder if the inverse is happening now? ICLN is a good recommendation for OP since it is geographically and technologically diversified. Done well for me. Bulk of my purchases were in March & April 2025. Still buying on dips.

dvdmovie1

ICLN was run up massively in late 2020 because everyone thought Biden = "clean energy is free money." The inauguration was about the top.

St3w1e0

That's true, but your average clean energy investment will probably do alright. If we look at ICLN which is pretty much the benchmark: 40% in utilities. Selling increasingly renewable electricity is going to be pretty stable for a long time, until prices start to drop. About 20% in components and other equipment, mainly solar trackers (11%) and inverters (4%). These should continue to do okay, are less exposed to changes in renewable technology and need regular replacement, but nonetheless more cyclical than utilities. 12% in solar manufacturers, which are the ones most likely to be pressured, largely selling a commodity and perform poorly, but may reap occasional windfall profits (like oil and gas). Also includes quite a few of the Chinese producers. 8% in wind turbine manufacturers. These are not amazing businesses but they do have geographic moats (each region produces its own as it is not cost effective to ship). Also some other things that might do well in there, like Ormat (geothermal 3%). Others like Fuel cells (Bloom energy particularly at 10%) perhaps not so much and more a function of the AI boom. So it's a balanced mix. Key risk is actually: what happens to 20% China (and greater underlying) exposure if there's conflict with US.

fruitloop00001

When ICLN is going up, we're practically Greta Thunberg. When WAR is going up, we're practically Oliver North. When 🥭 is doing 🌮, we're all just trying to profit from having a narcissistic mafia boss in steep mental decline running the world's largest economy and codes to the nuclear missiles.

crywhenugetolder

ICLN pretty solid return since April 2025 good exposure to Bloom Energy

Sufficient-Curve-853

I think this what most others have said - definitely a high tide coming for infrastructure, energy build out, and all energy sources. I just wish some shop - maybe ARK - would launch a "Future Energy Innovation" ETF. It could still hold things like XOM, CVX, LNG, OKE etc but would also have sort of a best of IFRA, EINC, FUTY, FIDU, CTEC, ICLN. Kind of the next wave of energy infrastructure, which appears will be needed after AI gets incorporated into all aspects of business.

Sufficient-Curve-853

My take is with the AI build out it is gonna be all sources welcome for many years. Trying to pick companies all throughout the energy spectrum. I think maybe under the radar are some of the pipeline plays that while oil prices are relatively down still generate a lot of cash. Seems like there is space for a "Future Energy" ETF which could include XOM, CVX, or COP but also renewables, nuclear, battery storage, utilities and infrastructure - sort of the best of IFRA, FUTY, FIDU, CTEC, ICLN and EINC.

Sufficient-Curve-853

Ok, yeah I guess I must have seen that one before but kinda forgot about it, thanks. Very similar to ICLN which I don't own either. Just wish an ETF came out that was a thematic like "Future Energy" - then it could capture wind, solar, nuclear, and all the industrials associated with sort of the next wave of energy infrastructure - a bit late anyway - but something like the best of ICLN, FRNW, IFRA and NLR, which obviously would try to tie into the AI datacenter tailwind.

0xHermione

If you liked ICLN, check out NEP, PLUG, and BE. Big moves in wind, solar, and hydrogen coming next year.

crazybutthole

Do you have ticker symbol for pure play solar ETFs? Closest I found (on my first search) was ICLN - but that has a lot of utility companies and other things that are not a play on solar sales and installation. I asked AI and they weren't very helpful I will look around a bit

slendermanwrites

Theres plenty plays to choose from, from top of my head PWR, STEM, NXXT, ICLN and so many more

Responsible-View-259

I mess with these: ICLN broad exposure, AES for distribution and NXXT for microgrid exposure

M0dsw0rk4free

Damn, ICLN is a ticker I haven’t seen in years…Going from a high of around 52$ in 2008 to around 17$ today is even crazier.

MilkshakeSocialist

Not often I see European tickers on here. Pretty sure IQQH is ICLN in America.

TheInkDon1

So I'm doing ETFs, which don't drop as fast/much as stocks do. So they're easier to react to, AND less susceptible to 'revenge holding' the ticker "because it *has* to come back." They don't. So of course every day in your account your going to see the value of your LEAPS Calls. And hopefully your broker provides your Buy price there too. So it's easy to see if your Call is gaining or losing value. Once it starts losing value, I look at its chart: is it a blip, or a "rollover" where now the ticker is heading down? I look back 1 month, and if the ticker today is trading for what it was a month ago, I sell the position and move on. "Cut your losers and let your winners run." You have to be ruthless about that. Take a look at [this chart of ICLN rolling over.](https://imgur.com/a/aHLjOAx) It's the green line. (The other 3 are the ETFs I'm in right now.) It had been doing well, but then it leveled out and started going down. I was fading out of it last week, and got completely out on Friday. So that works, and is a pretty-concrete thing to look at that fits with my OCD. But I'm starting to think that a 2-week lookback might be better.

NormalFucker

Update as per my knowledge Healthcare 25% CSL Clean energy and Minerals 15% ICLN - iShares Global Clean Energy ETF 7.5% LIT - Global X Lithium & Battery Tech ETF 7.5% Tech infrastructure - 30% HACK - Betashares Global Cybersecurity ETF 10% SMH - VanEck Semiconductor ETF 10% NDQ-NASDAQ 100 ETF 0% Defence/Energy 15% DFND - VanEck Global Defence ETF Global Economic Utility 0% 100 - iShares Global 100 AUD ETF U.S. Economic Utility 0% VTI - Vanguard Total Stock Market Index Fund ETF Keep extra as a liquid for opportunity 😁

TestingLifeThrow1z

You're going to underperform the market. To overperform the market, you'd need VTI, QQQ, IOO and you can use spare charge on DFND and HACK. LIT and ICLN are terrible. Healthcare is a hit or a miss and has underperformed the market.

Stock_Exchange_1840

ICLN CNRG TAN PBW ACES QCLN EARTH all gonna boom, either we have a functioning climate or there won’t be a stock market, it s a safe bet unless God reverses all climate change and bad infrastructure to good infrastructure overnight

TestingLifeThrow1z

I remember NIO and the ICLN days, good times, nice green, and then it all goes away. Nio had price targets of 120+, solar stocks were going to boom, they got delisted.

Save-the-Earth-2100

so ICLN is a buy?

TheInkDon1

I only trade ETFs now because I've been burned too many times by individual stocks. And I trade them on 3-month momentum. My 3 current favorites (which along with GLD and TLT make up my whole portfolio) are: ICLN, SMH, XBI [This is what they look like](https://imgur.com/a/jebeFaQ) over the past 3 months. If they continue that average 9%/month rate for just the next month or two, capture it with the \~3x leverage of 80-90-delta LEAPS Calls. And when those taper off, find replacements.

DesertFox_95

Fiverr, ICLN, KARS

dvdmovie1

> When we know everything is going red until December because Powell Nobody knows that or anything else in investing with 100% certainty. A favorite example in recent years was people pouring money into ICLN after the election in 2020 because they thought it was certain to be free money under Biden. Around the inauguration that January was the top - it's finally started to bounce years later, but it's still about half of where it was at the top.

dvdmovie1

"SPCE" Don't buy names just because they are part of a theme and/or have some sort of notable figure. Branson dumped a business on the public that was never going to sustain itself. He and Chamath sold a shit ton in the 30's. " BB" Meme stocks *at most* are trades. Related: the Blackberry movie was actually pretty decent. "USOI" Don't buy ETNs/commodity-specific ETFs. "ICLN" Everyone piled in in the couple of months before Biden took office thinking that green was free money and turned it into a mini bubble. The top was a week or so before the inauguration. Then higher rates and other issues resulted in it cratering further. IMO: ICLN has had a good year and I'd consider keeping that as a supporting player but not a huge position. The others I'd absolutely dump.

tidnab49

Dumped my bags of ICLN this year.

spinrut

I've been selling off my duds. BB, ICLN, Lucid, DOCU lol. offsets the massive PLTR gains

PhoenixWright14

ICLN is up 59% YTD so it doesn’t seem to be completely festering away. Taking a look at the SPCE chart is wild. It spiked above $1000 in Jan 2021, dipped down to around $300 in May, and then shot back to above $1000 in July. It’s now at $4.

Vandilbg

ICLN has been slowly gaining ground back.

TheInkDon1

Sounds like you've made a lot of progress, and I'm glad my trading plan fit with other things you've heard and thought. Once you started looking at ETFs it was eye-opening, wasn't it? If we can find those ones doing 30, 40, 50% per quarter and ride them for a month or two of that, then we ought to be able scalp some of that return ourselves. And then the leverage of LEAPS Calls makes them all the more worthwhile. Good for you starting to sell CCs! They're the simplest thing you can do with options, but few do them. They do have drawbacks when the stock runs too hard and they cap gains, but I like the dampening effect they have when the stock goes down. So read up on them more, and play with them more, but know that you literally can't lose money if you sell them above the Cost Basis of your stock. Yesterday I put on these 5 ETFs in my sister's rollover IRA, and today the same 5 in mine and my wife's: GLD TLT ICLN SMH XBI Gold and Treasuries will always be part of my accounts, then 3 ETFs chosen on momentum. 20% in each. As the momentum choices flatten and roll over, they'll be replaced with the current best ones.

TheInkDon1

Ah, I see now that I did promise to capture fills on all 3. In my mind it was only on XBI, because that was the one So-I-Fink had called out specifically. SMH & ICLN spreads were much tighter, and I was able to walk them in from the beneficial side of Midpoint also. When I've decided to buy, I just buy. I should wait for a down day at the very least, but I don't have the patience. I figure it all works out in the end.

tumblatum

Thanks for the update. I assume you didn't go for SMH and ICLN? Just trying to understand how one makes decisions when buying

tumblatum

RemindMe! 30 hours (Capture fills on SMH, ICLN, XBI)

TheInkDon1

True, but generally irrelevant. Here on the weekend the spreads are especially wide, but when the market opens Monday they'll tighten up some. And even if they're still wide, you generally get filled very near Midpoint. Whether it's the Market Makers being nice guys (ha!), or my brokerage (Schwab) giving me Best Fill, I'm usually filled within in a penny or two of Mid. In fact, I'll do an experiment for us: I'm going to buy 80-delta LEAPS Calls on these 3 ETFs Monday (SMH, ICLN, & XBI) and I'll take a screenshot of my orders, capturing the spreads in the shot, and then my fills. I'll post them here and we'll finally know whether wide spreads on thinly-trade tickers matter. RemindMe! 39 hours (Capture fills on SMH, ICLN, XBI)

TheInkDon1

Thank you! **SOXL** is triple-leveraged, as you probably know, so watch that dude closely. Those 3 in the screenshot above are the ones I'm going to put my sister's money in Monday, so I'm comfortable recommending them to anyone. But have you seen [how I screen ETFs on Barchart](https://imgur.com/a/screening-etfs-on-barchart-zLCc55F)? That's what I did today, and those 3 above (**ICLN**, **XBI**, **SMH**) are the ones I picked based on their smoothness. You can find "higher," but you won't find smoother over the past 3 months. Do you know how to calculate the leverage you're getting with LEAPS Calls? If you really think about the insane returns they offer, you'd be happy to 'settle' for smoother returns over **volatile** potentially-higher ones. Cheers!

TortugaTurtle47

Ethics is pretty subjective and it'll make investing pretty difficult and not very worthwhile. Check out ESGU, ESGV, ICLN, and TAN and see if they may fit what you're looking for.

TheInkDon1

I don't, really. But if OI is zero, and the AH Bid/Ask is 0.00/30, then I can't get a good fix on what the price of that option is going to be tomorrow when the market opens. (I'm looking at ICLN, specifically the 21Nov18.5C that I might want to sell as a CC.) But if I go out to the first LEAPS expiration, the 451DTE 15Jan27 expiration, there's plenty of liquidity there around 80-90-delta. And B/As are wide here AH, but I"m sure those will tighten up when the market's open. So yeah, maybe not zero in the places I'd want to buy or sell, but other than that I don't think about it. Because really, the Market Maker is there to make a market, whether you're buying or selling. So don't worry about getting stuck in an option you can't sell. At least it's never happened to me.

StonksMcGee

Why is no one talking about ICLN? It’s been on an uptrend for a while now.

Puzzleheaded-Score58

If it’s a taxable brokerage, I’d go with VTI/VXUS and a percent of SHY (if you want to preserve capital and if you’re worried about market crash, go with GOVT). If you like a little spice in your life, leave a small % so you can play around with certain stocks. For me, I put a few in ICLN and PICK to name a few. My best pick so far was VSTM where I would’ve made sooo much if I’d just put in a lot of money. But I’m not that adventurous. 😂 I would also DCA.

Important-Dish-9808

I have some energy stocks and etfs as part of my portfolio, a mix of different sources of energy.  GRID, ICLN, AMLP, VNOM, LNG, NEE and as a higher risk speculative play PROP.  

b-rad2016

Feeling great today which the ACB and TLRY climbs were stronger and would help SNDL too. ICLN and MTB are also treating me nicely. Really hoping the runs keep going.

Some_Local_2433

Sometimes these moves happen without any major news—could be a combination of technical buying, fund flows into clean energy ETFs, or short-term market sentiment. ICLN and solar stocks can also react to broader green energy or policy optimism even without a specific headline. Worth keeping an eye on if it continues tomorrow.

CumomEileen

Anyone here remember ICLN? Just realised I’m still bagholding shares in my isa. What a piece of shit 

Cruian

ICLN (iShares Global Clean Energy ETF) peaked in very early 2021, right around Biden's inauguration. https://testfol.io/?s=32wLGrDXBxM Be careful betting on what you'd expect to happen.

tidnab49

Sold my ICLN bags in my Roth today after watching it trade sideways for years… fuck it, moved over to some growth ETFs for longer term!

DeadAsspo

Ugh, ICLN wrecked me too...and was so good for a while. Hindsight is 20/20!

chr1sm

Energy ETF and EV’s are running 🏃🏻‍♂️ ICLN and CLNE ftw

Opening-Emphasis8400

Noted destroyer of wealth ICLN and MongoDB.

chr1sm

Clean energy stocks are on the rise 📈 ICLN, CLNE, ENPH

chr1sm

Clean energy stocks are gonna be a win this year ICLN,CLNE,ENPH

cdude

How do you look at ICLN's chart and think it's solid compared to the S&P 500?

Opie67

How we feeling about money rotating back to renewables? ICLN up 14% YTD, FAN up 20%

Opie67

ICLN quietly up 11% on the year. Will renewables finally turn around this year?

Unusual-Moment-2215

My cousin, a financial adviser from Edward Jones, some how convinced me to open a brokerage with them. First mistake. Then, he dumped everything into NIO and ICLN. He also threw me into some front loaded funds with 2 percent expense ratios. I’m down close to $100,000.

TestingLifeThrow1z

ICLN outperforms SP500 (2021). ARKK outperforms SP500 (2021). Famous words

LobesC99

ICLN

IcePicks_WSG

I had planned on entering energy in July with a split between VDE and ICLN to have clean and unclean energy. Definitely need to pivot somehow.

snotick

I bought ICLN when Biden won in 2020, thinking it would make good gains over then coming 4 years. I sold it at a small loss in January. Is there an administration that's good for the green energy sector?

Doomed716

FWIW I just started but my most consistent winner this year has been ICLN, a global clean energy ETF. Not huge wins, but it's not as tied to US markets as the big ETFs. So it gives my portfolio both an ethical basis for investing and diversification. It's actually mitigated some short term losses. I also dumped IVV at just the right time (mostly dumb luck but I did stick my thumb in the wind on Monday and I didn't like what I felt) and moved into FGDL (responsibly sourced gold) to get a commodities position, which I think will be important as USD slides over the next ~year.

csdude5

Fair question. Before COVID, my business was the only source of income for the household for about 20 years. But during COVID my income dropped by 80! The missus had to get a job, and now she has a 401k that's matched by her employer. Over the last 4 years my income improved, but not back to where it was. It was still enough, though, that she was able to put the maximum amount into her 401k. So even though we didn't quite say it like this, I guess we're treating her 401k more like the safe retirement, and mine is prepared to be a little more volatile. I wouldn't hate moving mine over to an index fund, honestly, but it's kinda hard to let go. I have some stocks that have made a killing (RCL has made over 500%!), so I'd hate to give those up. But about half of my portfolio has lost money (like YOLO and ICLN), and I hate to abandon them when they "could" bounce back. I'm pretty sure that we're going to continue seeing crashes over the next 4 years, though, so when the next big one happens I really might liquidate my portfolio and put it all in an index fund.

Neel_Crashkari

Remember that week we gave af about ICLN?

cactuo

I’m approaching my 40’s, live in the US, and have somewhat steady income. Back in the beginning of the Biden administration, I thought (like many others apparently) that green ETFs (ICLN, QCLN, TAN, PBW) would be good investments. Ironically, they did better under Trump 1, and I lost around 60% of my original investments over the course of the Biden administration. This was never money that I really needed, but I was hoping that this would sort of help with my retirement. I’ve been watching them slide and people have been telling me to hang onto them, but now we’re back with Trump, the EPA is being gutted, and I wish I had cut my losses way back. I would like to continue investing and supporting green energy, but I’m not sure that’s going to work out. I especially think I would like to dump the QCLN, which is about 7% TSLA, and I think TSLA is going to tank. So, I’m thinking about taking that QCLN, and possibly more, and pivoting to just solar, and specifically FSLR, which is in a dip. I read that solar has been having a great two years and is currently the fastest and cheapest way to power anything. I know the head of the EPA is boosting natural gas, and Trump hates wind, but he has said in the past that he “likes" solar. FSLN is US based and not Musk. I guess I’m just wondering if it makes sense to pivot, from QCLN and possibly those other holdings to FSLR and maybe other things in the green space that might endure Trump 2. Again, I don’t have an acute need for this money at the moment. It would be great if I could just have some extra padding on my retirement in 20 years or so.

dvdmovie1

Somewhat/kinda related: I still am surprised by all the people who kept saying that Musk having a role in the administration would be a good thing for Tesla. Even at the very beginning, him being a part of the administration may have helped from a regulatory sense but net/net it wasn't going to sell cars. And then everything that's happened since. The move post election was a complete bubble that was much worse than when everyone thought Biden was going to make clean energy easy money and piled into ICLN. TSLA was up 90% in a little over a month on nothing that was really that positive. I thought Musk was totally going to join the administration, dump the stock in the same advantaged way that Gary Cohn did with with his Goldman stock and maybe Musk puts some figurehead into place as CEO that really winds up being the "face" of the company while he still has his input. Nope. I don't think that Tesla is a zero but the company has managed to avoid the label with investors of car company (traditionally not a good industry for investors) for years, largely thanks to Musk. Tesla is the first company that actually made the stock kind of a product in/of itself. Does that finally start to erode a little? Does Tesla start to get valued even a LITTLE more like a car company until it can really materially show that it has become something more than that? Maybe. If that's the case the stock isn't a zero but the price certainly has further to decline.

Bulky-Gene7667

Last week I went PICK, and energy global with two funds for clean energy, PBD/ICLN. Only a few hundred per.   Just cause everyone's all a sudden hating clean energy doesn't mean they aren't willing to make money off it. 

DrB00

Except green energy company stocks have lost money or been relatively flat. Take ICLN for example. The ishares clean energy etf. It's down nearly 8% over the past 5 years.

Cruian

It doesn't cover developed markets outside Europe. So you'd be missing places like Australia and Japan. Nasdaq 100 already has heavy representation within the S&P 500. And why take the extra bet on companies largely based on "which of the US exchanges they trade on"? I'd avoid sector bets. Take a look at how VTWAX (total world stock) vs ICLN (global clean energy) has performed over the past 10 years and learn that sector hype can come and go: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=41MpwG1uuLm2HsX1PyzLrp Basically this looks like a more complicated version of the https://www.bogleheads.org/wiki/Three-fund_portfolio with a few "bets" added in.

Opening-Emphasis8400

All the ICLN/KRBN bagholders are currently otherwise engaged making sure the fries end up in the bag.

dvdmovie1

I've been selling. Will keep some as a long-term position but not buying here at all. I don't disagree with anything you said but the stock was up about 75% going into the election (which, in any name is an awfully good year in/of itself) then proceeded since then to go up about another 56% in a matter of about a month before pulling back and it's still up 150% YTD. The concern that I have is that it feels like you have a handful of things that people believe are "easy money" because of the election. For those who were on here in late 2020, there was also a lot of discussion that the clean energy ETF was "easy money" because of Biden. So you had the ICLN etf go up about 55% between the election and the first week of January, pulling forward considerable growth. People thought it was easy money because of Biden, but bought the shit out of it to the degree that it created a mini bubble and the top was right before inaguration. Clean energy then ran into other issues (inflation/higher rates), but for all the "easy money" discussion, it really never did well from the get go during the Biden administration. Not apples to apples obviously but I do think that with a few things viewed as beneficiaries of a Trump election, the market has indiscriminately bought to the point where it's once again pulling forward a lot before the administration even starts. If AXON got back into the $300's/low $400's I'd look at adding some back.

I-STATE-FACTS

Solar and green energy is going to have a shit of a time under the next us government. Next 4 years will be a long loading zone, i’m loading up on ICLN over the whole period.

I-STATE-FACTS

I’m accumulating on ICLN during these next 4 years.

asbestos_toothpaste

Trump won’t put a dent in solar. The recent sell off is way overblown IMO if you look at the Republican states that are benefiting from the IRA it’s actually overwhelmingly red states. Energy is a bi-partisan issue and the future is going to need a lot of it with AI, EV’s and all this crypto shit. It’ll be branded more as “all of the above” or alternative energy rather than clean and green but same difference. I personally like First Solar. They aren’t relying on China and the company’s balance sheet looks good. There’s also some ETF’s that are beat down like ICLN that could be a good buy ATM but I don’t know what half the holdings are in those things so I just go with FSLR

dvdmovie1

People piling in because they think that the Elon/Trump association makes it "easy money." Momentum snowballs, people have FOMO and all the sudden you have the stock up about 65% since the election. This is not a commentary on the company, but it feels a *little* like the ICLN mini bubble that happened in late 2020 because people thought that Biden being in office would mean that such names would moon. So people bought the shit out of it (went up about 55% post election to the top in early Jan) to a degree that they pulled forward a lot of growth and that January was the top. It later ran into other issues - higher rates - and still sits about 63% lower than that Jan top. I have no idea what Tesla does, but the level of buying short-term based on the Trump association (which will help from a regulatory standpoint, but in/of itself doesn't sell cars net/net) and the FOMO into that has pulled forward a lot. It's overbought at this point (although technically overbought can get more overbought), but would be surprised if there isn't a correction late December or - like ICLN in 2021 - early Jan. Not saying that TSLA will follow what ICLN did post top in 2021, but that maybe at the very least we're getting overcrowding in something that people think is "easy money" given election results similar to what happened with the ICLN in late 2020.

Timo_TMK

i don’t wanna stop you but I c got burned buying a leaps on ICLN, and thinking about it for genomics, it just also made so much sense. Unfortunately once the hype cycle is over, it’s back to fundamentals and these companies simply don’t generate any cash flow or don’t have actual products on the market. Leaps go to 0, eVTOL no diff

SocialSoundSystem

Agree. Early days I was heavy in ICLN etf and sold to diversify. Thankfully in 30s vs 13 today Bought back in around May when reading about their cancer vaccine trials… Dad was fighting pancreatic (and lost). Now I’m just waiting for next year’s pandemic contemplating more.

ThinkingOfTheOldDays

Could see an ICLN / Biden election like run for the 🌽 adjacent plays.

I-STATE-FACTS

Loading up on ICLN the next 4 years

1234567890-_-

ICLN and its components (FSLR, ENPH,etc

CrimsonBrit

I sold the day after the election at a significant loss after losing all faith that this stock, and the broader industry will perform well in the near future. It’s a stock I’ve tracked for quite some time and am not confident in revenue growth. In fact, revenue decreased from 2022 to 2023. The industry faces tremendous macroeconomic headwinds and the company itself is struggling. Ultimately $ENPH and the clean energy ETF $ICLN are part of my tax loss harvesting this year.

DiscoStu2U

I just sold ICLN for a loss and bought CNRG

CrimsonBrit

Today I took losses on the iShares Global Clean Energy ETF ($ICLN) and Enphase Energy Inc ($ENPH), because my thesis has changed. Under Donald Trump’s administration I imagine he will refocus the nation’s energy policy onto maximizing oil and gas production and away from fighting climate change. Renewable energy sources such as solar and wind are the fastest-growing segments on the power grid, according to the Department of Energy, driven by federal tax credits, state renewable-energy mandates, and technology advancements that have lowered their costs. But Biden’s 2022 Inflation Reduction Act guaranteeing billions of dollars of solar and wind subsidies for another decade as part of his broader effort to decarbonize the power sector by 2035 to fight climate change will be negatively impacted by Trump. Before the election he slammed the IRA as being too expensive and promised to rescind all unspent funds allocated by the law, which will significantly hinder the U.S. clean energy boom. I will probably increase my allocations in the US mega caps that were under fire for antitrust and were urged to split (Google, Visa), but otherwise I’m sticking with my primary strategies of index funds (e.g VOO). No change to $TSLA, Bitcoin, or anything like that. Not interested.

CrimsonBrit

Wow the response to Trump winnings includes massive gains to $TSLA, cryptocurrencies, big US banks ($JPM up 10% is wild), and massive losses to clean energy ($ENPH, $ICLN).

notapersonaltrainer

It looks like ICLN went up around 300% from Jan 16-21 (Trump) and down ~60% from Jan 21 to today (Biden).

TylerMoy7

Best to cut my MSOS and ICLN holdings now?

elcasar

Did someone around here mention ICLN recently? Worst fucking ETF of all time. Only maybe ARKG comes close.