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CLNEVanEck · Equity - Global Sectors · Equity · Global ex-Australia · ESG

VanEck Global Clean Energy ETF

Fee p.a.
0.65%
ASX report
Fund size
A$74m
12m flow A$-0.5m
Yield
0.9%
1 payments / yr
Volatility 3y
24.6%
annualised
Max DD 3y
−30.5%
all-time −53.3%
Listed
2021
10 Mar 2021 · spread 0.28%

Growth of $10,000

Since listing, distributions reinvested
$5k$6k$7k$8k$9k$10k$11k$12k202120222023202420252026
$10,000 at listing → $7,854 at 23 Oct 2026. Monthly points, distributions reinvested, before franking.

Performance

Period
Total
ASX
1 month
−8.6%
−2.2%
3 months
−14.8%
—
6 months
−15.4%
—
Year to date
−1.6%
—
1 year
−3.0%
15.0%
3 years p.a.
6.1%
5.0%
5 years p.a.
−5.2%
−2.9%
10 years p.a.
—
—
Since listing p.a.
−3.4%
—

Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.

Sharpe 3y 0.08Vol 1y 27.0%Vol 5y 26.1%Max DD 1y −30.1%Max DD 5y −53.3%Best year 42.6%25% positive years

What it costs to hold

Management fee plus trading costs, compared with similar funds.

Hold for
$353over 5 years, or 0.71% a year
Management fee (0.65% a year)
$325
Bid-ask spread (0.28%, paid once)
$28
Brokerage (buy and sell)
$0

A typical fund among Global ex-Australia equity funds would cost $296 (0.59% a year), so CLNE is $57 dearer.

Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.

Calendar-year returns

2022
−3.4%
2023
−13.1%
2024
−25.6%
2025
42.5%
2026
−1.6%

Where the money is

Look-through exposure as at 3 Sept 2026 · 29 securities · top 10 = 49.9%

Country

United States30.5%
Israel11.5%
Denmark10.8%
Portugal10.3%
New Zealand9.7%
Austria5.2%
Japan4.6%
Germany4.6%
Canada4.4%
Hong Kong3.6%

Monthly returns

JanFebMarAprMayJunJulAugSepOctNovDecYear
20267.80.61.410.315.2−8.5−13.6−3.3−1.9−6.1−1.6YTD
2025−2.91.7−0.5−0.96.35.48.25.44.314.2−2.2−1.542.5
2024−10.5−4.13.8−5.912.7−10.62.9−5.42.4−6.4−2.6−3.1−25.6
20230.8−1.91.4−1.60.1−2.21.2−7.0−8.3−12.17.310.5−13.1
2022−15.55.010.9−10.73.6−2.517.43.5−9.3−1.75.8−5.0−3.4
2021−0.8−4.310.5−6.85.1−6.012.1−0.6−16.7−10.3

Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.

Top holdings

Vestas Wind Systems A/SDenmark
6.1%
Edp SaPortugal
5.3%
Verbund AgAustria
5.2%
Edp Renovaveis SaPortugal
4.9%
Contact Energy LtdNew Zealand
4.9%
Meridian Energy LtdNew Zealand
4.8%
Orsted AsDenmark
4.7%
Enlight Renewable Energy LtdIsrael
4.6%
Chubu Electric Power Co IncJapan
4.6%
Nordex SeGermany
4.6%
First Solar IncUnited States
4.5%
Brookfield Renewable CorpCanada
4.4%
Clearway Energy IncUnited States
4.4%
Bloom Energy CorpUnited States
4.3%
Enphase Energy IncUnited States
4.1%
See all 29 holdings →

Most similar funds

Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.

Code
Fund
Fee
Overlap
Corr 3y
Betashares Climate Change Innovation ETF
0.65%
16%
0.75
Global X Hydrogen ETF
0.69%
9%
0.70
Betashares Electric Vehicles and Future Mobility ETF
0.67%
4%
0.54
Global X Battery Tech & Lithium ETF
0.69%
2%
0.60
Betashares NASDAQ Next Gen 100 ETF
0.48%
2%
0.41
Global X MSCI International Small and Mid Cap ETF
0.45%
1%
—
VanEck Morningstar International Wide Moat ETF
0.55%
1%
0.33
SPDR S&P Global Dividend ETF
0.35%
1%
0.31
VanEck MSCI International Growth ETF
0.40%
1%
0.54
VanEck MSCI International Value ETF
0.40%
1%
0.43
Compare CLNE with these →

CLNE questions answered

Written from the latest data on this page. General information only, not financial advice.

How diversified is VanEck Global Clean Energy ETF?

VanEck Global Clean Energy ETF holds 29 securities, and its ten largest positions make up 49.9% of the fund, more concentrated than the 35.9% typical of Global ex-Australia equity funds. That makes it fairly concentrated.

Its largest country exposure is United States at 30.5%, based on holdings as at 3 Sept 2026.

Which ETFs does CLNE double up with most?

CLNE shares the most holdings with Betashares Climate Change Innovation ETF (ERTH) (16% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.

None of these overlaps is above half, so pairing CLNE with one of them adds some genuinely different holdings.

How is VanEck Global Clean Energy ETF managed – active or passive?

VanEck Global Clean Energy ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.

Among Global ex-Australia equity funds, active funds charge a median 0.75% a year and index funds 0.45%.

What will I pay in fees for CLNE?

CLNE charges a management fee of 0.65% a year, about $65 for every $10,000 invested. Only 27% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global ex-Australia equity funds, the median is 0.55%.

Lower-cost funds with a similar focus include SPDR S&P World ex Australia Carbon Aware ETF (WXOZ) at 0.07%, SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG) at 0.10% and SPDR S&P Emerging Markets Carbon Aware ETF (WEMG) at 0.35%.

If you would rather have a manager choose the investments, active options such as Munro Climate Change Leaders Fund Active ETF (MCCL) at 0.90% cost more.

The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.28% for CLNE.

Does VanEck Global Clean Energy ETF follow a theme?

Yes. VanEck Global Clean Energy ETF focuses on clean energy and climate. Thematic funds are narrower than the broad market, so they can rise or fall much more than it does.

Other ASX funds with a clean energy and climate focus include SPDR S&P World ex Australia Carbon Aware ETF (WXOZ), SPDR S&P World ex Australia Carbon Aware (Hedged) ETF (WXHG), Munro Climate Change Leaders Fund Active ETF (MCCL) and Betashares Climate Change Innovation ETF (ERTH).

It also applies environmental, social and governance (ESG) screens, excluding companies that fail the issuer's ethical criteria.

What is under the hood of CLNE?

As at 3 Sept 2026, CLNE's ten largest holdings are Vestas Wind Systems A/S (6.1%), Edp Sa (5.3%), Verbund Ag (5.2%), Edp Renovaveis Sa (4.9%), Contact Energy Ltd (4.9%), Meridian Energy Ltd (4.8%), Orsted As (4.7%), Enlight Renewable Energy Ltd (4.6%), Chubu Electric Power Co Inc (4.6%) and Nordex Se (4.6%). Together they make up 49.9% of the fund.

It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings. Its top 10 weighting of 49.9% compares with 35.9% for Global ex-Australia equity funds.

How well has VanEck Global Clean Energy ETF performed?

Based on its category, VanEck Global Clean Energy ETF aims to grow your capital in line with the index it tracks.

To 23 Oct 2026, with distributions reinvested, it returned −3.0% over 1 year (median 6.3%; ranked 92 of 121), 6.1% a year over 3 years (median 16.8% a year; ranked 80 of 82) and −5.2% a year over 5 years (median 9.4% a year; ranked 66 of 66). The medians and rankings compare it with Global ex-Australia equity funds. Since listing in 2021 it has returned −3.4% a year.

Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for CLNE; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.65% a year, and a much bigger gap is a warning sign.

Past performance is not a reliable indicator of future performance.