ETFs signal
ICLN

ICLN

iShares Global Clean Energy ETF

ETFsMEXMXN-43.5% from ATH
Current Price

$20.82

Drawdown from ATH

-43.5%

Last Updated

Jun 17, 2026

Dipsern Grade90d

C

Marginal

Graded against ICLN's own history at this drawdown — not the market's.

What it means: ICLN's own history does not strongly favor buying at this level yet.

What to do: Consider watching and waiting for a deeper dip or a higher grade.

Median 90-Day Return
Historical Win Rate
Last 30 days-2.21%
May 5Jun 16
About ICLN

iShares Global Clean Energy ETF

The index is designed to track the performance of approximately 100 clean energy-related companies. The fund generally invests at least 80% of its assets in the component securities of the index and in investments that have economic characteristics that are substantially identical to the component securities of the index and may invest up to 20% of its assets in certain futures, options and swap contracts, cash and cash equivalents, as well as in securities not included in the index. It is non-d

The reading

How Dipsern reads ICLN right now.

Three plain-English paragraphs — current state, historical base rate, and interpretation — so you walk away with context, not a dashboard.

Snapshot

How is ICLN doing right now?

In plain terms: ICLN is 43.5% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

As of the latest market close, iShares Global Clean Energy ETF (ICLN) is trading in a severe drawdown, 43.5% below its all-time high at $20.82. Severe drawdowns separate structurally sound assets from the ones that don't recover. The historical data below shows what ICLN did after similar episodes.

Historical base rate

What history says at this drawdown

Across all available history, ICLN has spent enough trading days in the 45%-to-40% drawdown band to build a meaningful sample (193 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

Interpretation

What this means for ICLN

ETFs aggregate constituent behavior, so their drawdowns tend to be shallower but more persistent than single stocks. The median forward return at a given drawdown level for an ETF is usually a more stable signal than for an individual equity. At this depth, focus on prediction error and sample size before median return. A high historical median return at -40% means nothing if the prediction error was also 30%.

Comparable signals

Other ETFs at similar drawdown levels

Five tickers closest to ICLN's distance from all-time high. Same category, one tap away.

SPDR S&P Oil & Gas Exploration & Production ETF

-41.6% from ATH

iShares 20+ Year Treasury Bond ETF

-40.1% from ATH

iShares Silver Trust

-40.0% from ATH

ARK 21Shares Bitcoin ETF

-47.8% from ATH

Fidelity Wise Origin Bitcoin Fund

-47.8% from ATH

Historical depth

Sample sizes by drawdown band

Dipsern segments the full drawdown range into 20 equal-width bands. The table shows the number of confirmed historical observations in each band for ICLN. Median forward returns, win rates, and prediction errors are available in the full analysis.

Drawdown BandObservationsMedian ReturnWin Rate
-90% to -85%143
-85% to -80%473
-80% to -75%1205
-75% to -70%450
-70% to -65%518
-65% to -60%485
-60% to -55%282
-55% to -50%287
-50% to -45%241
-45% to -40%Current193
-40% to -35%65
-35% to -30%12
Methodology

Every grade is reproducible.

We segment 40+ years of ICLN's price history into 20 equal-width drawdown bands and compute forward median returns, win rates, and prediction error per band. No look-ahead bias. Pure NumPy. Open math, gated numbers.

Years of history

40+

Drawdown bands

20

Look-ahead bias

None

Data sources

4

Unlock ICLN's full analysis

See the Dipsern grade, median returns, win rates, prediction accuracy, 8 interactive charts, historical price paths, and a plain-English verdict for ICLN.

Dipsern is research and a second opinion — not a broker. You'd buy ICLN at your own broker.

Analyze ICLN Free

No credit card required · 5 free analyses per month

Signal computed Jun 17, 2026 using default parameters (90-day return period, 20 segments, 0.95 decay). Data sourced from Yahoo Finance, Binance, CoinGecko, and Steam Market.