VanEck Global Clean Energy ETF (CLNE) Review & Analysis

MER Β· #365 of 514AUM Β· #313 of 5081Y Return Β· Top 25%3Y Return Β· #243 of 3005Y Return Β· #216 of 225
What's new this monthData to 30 September 2026
  • βˆ’2.2% in September (total return), behind the median international shares ETF at +0.0%.
  • Investors withdrew a net $1.6m (-2.2% of the fund).
  • The unit price closed the month at $8.12, 27% below its 12-month high (range $6.67 to $11.10).

About CLNE

CLNE is an international shares ETF from VanEck, listed on the ASX since March 2021. With $74m under management it is number 156 of 254 international shares ETFs by size. The management fee is 0.65% a year, about $65 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Its largest holdings are Nextpower Inc, Nordex SE and Clearway Energy Inc, and the top 10 make up 50% of the fund. By sector it leans towards utilities (70%) and industrials (16%). United States is the biggest country exposure at 32%.

Over five years it has returned βˆ’3.0% a year including distributions, against +8.8% for the median international shares ETF. With its focus on clean energy, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

CLNE distributions and dividend dates

CLNE pays distributions yearly, usually going ex-distribution in July, with payment about 26 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $0.07 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 27 July 2026. To receive it you need to own CLNE before the ex-date.

Its distribution yield over the past 12 months is about 0.9%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare CLNE with

CLNE price by TradingView

Stock CodeCLNE
Fund ManagerVanEck
Asset ClassInternational shares
AUM$74m
MER (%)0.65%
Net flows (Sep)βˆ’$1.6m
Last Price$8.12
52-Week Range$6.67 – $11.10
Bid/Ask Spread0.28%
Listing Date10/03/2021
ExchangeASX
Index trackedS&P Global Clean Energy Select Index
Issuer websiteVanEck β†—

Performance (% return)

-14%-4%5%15%1M-2.2%1Y15.2%3Y15.0%5Y-14.2%
1 monthβˆ’2.2%
1 year+15.2%
3 years p.a.+4.8%
5 years p.a.βˆ’3.0%

$10,000 invested…

1 year ago$11,5193 years ago$11,4975 years ago$8,583

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

CLNE at a glance: strengths and things to watch

πŸ‘ Strengths

  • Nothing stands out against its category.

⚠️ Things to watch

  • Behind its peers. βˆ’3.0% a year over 5 years, against +8.8% for the median international shares ETF.
  • Concentrated. The top 10 holdings make up 50% of the fund, so a few companies drive the result.
  • In a downtrend. Its price has been trending down since 22 September (as at 7 November).

Worked out from CLNE's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Downtrend since 22 Sep 2026

CLNE is in a downtrend. Here's why that matters.

CLNE's price is below its 20-day average and its averages are stacked downward.

Why it matters: Downtrends can run for months, and that is where most big losses happen. For satellite holdings, waiting in cash until the trend turns has often been the better choice.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Oct 25Jan 26Apr 26Jul 26Oct 26
UptrendBaseDowntrend

CLNE weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Global

Themes & Sectors

Clean energy

Portfolio Breakdown

Top 10 holdings (50.0% of the fund)

SymbolCompany% assets
NXT5.40%
NDX15.37%
CWEN5.08%
EDPR5.06%
ORSTED5.00%
VER5.00%
VWS4.90%
BEPC4.78%
ENLT4.73%
FSLR4.72%

Sector breakdown

  • Utilities69.9%
  • Industrials16.3%
  • Information Technology10.9%
  • Energy2.9%

Country breakdown

  • United States32.1%
  • IL13.4%
  • DK9.9%
  • ES7.0%
  • Germany5.4%
  • AT5.0%
  • Canada4.8%
  • PT4.7%
  • Other17.8%

Holdings from the issuer's published portfolio as at 09 November 2026. Compare CLNE's holdings with other ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
FUELBetashares Global Energy Companies Currency Hedged ETF Currency hedged
0%
0.57%$268m+39.1%+13.0%+16.6%
T8EVT8 Energy Vision Active ETF Active–1.25%$29m+17.0%––
URANVanEck Uranium and Energy Innovation ETF
0%
0.59%$14m–––
VGSVanguard MSCI Index International Shares ETF
0%
0.18%$18.7bn+10.1%+17.9%+11.8%
IVViShares S&P 500 ETF
0%
0.04%$14.9bn+10.1%+19.2%+13.4%
NDQBetashares Nasdaq 100 ETF
0%
0.48%$9.5bn+16.6%+23.8%+15.3%

Same holdings is the share of CLNE's money in companies the other ETF also holds, weighted by size. No other ETF shares much with CLNE, so these are ETFs in the same category. See every ETF like CLNE β†’

CLNE vs its closest alternatives

What actually differs between CLNE and the ETFs most like it. Data to 30 Sep 2026.

FUEL Betashares Global Energy Companies Currency Hedged ETF

  • They share 0% of their holdings: mostly different companies.
  • FUEL is cheaper (0.57% vs 0.65%), worth about $5,191 on $100,000 over 20 years.
  • Over 3 years, a year: CLNE +4.8%, FUEL +13.0% (FUEL ahead by 8.2 percentage points).
  • FUEL is about 4 times larger ($268m vs $74m), which usually means tighter trading spreads.
  • Different structure: CLNE is a standard fund, FUEL is currency hedged.

Compare CLNE and FUEL side by side β†’

T8EV T8 Energy Vision Active ETF

  • CLNE is cheaper (0.65% vs 1.25%), worth about $36,651 on $100,000 over 20 years.
  • Over 1 year: CLNE +15.2%, T8EV +17.0% (T8EV ahead by 1.8 percentage points).
  • CLNE is about 3 times larger ($74m vs $29m), which usually means tighter trading spreads.
  • Different structure: CLNE is a standard fund, T8EV is actively managed.

Compare CLNE and T8EV side by side β†’

URAN VanEck Uranium and Energy Innovation ETF

  • They share 0% of their holdings: mostly different companies.
  • URAN is cheaper (0.59% vs 0.65%), worth about $3,886 on $100,000 over 20 years.
  • CLNE is about 5 times larger ($74m vs $14m), which usually means tighter trading spreads.

Compare CLNE and URAN side by side β†’

General information only. Past performance is not a reliable indicator of future performance.

CLNE FAQs

What is the fee for CLNE?

CLNE charges a management fee (MER) of 0.65% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is CLNE?

CLNE had $74m in funds under management as at 30 September 2026.

How has CLNE performed?

CLNE returned +15.2% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +4.8% a year. Past performance is not a reliable indicator of future performance.

Who manages CLNE?

CLNE is managed by VanEck and has been listed since March 2021.

Is CLNE franked?

Generally no. CLNE invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

What does CLNE hold?

CLNE's largest holdings are Nextpower Inc (5.4%), Nordex SE (5.4%), Clearway Energy Inc (5.1%), Edp Renewables SA (5.1%), Orsted AS (5.0%). The biggest sector is utilities at 70%. Holdings as at 9 November 2026.

Is CLNE currency hedged?

No, CLNE is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the VanEck product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.