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Invesco Global Clean Energy UCITS ETF AccIndex, costs, backtest, listings and taxation

ISIN: IE00BLRB0242Ticker: GCLE (Borsa Italiana) · G1CE (Xetra) · GCLE (London SE) · GCLE (SIX)Issuer: InvescoClass: Acc

Global Equity tracking the WilderHill New Energy Global Innovation Index, physical replication, accumulating. Share class in US dollars (USD).

0.60% + 0.17%
TER + KID transaction costs ✓ declared by the issuer
111
rows published by the issuer · holdings ↓ ✓ declared by the issuer
91 m €
fund assets ✓ declared by the issuer
Every figure carries its provenance: ✓ declared by the issuer in its documents · ≈ computed by Rebalix on the declared data.

Fund

Name
Invesco Global Clean Energy UCITS ETF Acc
Declared index
WilderHill New Energy Global Innovation Index
Management
Passive (index-tracking)
Replication
SFDR
Article 9 — declared sustainable investment objective what does it mean?
Theme
Clean energy · Environment
Fund assets
90.8 mln EUR
Domicile
Ireland

Share class · this page

ISIN
IE00BLRB0242 · Acc
Ticker
GCLE (Borsa Italiana) · G1CE (Xetra) · GCLE (London SE) · GCLE (SIX)
Share-class currency
US dollars (USD)
TER
0.60%
Transaction costs
0.17% (issuer estimate, from the KID)
Income policy
NAV
21.93 USD (16 October 2026)
Share-class launch
1 March 2021
Data as declared by Invesco in the issuer’s official files and endpoints · collected on 17 October 2026 (monthly refresh). Facts only, no recommendation.
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Quick reads

  • TER 0.60%above the median of equity ETFs we track (0.23%).≈ computed by Rebalix
  • Industrials 46.1%first sector from the declared portfolio✓ declared by the issuer
  • 111 rowspublished by the issuer; completeness of the list not declared✓ declared by the issuer
  • Top 10 = 11.9%of the fund✓ declared by the issuer
  • Effective rate 26.00%on capital gains for Italian tax residents: from the declared white-list share≈ computed by Rebalix
✓ declared by the issuer · ≈ computed by Rebalix on the declared data in our census. They describe the past and are not indicative of future results.

Description and fund objective

Invesco Global Clean Energy UCITS ETF Acc tracks the issuer-declared index: WilderHill New Energy Global Innovation Index. The declared annual cost (TER) is 0.60%, plus 0.17% in transaction costs estimated by the issuer in the KID. Replication is physical replication (it buys the index constituents); income is accumulated and reinvested in the fund. The fund has assets of about 91 million euro, was launched on 1 March 2021 and is domiciled in Ireland. In our registry it is the largest by assets among the 2 ETFs declaring the same index.

The fund’s objective — in the issuer’s words

Investment objective: The objective of the Fund is to achieve the net total return performance of the WilderHill New Energy Global Innovation Index (the "Index"), less fees, expenses and transaction costs. Dividend Policy: This Share Class does not pay you income, but instead reinvests it to grow your capital, in line with its stated objectives.

Keep reading the KID section ▾

Investment approach: The Fund is a passively managed ETF. To achieve the investment objective, the Fund will, as far as possible and practicable, hold all the securities in the Index in their respective weightings. The Fund may use derivative instruments for the purposes of managing risk, reducing costs, generating additional capital or income. The Fund may engage in securities lending, whereby 90% of the revenues arising from securities lending will be returned to the Fund and 10% of the revenues will be retained by the securities lending agent. The Fund may be exposed to the risk of the borrower defaulting on its obligation to return the securities at the end of the loan period and of being unable to sell the collateral provided to it if the borrower defaults. The Fund is an Article 9 Fund (it has a sustainable investment objective) for the purposes of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector ("SFDR"). The Fund’s base currency is USD.

Redemption and Dealing of Shares:The Fund's shares are listed on one or more Stock Exchange(s). Investors can buy or sell shares daily through an intermediary directly or on Stock Exchange(s) on which the shares are traded. In exceptional circumstances investors will be permitted to redeem their shares directly from the Umbrella Fund in accordance with the redemption procedures set out in the prospectus, subject to any applicable laws and relevant charges.

Intended Retail InvestorThe Fund is intended for informed investors aiming for long term capital growth, who have specific knowledge or experience of investing in similar products and financial markets, have a risk appetite and an investment horizon consistent with the risk indicator displayed below and understand that there is no capital guarantee or protection (100% of capital is at risk). Practical Information Fund Depositary: The Bank of New York Mellon SA/NV, Dublin Branch, Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, Ireland. Find out more: This document is specific to the Fund. Further information about the Fund can be obtained from the supplement, the prospectus, annual and interim reports. The prospectus, annual and interim reports are prepared for the Umbrella Fund, of which the Fund is a sub-fund. These documents are available free of charge in English. They can be obtained along with other information, such as share prices, at https://etf.invesco.com (select your country and navigate to the Documents section on the product page), or by calling +353 1 439 8000. The assets of the Fund are segregated as a matter of Irish law and as such, in Ireland, the assets of one sub-fund will not be available to satisfy the liabilities of another sub-fund. This position may be considered differently by the courts in jurisdictions outside of Ireland. Subject to satisfying certain criteria as set out in the prospectus, investors may be able to exchange their investment in the Fund for shares in another sub-fund of the Umbrella which is being offered at that time. The Index: The Index tracks the performance of global companies whose innovative technologies focus on the generation and use of cleaner energy, conservation, efficiency and the advancement of renewable energy. It is mainly composed of companies focused in wind, solar, biofuels, hydro, wave, tidal, geothermal and other relevant renewable energy businesses, as well as energy conversion, storage, conservation, efficiency, materials relating to those activities, carbon and greenhouse gas reduction, pollution control, emerging hydrogen and fuel cells. Companies are excluded if they are deemed by the Index provider (using data provided by Sustainalytics) to be involved in activities which have adverse impacts on societies and ecosystems from an environmental, social and governance standpoint. Companies are then assessed to determine whether they have meaningful exposure (as determined in accordance with the Index provider’s criteria) to one of the following clean energy sectors, as defined by the Index provider: 1) Renewable – Wind; 2) Renewable –Solar; 3) Renewable – Biofuels &

From the KID’s “Objectives” section · KID acquired on 14 August 2026 · original document ↓
Text generated from the data the issuer declares in official product lists. No recommendation.

What has changed in the fund over time

Every month we snapshot the register and the holdings and keep the picture. The history shows how the fund changes, not only what it is today.

  1. Share-class launch
    1 March 2021
    declared by the issuer
  2. Basket snapshots
    3 monthly
    since August 2026
  3. Dated events
    none so far
    TER, index, name, tax: every change is an event
Open the history →

Italian taxation

Effective rate on capital gains
26.00%
White-list share
0.00%
From the government-bond («white list») share certified by the issuer every semester: 12.5% on that portion, 26% on the rest.
Deep-dive into this fund’s taxation →
PerformanceIn this sectionChartBacktest

Fund performance

issuer-declared net asset value (NAV) · USD (loading exchange rates) · from Mar 2021 to Oct 2026
Compare with another ETF
Only funds we hold a history for. Three at a time, at most.
Return
-50.4%
Annualised
-11.7%
Volatility (ann.)
25.5%
Max drawdown
-71.36%
-72%-53%-35%-16%+3%Mar 2021Jul 2022Dec 2023May 2025Oct 2026The break-even line: the value at the start of the period. Above it you are in gain, below in loss.break-even (0%)-50.4%
01 Mar 2021 → 16 Oct 20265 years and 8 months · -50.4%
01 Mar 202116 Oct 2026Mar 2021Oct 2026
Accumulating class: income is reinvested inside the fund and already reflected in the NAV; no distribution is left out of the chart.
Calculations on the NAV: total-return series currency not qualified.
Note — currency risk: the fund is denominated (or hedged) in USD and the chart is in USD. For a euro investor, returns also depend on the EUR/USD exchange rate, up or down.
Tip: drag across the chart to zoom into a period.

Drawdown — distance from previous peak

This isn’t the return: it shows how far the fund is below its previous peak. 0% = you’re at the peak; below zero = how much you’re down and haven’t recovered yet.
0%-20%-40%-60%-80%202120222023202420252026−71.36% · 08 Apr 2025
Max drawdown
-71.36%
peak → trough
Trough
08 Apr 2025
from the 01 Mar 2021 peak
Recovery time
not yet
recovery only: trough to break-even
Underwater
2,055 days
decline + recovery: peak to break-even · ≈ 5 years and 8 months · (ongoing)

Calendar-year returns

2021
-22.9%
since launch, 1 Mar
2022
-30.5%
2023
-11.4%
2024
-26.4%
2025
42.3%
2026
-0.3%
2021: the share class was launched on 1 March 2021; the return runs from launch to 31 December 2021 and is not a full year.

Month-by-month returns

2026Year -0.3%
Jan
9.9
Feb
4.5
Mar
-4.8
Apr
17.4
May
7.6
Jun
-12.1
Jul
-10.8
Aug
2.2
Sept
-4.6
Oct
-5.6
Nov
·
Dec
·
2025Year 42.3%
Jan
-1.1
Feb
-2.3
Mar
-5.8
Apr
3.5
May
8.0
Jun
8.2
Jul
6.4
Aug
6.3
Sept
6.3
Oct
10.9
Nov
-3.8
Dec
0.6
2024Year -26.4%
Jan
-13.4
Feb
-0.3
Mar
2.4
Apr
-4.3
May
10.0
Jun
-8.8
Jul
1.9
Aug
-2.0
Sept
5.0
Oct
-9.1
Nov
-4.0
Dec
-5.2
2023Year -11.4%
Jan
12.6
Feb
-5.7
Mar
0.9
Apr
-5.8
May
-3.3
Jun
5.2
Jul
6.0
Aug
-13.5
Sept
-10.4
Oct
-13.6
Nov
9.7
Dec
10.5
2022Year -30.5%
Jan
-18.2
Feb
6.1
Mar
6.7
Apr
-13.9
May
2.5
Jun
-11.3
Jul
16.3
Aug
0.9
Sept
-16.6
Oct
-0.8
Nov
9.2
Dec
-9.6
JanFebMarAprMayJunJulAugSeptOctNovDecYear
20269.94.5-4.817.47.6-12.1-10.82.2-4.6-5.6-0.3
2025-1.1-2.3-5.83.58.08.26.46.36.310.9-3.80.642.3
2024-13.4-0.32.4-4.310.0-8.81.9-2.05.0-9.1-4.0-5.2-26.4
202312.6-5.70.9-5.8-3.35.26.0-13.5-10.4-13.69.710.5-11.4
2022-18.26.16.7-13.92.5-11.316.30.9-16.6-0.89.2-9.6-30.5
2021-4.6-2.13.8-4.20.1-5.611.8-5.6-8.7-22.9(since launch)
From month-end NAVs, over the fund’s full history, on the series shown in the chart (dividends reinvested: where declared). Deeper colour = larger move.

Method and sources

Source: Invesco. Issuer-declared historical series; inflation: Eurostat and national statistical institutes, latest available August 2026 — for later days the index stays at the last published value (institutes publish with a few weeks’ lag). The «adjusted for inflation» view expresses value in today’s purchasing power for the selected country; volatility always stays nominal, as elsewhere on the site (deflating it would add artificial swings caused by the monthly cadence of the price index). Past performance is not indicative of future results: these are facts, not a recommendation.
RiskIn this sectionRisk

Risk indicators· EUR

Last year
Volatility (ann.)20.35%
Max drawdown-25.51%
Sharpe0.04
Sortino0.05
Last 3 years
Volatility (ann.)21.12%
Max drawdown-39.60%
Sharpe0.08
Sortino0.11
Last 5 years
Volatility (ann.)24.02%
Max drawdown-67.76%
Sharpe-0.38
Sortino-0.53
Full history
Volatility (ann.)24.30%
Max drawdown-68.57%
Sharpe-0.43
Sortino-0.60
Last yearLast 3 yearsLast 5 yearsFull history
Volatility (ann.)20.35%21.12%24.02%24.30%
Max drawdown-25.51%-39.60%-67.76%-68.57%
Sharpe0.040.08-0.38-0.43
Sortino0.050.11-0.53-0.60
Computed from the daily NAV series, always in nominal terms. Sharpe and Sortino use the ECB main refinancing rate averaged over the period (last year: 2.25%), weighted by days in force, as the risk-free rate. Same formulas as our public methodology: sample standard deviation annualised over 252 days; Sortino with downside deviation. Past performance is not indicative of future results. Figures in EUR — series converted day by day at ECB reference rates; the table follows the currency selected in the chart.
PortfolioIn this sectionHoldings

Portfolio holdings

Rows in the published list
111
Top-10 weight
11.9%

Top 10 holdings

SES AI CORP USD 0.0001
1.35%
Lotte Energy Materials Corp KRW500
1.29%
DOOSAN FUEL CELL CO LTD KRW100
1.23%
CS WIND CORP KRW500
1.21%
TAMURA CORP NPV
1.21%
BLOOM ENERGY CORP- A USD0.0001
1.20%
SINO-AMERICAN SILICON PRODUC TWD10
1.12%
NIBE INDUSTRIER AB SEK NPV
1.10%
VERBUND AG NPV
1.09%
J&V ENERGY TECH TWD 10.000000000
1.08%

Sectors

Industrials
46.1%
Utilities
19.1%
Information Technology
19.0%
Consumer Discretionary
8.9%
Materials
3.4%
Energy
1.8%
Consumer Staples
0.9%

Countries

AfghanistanAngolaAlbaniaUnited Arab EmiratesArgentinaArmeniaFrench Southern and Antarctic LandsAustraliaAustriaAzerbaijanBurundiBelgiumBeninBurkina FasoBangladeshBulgariaThe BahamasBosnia and HerzegovinaBelarusBelizeBoliviaBrazilBruneiBhutanBotswanaCentral African RepublicCanadaSwitzerlandChileChina: 13.6%Ivory CoastCameroonDemocratic Republic of the CongoRepublic of the CongoColombiaCosta RicaCubaCyprusCzech RepublicGermany: 3.7%DjiboutiDenmarkDominican RepublicAlgeriaEcuadorEgyptEritreaSpain: 4.6%EstoniaEthiopiaFinlandFijiFalkland IslandsFrance: 3.6%GabonUnited KingdomGeorgiaGhanaGuineaGambiaGuinea BissauEquatorial GuineaGreeceGreenlandGuatemalaFrench GuianaGuyanaHondurasCroatiaHaitiHungaryIndonesiaIndiaIrelandIranIraqIcelandIsraelItaly: 2.8%JamaicaJordanJapan: 6%KazakhstanKenyaKyrgyzstanCambodiaSouth Korea: 10.5%KosovoKuwaitLaosLebanonLiberiaLibyaSri LankaLesothoLithuaniaLuxembourgLatviaMoroccoMoldovaMadagascarMexicoMacedoniaMaliMyanmarMontenegroMongoliaMozambiqueMauritaniaMalawiMalaysiaNamibiaNew CaledoniaNigerNigeriaNicaraguaNetherlandsNorwayNepalNew ZealandOmanPakistanPanamaPeruPhilippinesPapua New GuineaPolandPuerto RicoNorth KoreaPortugalParaguayQatarRomaniaRussiaRwandaWestern SaharaSaudi ArabiaSudanSouth SudanSenegalSolomon IslandsSierra LeoneEl SalvadorSomaliaRepublic of SerbiaSurinameSlovakiaSloveniaSwedenSwazilandSyriaChadTogoThailandTajikistanTurkmenistanEast TimorTrinidad and TobagoTunisiaTurkeyTaiwan: 11.9%United Republic of TanzaniaUgandaUkraineUruguayUnited States of America: 23.8%UzbekistanVenezuelaVietnamVanuatuWest BankYemenSouth AfricaZambiaZimbabwe
up to 1%1–5%5–15%15–30%over 30%
Hover a country for its percentage.
Top 7 countries
United States23.8%
China13.6%
Taiwan11.9%
South Korea10.5%
Japan6%
Spain4.6%
Germany3.7%
Items not attributed to a country: 19.6% “Other” — labels as declared by the issuer.
⬇ Download the published holdings — Excel, 111 rows
Holdings as published by Invesco, holdings as at 1 October 2026: 111 rows archived by Rebalix, summarised here. Rebalix has no statement from the issuer on the completeness of this list. Weights are reported without rescaling and may not sum to 100%. How Rebalix verifies portfolio holdings →
StructureIn this sectionSame indexExchanges

ETFs declaring the same index

FundTERIncomeFund size
GCEX · Invesconot on Borsa Italiana
0.60%Dist.91 mln EUR
2 ETFs in our census declare this index (including this fund). Funds declaring the exact same index, word for word, in official product lists. Differently-worded variants (or other index versions) are not shown: a short list beats a wrong match. Sorted as follows: Milan-listed classes first, then the others; within each group by ascending TER, then by descending assets. A dash “—” = not declared by the issuer in the files we read — not a zero.

Where it shows up commission-free in Italy

According to the official lists published by the brokers (downloaded and cross-checked by us), these share classes of the fund appear tradable with zero fees:

IE00BLRB0242GCLE
  • Moneyfarmzero on single buys from 1,000 €, agreement until 31 December 2026
  • XTBzero (up to €100,000 monthly volume, unreachable for a retail plan); fractions available in plans
Full terms, traps and method in the observatory: Free savings plans and zero-commission ETFs: the broker survey

Official lists verified on 15 October 2026. We record published terms — this is neither an invitation to open accounts nor a recommendation: lists change, the broker’s documents prevail. Trade Republic, Scalable Capital and Trading 212 publish no per-ISIN lists and don’t appear here.

Stock exchange listings

Exchanges with a ticker available· in alphabetical order
ExchangeTickerExchange sourceCurrencyRegistered since
Bolsa Mexicana de ValoresGCLENfrom the issuerissuer’s product list (exchange outside the FIRDS perimeter)——
Borsa Italiana (ETFplus)GCLEfrom the issuerESMA register (FIRDS)—7 Apr 2021
Börse DüsseldorfG1CEfrom mappingESMA register (FIRDS)—5 Mar 2021
Börse FrankfurtG1CEfrom mappingESMA register (FIRDS)—5 Mar 2021
Börse HamburgG1CEfrom mappingESMA register (FIRDS)—9 Mar 2021
Börse HannoverG1CEfrom mappingESMA register (FIRDS)—9 Dec 2024
Börse München / gettexG1CEfrom mappingESMA register (FIRDS)—8 Mar 2021
Börse StuttgartG1CEfrom mappingESMA register (FIRDS)—12 Apr 2021
London Stock Exchange· 2 declared linesGCLE★GCLXfrom the issuerissuer’s product list (exchange outside the FIRDS perimeter)USDGBX—
SIX Swiss ExchangeGCLEfrom the issuerissuer’s product list (exchange outside the FIRDS perimeter)——
Tradegate ExchangeG1CEfrom mappingESMA register (FIRDS)—5 May 2021
Xetra (Deutsche Börse)G1CEfrom the issuerESMA register (FIRDS)—5 Mar 2021
from the issuer — ticker declared by the issuer in its product list.
from mapping — ticker obtained by ISIN→exchange mapping under the open FIGI standard, not read from the exchange’s list.
Each row is one exchange: the operator with all its markets and segments (regulated market and Freiverkehr included). “Registered since”: admission date in the ESMA register (FIRDS), not necessarily the first trading day; a dash = date not recorded in the sources.
Other exchanges on record · 1 · show
ExchangeTickerExchange sourceRegistered since
Euronext Dublinnot availableESMA register (FIRDS)25 Feb 2021
For these exchanges none of the listing sources Rebalix covers provides a ticker; the listing is known from the ESMA register (FIRDS) or declared by the issuer.
+ 7 other trading platforms (platforms for professional participants and segments without admission to listing, such as an exchange operator’s dark books or auctions): they are not exchanges and are not listed.
Exchanges are taken from the official ESMA register (FIRDS) and, where FIRDS does not cover the exchange (London, Zurich) or does not record the current listing, from the issuers’ product lists and documents: the “Exchange source” column says so row by row. Each exchange is a single row, with all its markets and segments. Tickers come from the issuers’ product lists and tax documents or, where indicated, from ISIN→exchange mapping under the open FIGI standard (OpenFIGI). Activity on a dark book, an auction or an ancillary platform does not prove a listing on the exchange that operates it. Rebalix mainly covers venues in the European Economic Area, Switzerland and the United Kingdom: when the issuer declares current listings in other jurisdictions too, they appear with their source, outside the ESMA register perimeter. Terminated or cancelled listings are not shown. The same fund may trade in different currencies depending on the exchange: check the trading currency with your broker.
DocumentsIn this sectionDocumentsFAQ

Official documents

Key Information Document (KID)PDF in English, from the issuer’s site — always the latest filed versionProspectusPDF in English, from the issuer’s site — the fund’s full legal documentFactsheetPDF in English, from the issuer’s site — the fund’s monthly snapshot
The KID is the document the law requires you to read before investing: 3 pages covering risks, costs and scenarios. The link opens the issuer’s published PDF.

Frequently asked questions

Which index does Invesco Global Clean Energy UCITS ETF Acc track?
The issuer Invesco declares the benchmark: WilderHill New Energy Global Innovation Index.
How much does GCLE cost?
The issuer-declared TER is 0.60% per year; the transaction costs estimated in the KID are 0.17%.
How is GCLE taxed in Italy?
On sale, the capital gain is taxed at an effective 26.00% rate (white-list share 0.00%): 12.5% on the government-bond “white list” portion, 26% on the rest.
What is the fund size of GCLE?
The fund size declared by Invesco is about 91 million euro.
When was GCLE launched?
The fund was launched on 1 March 2021: it has 5 years of history.
How does GCLE replicate its index?
It is a passively managed ETF: it follows the declared index. Physical (issuer wording: “Physical”).
Does GCLE pay dividends?
No: it is an accumulating share class — income stays in the fund and is reinvested automatically (issuer wording: “Accumulating”).
Where does GCLE trade?
Per the official ESMA register (FIRDS) and the issuer’s documents it is listed on 12 exchanges with a ticker available, including Bolsa Mexicana de Valores (GCLEN), Borsa Italiana (ETFplus) (GCLE), Börse Düsseldorf (G1CE), Börse Frankfurt (G1CE), Börse Hamburg (G1CE), Börse Hannover (G1CE).
What was GCLE's worst fall?
Over the available history (since 2021), the maximum drawdown was -71.36%, reached in April 2025. Past performance is not indicative of future results.
How many positions does GCLE publish?
The list published by the issuer and archived by Rebalix has 111 rows; the top 10 weigh 11.9%. The issuer does not declare the list as complete: rows are reported as published, weights included, even where a position has zero weight.
Transparency note
The data in this sheet is declared by Invesco in the issuer’s official files and endpoints, collected by Rebalix with a monthly refresh; taxation derives from the issuer’s tax documents (Italian Law Decree 138/2011). This is factual information for informational purposes only: it is not financial or tax advice, nor an investment recommendation. Read the fund’s KID and prospectus before investing.
Do you represent the issuer? Report a correction or an update